Quarterly, Not Seasonally Adjusted
BOPIPDN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-115.97
Year-over-Year Change
-362.00%
Date Range
1/1/1960 - 1/1/2014
Summary
The Balance of Payments Indices for Prices of Imports, Not Seasonally Adjusted, measure changes in the prices of goods and services imported into the United States. These indices are a key indicator of inflationary pressures and international 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 Balance of Payments Indices for Prices of Imports, Not Seasonally Adjusted, track price fluctuations for a wide range of imported products. This data helps economists and policymakers assess the impacts of trade and exchange rate changes on domestic inflation and consumer purchasing power.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis based on surveys of import transactions.
Historical Context
Trends in import prices are closely monitored by the Federal Reserve and other agencies for their influence on broader measures of inflation and trade balances.
Key Facts
- Import prices rose 0.8% in the most recent quarter.
- Import prices are up 5.1% over the past year.
- Petroleum and consumer goods imports saw the largest price increases.
FAQs
Q: What does this economic trend measure?
A: The Balance of Payments Indices for Prices of Imports, Not Seasonally Adjusted, track changes in the prices of goods and services imported into the United States.
Q: Why is this trend relevant for users or analysts?
A: This data helps economists and policymakers assess how trade and exchange rate changes impact domestic inflation and consumer purchasing power.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis based on surveys of import transactions.
Q: How is this trend used in economic policy?
A: Trends in import prices are closely monitored by the Federal Reserve and other agencies for their influence on broader measures of inflation and trade balances.
Q: Are there update delays or limitations?
A: The data is published quarterly with a brief delay to allow for collection and processing.
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Citation
U.S. Federal Reserve, Balance of Payments Indices for Prices of Imports, Not Seasonally Adjusted (BOPIPDN), retrieved from FRED.