National Accounts: GDP by Expenditure: Constant Prices: Private Final Consumption Expenditure for Luxembourg
Index 2015=100, Annual
NAEXKP02LUA661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
116.79
Year-over-Year Change
30.07%
Date Range
1/1/1995 - 1/1/2022
Summary
The 'Index 2015=100, Annual' metric measures the annual average of a price index for exports of goods and services, with 2015 as the base year. This index is a key indicator of a country's international trade 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 'Index 2015=100, Annual' series tracks the average annual change in the price of a country's exported goods and services, using 2015 as the base year for comparison. Economists and policymakers closely monitor this index to assess a nation's export competitiveness and the impact of factors like exchange rates, tariffs, and global demand.
Methodology
The data is collected through surveys of businesses and calculated as an annual average index.
Historical Context
This export price index is used to inform trade policy, exchange rate management, and assessments of a country's economic health.
Key Facts
- The base year for this index is 2015.
- It measures the average annual change in export prices.
- The index can signal a country's trade performance and competitiveness.
FAQs
Q: What does this economic trend measure?
A: The 'Index 2015=100, Annual' metric measures the average annual change in the prices of a country's exported goods and services, using 2015 as the base year.
Q: Why is this trend relevant for users or analysts?
A: This export price index is a key indicator of a country's international trade performance and competitiveness, which is crucial information for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and calculated as an annual average index.
Q: How is this trend used in economic policy?
A: This export price index is used to inform trade policy, exchange rate management, and assessments of a country's economic health.
Q: Are there update delays or limitations?
A: The annual frequency of this data series may limit its usefulness for timely policy decisions, but it provides a reliable long-term view of export price trends.
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Citation
U.S. Federal Reserve, Index 2015=100, Annual (NAEXKP02LUA661S), retrieved from FRED.