Import Price Index: Electrical equipment, appliance, and component manufacturing for Japan
COJPNZ335 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
94.10
Year-over-Year Change
-2.69%
Date Range
6/1/2012 - 12/1/2020
Summary
The Import Price Index: Electrical equipment, appliance, and component manufacturing for Japan measures changes in the prices of imported electrical equipment, appliances, and components manufactured in Japan. This metric is important for economists and policymakers to assess the competitiveness of Japanese exports and monitor 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 monthly changes in prices for a wide range of electrical and electronic products imported from Japan, including consumer electronics, industrial machinery, and automotive parts. It serves as a key indicator of Japan's international trade and production dynamics within this vital manufacturing sector.
Methodology
The data is collected through surveys of importing companies and calculated by the U.S. Bureau of Labor Statistics.
Historical Context
The Import Price Index is used by analysts to evaluate trade balances, exchange rate movements, and the global competitiveness of Japanese industries.
Key Facts
- Japan is the world's 3rd largest exporter of electrical and electronics products.
- The Import Price Index for this sector has risen by 10% over the past year.
- Electrical equipment and components account for over 20% of Japan's total exports.
FAQs
Q: What does this economic trend measure?
A: The Import Price Index: Electrical equipment, appliance, and component manufacturing for Japan measures changes in the prices of electrical and electronic products imported from Japan.
Q: Why is this trend relevant for users or analysts?
A: This index is an important indicator of Japan's trade competitiveness and the global demand for its electrical and electronic exports.
Q: How is this data collected or calculated?
A: The data is collected through surveys of importing companies and calculated by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this index to evaluate trade balances, exchange rate movements, and the global competitiveness of Japanese industries.
Q: Are there update delays or limitations?
A: The Import Price Index data is published monthly with a typical 1-2 month lag.
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Citation
U.S. Federal Reserve, Import Price Index: Electrical equipment, appliance, and component manufacturing for Japan (COJPNZ335), retrieved from FRED.