Economic News Release

U.S. Import and Export Price Indexes News Release


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                                    U.S. IMPORT AND EXPORT PRICE INDEXES
                                                - JUNE 2008 -

   The U.S. Import Price Index rose 2.6 percent in June, the Bureau of Labor Statistics of the U.S. 
Department of Labor reported today.  The increase followed a 2.6 percent advance in May and was led 
by a continuing rise in petroleum prices.  The price index for exports increased 1.0 percent in June after 
rising 0.4 percent in May.

                             Percent changes in import and export price indexes
                                             by End Use category
                                          - not seasonally adjusted -
 
Month IMPORTS EXPORTS
All
imports
Petroleum
imports
Non-
petroleum
imports
All
exports
Agri-
cultural
exports
Non-
agricultural
exports

2007

June

1.2 4.8 0.3 0.4 2.7 0.2

July

1.2 6.0 0.1 0.1 1.6 -0.1

August

-0.3 -1.5 0.0 0.2 1.0 0.1

September

0.6 3.1 -0.1 0.3 4.2 0.0

October

1.5 5.0 0.6 0.8 3.8 0.5

November

3.2 12.4 0.7 0.9 1.4 0.9

December

-0.2 -1.8 0.4 0.5 2.6 0.3

2008

January

1.5 4.2 0.7 1.2 4.8 0.8

February

0.2 -1.3 0.6 0.9 4.6 0.6

March

(r)3.1 (r)10.1 (r)1.1 1.6 (r)4.7 1.3

April

(r)2.8 (r)7.9 1.3 (r)0.4 (r)-2.0 0.7

May

(r)2.6 (r)8.9 (r)0.7 (r)0.4 (r)0.2 (r)0.3

June

2.6 7.4 0.9 1.0 2.2 0.9

June 2006 to 2007

2.3 1.2 2.8 4.3 18.2 3.2

June 2007 to 2008

20.5 78.6 7.3 8.6 33.0 6.4

Footnotes
(r) Revised


Import Goods
   
   June import prices rose 2.6 percent and were up 11.7 percent between February and June.  Import 
prices advanced 20.5 percent over the past year, which was the largest year-over-year rise since the index 
was first published in September 1982.  Higher petroleum prices continued to be the major contributor to 
the advance in overall import prices, increasing 7.4 percent in June after rising 8.9 percent, 7.9 percent, 
and 10.1 percent respectively, in the prior three months.  Petroleum prices rose 78.6 percent for the year 
ended in June, the largest 12-month advance since the index increased 82.5 percent between February 
2002 and February 2003.  
   
   Nonpetroleum prices also increased in June, rising 0.9 percent after advancing 0.7 percent in 
May and 1.3 percent in April.  The index was up 7.3 percent over the past year.  A 3.4 percent advance 
in the price index for nonpetroleum industrial supplies and materials led the June increase in 
nonpetroleum prices.  The June rise in nonpetroleum industrial supplies and materials prices followed a 
1.9 percent advance in May; the index rose 20.1 percent over the previous 12 months compared to an 8.0 
percent increase over the June 2006-2007 period.  Higher prices for natural gas, iron and steel products, 
and steelmaking materials were the largest contributors to the June advance.        

   Increases in the price indexes for foods, feeds, and beverages; consumer goods; and automotive 
vehicles also contributed to the June rise in nonpetroleum prices.  Foods, feeds, and beverage prices rose 
1.9 percent, led by higher prices for meats and seafood.  Prices for consumer goods advanced 0.2 percent 
and prices for automotive vehicles edged up 0.1 percent.  
   
   In contrast, the price index for capital goods ticked down 0.1 percent in June after rising 0.3 
percent the previous month.  Lower computer prices more than offset rising prices for capital goods 
excluding computers.  
 

Export Goods 

   Export prices increased 1.0 percent in June and 8.6 percent over the past year, the largest 12-
month increase since September 1988.  The price indexes for agricultural exports and nonagricultural 
exports each contributed to the overall increase in June export prices, moving up 2.2 percent and 0.9 
percent, respectively.  The increase in agricultural prices followed a 0.2 percent rise in May and was 
driven by higher prices for soybeans, corn, meat, and fruit which more than offset declines in wheat and 
vegetable prices.  Agricultural prices rose 33.0 percent over the June 2007-2008 period.  Nonagricultural 
prices also increased over the past 12 months, rising 6.4 percent.   
   
   The June advance in nonagricultural prices was led by a rise in prices for nonagricultural 
industrial supplies and materials which increased 2.1 percent in June after advancing 0.9 percent in May.  
The index rose 15.6 percent over the past year.  The June increase was primarily driven by rising fuel 
prices, although higher prices for inorganic chemicals and plastics also contributed to the advance.    
   
   Each of the major finished goods price indexes recorded increases in June.  The price index for 
export capital goods rose 0.3 percent in June following a 0.1 percent advance the previous month.  Prices 
for automotive vehicles and consumer goods prices each increased 0.1 percent in June after recording no 
change in May.


Imports by Locality of Origin 
	
   Prices of imports from China continued to trend upward in June, rising 0.6 percent for the month.  
Import prices from China increased 4.8 percent for the June 2007-2008 period, the largest 12-month 
increase for the index since first being published in December 2003.  In comparison, the index rose 0.7 
percent for the year ended in June 2007.
   
   Rising petroleum prices in June led to higher prices for imports from Canada, the European 
Union, and Mexico.  Each index also recorded the largest annual increase since first being published in 
December 1990 for Canada and the European Union, and December 2003 for Mexico.  Import prices 
from Canada increased 3.4 percent in June and 25.6 percent over the past year.  Prices of imports from 
the European Union rose 0.6 percent for the month and 9.6 percent for the year ended in June.  The price 
index for imports from Mexico advanced 2.1 percent in June and 21.6 percent over the past 12 months.  
   
   The price index for imports from Japan rose 0.2 percent in June after recording no change the 
previous month.
   
   
Import and Export Services

   Led by higher European and Asian fares, import air passenger fares increased 18.3 percent in 
June following a 1.3 percent rise in May.  Overall import air passenger fares moved up 18.7 percent for 
the year ended in June.  After rising 3.3 percent in May, export air passenger fares increased 6.2 percent 
in June, driven by rising European and Latin American-Caribbean fares.  The index rose 14.7 percent 
over the past 12 months.
	
