Price Level of Imports for Morocco
PLMCPPMAA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.59
Year-over-Year Change
4.04%
Date Range
1/1/1950 - 1/1/2019
Summary
The Price Level of Imports for Morocco measures changes in the prices of goods and services imported into the Moroccan economy. This metric is crucial for understanding Morocco's trade dynamics and inflation 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 Morocco is an index that tracks the overall price changes of imported goods and services relative to a base year. It provides insight into the cost competitiveness of Moroccan imports and can signal changes in domestic purchasing power.
Methodology
The data is collected and calculated by the International Monetary Fund based on official Moroccan trade statistics.
Historical Context
Policymakers and analysts use this index to assess the impact of import prices on Morocco's inflation, trade balance, and overall economic performance.
Key Facts
- The base year for the Price Level of Imports index is 2015.
- Morocco is a major importer of energy, machinery, and transportation equipment.
- Rising import prices can contribute to inflationary pressures in the Moroccan economy.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Imports for Morocco measures changes in the overall prices of goods and services imported into the Moroccan economy.
Q: Why is this trend relevant for users or analysts?
A: This index provides insight into Morocco's trade dynamics and the impact of import prices on domestic inflation, purchasing power, and overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the International Monetary Fund based on official Moroccan trade statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to assess the impact of import prices on Morocco's inflation, trade balance, and overall economic performance.
Q: Are there update delays or limitations?
A: The Price Level of Imports for Morocco data is updated periodically by the International Monetary Fund, but there may be some delays in the availability of the most recent data.
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Citation
U.S. Federal Reserve, Price Level of Imports for Morocco (PLMCPPMAA670NRUG), retrieved from FRED.