Wednesday, November 10, 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 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.




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....


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                       



<< Home

This page is powered by Blogger. Isn't yours?