Import Price Index by Origin (NAICS): Agriculture, Forestry, Fishing and Hunting for Latin America
COLATZ11 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
155.00
Year-over-Year Change
17.07%
Date Range
6/1/2012 - 6/1/2025
Summary
The Import Price Index by Origin (NAICS): Agriculture, Forestry, Fishing and Hunting for Latin America measures changes in the prices of imported goods from that region within those industries. It provides insights into 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 prices paid by U.S. importers for goods from Latin America in the agriculture, forestry, fishing, and hunting sectors. It is a key economic indicator used by policymakers, analysts, and businesses to monitor trends in international trade and input costs.
Methodology
The data is collected through surveys of U.S. importers and calculated using a Laspeyres formula.
Historical Context
This index informs trade policies, tariff decisions, and business planning around commodity inputs.
Key Facts
- Covers over 1,000 import items from Latin America.
- Base year is 2000 = 100.
- Published monthly by the U.S. Bureau of Labor Statistics.
FAQs
Q: What does this economic trend measure?
A: This index measures changes in the prices paid by U.S. importers for goods from Latin America in the agriculture, forestry, fishing, and hunting sectors.
Q: Why is this trend relevant for users or analysts?
A: The Import Price Index provides important insights into trade dynamics, input costs, and inflationary pressures, informing business planning and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. importers and calculated using a Laspeyres formula.
Q: How is this trend used in economic policy?
A: This index informs trade policies, tariff decisions, and business planning around commodity inputs from Latin America.
Q: Are there update delays or limitations?
A: The index is published monthly by the U.S. Bureau of Labor Statistics with minimal delay.
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Citation
U.S. Federal Reserve, Import Price Index by Origin (NAICS): Agriculture, Forestry, Fishing and Hunting for Latin America (COLATZ11), retrieved from FRED.