IWS Documented News INTERNATIONAL

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
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U.S. IMPORT AND EXPORT PRICE INDEXES - OCTOBER 2010 [10 November 2010]

http://www.bls.gov/news.release/ximpim.nr0.htm

or

http://www.bls.gov/news.release/pdf/ximpim.pdf

[full-text, 16 pages]

and

Supplemental Files Table of Contents

http://www.bls.gov/web/ximpim.supp.toc.htm

 

U.S. import prices rose 0.9 percent in October, the U.S. Bureau of Labor Statistics reported today, after

edging down 0.1 percent in September. Higher fuel and nonfuel prices contributed to the increase in

October. Export prices advanced for the third consecutive month in October, rising 0.8 percent.

 

Imports

 

All Imports: The price index for overall imports increased 0.9 percent in October, the largest monthly

advance for the index since a 1.1 percent advance in April. The October rise was also only the second one-

month upturn since the April increase. Despite the downward trend between May and September, import

prices rose 3.6 percent over the past 12 months.

 

Fuel Imports: A 3.0 percent advance in fuel prices in October accounted for approximately two thirds of

the increase in overall import prices. The October rise in fuel prices was the largest monthly advance since a

4.4 percent increase in January, and was driven by a 3.3 percent advance in petroleum prices, which more

than offset a 2.3 percent drop in the price index for natural gas. Fuel prices increased 7.9 percent for the year

ended in October, while petroleum and natural gas prices rose 7.6 percent and 9.5 percent, respectively, over

the same period.      

 

All Imports Excluding Fuel: Nonfuel prices rose 0.3 percent for the third consecutive month in October. 

Rising prices for nonfuel industrial supplies and materials and foods, feeds, and beverages led the advance,

while prices for finished goods were mixed. The price index for nonfuel imports increased 2.5 percent over

the past 12 months, driven by an 11.8 percent jump in the nonfuel industrial supplies and materials prices.  

 

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

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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                       
E-mail: smb6@cornell.edu                  
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