National Accounts: GDP by Expenditure: Current Prices: Less: Imports of Goods and Services for Israel
Annual
ISRIMPORTADSMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
507,552,323,100.00
Year-over-Year Change
76.41%
Date Range
1/1/1995 - 1/1/2022
Summary
The Annual Import Price Index tracks changes in the prices of goods and services imported into the United States over time. This metric is a key indicator of domestic inflation 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
The Annual Import Price Index measures the average change in prices paid for a basket of imported goods and services by U.S. residents. It is used by economists and policymakers to assess the impact of import prices on overall consumer prices and the trade balance.
Methodology
The data is collected through surveys of U.S. importers and calculated by the U.S. Bureau of Labor Statistics.
Historical Context
The Import Price Index is closely monitored by the Federal Reserve and other institutions for its implications on monetary and trade policy.
Key Facts
- The index is published monthly by the U.S. Bureau of Labor Statistics.
- Import prices can impact domestic inflation through pass-through effects.
- Fluctuations in the index reflect changes in global supply and demand.
FAQs
Q: What does this economic trend measure?
A: The Annual Import Price Index measures the average change in prices paid for goods and services imported into the United States over a 12-month period.
Q: Why is this trend relevant for users or analysts?
A: The Import Price Index is a key indicator of international trade dynamics and domestic inflation pressures, making it relevant for economists, policymakers, and market analysts.
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: The Import Price Index is closely monitored by the Federal Reserve and other institutions for its implications on monetary and trade policy decisions.
Q: Are there update delays or limitations?
A: The index is published monthly, with a typical release lag of around two weeks.
Related Trends
Balance of Payments: Financial Account: Net (Assets Minus Liabilities) for Israel
ISRB6FATT01CXCUQ
Infra-Annual Labor Statistics: Unemployment Rate Male: From 15 to 74 Years for Israel
LRUN74MAILQ156N
Producer Prices Index: Economic Activities: Manufacturing: Domestic for Israel
ISRPPDMAINMEI
Balance of Payments: Services: Expenditure for Israel
ISRB6DBSE02STSAQ
Deposit Money Bank Assets to GDP for Israel
DDDI02ILA156NWDB
Gross Domestic Product for Israel
MKTGDPILA646NWDB
Citation
U.S. Federal Reserve, Annual Import Price Index (ISRIMPORTADSMEI), retrieved from FRED.