Technical Information Jim Thomas (202) 606-7155 USDL-97-172 Bill Alterman (202) 606-7108 For release: 10:00 A.M. E.D.T. Media contact: Wednesday, May 21, 1997 Kathryn Hoyle (202) 606-5902 Internet Address: http://stats.bls.gov/ipphome.htm U.S. IMPORT AND EXPORT PRICE INDEXES -APRIL 1997- The U.S. Import Price Index decreased 0.9 percent in April, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. The monthly decline was the fourth in a row with both petroleum and nonpetroleum import prices contributing to the April drop. The U.S. Export Price Index declined 0.6 percent in April, led by falling agricultural export prices. Percent changes in import and export price indexes by End Use category - not seasonally adjusted - IMPORTS EXPORTS Month Non- Agri- Nonagri- All Petroleum petroleum All cultural cultural Imports Imports Imports Exports Exports Exports 1996 April 0.9 8.5 -0.1 0.6 4.8 0.0 May -0.7 -3.7 -0.3 0.4 3.1 -0.1 June -1.1 -5.8 -0.4 -0.2 -2.2 0.1 July -0.1 1.9 -0.4 -0.5 -1.9 -0.2 August 0.1 2.2 -0.1 -0.2 -0.2 -0.2 September 1.2 7.5 0.4 -0.8 -7.3 0.2 October 0.5 7.1 -0.3 -0.2 -2.6 0.0 November -0.2 -0.8 -0.1 -0.4 -2.3 0.0 December 0.3 2.0 0.1 0.0 -0.9 0.1 1997 January -0.3 0.6 -0.4 0.1 0.1 0.0 February -0.9 r -7.7 r -0.1 r 0.2 2.1 r 0.0 March -1.2 r -9.6 r -0.3 0.0 1.4 -0.1 April -0.9 -3.8 -0.6 -0.6 -6.7 0.1 April 1995- 96 1.6 16.2 0.0 1.2 21.9 -1.3 April 1996-97 -3.2 -11.2 -2.5 -2.2 -16.5 -0.1 r = revised to reflect late reports and corrections by respondents. Import Goods The April decline continued a downward trend, with import prices falling 3.2 percent over the past 12 months. For the third consecutive month, declining petroleum prices led the decrease, falling 3.8 percent in April after a 16.5 percent decline over the previous two months. Also contributing to the decline for all imports were nonpetroleum prices, down 0.6 percent in April, its largest monthly dip since December 1992 and the fourth monthly decline in a row. Over the past 12 months, the nonpetroleum index was down 2.5 percent. Import prices for capital goods had the largest impact on the price index for nonpetroleum imports, declining 1.1 percent in April. Over the past twelve months, the index was down 5.7 percent following a 1.8 percent decline for the April 1995-96 period. Import prices for industrial supplies and materials excluding petroleum also continued a recent downturn, declining 0.6 percent last month after a 1.3 percent drop in March. The index for foods, feeds, and beverages fell 1.6 percent in April, a turnaround from the 3.0 and 1.9 percent gains posted over the previous two months. Import prices for automotive vehicles, parts, and engines dipped 0.2 percent last month after edging up 0.1 percent in March. The price index for consumer goods was unchanged in April after dropping 0.6 percent in March. Export Goods The April decrease in export prices reversed the 0.3 percent advance recorded over the previous four months. The index dropped 2.2 percent over the past year. Agricultural export prices fell 6.7 percent in April, after posting gains of 1.4 percent in March and 2.1 percent in February. The large turnaround was attributable to falling prices for grains and oilseeds as soybeans dropped 19.6 percent, corn declined 19.3 percent, and wheat fell 13.9 percent after gains of 5.3, 1.8, and 2.7 percent respectively in March. In contrast, nonagricultural export prices edged up 0.1 percent in April, continuing a pattern of little or no movement over the past seven months. The index for nonagricultural industrial supplies and materials