Gross domestic product (GDP) price index
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Gross domestic product (GDP) price index
Measures the prices paid for goods and services produced by the U.S. economy and is derived from the prices of
personal consumption expenditures (PCE)
,
gross private domestic investment
,
net exports of goods and services
, and
government consumption expenditures and gross investment
. It differs from the
gross domestic purchases price index
in that it ignores price changes in
imports of goods and services
and includes price changes in
exports of goods and services
.
Source:
U.S. Bureau of Economic Analysis
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