Price Level of Imports for Tunisia
PLMCPPTNA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.52
Year-over-Year Change
-6.61%
Date Range
1/1/1960 - 1/1/2019
Summary
The Price Level of Imports for Tunisia tracks the relative price changes of imported goods and services in the Tunisian economy. This metric is a key indicator of a country's international trade competitiveness 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 Tunisia is an index that measures the price changes of a basket of imported goods and services over time. It is used by economists and policymakers to understand the impact of exchange rate fluctuations, tariffs, and global supply chain dynamics on Tunisian consumers and businesses.
Methodology
The data is calculated by Tunisia's National Institute of Statistics based on a survey of prices for a representative sample of imported products.
Historical Context
Changes in the Price Level of Imports can influence a country's trade balance, consumer prices, and monetary policy decisions.
Key Facts
- Tunisia is a net importer of goods and services.
- Import prices directly impact Tunisian consumer prices.
- The index has a base year of 2010 = 100.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Imports for Tunisia measures the relative changes in prices of imported goods and services over time in the Tunisian economy.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding a country's international trade competitiveness, inflationary pressures, and the impact of exchange rate fluctuations and trade policies.
Q: How is this data collected or calculated?
A: The data is calculated by Tunisia's National Institute of Statistics based on a survey of prices for a representative sample of imported products.
Q: How is this trend used in economic policy?
A: Changes in the Price Level of Imports can inform monetary policy decisions, trade negotiations, and assessments of a country's international competitiveness.
Q: Are there update delays or limitations?
A: The data is published on a regular basis, but there may be lags in reporting due to the time required to collect and process the import price information.
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Citation
U.S. Federal Reserve, Price Level of Imports for Tunisia (PLMCPPTNA670NRUG), retrieved from FRED.