Titan FX

MoM Change in Import Price Index in the US

Country:
USDUnited States
Importance:
Data Trends
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DateValue
ForecastActualDeviation
Market Impact of Economic Indicator Releases
To understand the market impact of economic indicator releases, this metric represents the relative price change over a specific period following the release.
Formula: (Close price N minutes after the release - Open price at the time of the release) / Open price at the time of the release
DateRelated Instruments Price Volatility
1 min later5 min later10 min later15 min later30 min later
About MoM Change in Import Price Index in the US

The month-on-month Import Price Index measures the change in the prices of goods and services imported into the United States compared to the previous month. This data is released monthly by the Bureau of Labor Statistics (BLS) of the U.S. Department of Labor and is important for evaluating trends in import prices.

Month-on-month data helps to understand how import prices have fluctuated over a short period. If prices are rising, import costs are increasing, potentially leading to higher inflationary pressures. Conversely, if prices are falling, import costs are decreasing, potentially reducing inflationary pressures.

This data serves as a reference for policymakers to assess inflation trends and formulate appropriate economic policies. Additionally, it is a valuable source of information for businesses and investors to understand import price trends and make economic forecasts.

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