Price Level of Exports for Portugal
PLXCPPPTA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.67
Year-over-Year Change
7.23%
Date Range
1/1/1950 - 1/1/2019
Summary
The Price Level of Exports for Portugal measures the price changes of goods and services exported from Portugal. This trend is important for understanding Portugal's international trade competitiveness and the impact of exchange rates on its export sector.
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 Portugal is an index that tracks the overall price changes of goods and services exported from Portugal. It is used by economists and policymakers to analyze the country's export competitiveness and the impact of exchange rate fluctuations on its trade balance.
Methodology
The data is collected by Portugal's national statistics agency through surveys of exporting firms.
Historical Context
This index is closely monitored by the Bank of Portugal and the European Central Bank for its implications on Portugal's economic growth and trade policy.
Key Facts
- The base year for the index is 2010.
- Portugal is a major exporter of machinery, vehicles, and agricultural products.
- Export prices are an important factor in Portugal's trade balance and economic performance.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Exports for Portugal measures the overall price changes of goods and services exported from the country.
Q: Why is this trend relevant for users or analysts?
A: This trend is important for understanding Portugal's export competitiveness and the impact of exchange rate fluctuations on its trade balance.
Q: How is this data collected or calculated?
A: The data is collected by Portugal's national statistics agency through surveys of exporting firms.
Q: How is this trend used in economic policy?
A: This index is closely monitored by the Bank of Portugal and the European Central Bank for its implications on Portugal's economic growth and trade policy.
Q: Are there update delays or limitations?
A: The data is published regularly by the national statistics agency, with typical update delays of 1-2 months.
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Citation
U.S. Federal Reserve, Price Level of Exports for Portugal (PLXCPPPTA670NRUG), retrieved from FRED.