Price Level of Exports for Germany
PLXCPPDEA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.70
Year-over-Year Change
7.32%
Date Range
1/1/1950 - 1/1/2019
Summary
The Price Level of Exports for Germany measures changes in the average prices of goods and services exported from Germany. It serves as an important economic indicator for analyzing Germany's international trade performance and competitiveness.
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 for Germany tracks the overall price movements of a fixed basket of exported products and services from the German economy. It provides insight into the price competitiveness of German exports in global markets and can inform policymakers and businesses on trade, inflation, and exchange rate dynamics.
Methodology
The data is calculated by the German Federal Statistical Office based on export price indexes for various product categories.
Historical Context
Analysts and policymakers use this metric to assess Germany's export market position and the impact of economic factors like currency values and production costs.
Key Facts
- Germany is the world's third-largest exporter of goods.
- Export revenues account for over 45% of Germany's GDP.
- The Price Level of Exports has increased by 7.2% over the past year.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Exports for Germany measures the average prices of goods and services exported from the German economy.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into Germany's export competitiveness and can inform policy decisions related to trade, inflation, and currency exchange rates.
Q: How is this data collected or calculated?
A: The data is calculated by the German Federal Statistical Office based on export price indexes for various product categories.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this metric to assess Germany's export market position and the impact of economic factors like currency values and production costs.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag from the reference period.
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Citation
U.S. Federal Reserve, Price Level of Exports for Germany (PLXCPPDEA670NRUG), retrieved from FRED.