Price Level of Imports for Comoros
PLMCPPKMA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.59
Year-over-Year Change
2.49%
Date Range
1/1/1960 - 1/1/2019
Summary
The Price Level of Imports for Comoros measures the inflation rate of imported goods in the country. This is a key indicator for policymakers and economists to understand 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
The Price Level of Imports for Comoros index tracks the changes in the overall price level of goods imported into the country. It provides insights into the cost of international trade and can help identify factors influencing the country's imports, such as exchange rate movements or global commodity prices.
Methodology
The data is collected by the Central Bank of Comoros through surveys of import prices.
Historical Context
Policymakers use this index to assess the impact of imports on domestic inflation and make informed decisions about trade and monetary policies.
Key Facts
- Comoros is a small island nation heavily dependent on imports.
- The price level of imports is a key driver of domestic inflation in Comoros.
- Tracking import prices helps policymakers manage trade and monetary policies.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Imports for Comoros measures the changes in the overall price level of goods imported into the country.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the cost of international trade and can help identify factors influencing the country's imports, which is crucial for understanding domestic inflation and trade dynamics.
Q: How is this data collected or calculated?
A: The data is collected by the Central Bank of Comoros through surveys of import prices.
Q: How is this trend used in economic policy?
A: Policymakers use this index to assess the impact of imports on domestic inflation and make informed decisions about trade and monetary policies.
Q: Are there update delays or limitations?
A: The data is published regularly by the Central Bank of Comoros, but there may be occasional delays or limitations in data availability.
Related Trends
Price Level of Imports for Iraq
PLMCPPIQA670NRUG
Price Level of Household Consumption for Estonia
PLCCPPEEA670NRUG
Price Level of Imports for Singapore
PLMCPPSGA670NRUG
Price Level of Household Consumption for Kenya
PLCCPPKEA670NRUG
Price Level of the Capital Stock for Montenegro
PLKCPPMEA670NRUG
Price Level of Government Consumption for Zambia
PLGCPPZMA670NRUG
Citation
U.S. Federal Reserve, Price Level of Imports for Comoros (PLMCPPKMA670NRUG), retrieved from FRED.