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 - NOVEMBER 2010 [10 December 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 increased 1.3 percent in November, the U.S. Bureau of Labor Statistics reported today,

following a 1.0 percent advance the previous month. Rising prices for fuel and nonfuel imports contributed

to both the November and October increases. Prices for U.S. exports also rose in November, increasing 1.5

percent after advancing 0.8 percent in October.

Imports

All Imports: Import prices advanced 1.3 percent in November following a 1.0 percent increase in October. 

The November rise was the largest monthly advance since a 1.5 percent increase in November 2009 and

marked the first time since May and June 2009 that import prices rose by at least 1.0 percent in consecutive

months. The price index for overall imports increased 3.7 percent over the past 12 months, similar to the

year-over-year increases recorded in each of the three previous months.

Fuel Imports: Fuel prices rose 3.7 percent in November after advancing 3.8 percent the previous month. The

November increase was driven by a 4.1 percent rise in petroleum prices, which more than offset a 3.8 percent

drop in natural gas prices. The price index for fuels advanced 6.3 percent for the year ended in November,

led by a 7.4 percent increase in petroleum prices. In contrast, prices for natural gas declined 15.2 percent

over the past year.      

All Imports Excluding Fuel: Prices for nonfuel imports rose 0.8 percent following 0.3 percent advances in

each of the three previous months. The November increase was the largest one-month advance for the index

since a 1.1 percent rise in April 2008.  Higher prices for nonfuel industrial supplies and materials were the

largest factor for the overall increase in nonfuel prices; however, increasing finished goods and food prices

also contributed to the November advance. Nonfuel import prices increased 3.0 percent for the November

2009-2010 period.  

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

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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.

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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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