Price Level of Exports for Sweden
PLXCPPSEA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.68
Year-over-Year Change
7.11%
Date Range
1/1/1950 - 1/1/2019
Summary
The Price Level of Exports for Sweden measures the change in prices of goods and services exported from Sweden over time. This metric is closely watched by economists and policymakers to assess Sweden's international competitiveness and trade dynamics.
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 Sweden is an index that tracks the overall change in prices of products and services exported from Sweden to other countries. It provides insight into Sweden's export pricing and can indicate shifts in the country's international trade position and exchange rate movements.
Methodology
The data is collected and calculated by Sweden's national statistical agency based on a representative basket of export goods and services.
Historical Context
Policymakers use this index to monitor Sweden's export-driven economic performance and make informed trade and monetary policy decisions.
Key Facts
- The base year for the Price Level of Exports index is 2015 = 100.
- Sweden is a major exporter of machinery, vehicles, pharmaceuticals, and wood products.
- Export prices can impact Sweden's trade balance and exchange rate dynamics.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Exports for Sweden measures changes in the overall prices of goods and services exported from Sweden over time.
Q: Why is this trend relevant for users or analysts?
A: This index provides insight into Sweden's international trade competitiveness and is closely watched by economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Sweden's national statistical agency based on a representative basket of export products and services.
Q: How is this trend used in economic policy?
A: Policymakers use this index to monitor Sweden's export-driven economic performance and make informed trade and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule by the statistical agency with minimal delays.
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Citation
U.S. Federal Reserve, Price Level of Exports for Sweden (PLXCPPSEA670NRUG), retrieved from FRED.