Price Level of Imports for China
PLMCPPCNA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.73
Year-over-Year Change
14.46%
Date Range
1/1/1952 - 1/1/2019
Summary
The Price Level of Imports for China tracks changes in the prices of goods and services imported into China. This metric is a key indicator of China's international trade and economic health.
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 China measures the relative change in the prices of imported goods and services over time. It is used by economists and policymakers to assess China's international competitiveness and the impact of exchange rate movements on the Chinese economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis based on surveys of Chinese import transactions.
Historical Context
This trend is closely monitored by Chinese regulators, international investors, and global trade analysts.
Key Facts
- China is the world's second-largest importer.
- Import prices affect Chinese consumer inflation.
- The trend has shown volatility due to exchange rate fluctuations.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Imports for China tracks changes in the prices of goods and services imported into the Chinese economy over time.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for assessing China's international trade competitiveness and the impact of exchange rate movements on the Chinese economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis based on surveys of Chinese import transactions.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by Chinese regulators, international investors, and global trade analysts to understand China's economic conditions and trade dynamics.
Q: Are there update delays or limitations?
A: The data is published with a lag and may be subject to revisions, as is common with economic statistics.
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Citation
U.S. Federal Reserve, Price Level of Imports for China (PLMCPPCNA670NRUG), retrieved from FRED.