November 13, 2012
The price index for U.S. imports rose 0.5 percent in October, following increases of 1.1 percent in September and 1.2 percent in August. Higher fuel and nonfuel prices each contributed to the October advance. U.S. export prices were unchanged in October after increasing 0.8 percent in September.
|Month||1-month percent change||12-month percent change|
Import fuel prices increased 1.2 percent in October following advances of 4.5 percent in September and 6.1 percent in August. Prior to August, fuel prices had trended down overall in 2012.
The price index for nonfuel imports advanced 0.3 percent in October following a 0.2-percent rise the previous month.
Export prices recorded no change in October as rising nonagricultural prices were offset by a downturn in prices for agricultural exports.
These data are from the International Price program. Import and export price data are subject to revision. To learn more, see “U.S. Import and Export Price Indexes — October 2012” (HTML) (PDF), news release USDL-12-2205.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Import and export prices, October 2012 on the Internet at http://www.bls.gov/opub/ted/2012/ted_20121113.htm (visited October 02, 2014).
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