   The price indexes for import air freight and export air freight each advanced in June, increasing 
1.1 percent and 2.9 percent, respectively.  Import air freight prices increased 17.5 percent over the past 
year; export air freight prices advanced 21.5 percent over the same period.
    

CONTENTS OF RELEASE

This news release includes the following tables:

Table 1    U.S. Import Price Indexes, by End Use
Table 2    U.S. Export Price Indexes, by End Use
Table 3    U.S. Import Price Indexes, by NAICS
Table 4    U.S. Export Price Indexes, by NAICS
Table 5    U.S. Import Price Indexes, by Harmonized System
Table 6    U.S. Export Price Indexes, by Harmonized System
Table 7    U.S. Import Price Indexes, by Locality of Origin
Table 8    U.S. International Price Indexes for Selected Transportation Services
-------------------------------------------------------------------
Import and Export Price Index data for July are scheduled for release on August 13 at 
8:30 A.M. (EDT)

Table 1. U.S. import price indexes and percent changes for selected categories of goods: June 2007 to June 2008 2000=100, unless otherwise noted
Description End
Use
Relative
import-
ance
May
2008(1)
Index Percent change
May
2008
June
2008
Annual Monthly
June
2007
to
June
2008
Feb.
2008
to
Mar.
2008
Mar.
2008
to
Apr.
2008
Apr.
2008
to
May
2008
May
2008
to
June
2008

All commodities

100.000 140.9 144.6 20.5 3.1 2.8 2.6 2.6

All imports excluding petroleum

74.330 113.9 114.9 7.3 1.1 1.3 0.7 0.9

All imports excluding fuels (Dec. 2001=100)

72.036 115.8 116.7 6.6 1.0 1.2 0.4 0.8

Foods, feeds, & beverages

0

4.208 145.3 148.0 15.8 2.9 1.3 1.1 1.9

Agricultural foods, feeds & beverages, excluding distilled beverages

00

3.285 162.7 165.6 18.7 3.1 1.6 1.8 1.8

Nonagricultural foods (fish, distilled beverages)

01

0.923 105.9 108.3 6.7 2.3 0.4 -1.2 2.3

Industrial supplies & materials

1

43.010 263.3 278.5 50.1 7.1 6.0 6.0 5.8

Industrial supplies & materials excluding petroleum

17.339 168.0 173.7 20.1 3.2 3.4 1.9 3.4

Industrial supplies & materials excluding fuels (Dec. 2001=100)

15.045 174.5 179.0 18.1 3.0 3.2 1.3 2.6

Industrial supplies & materials, durable

10.048 168.9 174.1 17.3 4.2 4.5 1.7 3.1

Industrial supplies & materials nondurable excluding petroleum

4.996 165.9 172.2 23.8 2.1 1.8 2.3 3.8

Fuels & lubricants

10

27.965 384.6 413.3 73.5 9.7 7.6 8.6 7.5

Petroleum & petroleum products

100

25.671 408.4 438.7 78.6 10.1 7.9 8.9 7.4

Crude

10000

19.226 429.1 458.0 86.2 10.0 8.3 8.7 6.7

Fuels, n.e.s.-coals & gas

101

2.026 243.9 266.2 49.0 6.3 6.1 7.0 9.1

Gas-natural

10110

1.878 242.9 266.9 52.8 6.7 6.7 7.6 9.9

Paper & paper base stocks

11

0.712 118.2 119.0 7.4 0.6 1.9 1.6 0.7

Materials associated with nondurable supplies & materials

12

4.350 149.4 152.1 21.3 0.8 0.7 0.4 1.8

Selected building materials

13

1.617 116.0 119.4 5.6 0.3 0.2 1.5 2.9

Unfinished metals related to durable goods

14

5.040 263.6 276.2 25.7 7.6 7.4 1.6 4.8

Finished metals related to durable goods

15

1.867 155.1 157.0 17.4 3.7 3.6 2.6 1.2

Nonmetals related to durable goods

16

1.459 107.3 107.2 5.5 -0.7 1.0 1.0 -0.1

Capital goods

2

19.599 93.3 93.2 2.1 0.2 0.9 0.3 -0.1

Electric generating equipment

20

2.527 111.7 112.3 6.2 0.6 2.1 0.1 0.5

Nonelectrical machinery

21

15.567 88.3 88.2 1.1 0.1 0.6 0.3 -0.1

Transportation equipment excluding motor vehicles (Dec. 2001=100)

22

1.505 117.6 117.7 6.0 0.0 1.8 0.2 0.1

Automotive vehicles, parts & engines

3

12.140 107.8 107.9 3.1 0.2 0.4 0.0 0.1

Consumer goods, excluding automotives

4

21.044 105.0 105.2 3.7 0.5 0.8 0.2 0.2

Nondurables, manufactured

40

9.710 108.0 108.0 3.5 0.7 0.4 0.1 0.0

Durables, manufactured

41

10.298 101.7 102.1 4.0 0.4 1.0 0.3 0.4

Nonmanufactured consumer goods

42

1.036 105.8 106.6 3.9 0.2 1.2 0.2 0.8

Footnotes
(1) Relative importance figures are based on 2006 trade values.

NOTES: Data may be revised in each of the three months after original publication.
Dash = Not available


Table 2. U.S. export price indexes and percent changes for selected categories of goods: June 2007 to June 2008 2000=100, unless otherwise noted
Description End
Use
Relative
import-
ance
May
2008(1)
Index Percent change
May
2008
June
2008
Annual Monthly
June
2007
to
June
2008
Feb.
2008
to
Mar.
2008
Mar.
2008
to
Apr.
2008
Apr.
2008
to
May
2008
May
2008
to
June
2008

All commodities

100.000 124.8 126.0 8.6 1.6 0.4 0.4 1.0

Agricultural commodities

9.987 190.9 195.1 33.0 4.7 -2.0 0.2 2.2

Nonagricultural commodities

90.013 120.0 121.1 6.4 1.3 0.7 0.3 0.9

Foods, feeds, & beverages

0

9.102 193.3 197.7 33.0 4.3 -2.1 0.3 2.3

Agricultural foods, feeds & beverages, excluding distilled beverages

00

8.428 198.9 203.9 35.0 4.5 -2.2 0.4 2.5

Nonagricultural foods (fish, distilled beverages)

