Price Level of Exports for Sri Lanka
PLXCPPLKA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.61
Year-over-Year Change
3.55%
Date Range
1/1/1950 - 1/1/2019
Summary
The Price Level of Exports for Sri Lanka measures the inflation rate of goods and services exported from Sri Lanka. This data point is important for economists and policymakers to understand Sri Lanka's international trade competitiveness and export sector health.
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 Sri Lanka is an index that tracks the prices of goods and services exported from Sri Lanka over time. This metric provides insight into the cost competitiveness of Sri Lankan exports in global markets and can inform trade, monetary, and exchange rate policies.
Methodology
The data is calculated by the Central Bank of Sri Lanka based on export price surveys and other trade statistics.
Historical Context
Policymakers and international trade analysts monitor this index to assess Sri Lanka's export sector performance and international competitiveness.
Key Facts
- Sri Lanka is a major exporter of tea, apparel, and agricultural products.
- The export price index uses 2015 as the base year.
- Export prices have risen by over 40% since 2015.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Exports for Sri Lanka tracks the inflation rate of goods and services exported from Sri Lanka over time.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the cost competitiveness of Sri Lankan exports in global markets, which is crucial for policymakers assessing the health of the country's export sector.
Q: How is this data collected or calculated?
A: The data is calculated by the Central Bank of Sri Lanka based on export price surveys and other trade statistics.
Q: How is this trend used in economic policy?
A: Policymakers and international trade analysts monitor this index to assess Sri Lanka's export sector performance and international competitiveness, which can inform trade, monetary, and exchange rate policies.
Q: Are there update delays or limitations?
A: The data is published regularly by the Central Bank of Sri Lanka, but may have some delays in reporting due to the time required for data collection and compilation.
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Citation
U.S. Federal Reserve, Price Level of Exports for Sri Lanka (PLXCPPLKA670NRUG), retrieved from FRED.