recorded a 0.2 percent gain in April, after no change in March. The indexes for all the finished goods areas either rose slightly or were unchanged in April. The index for capital goods, which accounts for nearly one-half of U.S. exports, was unchanged. Capital goods prices have declined 0.5 percent over the past year. Export prices for automotive vehicles, parts, and engines were up 0.3 percent in April after rising 0.2 percent the previous month, while consumer goods prices inched up 0.1 percent last month. Imports by Locality of Origin The index for import prices from Japan continued its downward trend, falling 1.0 percent in April. (See table 7.) Import prices from Japan have declined for eight consecutive months and were down 5.5 percent over the past year. The index for imports from Canada fell 0.3 percent in April, after falling 1.4 percent in March and 1.7 percent in February. For the April 1996-97 period, import prices from Canada were down 2.1 percent. Import prices from the European Union also fell 0.3 last month, after decreasing in each of the previous two months. For the year ended in April, the index was down 1.2 percent. In contrast, import prices from the Asian Newly Industrialized countries gained a modest 0.1 percent in April. Despite the increase, the index fell 2.7 percent over the past 12 months. CONTENTS OF RELEASE This news release includes the following tables: Table 1 Import Price Indexes, by End Use.....page 4 Table 2 Export Price Indexes, by End Use.....page 5 Table 3 Import Price Indexes, by SITC.....pages 6-7 Table 4 Export Price Indexes, by SITC.....pages 8-9 Table 5 Import Price Indexes, by Harmonized System.....pages 10-11 Table 6 Export Price Indexes, by Harmonized System.....pages 12-13 Table 7 Import Price Indexes, by Locality of Origin.....page 14 Table 8 U.S. Import and Export Price Indexes for Services.....page 15 Table 9 U.S. International Price Indexes for Services.....page 16 ------------------------------------------------------------------- Import and Export Price Index data for May are scheduled for release on June 19 at 10:00 a.m. (EDT). Table 1 U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods, April 1996-April 1997 1995=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance April Dec. Jan. Feb. March END Description 1996 1996 1997 1997 1997 USE March March April to to to to to 1997 1997 1997 April Jan. Feb. March April 1/ 2/ 1997 1997 1997 1997 1997 ALL COMMODITIES 100.000 99.5 98.6 -3.2 -0.3 -0.9 -1.2 -0.9 ALL IMPORTS EXCLUDING PETROLEUM 91.120 97.9 97.3 -2.5 -0.4 -0.1 -0.3 -0.6 0 FOODS, FEEDS, & BEVERAGES 4.781 101.5 99.9 -0.6 -0.1 1.9 3.0 -1.6 00 Agricultural foods, feeds & beverages, excluding distilled beverages 3.498 102.0 99.4 -2.3 0.0 2.1 4.4 -2.5 01 Nonagricultural foods (fish, distilled beverages) 1.283 100.1 100.9 3.4 -0.5 1.1 0.0 0.8 1 INDUSTRIAL SUPPLIES & MATERIALS 27.228 103.3 101.6 -5.2 0.8 -2.9 -4.2 -1.6 INDUSTRIAL SUPPLIES & MATERIALS EXCLUDING PETROLEUM 18.348 98.4 97.8 -2.2 1.0 -0.1 -1.3 -0.6 INDUSTRIAL SUPPLIES & MATERIALS, DURABLE 9.715 99.7 99.6 0.9 0.2 0.8 1.0 -0.1 INDUSTRIAL SUPPLIES & MATERIALS, NONDURABLE EXCLUDING PETROLEUM 8.633 96.8 95.7 -5.5 2.0 -1.2 -3.9 -1.1 10 Fuels & lubricants 10.042 113.8 109.0 -10.8 2.5 -7.3 -11.5 -4.2 100 Petroleum & petroleum products 8.881 113.1 108.8 -11.2 0.6 -7.7 -9.6 -3.8 10000 Crude 7.041 113.0 109.1 -11.8 0.9 -7.9 -10.2 -3.5 11 Paper & paper base stocks 1.705 79.8 80.2 -17.1 -1.7 -0.6 1.0 0.5 12 Materials associated with nondurable supplies & materials 5.969 96.9 96.4 -2.1 -0.6 -0.1 0.0 -0.5 