Real effective exchange rate – percentage changes, 42 trading partners
Editore
Descrizione
The real[HTML_REMOVED]effective exchange rate (REER) – 42 trading partners – aims at assessing a country's price or cost competitiveness relative to its principal competitors in international markets. Changes in cost and price competitiveness depend not only on exchange rate movements but also on cost and price trends. The specific REER for the Macroeconomic Imbalances Procedure is deflated by the consumer price indices relative to a panel of 42 countries (double export weights are used to calculate REERs, reflecting not only competition in the home markets of the various competitors, but also competition in export markets elsewhere). A positive value means real appreciation. The data are presented as 3-year[HTML_REMOVED]% change, and 1-year % change. The MIP scoreboard indicator is the percentage change over three years of REER based on consumer price index deflators relative to 42 trading partners. The formula is: [[(REER_HICP_42)t - (REER_HICP_42)t-3] / (REER_HICP_42)t-3]*100 The indicative thresholds are +/-5% for euro area and +/-11% for non-euro area countries. Data source: Directorate General for Economic and Financial Affairs (DG ECFIN)
Settori Eurovoc
Risorse
Documentazione
- ESMS metadata (Euro-SDMX Metadata structure) HTML Dati provvisori
- ESMS metadata (Euro-SDMX Metadata structure) SDMX Dati provvisori
- More information on Eurostat Website Dati provvisori
- Identificatore
- tipser10
- Pagina principale
- http://ec.europa.eu/eurostat/web/products-datasets/-/tipser10
- Tipo di set di dati
- Statistico
- Data della modifica
- 2022-07-05
- Copertura temporale dal
- 1995-01-01
- Copertura temporale fino al
- 2021-01-01
Contatti
Eurostat, the statistical office of the European Union
Joseph Bech building, 5 Rue Alphonse Weicker, L-2721 Luxembourg
Tel: +352430136789