Real effective exchange rate - 42 trading partners

  • Provider: Eurostat
  • Source URL: http://epp.eurostat.ec.europa.eu/tgm/table.do?pcode=...
  • Catalog: Monthly from May. 2017 to Apr. 2018
  • Localized to: English
  • Tags: .
  • Description:

    The REER (or Relative price and cost indicators) aim to assess a country's (or currency area'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 indicator is deflated by the price index (total economy) against a panel of 42 countries (= EU28 + 14 other industrial countries: Australia, Canada, United States, Japan, Norway, New Zealand, Mexico, Switzerland, Turkey, Russia, China, Brazil, South Korea and Hong Kong). 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 rise in the index means a loss of competitiveness. Data source: Directorate General for Economic and Financial Affairs (DG ECFIN). Data are non-seasonal adjusted.

  • Dimensions

    • Unit of measure
      • Index, 2005=100
      • Index, 2010=100
    • Geopolitical entity (reporting)
      • Austria
      • Belgium
      • Bulgaria
      • Croatia
      • Cyprus
      • Czech Republic
      • Denmark
      • Estonia
      • Euro area (17 countries)
      • Euro area (18 countries)
      • Euro area (19 countries)
      • European Union (27 countries)
      • European Union (28 countries)
      • European Union (current composition)
      • Finland
      • France
      • Germany (until 1990 former territory of the FRG)
      • Greece
      • Hungary
      • Ireland
      • Italy
      • Japan
      • Latvia
      • Lithuania
      • Luxembourg
      • Malta
      • Netherlands
      • Norway
      • Poland
      • Portugal
      • Romania
      • Slovakia
      • Slovenia
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Kingdom
      • United States
    • Exchange rate
      • Real effective exchange rate (deflator: consumer price index - 42 trading partners - industrial countries )