Friday, October 14, 2011
[IWS] BLS: U.S. IMPORT AND EXPORT PRICE INDEXES - SEPTEMBER 2011 [14 October 2011]
IWS Documented News Service
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
U.S. IMPORT AND EXPORT PRICE INDEXES - SEPTEMBER 2011 [14 October 2011]
[full-text, 16 pages]
Supplemental Files Table of Contents
U.S. import prices rose 0.3 percent in September, the U.S. Bureau of Labor Statistics reported today. Over
the past five months, import prices have shown little net change. Export prices increased 0.4 percent in
September after advancing 0.5 percent the previous month.
All Imports: Import prices advanced 0.3 percent in September after falling 0.2 percent the previous month.
Overall, import prices have not changed by more than 0.6 percent in any month since rising 2.6 percent in
April. Higher prices for both fuel and nonfuel imports contributed to the September advance. The price
index for overall imports increased 13.4 percent over the past 12 months, led by a sharp rise in fuel prices. A
5.5 percent advance in nonfuel prices also contributed to the overall increase.
Fuel Imports: Fuel prices ticked up 0.1 percent in September, but declined in three of the past five months,
falling 4.1 percent over that period. Despite the recent decreases, fuel prices rose 43.4 percent for the year
ended in September. For September, import petroleum prices advanced 0.3 percent after falling 1.6 percent
in August. Petroleum prices increased 45.9 percent over the past 12 months. Natural gas prices declined 4.8
percent in September, yet rose 9.2 percent for the September 2010-11 period.
All Imports Excluding Fuel: Prices for nonfuel imports increased 0.2 percent in September. Rising nonfuel
industrial supplies and materials prices were the largest contributor to the higher nonfuel prices, although
foods, feeds, and beverages prices and prices for each of the major finished goods categories all recorded
increases for the month. The price index for nonfuel imports rose 5.5 percent over the past year. The largest
previous year-over-year advance was 6.1 percent for the year ended September 2008.
AND MUCH MORE...including TABLES....
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