13 Selected building materials 2.201 114.7 113.7 12.6 0.6 2.7 0.6 -0.9 14 Unfinished metals associated with durable goods 4.411 95.5 95.8 -1.1 0.5 0.8 2.0 0.3 15 Finished metals associated with durable goods 1.426 97.2 97.2 -2.1 -0.7 -0.2 -0.5 0.0 16 Nonmetals associated with durable goods 1.475 96.7 96.6 -4.3 -0.4 -0.6 -0.6 -0.1 2 CAPITAL GOODS 28.878 93.7 92.7 -5.7 -1.8 -0.5 -0.2 -1.1 20 Electric & electrical generating equipment 3.314 97.8 97.6 -2.5 -0.2 -0.4 -0.6 -0.2 21 Nonelectrical machinery 23.921 91.9 90.8 -7.1 -1.9 -0.5 -0.3 -1.2 3 AUTOMOTIVE VEHICLES, PARTS & ENGINES 17.394 100.8 100.6 0.0 -0.1 0.0 0.1 -0.2 4 CONSUMER GOODS, EXCLUDING AUTOMOTIVES 21.719 99.6 99.6 -0.9 -0.1 0.2 -0.6 0.0 40 Nondurables, manufactured 10.646 100.5 100.9 0.1 0.1 0.0 -0.1 0.4 41 Durables, manufactured 10.001 98.5 98.4 -1.9 -0.3 -0.3 -0.5 -0.1 42 Nonmanufactured consumer goods 1.072 100.4 98.9 -1.7 0.4 6.5 -7.0 -1.5 1 Relative importance figures are based on n.a. Not available 1995 trade values. 2 Data for January, February and March 1997 have been revised to reflect the availability of late reports and corrections by respondents. All data are subject to revision in each of the three months after original publication. NOTE: Published categories may include price data not shown separately Table 2 U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods, April 1996-April 1997 1995=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance April Dec. Jan. Feb. March END Description 1996 1996 1997 1997 1997 USE March March April to to to to to 1997 1997 1997 April Jan. Feb. March April 1/ 2/ 1997 1997 1997 1997 1997 ALL COMMODITIES 100.000 99.6 99.0 -2.2 0.1 0.2 0.0 -0.6 AGRICULTURAL COMMODITIES 11.017 105.0 98.0 -16.5 0.1 2.1 1.4 -6.7 NONAGRICULTURAL COMMODITIES 88.982 99.0 99.1 -0.1 0.0 0.0 -0.1 0.1 0 FOODS, FEEDS, & BEVERAGES 9.902 105.9 98.3 -18.0 -0.3 1.9 1.5 -7.2 00 Agricultural foods, feeds & beverages, excluding distilled beverages 9.187 107.5 99.2 -19.9 -0.3 2.4 1.8 -7.7 01 Nonagricultural foods (fish, distilled beverages) 0.715 90.7 89.7 2.6 -1.2 -5.0 -0.8 -1.1 1 INDUSTRIAL SUPPLIES & MATERIALS 24.819 95.4 95.4 -0.2 0.2 0.2 0.0 0.0 INDUSTRIAL SUPPLIES & MATERIALS, DURABLE 9.871 96.2 96.3 -1.5 0.0 0.4 -0.2 0.1 INDUSTRIAL SUPPLIES & MATERIALS, NONDURABLE 14.947 94.8 94.9 0.6 0.4 0.0 0.1 0.1 10 Agricultural industrial supplies & materials 1.830 95.9 94.3 0.3 2.2 -0.1 0.1 -1.7 NONAGRICULTURAL INDUSTRIAL SUPPLIES & MATERIALS 22.988 95.3 95.5 -0.3 0.0 0.2 0.0 0.2 11 Fuels & lubricants 2.429 110.5 109.8 -0.3 -0.1 -2.9 -0.8 -0.6 12 Nonagricultural supplies & materials excluding fuels & building materials 18.955 92.6 93.0 -0.6 0.0 0.7 0.2 0.4 13 Selected building materials 1.604 97.1 95.5 -0.6 0.3 0.4 -1.5 -1.6 2 CAPITAL GOODS 44.012 100.3 100.3 -0.5 0.1 -0.2 -0.1 0.0 20 Electric & electrical generating Equipment 4.342 100.5 100.7 0.0 0.0 -0.3 0.2 0.2 21 Nonelectrical machinery 34.415 98.2 98.1 -2.2 -0.1 -0.2 -0.1 -0.1 3 AUTOMOTIVE VEHICLES, PARTS & ENGINES 9.585 101.9 102.2 1.3 0.2 0.0 0.2 0.3 4 CONSUMER GOODS, EXCLUDING AUTOMOTIVES 11.682 101.7 101.8 0.4 0.1 0.1 -0.3 0.1 40 Nondurables, manufactured 6.162 101.4 101.1 -0.1 0.0 0.0 -0.2 -0.3 41 Durables, manufactured 4.985 101.3 102.1 1.1 0.3 0.1 -0.4 0.8 1 Relative importance figures are based on n.a. Not available 1995 trade values. 