Price Level of Exports for Cote d'Ivoire
PLXCPPCIA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.59
Year-over-Year Change
-3.61%
Date Range
1/1/1960 - 1/1/2019
Summary
The Price Level of Exports for Cote d'Ivoire measures the overall price changes of goods and services exported from Cote d'Ivoire. This indicator is crucial for understanding Cote d'Ivoire's trade competitiveness and the impact of exchange rate fluctuations.
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 Exports for Cote d'Ivoire reflects the relative cost of the country's exported goods and services compared to a base year. It is used by economists and policymakers to assess Cote d'Ivoire's export market performance and the impact of its trade policies.
Methodology
The data is calculated by the International Monetary Fund using export price indexes and exchange rate data.
Historical Context
This metric informs Cote d'Ivoire's trade and exchange rate policies, as well as the competitiveness of its exports in global markets.
Key Facts
- Cote d'Ivoire is a major exporter of cocoa, coffee, and other agricultural products.
- The Price Level of Exports has remained relatively stable since 2015.
- Fluctuations in this metric can indicate changes in Cote d'Ivoire's trade competitiveness.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Exports for Cote d'Ivoire measures the overall changes in prices of goods and services exported from the country.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for understanding Cote d'Ivoire's trade competitiveness and the impact of exchange rate fluctuations on its exports.
Q: How is this data collected or calculated?
A: The data is calculated by the International Monetary Fund using export price indexes and exchange rate data.
Q: How is this trend used in economic policy?
A: This metric informs Cote d'Ivoire's trade and exchange rate policies, as well as the competitiveness of its exports in global markets.
Q: Are there update delays or limitations?
A: The data is updated regularly by the IMF, but may be subject to revisions and potential lags in publication.
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Citation
U.S. Federal Reserve, Price Level of Exports for Cote d'Ivoire (PLXCPPCIA670NRUG), retrieved from FRED.