Import Price Index by Origin (NAICS): Manufacturing, Part 1 for Association of Southeast Asian Nations
COASEANZ31 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
113.10
Year-over-Year Change
6.40%
Date Range
6/1/2012 - 6/1/2025
Summary
The Import Price Index by Origin (NAICS): Manufacturing, Part 1 for Association of Southeast Asian Nations measures changes in the prices of imported manufactured goods from the ASEAN region. This metric is crucial for understanding global trade dynamics and inflationary pressures.
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
This index tracks the price movements of manufactured goods imported into the United States from the Association of Southeast Asian Nations (ASEAN) countries. It is a valuable tool for economists and policymakers to assess the competitiveness of U.S. industries and the impact of international trade on domestic inflation.
Methodology
The data is collected through a survey of U.S. importers and calculated by the U.S. Bureau of Labor Statistics.
Historical Context
The Import Price Index is used by the Federal Reserve and other government agencies to inform monetary and trade policies.
Key Facts
- The index has a base year of 2000.
- ASEAN is the third-largest trading partner for the U.S.
- Imports from ASEAN account for over 10% of total U.S. imports.
FAQs
Q: What does this economic trend measure?
A: This index measures changes in the prices of manufactured goods imported into the United States from the Association of Southeast Asian Nations (ASEAN) countries.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for understanding global trade dynamics and inflationary pressures, as it provides insights into the competitiveness of U.S. industries and the impact of international trade on domestic prices.
Q: How is this data collected or calculated?
A: The data is collected through a survey of U.S. importers and calculated by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Import Price Index is used by the Federal Reserve and other government agencies to inform monetary and trade policies.
Q: Are there update delays or limitations?
A: The data is typically published on a monthly basis, with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Import Price Index by Origin (NAICS): Manufacturing, Part 1 for Association of Southeast Asian Nations (COASEANZ31), retrieved from FRED.