The Export Price Index (EPI) tracks changes in the price which firms receive for products they export.
Increases in the EPI are typically due to strong foreign demand or higher internal costs within the exporter’s country.
Generally, only increases caused by strong foreign demand are beneficial. However, the overall effect of such increases is debatable.
Famous quotes containing the words export and/or prices:
“The rumor of a great city goes out beyond its borders, to all the latitudes of the known earth. The city becomes an emblem in remote minds; apart from the tangible export of goods and men, it exerts its cultural instrumentality in a thousand phases.”
—In New York City, U.S. public relief program (1935-1943)
“United Fruit... United Thieves Company... it’s a monopoly ... if you won’t take their prices they let your limes rot on the wharf; it’s a monopoly. You boys are working for a bunch of thieves, but I know it ain’t your fault.”
—John Dos Passos (1896–1970)