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PCE Deflator, (Personal Consumption Expenditure ... - Morningbull

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useful in determining whether a change in import volume has actually sprung from a higher<br />

foreign demand or from a real increase in prices for foreign goods.<br />

The US is a net importer nation, where imports a significant part of the nation's GDP. Accordingly,<br />

a major price swing in foreign goods can have significant impact on the US inflation.<br />

The headline figure is the percentage change in the index from either the previous month or for<br />

the year. Import Price Index Excluding Petroleum gives a better overall assessment to the import<br />

price change in the United States since petroleum price is highly volatile.<br />

Relevance: Rarely affects markets<br />

Release schedule : 8:30 AM (EST); monthly, released monthly around the middle of the month<br />

Revisions schedule : Monthly revision to the previous three months<br />

Source of report : Bureau of Economic Analysis, Department of Commerce (U.S.)<br />

Web Address : http://www.bls.gov<br />

Address of release : http://www.bls.gov/mxp/home.htm#publications<br />

AKA : Import/Export Price Index, Import Price Index Excluding Petroleum<br />

Export Price Index - United States<br />

Tracks price changes of U.S. export goods. The figure is used to determine whether a change in<br />

the headline Export figure is representative of an increase of goods sold to foreign nations or just<br />

an increase in the price of export goods. United States exports account for approximately a tenth<br />

of the nation's GDP. The headline figure is the percentage change in the index from either the<br />

previous month or year.<br />

Relevance: Rarely affects markets<br />

Release schedule : 8:30 AM (EST); monthly, released monthly around the middle of the month<br />

Revisions schedule : Monthly revision to the previous three months<br />

Source of report : Bureau of Economic Analysis, Department of Commerce (U.S.)<br />

Web Address : http://www.bls.gov<br />

Address of release : http://www.bls.gov/mxp/home.htm#publications<br />

AKA : Import/Export Price Index

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