Price Level of Exports for Paraguay
PLXCPPPYA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.58
Year-over-Year Change
3.64%
Date Range
1/1/1951 - 1/1/2019
Summary
The Price Level of Exports for Paraguay measures changes in the prices of goods and services exported from Paraguay over time. This metric is important for economists and policymakers to assess the country's trade competitiveness and external sector 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 Paraguay is an index that tracks the overall price movements of Paraguay's exported products and services. It provides insights into the international cost-competitiveness of the country's exports, which is a key factor in understanding its trade dynamics and balance of payments.
Methodology
The data is collected by Paraguay's central bank and calculated as an index based on export price surveys.
Historical Context
This export price index is used by policymakers and analysts to monitor Paraguay's export sector and inform trade and exchange rate policies.
Key Facts
- Paraguay is a major exporter of agricultural commodities like soybeans and beef.
- The export price index is based on a basket of Paraguay's top exported products.
- The index has a base year of 2010 = 100.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Exports for Paraguay measures changes in the overall prices of goods and services exported from the country over time.
Q: Why is this trend relevant for users or analysts?
A: This export price index is important for assessing Paraguay's trade competitiveness and monitoring the external sector performance of the economy.
Q: How is this data collected or calculated?
A: The data is collected by Paraguay's central bank and calculated as an index based on surveys of export prices.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this export price index to inform trade and exchange rate policies that impact Paraguay's international competitiveness.
Q: Are there update delays or limitations?
A: The data is published with a lag, and the index may not capture all exported products due to sampling limitations.
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Citation
U.S. Federal Reserve, Price Level of Exports for Paraguay (PLXCPPPYA670NRUG), retrieved from FRED.