IPP introduces additional Locality of Origin import price indexes.
The article presents a report on the trends in the Locality of Origin (LOO) import price indexes, introduced by the International Price Program (IPP) of the U.S. Bureau of Labor Statistics. The motivation for producing price indexes by geographic region of origin is twofold. First, the types of prod...
| Published in: | Monthly Labor Review Vol. 128; no. 12; pp. 36 - 44 |
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| Main Authors: | , |
| Format: | Report |
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US Department of Labor
Dec2005
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| Subjects: | |
| Online Access: | View this record in EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=20935473&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 20935473 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00981818 MLR jtl: Monthly Labor Review issn: 00981818 maglogo: N pubinfo: dt: Dec2005 vid: 128 iid: 12 pid: 1929 pub: US Department of Labor artinfo: ui: 20935473 ppf: 36 ppct: 8 formats: fmt: – @attributes: type: T – @attributes: type: P size: 3.6MB tig: atl: IPP introduces additional Locality of Origin import price indexes. aug: au: McCulley, Helen Schwartz, Melissa affil: Mathematical statistician, International Price Program, Bureau of Labor Statistics su: United States United States. Bureau of Labor Statistics Economic indicators Prices Price indexes Imports Industrial statistics U.S. dollar Commercial products sug: subj: Economic indicators Prices United States United States. Bureau of Labor Statistics Commodity Contracts Dealing Commodity Contracts Brokerage Administration of General Economic Programs Price indexes Imports Industrial statistics U.S. dollar Commercial products ab: The article presents a report on the trends in the Locality of Origin (LOO) import price indexes, introduced by the International Price Program (IPP) of the U.S. Bureau of Labor Statistics. The motivation for producing price indexes by geographic region of origin is twofold. First, the types of products being traded differ across localities; therefore, price indexes across localities should exhibit different trends that could not otherwise be observed from the world goods price indexes. Second, the U.S. dollar's fluctuation against foreign currencies has an impact on internationally traded products. The addition of newly-published LOO import price indexes to data offered by the IPP enhances the set of price indexes available to measure different aspects of inflation in merchandise markets. In 2004, price indexes for imports from Mexico, Great Britain, and the Asia Near East have trended with world petroleum prices, while the indexes for China, the Pacific Rim, France, Germany, and the Association of Southeast Asian Nations have been comparatively flat. pubtype: Academic Journal doctype: Report src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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