Gross Domestic Product Price Index

Actual
2.5%
Previous
2.3%
Forecast
2.3%

The Gross Domestic Product (GDP) Price Index, released quarterly by the Bureau of Economic Analysis, measures the change in the prices of goods and services produced in the United States. The prices that Americans pay for imports aren’t included. Changes in the GDP price index are followed as an indicator of inflationary pressures, which may anticipate higher interest rates. A high reading is seen as bullish for the US Dollar (USD), while a low reading is seen as bearish.

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