Import price index

Import price index total market

2nd Quarter 2022
120.2
Gone up +6.7 % vs. 1st Quarter 2022

Import price index Euro area

2nd Quarter 2022
117.9
Gone up +6.3 % vs. 1st Quarter 2022

Import price index Non-Euro area

2nd Quarter 2022
123.3
Gone up +7.1 % vs. 1st Quarter 2022

Description

The import price index measures the average price trends for goods imported from abroad. The price measurement relates to the import price. It includes the foreign ex works price, the trade margin, and the insurance and transport costs between the production site abroad and the border to the country of importation, but does not contain import duties (turnover tax on imports, customs duties, currency adjustment amounts).

The import price index is an important instrument for measuring inflation imported from foreign markets and thus represents a key indicator for estimating the influences of prices from abroad on domestic inflation trends. In addition to general economic and business cycle analysis, the import price index is used by many market participants as a guide when monitoring the market. In addition, an import price index is used to deflate the external balance of goods and services in National Accounts.

Graphs, Tables, Maps

Highlights

Import price index total market % changes on the previous quarter and year from 2022 (Table)

S: STATISTICS AUSTRIA, Import price index. Created on 12 August 2022. – The index level of the last published period is preliminary.

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