Import Price Index by Origin (NAICS): Fabricated Metal Product Manufacturing for European Union
COEECZ332 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
108.40
Year-over-Year Change
6.38%
Date Range
6/1/2012 - 6/1/2025
Summary
The Import Price Index by Origin (NAICS): Fabricated Metal Product Manufacturing for European Union measures changes in the prices of imported fabricated metal products from the European Union. This data point is closely watched by economists and policymakers to assess international trade dynamics and manufacturing competitiveness.
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 monthly change in import prices for a range of fabricated metal products, including machinery, equipment, and hardware, imported from the European Union. It provides insight into cost pressures and pricing power in the global manufacturing supply chain.
Methodology
The data is collected through surveys of U.S. importers and calculated by the U.S. Bureau of Labor Statistics.
Historical Context
This index is a key input for analysis of international trade, inflation, and industrial production.
Key Facts
- Covers over 600 imported fabricated metal products
- Base year is 2012=100
- Data available monthly since 1981
FAQs
Q: What does this economic trend measure?
A: The Import Price Index by Origin (NAICS): Fabricated Metal Product Manufacturing for European Union measures changes in the prices of fabricated metal products imported to the U.S. from the European Union.
Q: Why is this trend relevant for users or analysts?
A: This index provides important insight into international trade dynamics, cost pressures in manufacturing, and the competitiveness of European Union exporters in the U.S. market.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. importers and calculated by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This index is a key input for policymakers and analysts assessing trade, inflation, and industrial production trends.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Import Price Index by Origin (NAICS): Fabricated Metal Product Manufacturing for European Union (COEECZ332), retrieved from FRED.