01

0.674 144.8 144.9 12.8 2.5 -1.4 -1.0 0.1

Industrial supplies & materials

1

31.242 169.4 172.7 15.9 4.0 1.5 0.9 1.9

Industrial supplies & materials, durable

11.938 173.3 173.1 7.6 4.4 1.0 -0.7 -0.1

Industrial supplies & materials, nondurable

19.305 167.9 173.3 21.4 3.8 1.7 1.9 3.2

Agricultural industrial supplies & materials

10

1.559 157.1 158.0 22.8 5.8 -0.8 -0.6 0.6

Nonagricultural industrial supplies & materials

29.683 170.3 173.8 15.6 3.9 1.6 0.9 2.1

Fuels & lubricants

11

5.456 274.7 294.5 46.4 10.6 4.0 5.9 7.2

Nonagricultural supplies & materials excluding fuels & building materials

12

23.229 159.9 161.4 10.5 2.7 1.2 -0.1 0.9

Selected building materials

13

0.998 113.8 113.8 -0.1 0.4 -0.2 -0.2 0.0

Capital goods

2

38.441 101.6 101.9 2.3 -0.1 0.3 0.1 0.3

Electrical generating equipment

20

3.646 108.6 108.5 1.9 0.3 0.1 -0.1 -0.1

Nonelectrical machinery

21

27.151 93.9 94.3 1.5 -0.2 0.2 0.0 0.4

Transportation equipment excluding motor vehicles (Dec. 2001=100)

22

7.644 129.3 129.9 6.2 0.3 0.3 0.6 0.5

Automotive vehicles, parts & engines

3

9.493 107.5 107.6 1.4 0.1 0.4 0.0 0.1

Consumer goods, excluding automotives

4

11.722 108.1 108.2 2.3 0.6 0.1 0.0 0.1

Nondurables, manufactured

40

5.528 110.1 110.2 3.3 1.0 0.5 0.2 0.1

Durables, manufactured

41

5.206 105.0 105.0 1.3 -0.1 -0.3 -0.1 0.0

Footnotes
(1) Relative importance figures are based on 2006 trade values.

NOTES: Data may be revised in each of the three months after original publication.
Dash = Not available


Table 3. U.S. import price indexes and percent changes for selected categories of goods: June 2007 to June 2008 December 2005=100, unless otherwise noted
Description NAICS Relative
import-
ance
May
2008(1)
Index Percent change
May
2008
June
2008
Annual Monthly
June
2007
to
June
2008
Feb.
2008
to
Mar.
2008
Mar.
2008
to
Apr.
2008
Apr.
2008
to
May
2008
May
2008
to
June
2008

Nonmanufactured articles

23.687 187.9 200.5 74.7 8.8 7.8 7.9 6.7

Agriculture, forestry, fishing and hunting

11

1.580 136.6 140.6 25.1 6.1 0.7 2.2 2.9

Crop production

111

1.110 138.1 139.1 25.8 7.3 0.2 0.5 0.7

Mining

21

22.107 192.9 206.3 79.4 9.1 8.3 8.4 6.9

Mining (except oil and gas) (Dec. 2006=100)

212

0.364 123.5 123.1 20.1 1.0 12.5 -0.1 -0.3

Manufactured articles

75.645 113.9 115.4 9.2 1.6 1.3 1.1 1.3

Manufactured goods, part 1

31

9.057 108.8 109.4 5.5 0.7 0.5 0.4 0.6

Food manufacturing

311

2.302 126.9 129.7 17.0 2.6 1.0 1.5 2.2

Beverage and tobacco product manufacturing

312

0.747 105.6 106.0 3.2 -0.3 0.6 0.4 0.4

Textile mills

313

0.409 112.9 112.5 5.5 -0.9 1.3 1.1 -0.4

Textile product mills

314

0.686 102.4 101.6 1.0 0.3 0.7 0.1 -0.8

Apparel manufacturing

315

3.607 102.0 102.2 1.2 0.1 0.0 -0.4 0.2

Leather and allied product manufacturing

316

1.307 104.9 104.8 3.3 0.1 0.8 0.2 -0.1

Manufactured goods, part 2

32

17.672 130.3 135.1 23.3 3.9 1.9 3.3 3.7

Wood product manufacturing

321

1.007 93.2 96.5 4.6 0.6 0.3 2.4 3.5

Paper manufacturing

322

1.185 111.9 112.5 8.5 0.3 1.9 1.1 0.5

Petroleum and coal products manufacturing

324

5.242 176.4 193.7 62.4 13.1 6.2 10.0 9.8

Chemical manufacturing

325

7.598 123.9 125.1 13.2 1.2 0.1 0.6 1.0

Plastics and rubber products manufacturing

326

1.541 110.6 111.2 7.6 0.5 0.8 0.9 0.5

Nonmetallic mineral product manufacturing

327

1.009 111.9 112.4 6.5 0.1 -0.1 1.0 0.4

Manufactured goods, part 3

33

48.916 109.7 110.4 5.2 1.1 1.3 0.4 0.6

Primary metal manufacturing

331

5.841 179.5 186.6 23.2 8.1 5.2 1.6 4.0

Fabricated metal product manufacturing

332

2.395 117.8 119.5 10.3 0.6 1.7 0.9 1.4

Machinery manufacturing

333

6.123 110.7 110.8 4.9 0.5 1.6 0.3 0.1

Computer and electronic product manufacturing

334

12.756 94.0 93.5 -1.4 -0.1 0.4 0.1 -0.5

Electrical equipment, appliance, and component manufacturing

335

3.404 112.2 113.0 6.3 0.4 1.7 0.4 0.7

Transportation equipment manufacturing

336

12.825 104.6 104.8 3.5 0.2 0.6 -0.1 0.2

Furniture and related product manufacturing

337

1.356 109.1 109.6 8.2 1.8 2.5 0.6 0.5

Miscellaneous manufacturing

339

4.216 110.4 111.1 4.6 0.6 0.7 0.0 0.6

Footnotes
(1) Relative importance figures are based on 2006 trade values.

