Price Level of Exports for New Zealand
PLXCPPNZA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.66
Year-over-Year Change
8.03%
Date Range
1/1/1950 - 1/1/2019
Summary
The Price Level of Exports for New Zealand measures the average change in prices received by New Zealand exporters. This metric provides insights into the competitiveness of New Zealand's export industries and the dynamics of international trade.
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 New Zealand tracks the average prices received by New Zealand firms for their exported goods and services. This data series is used by economists and policymakers to analyze the pricing power and cost competitiveness of the country's export sectors.
Methodology
The data is collected by New Zealand's statistical agency through surveys of exporting businesses.
Historical Context
Trends in the price level of exports can inform New Zealand's trade and exchange rate policies.
Key Facts
- The base year for this index is 2010.
- Prices are measured in New Zealand dollars.
- Data is released on a quarterly basis.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Exports for New Zealand measures the average change in prices received by New Zealand exporters for their goods and services.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the pricing power and cost competitiveness of New Zealand's export industries, which is important for understanding the country's trade dynamics and economic performance.
Q: How is this data collected or calculated?
A: The data is collected by New Zealand's statistical agency through surveys of exporting businesses.
Q: How is this trend used in economic policy?
A: Trends in the price level of exports can inform New Zealand's trade and exchange rate policies by providing insights into the country's export competitiveness.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, so there may be a short delay in the availability of the most recent information.
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Citation
U.S. Federal Reserve, Price Level of Exports for New Zealand (PLXCPPNZA670NRUG), retrieved from FRED.