Price Level of Imports for Cambodia
PLMCPPKHA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.64
Year-over-Year Change
10.84%
Date Range
1/1/1970 - 1/1/2019
Summary
The Price Level of Imports for Cambodia measures changes in the prices of goods and services imported into Cambodia. It is a key indicator for understanding Cambodia's trade dynamics and 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 Cambodia tracks the overall change in prices of imported goods and services, providing insight into Cambodia's trade balance and international purchasing power. It is used by economists and policymakers to assess the country's trade competitiveness and inflationary pressures.
Methodology
The data is compiled by Cambodia's National Institute of Statistics based on a survey of import prices.
Historical Context
This trend is relevant for analyzing Cambodia's trade policy, exchange rate management, and economic growth.
Key Facts
- Cambodia is a major importer of goods and services.
- The price level of imports reflects Cambodia's trade balance and international purchasing power.
- Tracking import prices is crucial for policymakers managing Cambodia's exchange rate and trade policy.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Imports for Cambodia measures changes in the overall prices of goods and services imported into the country.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into Cambodia's trade dynamics, competitiveness, and inflationary pressures, which are important for economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is compiled by Cambodia's National Institute of Statistics based on a survey of import prices.
Q: How is this trend used in economic policy?
A: Policymakers use this trend to assess Cambodia's trade balance, exchange rate management, and overall economic competitiveness.
Q: Are there update delays or limitations?
A: The data may have some update delays due to the time required for data collection and compilation by the National Institute of Statistics.
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Citation
U.S. Federal Reserve, Price Level of Imports for Cambodia (PLMCPPKHA670NRUG), retrieved from FRED.