2 Data for January, February and March 1997 have been revised to reflect the availability of late reports and corrections by respondents. All data are subject to revision in each of the three months after original publication. NOTE: Published categories may include price data not shown separately Table 3 U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods, April 1996-April 1997 1995=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance April Dec. Jan. Feb. March SITC Description 1996 1996 1997 1997 1997 Rev. 3 March March April to to to to to 1997 1997 1997 April Jan. Feb. March April 1/ 2/ 1997 1997 1997 1997 1997 ALL COMMODITIES 100.000 99.5 98.6 -3.2 -0.3 -0.9 -1.2 -0.9 0 FOOD AND LIVE ANIIALS 4.071 101.9 99.8 0.7 0.0 2.7 4.8 -2.1 01 Meat and meat preparations 0.350 103.5 104.9 14.4 -1.2 0.2 5.7 1.4 03 Fish, crustaceans, aquatic invertebrates and preparations thereof 0.966 99.7 100.4 4.6 0.2 1.7 -0.4 0.7 05 Vegetables and fruit, prepared fresh or dried 1.150 111.1 101.9 -10.5 -0.2 2.5 6.7 -8.3 07 Coffee, tea, cocoa, spices and manufactures thereof 0.679 98.7 98.7 13.4 3.6 10.4 15.0 0.0 3/ Other food and live animals (9612=100) 0.926 100.2 100.3 n.a. -1.6 0.6 1.2 0.1 1 BEVERAGES AND TOBACCO 0.822 106.8 107.2 3.8 0.4 0.9 0.2 0.4 11 Beverages 0.690 103.2 103.6 2.2 0.0 0.0 0.3 0.4 2 CRUDE MATERIALS, INEDIBLE, EXCEPT FUELS 3.007 98.9 97.7 2.3 0.7 5.2 -3.0 -1.2 23 Crude rubber (including synthetic and reclaimed) 0.289 88.3 84.8 -9.1 -0.9 0.8 0.2 -4.0 24 Cork and wood 1.132 126.2 124.9 21.4 0.7 3.3 0.6 -1.0 25 Pulp and waste paper 0.354 64.9 63.8 -12.2 -0.8 0.0 -1.2 -1.7 28 Metalliferous ores and metal scrap 0.619 103.0 105.9 3.7 2.4 2.8 0.4 2.8 29 Crude animal and vegetable materials, n.e.s. (9612=100) 0.267 105.1 94.2 n.a. 5.3 39.4 -28.4 -10.4 3/ Other crude materials, inedible, except fuels (9612=100) 0.345 97.7 97.8 n.a. -1.9 -2.5 2.2 0.1 3 MINERAL FUELS, LUBRICANTS AND RELATED MATERIALS 9.701 113.4 108.5 -10.8 2.5 -7.5 -11.8 -4.3 33 Petroleum, petroleum products and related materials 8.439 112.6 108.3 -11.7 0.5 -7.7 -9.4 -3.8 34 Gas, natural and manufactured 1.142 125.7 115.2 0.9 17.1 -7.4 -26.4 -8.4 5 CHEMICALS AND RELATED PRODUCTS, N.E.S. 5.578 97.9 97.3 -2.5 -0.5 -0.5 -0.2 -0.6 51 Organic chemicals 1.631 100.2 99.2 1.1 0.1 0.1 0.6 -1.0 52 Inorganic chemicals 0.681 101.5 100.8 -0.5 -0.3 -0.5 -1.2 -0.7 53 Dyeing, tanning and coloring materials 0.283 96.9 97.1 -5.8 -1.0 -2.0 -0.5 0.2 54 Medicinal and pharmaceutical products 0.891 96.0 96.0 -4.8 -1.2 -1.0 -0.8 0.0 55 Essential oils; polishing and cleansing preps 0.318 98.2 98.8 -5.1 -0.7 -0.7 -0.5 0.6 57 Plastics in primary forms 0.359 91.6 89.6 -13.8 -0.5 -2.2 -0.9 -2.2 58 Plastics in nonprimary forms 0.536 86.1 85.7 -0.3 -1.2 0.0 0.5 -0.5 59 Chemical materials and products, n.e.s. 0.653 104.6 104.1 -3.3 -0.3 -0.8 -0.1 -0.5 6 MANUFACTURED GOODS CLASSIFIED CHIEFLY BY MATERIAL 12.285 96.0 95.9 -4.1 -0.2 0.1 0.6 -0.1 62 Rubber manufactures, n.e.s. 0.720 97.4 97.5 -2.6 -0.1 -0.5 -0.5 0.1 63 Cork and wood manufactures other than furniture 0.550 99.2 100.0 n.a. -0.7 2.4 -1.3 0.8 64 Paper, paperboard, and articles of paper pulp, paper or paper board 1.517 85.0 85.8 -18.0 -2.3 -0.5 1.4 0.9 65 Textile yarn, fabrics, made-up articles, n.e.s., and related product 1.399 100.5 100.7 0.2 0.2 -0.3 0.1 0.2 66 Nonmetallic mineral manufactures, n.e.s. 2.118 103.2 103.0 1.1 0.5 0.1 -0.4 -0.2 67 Iron and steel 2.004 96.2 96.5 -1.4 -1.0 -0.1 0.2 0.3 68 Nonferrous metals 1.853 91.1 90.6 -3.9 1.8 1.9 3.9 -0.5 69 Manufactures of metals, n.e.s. 1.961 99.5 98.9 -2.6 -0.7 -0.4 -0.4 -0.6 7 MACHINERY AND TRANSPORT EQUIPMENT 46.875 96.7 96.1 -3.1 -1.0 -0.3 -0.1 -0.6 71 Power generating machinery and equipment (9612=100) 2.943 99.5 99.6 n.a. -0.6 0.4 -0.3 0.1 72 Machinery specialized for particular industries 2.660 99.7 99.3 -2.3 -0.4 -0.5 -0.9 -0.4 73 Metalworking machinery 0.813 98.6 98.7 -2.9 -0.4 -0.7 -1.6 0.1 74 General industrial machinery and equip- ment, n.e.s. and machine parts, n.e.s 3.394 98.6 98.2 -2.5 -0.1 -1.0 -1.0 -0.4 75 Computer equipment and office machines 7.499 84.6 82.7 -12.3 -1.8 -1.2 -1.2 -2.2 76 Telecommunications & sound recording & reproducing apparatus & equipment 4.565 94.5 94.3 -4.0 -1.1 0.1 -0.3 -0.2 77 Electrical machinery and equipment 9.643 91.1 90.6 -6.5 -2.6 -0.1 1.0 -0.5 78 Road vehicles 14.327 100.9 100.7 0.1 -0.1 -0.1 0.3 -0.2 8 MISCELLANEOUS MANUFACTURED ARTICLES 17.177 100.1 100.4 -0.4 0.1 -0.1 -0.2 0.3 81 Prefabricated buildings; plumbing, heat & lighting fixtures, n.e.s. 0.377 96.0 95.6 -6.0 0.0 -0.5 -2.7 -0.4 82 Furniture and parts thereof 1.236 102.4 102.7 2.0 0.2 -0.1 0.5 0.3 83 Travel goods, handbags and similar containers 0.497 101.4 101.2 0.3 0.6 -0.2 0.3 -0.2 84 Articles of apparel and clothing accessories 5.687 101.9 102.7 1.7 0.2 0.2 0.4 0.8 85 Footwear 1.740 101.0 101.0 -0.4 0.5 0.3 -0.7 0.0 87 Professional, scientific and controlling instruments and apparatus, n.e.s. 1.572 97.4 97.1 -3.5 -0.4 -0.6 -1.4 -0.3 88 Photographic apparatus, equipment and supplies and optical goods, n.e.s.; 1.339 95.4 95.7 -3.1 -0.4 -0.5 -0.6 0.3 89 Miscellaneous manufactured articles, n.e.s. 4.729 99.8 99.7 -1.4 -0.1 -0.1 -0.3 -0.1 1 Relative importance figures are based on n.a. Not available. 1995 trade values. 2 Data for January, February and March 1997 have been revised to reflect the availability of late reports and corrections by respondents. All data are subject to revision in each of the three months after original publication. 3 Product categories included in this group have been modified due to concordance or coverage limitations. NOTE: Published categories may include price data not shown separetely Table 4 U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods, April 1996-April 1997 1995=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance April Dec. Jan. Feb. March SITC Description 1996 1996 1997 1997 1997 Rev. 3 March March April to to to to to 1997 1997 1997 April Jan. Feb. March April 1/ 2/ 1997 1997 1997 1997 1997 ALL COMMODITIES 100.000 99.6 99.0 -2.2 0.1 0.2 0.0 -0.6 0 FOOD AND LIVE ANIMALS 7.995 103.3 97.5 -19.0 -1.2 1.6 1.0 -5.6 01 Meat and meat preparations 1.146 96.4 96.7 -3.2 -2.5 -0.9 2.0 0.3 03 Fish, crustaceans, aquatic invertebrates and preparations 0.539 89.1 88.0 3.5 -1.2 -5.6 -1.2 -1.2 04 Cereals and cereal preparations 3.090 104.9 89.1 -38.4 -1.8 4.2 2.0 -15.1 05 Vegetables, fruit and nuts, fresh or dried 1.419 100.3 99.9 -3.9 0.4 0.5 -1.6 -0.4 08 Feeding stuff for animals (not including unmilled cereals) 0.874 125.3 128.5 6.6 -1.9 4.3 2.0 2.6 09 Miscellaneous edible products and preparations 0.382 103.3 103.3 n.a. -0.1 -0.2 -0.1 0.0 3/ Other food and live animals (9612=100) 0.544 102.9 103.2 n.a. 1.6 0.3 1.0 0.3 1 BEVERAGES ANB TOBACCO 1.485 100.2 100.2 -0.4 0.1 -0.1 -0.2 0.0 12 Tobacco and tobacco manufactures 1.224 100.1 100.1 n.a. 0.1 -0.1 -0.3 0.0 2 CRUDE MATERIALS, INEDIBLE, EXCEPT FUELS 5.956 93.2 88.6 -2.1 1.5 2.4 1.1 -4.9 21 Hides, skins and furskins, raw 0.376 115.6 113.8 26.3 -0.3 1.1 0.8 -1.6 22 Oil seeds and oleaginous fruits 1.442 133.1 109.3 -14.5 4.5 5.5 5.1 -17.9 24 Cork and wood 0.995 96.0 94.2 -2.3 0.3 0.4 -2.3 -1.9 25 Pulp and waste paper 0.673 58.6 58.9 11.8 0.0 6.3 -1.3 0.5 26 Textile fibers and their waste 0.842 85.2 83.6 -10.5 -0.2 -0.1 2.4 -1.9 27 Crude fertilizers and crude minerals 0.276 96.9 96.9 -1.9 0.6 -0.2 -0.7 0.0 28 Metalliferous ores and metal