Import export price index definition

  • The import and export price indices are published monthly by the US Department of Labor’s, Bureau of Labor Statistics. The Import Price Index measures price changes in manufactured products, as well as price changes in agricultural and mineral goods bought by the US, while the Export Price Index measures price changes in those goods sold abroad. These indices are a good indicator of currency value and market strength, as they track the rise and fall of internationally traded goods, which occur as a result of movements in the value of the dollar and in the global market of various products. Institute for Supply.