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Import Prices YoY

Name: Import Prices YoY
Creator: TipRanks

The 'Import Prices YoY' in the USA measures the annual percentage change in the prices of imported goods and services. It is a key indicator of inflationary pressures from abroad, affecting consumer prices and purchasing power. This metric is important for economic policy as it influences decisions on interest rates and trade policies. In financial markets, unexpected changes in import prices can lead to adjustments in currency valuations and stock market volatility.