BLS Information

Frequently Asked Questions (FAQs)

Question: What are some uses of Export and Import Price Indexes?

Answer: The primary use for the International Price Program's import and export price indexes is to deflate various foreign trade and growth statistics produced by the U.S. government. Other uses include measuring inflation, as an input to fiscal and monetary policy, forecasting future prices, performing elasticity studies, deriving terms of trade indexes, analyzing exchange rates, negotiating trade contracts, and analyzing import prices by locality of origin.

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