scrap 0.922 89.6 89.7 -1.4 1.4 2.2 0.9 0.1 3/ Other crude materials, inedible, except fuels (9612=100) 0.431 102.6 101.5 n.a. 2.4 0.3 -0.1 -1.1 3 MINERAL FUELS, LUBRICANTS AND RELATED MATERIALS 2.132 110.9 110.2 -0.6 -0.3 -3.7 -1.2 -0.6 32 Coal, coke and briquettes 0.691 102.1 102.3 -0.4 0.8 -0.4 -0.1 0.2 33 Petroleum, petroleum products and related materials 1.289 118.8 119.0 0.2 -1.2 -4.4 -2.1 0.2 4 ANIMAL AND VEGETABLE OILS, FATS AND WAXES 0.450 96.5 93.2 2.3 3.3 1.6 -1.1 -3.4 5 CHEMICALS AND RELATED PRODUCTS, N.E.S. 10.398 97.1 97.0 -0.2 0.1 0.4 0.5 -0.1 51 Organic chemicals 2.608 86.1 85.1 -4.5 0.2 0.9 0.2 -1.2 52 Inorganic chemicals 0.835 99.3 99.1 -4.5 -2.1 0.3 -0.7 -0.2 53 Dyeing, tanning and coloring materials 0.496 102.4 103.2 2.3 -0.3 0.0 0.6 0.8 54 Medicinal and pharmaceutical products 1.222 100.9 101.6 -0.1 -0.4 -0.2 -0.3 0.7 55 Essential oils; polishing and cleansing preps 0.751 102.2 102.3 1.5 -0.1 1.1 -0.3 0.1 56 Fertilizers (9612=100) 0.000 96.6 95.2 n.a. 0.5 -2.5 -1.4 -1.4 57 Plastics in primary forms 1.909 97.8 98.0 4.3 1.1 1.1 2.1 0.2 58 Plastics in nonprimary forms 0.824 98.8 98.5 -0.8 1.7 -0.7 0.4 -0.3 59 Chemical materials and products, n.e.s. 1.753 103.5 103.9 2.1 -0.1 0.1 0.4 0.4 6 MANUFACTURED GOODS CLASSIFIED CHIEFLY BY MATERIAL 9.565 97.5 97.8 -0.5 0.1 0.4 0.0 0.3 62 Rubber manufactures, n.e.s. 0.664 102.7 103.0 0.6 -0.1 -0.3 0.1 0.3 63 Cork and wood manufactures other than furniture 0.292 92.7 90.9 -0.8 0.3 0.7 1.1 -1.9 64 Paper, paperboard, and articles of paper pulp, paper or paperboard 1.487 83.1 82.3 -9.0 -1.5 -0.5 -0.1 -1.0 65 Textile yarn, fabrics, made-up articles, n.e.s., and related product 1.380 101.8 103.7 n.a. 0.2 0.1 -0.9 1.9 66 Nonmetallic mineral manufactures, n.e.s. 1.282 104.0 104.0 2.9 0.1 0.1 -0.1 0.0 67 Iron and steel 1.100 103.3 103.3 n.a. 1.3 0.0 0.3 0.0 68 Nonferrous metals 1.264 91.6 92.0 -2.1 1.8 2.4 -0.5 0.4 69 Manufactures of metals, n.e.s. 1.935 103.2 104.0 1.2 0.0 0.6 1.0 0.8 7 MACHINERY AND TRANSPORT EQUIPMENT 50.094 100.5 100.6 -0.1 0.1 -0.1 0.0 0.1 71 Power generating machinery and equipment 4.194 105.6 106.3 2.8 0.5 0.1 0.4 0.7 72 Machinery specialized for particular industries 4.592 103.8 103.8 0.7 0.8 0.1 0.0 0.0 73 Metalworking machinery 0.943 104.8 104.6 3.4 0.0 1.1 1.3 -0.2 74 General industrial machinery and equip- ment, n.e.s. and machine parts, n.e.s 4.906 104.1 104.6 2.6 0.3 0.4 0.3 0.5 75 Computer equipment and office machines 6.751 86.6 86.4 -8.5 -0.2 -0.9 -0.3 -0.2 76 Telecommunications & sound recording & reproducing apparatus & equipment 3.776 99.9 100.0 -1.3 0.1 -0.6 -0.3 0.1 77 Electrical machinery and equipment 11.769 96.5 96.5 -3.5 -0.5 -0.1 -0.4 0.0 78 Road vehicles 8.970 101.8 101.9 1.1 0.2 -0.1 0.3 0.1 8 MISCELLANEOUS MANUFACTURED ARTICLES 11.084 101.4 101.5 0.9 0.1 0.0 0.0 0.1 82 Furniture and parts thereof 0.620 102.5 102.6 0.2 0.2 0.3 0.0 0.1 84 Articles of apparel and clothing accessories 1.238 101.4 101.4 n.a. 0.0 0.4 0.1 0.0 87 Professional, scientific and controlling instruments and apparatus, n.e.s. 3.677 103.8 103.1 2.1 0.7 0.2 0.2 -0.7 88 Photographic apparatus, equipment and supplies and optical goods, n.e.s. 0.933 98.4 97.5 n.a. -0.3 -0.2 -0.3 -0.9 89 Miscellaneous manufactured articles, n.e.s. 4.166 99.8 100.7 -0.2 -0.4 -0.2 -0.2 0.9 3/ Other miscellaneous manufactured articles (9612=100) 0.450 100.7 100.8 n.a. 0.8 -0.1 0.0 0.1 1 Relative importance figures are based on n.a. Not available. 1995 trade values. 2 Data for January, February and March 1997 have been revised to reflect the availability of late reports and corrections by respondents. All data are subject to revision in each of the three months after original publication. 