NOTES: Data may be revised in each of the three months after original publication.
Dash = Not available


Table 4. U.S. export price indexes and percent changes for selected categories of goods: June 2007 to June 2008 December 2005=100, unless otherwise noted
Description NAICS Relative
import-
ance
May
2008(1)
Index Percent change
May
2008
June
2008
Annual Monthly
June
2007
to
June
2008
Feb.
2008
to
Mar.
2008
Mar.
2008
to
Apr.
2008
Apr.
2008
to
May
2008
May
2008
to
June
2008

Nonmanufactured articles

7.300 156.9 160.6 38.8 4.9 -4.1 -0.4 2.4

Agriculture, forestry, fishing and hunting

11

5.820 176.2 180.4 46.2 5.0 -5.1 -1.7 2.4

Crop production

111

5.478 183.8 188.4 50.5 5.3 -5.2 -1.8 2.5

Mining

21

1.480 114.1 116.4 18.1 4.0 0.7 4.8 2.0

Mining (except oil and gas)

212

0.875 101.1 101.1 0.9 1.5 -2.4 1.4 0.0

Manufactured articles

89.733 112.0 113.2 7.1 1.1 0.9 0.4 1.1

Manufactured goods, part 1

31

6.807 123.5 125.1 13.8 2.4 1.6 1.4 1.3

Food manufacturing

311

4.522 139.3 141.6 21.1 3.4 2.2 2.1 1.7

Beverage and tobacco product manufacturing

312

0.488 106.4 106.4 3.9 1.1 0.9 -0.2 0.0

Apparel manufacturing

315

0.459 101.0 101.1 0.6 -0.1 0.0 0.0 0.1

Manufactured goods, part 2

32

23.266 123.9 127.2 15.4 2.6 1.6 1.4 2.7

Wood product manufacturing

321

0.511 111.8 111.8 1.0 0.3 -1.1 0.4 0.0

Paper manufacturing

322

1.896 115.0 115.3 5.4 0.1 1.1 -0.1 0.3

Petroleum and coal products manufacturing

324

3.778 181.2 198.3 58.5 14.2 4.7 6.5 9.4

Chemical manufacturing

325

14.105 119.8 121.8 11.5 1.1 1.2 0.7 1.7

Plastics and rubber products manufacturing

326

2.096 108.0 109.2 4.8 0.7 0.5 0.1 1.1

Nonmetallic mineral product manufacturing

327

0.794 108.5 108.8 2.0 -0.4 -0.1 0.0 0.3

Manufactured goods, part 3

33

59.659 106.7 107.1 3.4 0.5 0.6 0.0 0.4

Primary metal manufacturing

331

4.890 151.2 153.9 20.9 6.9 3.1 -0.5 1.8

Fabricated metal product manufacturing

332

2.635 115.5 116.2 3.2 0.1 0.3 0.3 0.6

Machinery manufacturing

333

11.682 109.3 109.4 4.2 0.4 0.8 0.2 0.1

Computer and electronic product manufacturing

334

16.246 95.4 96.1 -0.4 -0.5 -0.1 -0.2 0.7

Electrical equipment, appliance, and component manufacturing

335

3.526 106.6 106.3 2.1 0.4 -0.3 -0.1 -0.3

Transportation equipment manufacturing

336

16.076 106.6 106.7 2.5 0.1 0.3 0.2 0.1

Miscellaneous manufacturing

339

4.269 106.6 106.8 3.0 0.3 0.1 0.4 0.2

Footnotes
(1) Relative importance figures are based on 2006 trade values.

NOTES: Data may be revised in each of the three months after original publication.
Dash = Not available


Table 5. U.S. import price indexes and percent changes for selected categories of goods: June 2007 to June 2008 2000=100, unless otherwise noted
Description Harmo-
nized
system
Relative
import-
ance
May
2008(1)
Index Percent change
May
2008
June
2008
Annual Monthly
June
2007
to
June
2008
Feb.
2008
to
Mar.
2008
Mar.
2008
to
Apr.
2008
Apr.
2008
to
May
2008
May
2008
to
June
2008

Live animals; animal products

I

1.089 143.4 146.0 14.6 2.1 3.1 5.9 1.8

Meat and edible meat offal

02

0.237 159.7 164.4 12.0 1.7 0.7 4.2 2.9

Fish and crustaceans, molluscs and other aquatic invertebrates

03

0.508 104.2 106.9 6.7 3.4 1.8 -1.2 2.6

Vegetable products

II

1.259 157.1 159.9 23.7 3.8 3.4 0.6 1.8

Edible vegetables, roots, and tubers

07

0.305 208.2 202.6 15.6 4.4 5.4 -7.3 -2.7

Edible fruit and nuts; peel of citrus fruit or melons

08

0.371 107.2 113.9 25.3 -1.9 11.6 1.2 6.3

Coffee, tea, mate and spices

09

0.237 166.5 166.7 17.1 9.6 -4.1 -0.4 0.1

Prepared foodstuffs, beverages, and tobacco

IV

2.023 137.2 139.5 12.2 1.6 0.7 0.8 1.7

Preparations of cereals, flour, starch or milk; bakers' wares (Dec. 2007=100)

19

0.166 107.8 109.2 - 2.7 1.8 0.7 1.3

Preparations of vegetables, fruit, nuts, or other parts of plants

20

0.222 142.1 141.5 14.9 1.4 0.6 0.4 -0.4

Beverages, spirits, and vinegar

22

0.737 117.3 118.2 5.6 -0.4 1.6 0.1 0.8

Mineral products

V

27.633 380.3 408.3 74.5 9.6 8.0 8.5 7.4

Salt; sulfur; earths and stone; plaster materials, lime & cement (Dec.2007=100)

25

0.193 102.7 102.8 - 0.6 0.0 -0.1 0.1

Mineral fuels, oils and residuals, bituminous substances and mineral waxes

27

27.041 382.1 410.8 75.8 9.8 7.8 8.7 7.5

Products of the chemical or allied industries

VI

6.902 137.8 138.9 12.2 1.6 -0.2 0.4 0.8

Inorganic chemicals

28

0.907 255.5 253.3 14.2 3.0 -1.6 -1.0 -0.9

Organic chemicals

29

2.260 131.5 133.3 10.6 1.4 -2.4 0.2 1.4

Pharmaceutical products

30

2.103 114.3 114.2 6.1 0.9 1.0 0.8 -0.1

Tanning & dyeing extracts; dye & pigments; varnish & paints; putty

32

0.149 104.7 104.9 3.2 0.3 0.4 0.9 0.2

Essential oils and resinoids (Dec. 2001=100)

