Price Level of Imports for Bulgaria
PLMCPPBGA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.55
Year-over-Year Change
-0.69%
Date Range
1/1/1970 - 1/1/2019
Summary
The Price Level of Imports for Bulgaria measures the change in prices of goods and services imported into Bulgaria. This economic indicator is important for analyzing the country's trade balance and international 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 Imports for Bulgaria is an index that tracks the changes in prices of imported goods and services over time. It provides insights into the cost of imports, which is a key factor in Bulgaria's trade dynamics and can impact the country's overall economic performance.
Methodology
The data is collected by the National Statistical Institute of Bulgaria.
Historical Context
Policymakers and economists use this indicator to assess Bulgaria's international trade position and make informed decisions about trade and economic policies.
Key Facts
- The base year for the index is 2012.
- Imports account for a significant portion of Bulgaria's GDP.
- The index is released on a monthly basis.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Imports for Bulgaria measures the change in prices of goods and services imported into the country over time.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into the cost of imports, which is a key factor in Bulgaria's trade dynamics and can impact the country's overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected by the National Statistical Institute of Bulgaria.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this indicator to assess Bulgaria's international trade position and make informed decisions about trade and economic policies.
Q: Are there update delays or limitations?
A: The index is released on a monthly basis, with no significant update delays.
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Citation
U.S. Federal Reserve, Price Level of Imports for Bulgaria (PLMCPPBGA670NRUG), retrieved from FRED.