Price Level of Exports for Lebanon
PLXCPPLBA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.70
Year-over-Year Change
14.97%
Date Range
1/1/1970 - 1/1/2019
Summary
The Price Level of Exports for Lebanon measures the domestic price changes of exported goods and services. This metric is important for analyzing Lebanon's international 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 Lebanon is an index that tracks the price changes of a representative basket of exported goods and services from the country. This data provides insights into the pricing dynamics faced by Lebanese exporters and can inform trade and exchange rate policies.
Methodology
The data is collected and calculated by the International Monetary Fund through surveys and sampling of export transactions.
Historical Context
Policymakers and economists use this metric to assess Lebanon's export sector performance and international cost competitiveness.
Key Facts
- The base year for the index is 2010 = 100.
- Lebanon's exports are primarily composed of gems, precious metals, and agricultural products.
- The index reflects both domestic inflation and exchange rate movements.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Exports for Lebanon measures the domestic price changes of a representative basket of exported goods and services from the country.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Lebanon's export sector performance and international cost competitiveness, which is crucial for policymakers and economists analyzing the country's trade dynamics.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the International Monetary Fund through surveys and sampling of export transactions.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess Lebanon's export sector performance and inform trade and exchange rate policies.
Q: Are there update delays or limitations?
A: The data is published regularly by the International Monetary Fund, but there may be some delays in availability or limitations in the underlying data sources.
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Citation
U.S. Federal Reserve, Price Level of Exports for Lebanon (PLXCPPLBA670NRUG), retrieved from FRED.