33

0.375 124.7 125.4 10.2 1.1 1.4 0.6 0.6

Miscellaneous chemical products

38

0.383 101.4 100.8 3.7 0.8 0.2 1.9 -0.6

Plastics and articles thereof; rubber and articles thereof

VII

2.625 131.7 133.0 9.3 0.2 1.1 0.8 1.0

Plastics and articles thereof

39

1.730 128.9 129.6 9.1 -0.1 1.4 0.4 0.5

Rubber and articles thereof

40

0.895 137.3 139.7 9.6 0.8 0.6 1.5 1.7

Raw hides, skins, leather, furskins, travel goods, etc

VIII

0.528 111.8 112.2 4.9 0.1 0.7 -0.3 0.4

Articles of leather; travel goods, bags, etc. of various materials

42

0.485 112.3 112.7 5.2 0.2 0.8 -0.4 0.4

Wood, wood charcoal, cork, straw, basketware and wickerwork

IX

1.042 114.0 118.5 4.4 0.5 0.3 2.2 3.9

Woodpulp, recovered paper, and paper products

X

1.328 116.0 116.4 7.8 0.1 1.6 0.9 0.3

Paper and paperboard; articles of paper pulp, paper or paperboard

48

0.918 112.1 112.6 8.5 0.0 2.4 1.3 0.4

Printed matter

49

0.231 118.5 118.6 2.6 0.1 -0.1 0.0 0.1

Textile and textile articles

XI

4.554 103.6 103.6 1.5 0.2 0.2 -0.2 0.0

Articles of apparel and clothing accessories, knitted or crocheted

61

1.645 100.5 101.0 0.6 0.0 -0.4 0.1 0.5

Articles of apparel and clothing accessories, not knitted or crocheted

62

1.794 102.2 102.2 1.0 0.2 0.3 -1.0 0.0

Made-up or worn textile articles

63

0.466 96.1 94.9 1.1 1.9 0.7 0.1 -1.2

Headgear, umbrellas, artifical flowers, etc.

XII

1.093 105.7 105.5 3.9 0.2 0.9 0.2 -0.2

Footwear and parts of such articles

64

0.915 104.6 104.4 3.1 0.2 1.1 0.3 -0.2

Stone, plaster, cement, asbestos, ceramics, glass etc.

XIII

0.865 115.3 115.9 5.0 0.2 0.2 0.1 0.5

Articles of stone, plaster, cement, asbestos, or mica (Dec. 2001=100)

68

0.307 107.1 108.3 5.5 0.1 0.4 0.1 1.1

Ceramic products

69

0.281 125.0 125.8 8.0 0.2 0.5 0.1 0.6

Glass and glassware

70

0.277 113.3 113.0 1.5 0.2 -0.4 0.1 -0.3

Pearls, stones, precious metals, imitation jewelry, and coins

XIV

2.624 155.5 157.7 18.7 4.5 1.2 -1.8 1.4

Base metals and articles of base metals

XV

6.913 200.6 206.9 17.1 4.4 6.4 3.0 3.1

Iron and steel

72

2.203 284.9 311.1 50.9 5.8 11.0 6.5 9.2

Articles of iron or steel

73

1.605 153.5 156.2 21.1 2.5 3.3 2.8 1.8

Copper and articles thereof

74

0.851 333.8 327.8 6.6 8.5 5.5 2.9 -1.8

Aluminum and articles thereof

76

0.982 158.1 155.8 6.1 5.8 5.7 -0.1 -1.5

Tools, implements, cutlery, spoons and forks, of base metal; parts thereof

82

0.330 114.3 115.2 6.8 0.4 0.6 0.1 0.8

Miscellaneous articles of base metal

83

0.409 128.1 129.7 3.9 0.4 0.4 0.5 1.2

Machinery, electrical equipment, TV image and sound recorders, parts, etc.

XVI

22.056 89.2 89.1 1.5 0.0 0.8 0.1 -0.1

Machinery and mechanical appliances; parts thereof

84

11.350 89.5 89.3 1.2 0.1 0.9 0.0 -0.2

Electrical machinery and equip, sound and TV recorders & reproducers, parts

85

10.706 89.0 88.9 1.6 -0.1 0.8 0.3 -0.1

Vehicles, aircraft, vessels and associated transport equipment

XVII

11.202 109.3 109.5 3.4 0.1 0.5 0.0 0.2

Motor vehicles and their parts

87

10.384 108.5 108.7 3.4 0.1 0.5 0.0 0.2

Aircraft, spacecraft, and parts thereof (Dec. 2002=100)

88

0.734 111.6 111.7 2.5 0.1 0.8 0.0 0.1

Optical, photo, measuring, medical & musical instruments; & timepieces

XVIII

2.618 101.6 101.5 2.1 0.3 1.2 0.5 -0.1

Optical, photographic, measuring and medical instruments

90

2.345 99.6 99.4 1.7 0.3 1.1 0.5 -0.2

Clocks and watches and parts thereof

91

0.205 121.4 121.5 4.7 1.4 1.0 0.3 0.1

Miscellaneous manufactured articles

XX

3.393 105.9 106.4 5.2 1.3 1.3 0.3 0.5

Furniture & stuffed furnishings; lamps & lighting fittings, nesoi; prefab bldgs

94

1.972 111.2 111.8 6.9 1.8 2.0 0.4 0.5

Toys, games and sports equipment; parts and accessories thereof

95

1.240 98.6 98.9 2.7 0.7 0.1 0.3 0.3

Miscellaneous manufactured articles

96

0.181 111.3 111.4 4.2 0.5 1.7 0.5 0.1

Footnotes
(1) Relative importance figures are based on 2006 trade values.

