import price index

What are some uses of Export and Import Price Indexes?

Terms of trade is the ratio of a country's export price index to its import price index, multiplied by 100.

U.S. Import Price Index:

The Import Price Index of the Bureau of Labor Statistics shows that prices of imported toys and various other electronic goods fell last month.

The conventional import price index, they estimate, overstates the price of imports by about 1.2 percent a year, because it does not take the higher value of variety into account.

Imported Price Indices (IPIs) are a series of economic indicators that measure change in the prices of goods and raw materials imported into the UK.

The import price index, which measures the cost of goods and raw materials from abroad, fell 0.1 percent last month after declining a revised 1.5 percent in July, the Labor Department said.

Fundamental changes have been made to the classification of the PPI Trade surveys, Import Price indices (IPI) and Export Price Indices (EPI).

This refers to the relative prices of goods and services traded on international markets, specifically the weighted average of a nation's exports relative to its import prices, as indicated by the ratio of the export price index to the import price index, measured relative to a base year.

In 1973 Japan's import price index was at essentially the same level as in 1955, partly because of the appreciation of the yen after 1971, which reduced the yen price of imports, but also because of the reduced costs of ocean shipping and stable prices for food and raw materials.

In 2005, the IPP expanded its output of import price indexes based on locality of origin to include France, Germany, the United Kingdom, the Pacific Rim, the Association of South East Asian Nations (ASEAN), and the Asia Near East.