3 Product categories included in this group have been modified due to concordance or coverage limitations. NOTE: Published categories may include price data not shown separately Table 5 U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods, April 1996-April 1997 1995=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly Harmo- ance April Dec. Jan. Feb. March nized Description 1996 1996 1997 1997 1997 System March March April to to to to to 1997 1997 1997 April Jan. Feb. March April 1/ 2/ 1997 1997 1997 1997 1997 I LIVE ANIMALS; ANIMAL PRODUCTS 1.502 99.9 100.4 5.5 -0.5 1.7 1.6 0.5 02 Meat and edible meat offal 0.270 98.9 100.0 8.1 -1.5 0.4 6.1 1.1 03 Fish and crustaceans, molluscs and other aquatic invertebrates 0.846 100.3 100.9 5.5 1.0 1.8 -0.4 0.6 3/ Other live animals and animal products (9612=100) 0.386 102.0 102.0 n.a. -3.4 2.2 3.3 0.0 II VEGETABLE PRODUCTS 1.646 97.9 91.8 -5.6 0.7 9.2 3.6 -6.2 07 Edible vegetables and certain roots and tubers 0.329 124.8 98.3 -24.2 -5.0 11.9 26.4 -21.2 08 Edible fruit and nuts; peel of citrus fruit or melons 0.470 107.0 105.3 4.1 -2.4 -1.9 0.4 -1.6 09 Coffee, tea, mate and spices 0.425 89.7 88.6 5.4 4.7 11.0 14.1 -1.2 3/ Other vegetable products 0.422 99.6 95.0 -2.7 4.9 19.4 -13.5 -4.6 IV PREPARED FOODSTUFFS, BEVERAGES, AND TOBACCO 2.007 100.8 101.4 -1.6 -0.3 -0.2 -0.8 0.6 20 Preparations of vegetables, fruit, nuts, or other parts of plants 0.281 95.8 93.0 -18.0 1.5 -2.5 -1.5 -2.9 22 Beverages, spirits, and vinegar 0.721 102.8 103.2 1.9 0.0 -0.1 -0.1 0.4 3/ Other prepared foodstuffs (9612=100) 1.006 98.3 100.0 n.a. -0.9 0.2 -1.0 1.7 V MINERAL PRODUCTS 10.293 112.9 108.1 -10.8 2.7 -7.2 -11.5 -4.3 26 Ores, slag and ash 0.281 99.9 103.8 3.5 0.1 0.2 0.6 3.9 27 Mineral fuels, oils and residuals, bituminous substances and mineral wax 9.786 113.5 108.3 -11.4 2.8 -7.5 -12.0 -4.6 VI PRODUCTS OF THE CHEMICAL OR ALLIED INDUSTRIES 5.225 101.1 100.9 -1.1 -0.1 -0.5 0.1 -0.2 28 Inorganic chemicals 0.854 105.5 105.3 1.5 0.5 -0.1 0.6 -0.2 29 Organic chemicals 2.032 99.5 98.5 -0.7 -0.2 -0.3 0.3 -1.0 30 Pharmaceutical products 0.536 101.0 101.7 -1.0 -0.9 -1.2 -0.5 0.7 32 Tanning & dyeing extracts; dye & pigments; varnish & paints; putty 0.282 95.8 96.1 -6.7 -1.2 -2.7 -0.3 0.3 37 Photographic or cinematographic goods 0.350 99.0 100.9 0.9 -1.0 0.1 1.0 1.9 38 Miscellaneaous chemical products (9612=100) 0.408 98.7 99.1 n.a. 1.0 -1.1 -1.2 0.4 3/ Other products of the chemical or allied industries (9612=100) 0.763 99.8 100.1 n.a. 0.0 0.4 -0.6 0.3 VII PLASTICS AND ARTICLES THEREOF; RUBBER AND ARTICLES THEREOF 2.792 93.9 93.1 -4.0 -0.2 -0.6 0.1 -0.9 39 Plastics and articles thereof 1.703 94.9 94.2 -2.4 -0.1 -0.6 0.6 -0.7 40 Rubber and articles thereof 1.089 92.5 91.6 -6.1 -0.2 -0.6 -0.6 -1.0 VIII RAW HIDES, SKINS, LEATHER, FURSKINS, TRAVEL GOODS, ETC 0.989 103.8 103.4 1.7 0.7 -0.5 0.0 -0.4 42 Articles of leather; travel goods, bags, etc. of various materials 0.791 101.4 101.5 0.9 0.8 -0.2 0.1 0.1 IX WOOD, WOOD CHARCOAL, CORK, STRAW, BASKET AND WICKER 1.728 114.7 113.5 12.3 0.0 3.1 0.1 -1.0 X WOOD PULP, WASTE AND SCRAP PAPER, PAPER AND ARTICLES THEREOF 2.240 82.7 82.8 -13.8 -1.3 0.0 0.4 0.1 47 Pulp wood or other fibrous cellulosic material; waste paper/paperboard 0.355 65.9 64.6 -12.2 -0.6 0.0 -1.1 -2.0 48 Paper and paperboard; articles of paper pulp, paper or paperboard 1.536 86.3 87.0 -16.7 -1.9 -0.5 1.2 0.8 49 Printed matter 0.348 100.9 100.7 2.1 0.0 2.1 -1.7 -0.2 XI TEXTILE AND TEXTILE