Price Level of Exports for Macao
PLXCPPMOA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.71
Year-over-Year Change
27.19%
Date Range
1/1/1970 - 1/1/2019
Summary
The Price Level of Exports for Macao measures the relative price changes of exported goods from Macao over time. This metric is important for analyzing Macao's trade competitiveness and export performance.
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 Macao index tracks the average price changes for goods and services exported from Macao compared to a base year. It provides insight into Macao's export cost structure and ability to maintain a competitive position in international markets.
Methodology
The data is calculated by the International Monetary Fund using export price data collected through surveys and other statistical sources.
Historical Context
Policymakers and economists use this metric to assess Macao's export sector and make informed decisions regarding trade, exchange rate, and economic policies.
Key Facts
- Macao is a major exporter of luxury goods, services, and re-exports.
- The Price Level of Exports index is calculated with a base year of 2015.
- Macao's export prices have generally trended upward since the early 2000s.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Exports for Macao measures the relative changes in prices of goods and services exported from Macao over time, providing insight into the competitiveness of Macao's export sector.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for analyzing Macao's trade performance, as changes in export prices can impact the competitiveness of Macao's exports in global markets.
Q: How is this data collected or calculated?
A: The data is calculated by the International Monetary Fund using export price data collected through surveys and other statistical sources.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess Macao's export sector and make informed decisions regarding trade, exchange rate, and economic policies.
Q: Are there update delays or limitations?
A: The data is published with a lag, and there may be limitations in capturing all export price changes due to the complexity of Macao's export portfolio.
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Citation
U.S. Federal Reserve, Price Level of Exports for Macao (PLXCPPMOA670NRUG), retrieved from FRED.