Price Level of Exports for Czech Republic
PLXCPPCZA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.70
Year-over-Year Change
10.03%
Date Range
1/1/1990 - 1/1/2019
Summary
The Price Level of Exports for Czech Republic measures the relative prices of goods and services exported from the Czech Republic compared to the global average. This trend is a key indicator of the country's export competitiveness and trade position.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Price Level of Exports index compares the prices of goods and services exported from the Czech Republic to the global average export prices. It provides insight into the country's export competitiveness and can inform trade policy decisions.
Methodology
The data is calculated by the International Monetary Fund based on export price data and exchange rates.
Historical Context
Policymakers and analysts use this trend to assess the international competitiveness of the Czech economy.
Key Facts
- The index base year is 2018.
- Exports account for over 70% of Czech GDP.
- The index reached an all-time high of 99.05 in 2020.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Exports for Czech Republic measures the relative prices of goods and services exported from the Czech Republic compared to the global average.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the international competitiveness of the Czech economy and can inform trade policy decisions.
Q: How is this data collected or calculated?
A: The data is calculated by the International Monetary Fund based on export price data and exchange rates.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the international competitiveness of the Czech economy and inform trade policy decisions.
Q: Are there update delays or limitations?
A: The data is published regularly by the International Monetary Fund, but there may be some delays in reporting or availability.
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Citation
U.S. Federal Reserve, Price Level of Exports for Czech Republic (PLXCPPCZA670NRUG), retrieved from FRED.