Import Price Index by Origin (NAICS): Manufacturing, Part 1 for European Union
COEECZ31 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
129.10
Year-over-Year Change
-0.92%
Date Range
6/1/2012 - 7/1/2025
Summary
The Import Price Index by Origin (NAICS): Manufacturing, Part 1 for European Union measures changes in the prices of imported goods from the European Union by U.S. manufacturers. This provides insights into 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
This index tracks the prices of imported goods purchased by U.S. manufacturers from European Union sources. It serves as an important indicator of input costs, global supply chain conditions, and international competitiveness for the U.S. manufacturing sector.
Methodology
The data is collected through surveys of U.S. businesses and calculated by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists use this index to assess the impact of international trade and exchange rates on the U.S. manufacturing industry.
Key Facts
- The index is published monthly by the U.S. Bureau of Labor Statistics.
- It covers approximately 85% of all manufactured goods imported into the U.S.
- The base year for the index is 2012 = 100.
FAQs
Q: What does this economic trend measure?
A: The Import Price Index by Origin (NAICS): Manufacturing, Part 1 for European Union measures changes in the prices of imported goods from the European Union purchased by U.S. manufacturers.
Q: Why is this trend relevant for users or analysts?
A: This index provides insights into inflationary pressures, global supply chain conditions, and the international competitiveness of the U.S. manufacturing sector.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses and calculated by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this index to assess the impact of international trade and exchange rates on the U.S. manufacturing industry.
Q: Are there update delays or limitations?
A: The index is published monthly with a typical release lag of about two weeks.
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Citation
U.S. Federal Reserve, Import Price Index by Origin (NAICS): Manufacturing, Part 1 for European Union (COEECZ31), retrieved from FRED.