NOTES: Data may be revised in each of the three months after original publication.
Dash = Not available


Table 6. U.S. export price indexes and percent changes for selected categories of goods: June 2007 to June 2008 2000=100, unless otherwise noted
Description Harmo-
nized
system
Relative
import-
ance
May
2008(1)
Index Percent change
May
2008
June
2008
Annual Monthly
June
2007
to
June
2008
Feb.
2008
to
Mar.
2008
Mar.
2008
to
Apr.
2008
Apr.
2008
to
May
2008
May
2008
to
June
2008

Live animals; animal products

I

1.610 170.1 174.3 13.8 3.4 2.3 2.3 2.5

Meat & edible meat offal (Dec. 2006=100)

02

0.879 142.0 145.3 16.4 5.5 4.6 3.4 2.3

Fish and crustaceans, molluscs and other aquatic invertebrates

03

0.424 148.8 148.7 19.6 3.2 -1.5 -1.3 -0.1

Vegetable products

II

5.487 233.3 239.3 50.2 5.1 -4.2 -0.6 2.6

Edible fruit and nuts; peel of citrus fruit or melons

08

0.679 122.1 123.0 4.7 -0.7 1.0 -0.2 0.7

Cereals

10

2.565 292.3 293.6 63.8 6.5 -2.8 -4.0 0.4

Oilseeds and misc. grains, seeds, fruits, plants, straw and fodder

12

1.607 238.4 259.3 64.7 8.2 -10.9 2.0 8.8

Prepared foodstuffs, beverages,and tobacco

IV

2.344 135.1 136.3 13.1 1.3 0.4 0.0 0.9

Miscellaneous edible preparations

21

0.437 120.6 120.9 9.1 0.8 0.3 0.4 0.2

Residues and waste from the food industries; prepared animal feed

23

0.585 197.9 202.6 41.6 3.3 -0.2 0.2 2.4

Mineral products

V

5.553 333.1 355.7 46.1 11.1 3.5 5.6 6.8

Mineral fuels, oils and residuals, bituminous substances and mineral waxes

27

4.943 329.8 354.9 54.0 12.1 4.1 5.9 7.6

Products of the chemical or allied industries

VI

11.657 142.6 144.7 11.2 1.3 1.2 0.6 1.5

Inorganic chemicals

28

1.144 186.6 187.6 20.9 1.8 1.0 0.4 0.5

Organic chemicals

29

3.645 160.4 167.6 14.1 2.2 1.5 1.0 4.5

Pharmaceutical products

30

2.549 120.0 120.1 5.3 1.7 0.8 0.3 0.1

Tanning or dyeing extracts, dyes, paints, varnish, putty, & inks

32

0.539 116.4 116.0 0.8 0.5 -0.1 0.0 -0.3

Essential oils and resinoids; perfumery cosmetic or toilet preparations

33

0.658 121.6 121.4 3.8 0.9 1.4 -0.2 -0.2

Soap; lubricants; waxes, polishing or scouring products; candles, pastes

34

0.398 117.8 118.7 6.6 0.1 0.4 1.5 0.8

Miscellaneous chemical products

38

1.605 125.5 126.0 5.3 0.2 1.4 0.7 0.4

Plastics and articles thereof; rubber and articles thereof

VII

5.187 139.2 141.5 7.8 0.4 0.8 0.4 1.7

Plastics and articles thereof

39

4.205 134.9 136.9 7.7 0.3 0.8 0.4 1.5

Rubber and articles thereof

40

0.982 157.7 161.3 8.1 0.6 1.0 0.6 2.3

Raw hides, skins, leather, furskins, travel goods, etc.

VIII

0.398 118.7 119.2 -2.8 0.7 0.4 1.0 0.4

Wood, wood charcoal, cork, straw, basketware and wickerwork

IX

0.633 112.6 112.6 -0.8 0.4 -1.0 1.4 0.0

Woodpulp, recovered paper, and paper products

X

2.487 116.7 117.3 6.1 0.3 1.0 -1.0 0.5

Woodpulp and recovered paper

47

0.685 126.2 127.7 13.3 1.0 0.6 -2.8 1.2

Paper and paperboard; articles of paper pulp, paper or paperboard

48

1.284 112.2 112.5 4.0 0.0 1.5 -0.3 0.3

Printed material

49

0.519 120.9 121.2 3.1 0.5 0.0 -0.2 0.2

Textile and textile articles

XI

2.190 107.6 108.0 6.0 2.2 -0.7 -0.6 0.4

Cotton, including yarns and woven fabrics thereof

52

0.685 108.7 109.7 18.7 6.7 -2.9 -2.3 0.9

Stone, plaster, cement, asbestos, ceramics, glass etc.

XIII

0.779 110.8 111.3 1.1 -0.2 -0.4 -0.2 0.5

Glass and glassware

70

0.424 99.6 99.6 1.1 -0.1 0.4 0.0 0.0

Pearls, stones, precious metals, imitation jewelry, and coins

XIV

4.012 186.2 183.1 12.5 6.0 0.6 -2.2 -1.7

Base metals and articles of base metals

XV

5.981 180.3 181.8 7.4 4.0 1.9 0.6 0.8

Iron and steel

72

1.590 238.2 245.4 17.3 6.1 0.5 2.2 3.0

Articles of iron or steel

73

1.384 152.3 157.5 6.1 0.4 0.1 0.9 3.4

Copper and articles thereof

74

0.712 267.2 261.2 7.1 7.1 2.8 -1.6 -2.2

Aluminum and articles thereof

76

1.031 154.8 150.6 0.7 7.1 3.5 -0.5 -2.7

Tools, implements, cutlery, spoons and forks, of base metal; parts thereof

82

0.379 119.1 119.1 3.9 0.4 0.8 0.0 0.0

Miscellaneous articles of base metal

83

0.360 128.9 129.8 1.7 -1.1 0.1 0.5 0.7

Machinery, electrical equipment, TV image and sound recorders, parts, etc.

