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Earl Gregg Swem Library

The Impact of the European Debt Crisis on U.S. Import Prices

Categories: European Union,Financial Crisis/Markets,Foreign Trade/Investment,Greece,Prices/Inflation,Spain,Statistics

http://www.bls.gov/opub/focus/volume1_number11/ipp_1_11.htm

Although the value of the Euro has fallen by 18% compared to the dollar due to deficit problems in countries like Greece and Spain, prices of products imported into the U.S. from Europe have not fallen in a comparable fashion.   This paper looks at exchange rates and other factors which may be affecting prices.  From the Bureau of Labor Statistics