Price Level of Imports for Antigua and Barbuda
PLMCPPAGA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.57
Year-over-Year Change
7.01%
Date Range
1/1/1970 - 1/1/2019
Summary
The Price Level of Imports for Antigua and Barbuda measures the changes in the price of imported goods and services over time, providing insights into the country's trade dynamics and inflationary pressures.
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
This economic indicator tracks the price level of imports for Antigua and Barbuda, a small island nation in the Caribbean. It helps economists and policymakers understand the country's international competitiveness, inflationary trends, and the potential impact of exchange rate fluctuations on the domestic economy.
Methodology
The data is collected by the Antigua and Barbuda Statistics Division through surveys of import prices.
Historical Context
This trend is used to monitor the country's import costs and their impact on domestic inflation, which informs trade and monetary policies.
Key Facts
- Antigua and Barbuda is a small island nation in the Caribbean.
- The country is highly dependent on imports for consumer goods and raw materials.
- Import prices can significantly influence domestic inflation in Antigua and Barbuda.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Imports for Antigua and Barbuda measures the changes in the prices of goods and services imported into the country over time.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into Antigua and Barbuda's trade dynamics, international competitiveness, and inflationary pressures, which are crucial for economic policymaking and analysis.
Q: How is this data collected or calculated?
A: The data is collected by the Antigua and Barbuda Statistics Division through surveys of import prices.
Q: How is this trend used in economic policy?
A: This trend is used to monitor the country's import costs and their impact on domestic inflation, which informs trade and monetary policies in Antigua and Barbuda.
Q: Are there update delays or limitations?
A: The data may be subject to periodic delays in reporting and potential limitations in data collection, as is common with economic indicators for small, developing economies.
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Citation
U.S. Federal Reserve, Price Level of Imports for Antigua and Barbuda (PLMCPPAGA670NRUG), retrieved from FRED.