XVI

30.022 95.1 95.4 1.2 -0.1 0.1 -0.2 0.3

Machinery and mechanical appliances; parts thereof

84

16.742 104.1 104.0 1.3 0.0 0.4 0.1 -0.1

Electrical machinery and equipment and parts and accessories thereof

85

13.280 85.4 86.0 0.9 -0.3 -0.1 -0.6 0.7

Vehicles, aircraft, vessels and associated transport equipment

XVII

13.701 116.1 116.3 2.2 0.1 0.3 0.2 0.2

Motor vehicles and their parts

87

8.109 106.6 106.7 1.0 0.1 0.3 0.1 0.1

Optical, photo, measuring, medical & musical instruments; & timepieces

XVIII

5.963 106.7 106.7 3.3 0.2 0.4 0.2 0.0

Miscellaneous manufactured articles

XX

1.418 109.0 109.0 4.1 0.2 0.9 0.5 0.0

Furniture; stuffed furnishings; lamps and lighting fittings nesoi;

94

0.752 117.0 117.1 3.6 0.1 0.0 0.3 0.1

Toys, games and sports equipment; parts and accessories thereof

95

0.514 95.4 95.4 5.9 0.5 1.9 0.5 0.0

Footnotes
(1) Relative importance figures are based on 2006 trade values.

NOTES: Data may be revised in each of the three months after original publication.
Dash = Not available


Table 7. U.S. import price indexes and percent changes by locality of origin: June 2007 to June 2008 2000=100, unless otherwise noted
Description Percent
of
U.S.
imports(1)
Index Percent change
May
2008
June
2008
Annual Monthly
June
2007
to
June
2008
Feb.
2008
to
Mar.
2008
Mar.
2008
to
Apr.
2008
Apr.
2008
to
May
2008
May
2008
to
June
2008

Industrialized Countries(2)

42.888 137.0 139.4 16.5 2.4 2.7 1.9 1.8

Nonmanufactured articles

4.201 326.6 350.0 76.9 9.3 8.9 8.9 7.2

Manufactured articles

38.251 122.9 123.9 9.2 1.4 1.6 0.7 0.8

Other Countries(3)

57.112 141.2 145.1 23.0 3.1 2.9 2.9 2.8

Nonmanufactured articles

12.058 360.6 383.6 73.9 8.8 7.5 6.6 6.4

Manufactured articles

44.837 110.5 111.8 7.9 1.1 1.0 1.5 1.2

Canada

16.032 164.1 169.6 25.6 3.8 4.0 3.8 3.4

Nonmanufactured articles

3.711 324.7 348.0 77.6 10.2 8.9 8.9 7.2

Manufactured articles

12.028 133.0 135.1 9.2 1.2 1.8 1.4 1.6

European Union(4)

17.355 132.5 133.3 9.6 1.6 1.6 0.5 0.6

Nonmanufactured articles

0.249 349.3 367.5 56.6 8.4 8.0 0.0 5.2

Manufactured articles

16.987 129.1 129.7 8.8 1.5 1.5 0.5 0.5

France (Dec. 2003=100)

1.844 118.9 119.3 11.1 1.1 2.6 0.3 0.3

Germany (Dec. 2003=100)

4.732 113.1 112.8 4.8 0.5 1.2 0.2 -0.3

United Kingdom (Dec. 2003=100)

2.684 138.8 140.7 16.8 3.3 1.2 0.7 1.4

Latin America(5)

18.032 184.9 190.3 30.1 4.1 4.2 3.4 2.9

Nonmanufactured articles

5.151 366.0 387.4 72.2 8.2 7.5 6.1 5.8

Manufactured articles

12.786 145.2 146.7 11.6 1.8 2.3 1.9 1.0

Mexico (Dec. 2003=100)

10.710 150.3 153.5 21.6 3.3 2.7 2.8 2.1

Pacific Rim (Dec. 2003=100)(6)

33.822 102.3 102.7 4.2 0.5 0.7 0.6 0.4

China (Dec. 2003=100)

15.926 102.2 102.8 4.8 0.6 0.4 0.7 0.6

Japan

8.032 94.9 95.1 1.2 0.0 0.3 0.0 0.2

Asian NICs(7)

5.887 91.0 91.0 2.8 0.1 1.5 0.6 0.0

ASEAN (Dec. 2003=100)(8)

6.041 102.5 103.2 7.4 0.8 0.3 1.5 0.7

Asia Near East (Dec. 2003=100)(9)

3.928 285.1 299.8 57.4 7.9 5.7 4.3 5.2

Footnotes
(1) Percentage of trade figures are based on 2006 trade values.
(2) Includes Western Europe, Canada, Japan, Australia, New Zealand and South Africa.
(3) Includes Eastern Europe, Latin America, OPEC countries, and other countries in Asia, Africa and the Western Hemisphere.
(4) Includes European Union countries.
(5) Includes Mexico, Central America, South America and the Caribbean.
(6) Includes China, Japan, Australia, Brunei, Indonesia, Macao, Malaysia, New Zealand, Papua New Guinea, Philippines and Asian Newly Industrialized Countries.
(7) Asian Newly Industrialized Countries. Includes Hong Kong, Singapore, South Korea and Taiwan.
(8) Association of Southeast Asian Nations. Includes Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam.
(9) Includes Bahrain, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, Syria, United Arab Emirates and Yemen.

NOTES: Data may be revised in each of the three months after original publication.
Regions are not mutually exclusive.
Dash = Not available


Table 8. U.S. international price indexes and percent changes for selected transportation services: June 2007 to June 2008 2000=100, unless otherwise noted
Description Relative
import-
ance
May
2008(1)
Index Percent change
May
2008
June
2008
Annual Monthly
June
2007
to
June
2008
Feb.
2008
to
Mar.
2008
Mar.
2008
to
Apr.
2008
Apr.
2008
to
May
2008
May
2008
to
June
2008

Air Freight

Import Air Freight

100.000 153.7 155.4 17.5 1.1 4.2 2.2 1.1

Europe (Dec. 2003=100)

31.037 170.9 170.5 29.2 0.4 9.6 3.8 -0.2

Asia

61.042 128.7 129.5 13.0 1.8 2.1 1.7 0.6

Export Air Freight

100.000 138.2 142.2 21.5 0.3 2.6 2.1 2.9

Europe (Dec. 2006=100)

43.060 131.7 137.1 36.6 0.2 2.8 3.7 4.1

Inbound Air Freight

100.000 147.9 149.6 17.5 0.9 3.4 1.6 1.1

Europe (Dec. 2003=100)

32.194 161.3 163.2 28.1 0.3 7.4 2.6 1.2

Asia

56.255 122.1 123.2 13.1 1.4 1.7 1.3 0.9

Outbound Air Freight

100.000 135.5 141.4 23.7 1.4 2.2 2.9 4.4

Europe (Dec. 2003=100)

