Price Level of Exports for Spain
PLXCPPESA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.66
Year-over-Year Change
1.44%
Date Range
1/1/1950 - 1/1/2019
Summary
The Price Level of Exports for Spain measures the change in prices of Spanish exports over time. It is a key indicator of the country's international competitiveness and can inform trade and monetary policy decisions.
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 Spain is an index that tracks the average change in prices for goods and services exported from Spain. It is used to assess the international purchasing power and price competitiveness of Spanish exports relative to other countries.
Methodology
The data is collected through surveys of Spanish exporting firms and calculated by the Banco de España.
Historical Context
Policymakers and analysts monitor this trend to understand Spain's trade dynamics and the effects of exchange rates, production costs, and other factors on the country's export performance.
Key Facts
- The index is based on 2015 = 100.
- Spain is a major exporter of machinery, vehicles, and chemicals.
- Exports account for over 30% of Spain's GDP.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Exports for Spain measures the average change in prices of goods and services exported from Spain over time.
Q: Why is this trend relevant for users or analysts?
A: This trend is important for understanding Spain's international trade competitiveness and can inform policy decisions related to exchange rates, production costs, and export promotion.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Spanish exporting firms and calculated by the Banco de España.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this trend to assess Spain's trade dynamics and the effects of various factors on the country's export performance, which can inform trade and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of 1-2 months.
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Citation
U.S. Federal Reserve, Price Level of Exports for Spain (PLXCPPESA670NRUG), retrieved from FRED.