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The Import Price Index m/m is an economic indicator that measures the change in the prices of imported goods and services over a particular month, compared to the previous month. It is an important indicator of inflation and the health of international trade.
Import Price Index m/m is important for several reasons: It reflects the cost of imported goods and services: The Import Price Index m/m is a measure of the prices paid for imported goods and services, and can therefore give an indication of the overall cost of imported goods for consumers, businesses, and governments. It impacts inflation: Changes in the Import Price Index m/m can impact inflation, as higher import prices can lead to higher prices for consumers, which can have a knock-on effect on the wider economy. It provides insight into the health of international trade: The Import Price Index m/m can provide information on the competitiveness of domestic producers and the overall health of international trade. If the index is high, it can indicate that domestic producers are struggling to compete with imports, which can have implications for domestic industry and employment.
ADP Employment Change NEXT:2-Oct-2024 |
Average Hourly Earnings NEXT:4-Oct-2024 |
Average Weekly Hours NEXT:4-Oct-2024 |
Budget Balance NEXT:10-Oct-2024 |
Building Permits NEXT:18-Sep-2024 |
Business Inventories / Sales Ratio NEXT:17-Sep-2024 |
Business Inventories m/m NEXT:17-Sep-2024 |
Business Inventories y/y NEXT:17-Sep-2024 |
Business Sales m/m NEXT:17-Sep-2024 |
Business Sales y/y NEXT:17-Sep-2024 |
Capacity Utilization Rate m/m NEXT:17-Sep-2024 |
Capital Account Balance NEXT:19-Sep-2024 |
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