Wednesday, September 15, 2010


IWS Documented News Service
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor----------------------
Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau




[full-text, 16 pages]


Supplemental Files Table of Contents



U.S. import prices increased 0.6 percent in August, the U.S. Bureau of Labor Statistics reported today, after

rising 0.1 percent the previous month. Higher fuel and nonfuel prices contributed to the overall advance.

Export prices rose 0.8 percent in August after declining 0.2 percent in July and 0.7 percent in June.





All Imports: Import prices increased for the second consecutive month in August, rising 0.6 percent

following a comparatively modest 0.1 percent advance in July. The price index for overall imports rose 4.1

percent for the year ended in August, the smallest 12-month advance since a 3.4 percent rise for the

November 2008-09 period.


Fuel Imports: Approximately 58 percent of the overall increase in import prices in August was attributable

to a 1.7 percent advance in fuel prices. The August increase in fuel prices followed a 1.0 percent rise the

previous month and was led by a 2.1 percent increase in petroleum prices which more than offset a 3.5

percent decline in natural gas prices. Prices for fuel rose 9.1 percent over the past 12 months; an 8.5 percent

increase in petroleum prices and a 25.0 percent jump in natural gas prices each contributed to the overall



All Imports Excluding Fuel: The price index for nonfuel prices also rose in August, increasing 0.3 percent

following decreases of 0.2 percent in July and 0.5 percent in June. The August increase was primarily driven

by higher prices for finished goods and food, feeds, and beverages. Nonfuel prices advanced 2.9 percent

over the past year. In contrast to the August increase, the annual advance was led by rising nonfuel

industrial supplies and materials prices, up 13.0 percent for the August 2009-10 period.  


AND MUCH MORE...including TABLES....


This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.

Stuart Basefsky                   
Director, IWS News Bureau                
Institute for Workplace Studies 
Cornell/ILR School                        
16 E. 34th Street, 4th Floor             
New York, NY 10016                        
Telephone: (607) 255-2703                
Fax: (607) 255-9641                       



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