Price Level of Exports for Fiji
PLXCPPFJA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.64
Year-over-Year Change
2.30%
Date Range
1/1/1960 - 1/1/2019
Summary
The Price Level of Exports for Fiji measures changes in the prices of goods and services exported from Fiji over time. This metric is important for economists and policymakers to assess Fiji's international trade competitiveness and monitor 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 Exports for Fiji is an index that tracks the overall price changes for Fiji's exported products. It provides insight into the cost-competitiveness of Fiji's exports in global markets and can inform trade and monetary policy decisions.
Methodology
The data is compiled by Fiji's Bureau of Statistics based on surveys of exporting businesses.
Historical Context
Policymakers and international trade analysts use this index to evaluate Fiji's export performance and external economic conditions.
Key Facts
- Fiji is a major exporter of agricultural products, minerals, and tourism services.
- The export price index is a key indicator of Fiji's international trade position.
- Fiji's export prices have risen steadily over the past decade.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Exports for Fiji measures changes in the overall prices of goods and services exported from Fiji over time.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Fiji's export competitiveness and can inform trade and monetary policy decisions.
Q: How is this data collected or calculated?
A: The data is compiled by Fiji's Bureau of Statistics based on surveys of exporting businesses.
Q: How is this trend used in economic policy?
A: Policymakers and international trade analysts use this index to evaluate Fiji's export performance and external economic conditions.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule with minimal lags, providing timely information for analysts.
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Citation
U.S. Federal Reserve, Price Level of Exports for Fiji (PLXCPPFJA670NRUG), retrieved from FRED.