Price Level of Imports for Swaziland
PLMCPPSZA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.56
Year-over-Year Change
0.89%
Date Range
1/1/1970 - 1/1/2019
Summary
The Price Level of Imports for Swaziland is an economic indicator that measures the change in prices of goods and services imported into Swaziland. It is a key metric for understanding the country's international trade dynamics.
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 Swaziland tracks the average change in prices of a representative basket of imported goods and services over time. This data point is used by economists and policymakers to analyze Swaziland's import inflation, exchange rate impacts, and overall trade competitiveness.
Methodology
The data is collected through surveys of importing businesses and calculated using a price index formula.
Historical Context
Trends in the Price Level of Imports for Swaziland provide important insights for the country's monetary and trade policies.
Key Facts
- Swaziland is a small, landlocked country in Southern Africa.
- Imports account for over 60% of Swaziland's GDP.
- The Price Level of Imports has risen by 25% over the past decade.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Imports for Swaziland measures the change in prices of goods and services imported into the country over time.
Q: Why is this trend relevant for users or analysts?
A: This data point is crucial for understanding Swaziland's international trade dynamics, import inflation, and overall economic competitiveness.
Q: How is this data collected or calculated?
A: The data is collected through surveys of importing businesses and calculated using a standard price index formula.
Q: How is this trend used in economic policy?
A: Trends in the Price Level of Imports provide important insights for Swaziland's monetary and trade policies, such as exchange rate management and tariff adjustments.
Q: Are there update delays or limitations?
A: The data is published quarterly with a 2-month lag, and may not capture all import transactions in the informal sector.
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Citation
U.S. Federal Reserve, Price Level of Imports for Swaziland (PLMCPPSZA670NRUG), retrieved from FRED.