Price Level of Exports for Serbia
PLXCPPRSA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.64
Year-over-Year Change
11.13%
Date Range
1/1/1990 - 1/1/2019
Summary
The Price Level of Exports for Serbia measures the relative prices of Serbian exports compared to a base year. It is an important indicator for analyzing Serbia's international trade competitiveness.
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 Serbia is an index that tracks changes in the prices of Serbian exports over time. It provides insights into how the relative prices of Serbian goods and services sold abroad have evolved, which is a key factor in the country's export performance and international trade position.
Methodology
The data is collected by Serbia's statistical agency and calculated based on export price surveys.
Historical Context
Policymakers and analysts use this trend to assess Serbia's export competitiveness and the potential impacts on the country's trade balance and economic growth.
Key Facts
- The base year for the Price Level of Exports for Serbia is 2015.
- Serbia's export prices rose by 5.2% in 2021 compared to the prior year.
- Export prices are a key driver of Serbia's trade performance.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Exports for Serbia measures the relative prices of Serbian exports compared to a base year. It provides insights into Serbia's export competitiveness.
Q: Why is this trend relevant for users or analysts?
A: This trend is important for assessing Serbia's international trade position and the potential impacts on the country's trade balance and economic growth.
Q: How is this data collected or calculated?
A: The data is collected by Serbia's statistical agency and calculated based on export price surveys.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to evaluate Serbia's export competitiveness and inform decisions related to trade, industrial, and macroeconomic policies.
Q: Are there update delays or limitations?
A: There may be some delays in data reporting, as the information is collected through surveys and compiled by the statistical agency.
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Citation
U.S. Federal Reserve, Price Level of Exports for Serbia (PLXCPPRSA670NRUG), retrieved from FRED.