41.524 153.8 159.9 23.5 0.8 3.2 2.1 4.0

Asia

40.835 121.4 127.7 22.3 2.1 1.4 3.5 5.2

Air Passenger Fares

Import Air Passenger Fares

100.000 145.0 171.6 18.7 0.2 9.1 1.3 18.3

Europe

44.077 146.8 186.5 21.2 0.3 17.3 0.5 27.0

Asia

24.591 123.7 149.5 10.3 0.3 3.0 2.7 20.9

Latin America/Caribbean

13.389 141.5 147.4 27.1 1.2 4.3 4.4 4.2

Export Air Passenger Fares

100.000 159.2 169.0 14.7 2.4 -1.5 3.3 6.2

Europe

30.157 193.4 222.3 23.4 1.5 5.0 3.5 14.9

Asia

34.612 133.6 131.0 12.3 2.9 -2.7 3.1 -1.9

Latin America/Caribbean

19.993 160.2 169.6 3.5 1.3 -1.2 4.4 5.9

Footnotes
(1) Relative importance figures for Air Passenger Fares Indexes are based on 2006 trade values, while the relative importance figures for the Air Freight Indexes are based on 2005 trade values.

NOTES: Data may be revised in each of the three months after original publication.
Dash = Not available



                                             TECHNICAL NOTE


Import and Export Merchandise and Services Price Indexes -- All indexes use a modified Laspeyres 
formula and are not seasonally adjusted.  Price indexes for merchandise goods are reweighted annually, 
with a two-year lag in the weights.  Published series use a base year of 2000=100 where possible.  More 
detailed index series and additional information may be obtained at http://www.bls.gov/mxp, or by 
calling (202) 691-7101.

Merchandise Goods Classification Systems -- The merchandise price indexes are published using 
three classification systems.  Items are classified by end use according to the Bureau of Economic 
Analysis Classification System, by industry according to the North American Industry Classification 
System (NAICS), and by product category according to the Harmonized System (HS).  While 
classification by end use and product category are self-explanatory, some notes are in order for 
classifying items by industry.  In the NAICS imports and exports tables, items are classified by output 
industry, not input industry.  As an example, NAICS import index 326 (plastics and rubber products 
manufacturing) include outputs such as manufactured plastic rather than inputs such as petroleum.  The 
NAICS classification structure also matches the classification system used by the PPI (Producer Price 
Index) to produce the NAICS primary products indexes.

Import Price Indexes -- Products have been classified by the Harmonized Tariff Schedule of the United 
States Annotated (TSUSA).  Import prices are based on U.S. dollar prices paid by the U.S. importer.  
The prices are generally either "free on board" (f.o.b.) foreign port or "cost, insurance, and freight" 
(c.i.f.) U.S. port transaction prices, depending on the practices of the individual industry.  The index for 
crude petroleum is calculated from data collected by the U.S. Department of Energy.  

Export Price Indexes -- Products have been classified by the Harmonized Schedule B classification 
system of the U.S. Bureau of the Census.  The prices used are generally either "free alongside ship" 
(f.a.s.) factory or "free on board" (f.o.b.) transaction prices, depending on the practices of the individual 
industry.  Prices used in the grain index, excluding rice, are obtained from the U.S. Department of 
Agriculture.

Services Price Indexes -- The Import Air Passenger Fares Indexes are calculated from data obtained 
from a commercial airline reservation system.  These data exclude frequent flyer tickets and those sold 
by consolidators.  The Export Air Passenger Fares Indexes are calculated from data collected directly 
from airlines.  These data include frequent flyer tickets and those sold by consolidators.  Taxes and fees 
are excluded from both the Import and Export Air Passenger Fares Indexes.  The Air Freight Indexes are 
calculated from data collected directly from companies.  These data exclude mail and passenger 
baggage.  The scope of the service being priced is the movement of freight from airport to airport only, 
and does not include any ground transportation or port service.  The Air Freight Indexes are presented 
using two definitions: Balance of Payments (which represent transactions between U.S. and foreign 
residents) and International (which represent transactions inbound to and outbound from the U.S.).  Fact 
sheets specifying detailed information for each services industry are available at http://www.bls.gov/mxp 
under "Publications and Other Documentation."

Import Indexes by Locality of Origin -- Prices used in these indexes are a subset of the data collected 
for the Import Price Indexes.  Beginning with January 2002, the indexes are defined by locality of origin 
using a nomenclature based upon the North American Industry Classification System (NAICS).  
Nonmanufactured goods are defined as NAICS 11 and 21 and manufactured goods are defined as 
NAICS 31-33. 
 
Revision Policy -- To reflect the availability of late reports and corrections by respondents, monthly data 
may be revised in each of the three months after original publication.  After three months, no further data 
revisions take place.  So, for example, data released in the January release will be subject to revision in 
the releases for February, March, and April.

Uses of the Data -- The primary use of the indexes is to deflate trade statistics, notably the foreign trade 
sector of the National Income and Product Accounts constructed by the Department of Commerce.  
Other published indexes are useful for general market analysis.  For trade in international services, 
Balance of Payments indexes are used for deflating National Income and Product Accounts, while 
International indexes are more appropriate for market analysis.  Merchandise and services indexes also 
can be used to study U.S. competitiveness and to compute price elasticities, and the merchandise import 
indexes by country or region of origin are useful in terms of trade analysis.

E-Mail Subscription -- The IPP news release is available through an e-mail subscription service at 
(http://www.bls.gov/mxp) or (http://www.bls.gov/bls/newsrels.htm).
 
Additional Information -- More detailed IPP data are available on the IPP home page at 
(http://www.bls.gov/mxp).  Flat Files and the FTP server are available for users requiring access to 
either a large volume of time series data or other IPP-related documentation. The FTP site can be 
accessed at ftp://ftp.bls.gov.   For technical assistance in using the BLS Internet site, send e-mail to 
(labstat.helpdesk@bls.gov).  For IPP data requests, send e-mail to (mxpinfo@bls.gov). 

Information from this release will be made available to sensory impaired individuals upon request.  
Voice phone: 202-691-5200; Federal Relay Service: 1-800-877-8339.



Last Modified Date: July 11, 2008
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