Price Level of Exports for Uruguay
PLXCPPUYA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.64
Year-over-Year Change
4.49%
Date Range
1/1/1950 - 1/1/2019
Summary
The Price Level of Exports for Uruguay measures the price changes of Uruguayan exports over time. This trend is a key indicator of the country's international trade dynamics 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 Uruguay is an index that tracks the average price changes of all goods and services exported from Uruguay. It provides insights into the purchasing power and cost-competitiveness of Uruguayan exports in global markets.
Methodology
The data is calculated by the Uruguayan National Institute of Statistics based on export price surveys.
Historical Context
Policymakers and trade analysts use this index to monitor Uruguay's export performance and guide trade policy decisions.
Key Facts
- Uruguay is a major exporter of agricultural products and beef.
- The Price Level of Exports index has a base year of 2010.
- Export prices are a key driver of Uruguay's economic growth.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Exports for Uruguay measures the average price changes of all goods and services exported from the country over time.
Q: Why is this trend relevant for users or analysts?
A: This index provides insights into the cost-competitiveness and purchasing power of Uruguayan exports, which is crucial for understanding the country's trade dynamics and performance.
Q: How is this data collected or calculated?
A: The data is calculated by the Uruguayan National Institute of Statistics based on export price surveys.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this index to monitor Uruguay's export performance and guide trade policy decisions.
Q: Are there update delays or limitations?
A: The data is published regularly by the Uruguayan government, but there may be occasional delays in data availability.
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Citation
U.S. Federal Reserve, Price Level of Exports for Uruguay (PLXCPPUYA670NRUG), retrieved from FRED.