Price Level of Imports for Kyrgyzstan
PLMCPPKGA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.67
Year-over-Year Change
1.90%
Date Range
1/1/1990 - 1/1/2019
Summary
The Price Level of Imports for Kyrgyzstan measures the relative prices of imported goods and services in the Kyrgyz economy. This trend is important for economists and policymakers to assess the country's trade dynamics and external 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 Kyrgyzstan tracks the overall price changes of a representative basket of imported goods and services. It provides insight into the purchasing power of Kyrgyzstan's currency in international markets and can signal shifts in the country's trade balance and domestic inflation pressures.
Methodology
The data is calculated based on national accounts statistics and price surveys.
Historical Context
This metric informs economic analysis and policies related to Kyrgyzstan's trade, exchange rate, and monetary policies.
Key Facts
- Kyrgyzstan is a landlocked, mountainous country in Central Asia.
- Imports account for over 50% of Kyrgyzstan's GDP.
- The price level of imports reflects Kyrgyzstan's trade balance and exchange rate dynamics.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Imports for Kyrgyzstan measures the overall price changes of imported goods and services in the Kyrgyz economy.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Kyrgyzstan's trade dynamics, external competitiveness, and domestic inflation pressures.
Q: How is this data collected or calculated?
A: The data is calculated based on national accounts statistics and price surveys.
Q: How is this trend used in economic policy?
A: This metric informs economic analysis and policies related to Kyrgyzstan's trade, exchange rate, and monetary policies.
Q: Are there update delays or limitations?
A: The data may be subject to occasional delays in publication and can be influenced by factors like exchange rate movements and trade policy changes.
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Citation
U.S. Federal Reserve, Price Level of Imports for Kyrgyzstan (PLMCPPKGA670NRUG), retrieved from FRED.