ARTICLES 6.723 101.1 101.8 1.3 0.2 0.2 0.4 0.7 61 Articles of apparel and clothing accessories, knitted or crocheted 1.988 101.2 101.9 0.4 -0.5 -0.2 0.6 0.7 62 Articles of apparel and clothing accessories, not knitted or crocheted 3.213 102.4 103.4 2.5 0.4 0.8 0.3 1.0 63 Made-up or worn textile articles and clothing; needlecraft sets; rags 0.338 98.4 98.1 -2.2 -0.5 -1.4 0.6 -0.3 3/ Other textile & textile articles (9612=100) 1.184 100.9 101.0 n.a. 0.6 -0.1 0.4 0.1 XII FOOTWEAR, HEADGEAR, UMBRELLAS, WHIPS, ARTIFICIAL FLOWERS, ETC. 2.024 101.0 101.2 -0.2 0.5 0.2 -0.6 0.2 64 Footwear, gaiters and the like; parts of such articles 1.746 100.8 100.8 -0.5 0.6 0.2 -0.8 0.0 3/ Other footwear, headgear, umbrellas, whips, art. flowers, etc. (9612=100) 0.278 100.2 101.5 n.a. 0.0 0.0 0.2 1.3 XIII STONE, PLASTER, CEMENT, ASBESTOS,CERAMIC GLASS ETC. 1.134 103.7 103.4 0.2 0.9 0.0 -0.7 -0.3 69 Ceramic products 0.434 101.8 101.0 n.a. 0.4 -0.4 -0.3 -0.8 70 Glass and glassware 0.440 103.8 103.9 0.1 0.6 1.0 -2.1 0.1 XIV PEARLS, STONES, PRECIOUS METALS, IIITATION JEWELRY, AND COINS 2.125 97.4 97.3 -3.3 -0.5 -1.1 0.9 -0.1 XV BASE METALS AND ARTICLES OF BASE METAL 5.760 95.2 95.1 -2.5 0.1 0.9 0.4 -0.1 72 Iron and steel 1.715 95.2 95.3 -1.9 -1.3 0.1 0.5 0.1 73 Articles of iron or steel 1.280 98.7 98.4 -2.3 -0.1 -0.6 -0.6 -0.3 74 Copper and articles thereof 0.451 85.3 86.1 -3.0 0.9 3.1 1.4 0.9 76 Aluminum and articles thereof 0.955 93.3 92.3 -2.1 4.4 3.4 -0.1 -1.1 83 Miscellaneous articles of base metal 0.408 102.6 102.8 0.9 -1.1 0.4 0.0 0.2 3/ Miscellaneous nonferrous metals and articles, including scrap (9612=100) 0.513 104.7 107.5 n.a. -1.5 2.3 3.9 2.7 XVI MACHINERY, ELECTRICAL EQUIPMENT, TV IMAGE & SOUND RECORDERS, PARTS, ETC. 30.916 93.6 92.6 -5.5 -1.8 -0.4 -0.1 -1.1 84 Specialized machinery & computer equipment 16.291 95.1 93.6 -5.1 -0.8 -0.7 -0.8 -1.6 85 Electrical machinery and equip, sound and TV recorders & reproducers, parts 14.625 92.0 91.4 -6.3 -2.8 0.0 0.7 -0.7 XVII VEHICLES, AIRCRAFT, VESSELS AND ASSOCIATED TRANSPORT EQUIPMENT 15.474 101.0 100.8 0.2 -0.2 -0.1 0.2 -0.2 87 Motor vehicles and their parts 14.626 100.8 100.6 0.0 -0.1 -0.1 0.2 -0.2 XVIII OPTICAL, PHOTO, MEASURING, MEDICAL & MUSICAL INSTRUMENTS; CLOCKS & WATCHES 3.509 95.0 94.9 -4.5 -0.9 -0.3 -1.2 -0.1 90 Optical, photographic, measuring and medical instruments 2.998 95.0 94.9 -4.3 -1.0 -0.4 -1.0 -0.1 91 Clocks and watches and parts thereof 0.370 94.9 94.7 -6.0 -1.0 -0.8 -1.8 -0.2 XX MISCELLANEOUS MANUFACTURED ARTICLES 3.631 99.7 100.0 -0.9 0.1 -0.4 -0.3 0.3 94 Furniture; stuffed furnishings; lamps and lighting fittings nes; 1.557 99.8 99.9 -0.4 0.2 -0.2 -0.2 0.1 95 Toys, games and sports equipment; parts and accessories thereof 1.795 100.7 100.8 -1.1 0.0 -0.3 -0.2 0.1 96 Miscellaneous manufactured articles 0.279 93.9 94.9 -2.8 -0.2 -2.1 -0.3 1.1 1 Relative importance figures are based on 1995 trade values. 2 Data for January, February and March 1997 have been revised to reflect the availability of late reports and corrections by respondents. All data are subject to revision in each of the three months after original publication. 3 Product categories included in this group have been modified due to concordance or coverage limitations. NOTE: Published categories may include price data not shown separately Table 6 U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods, April 1996-April 1997 1995=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly Harmo- ance April Dec. Jan. Feb. March nized Description 1996 1996 1997 1997 1997 System March March April to to to to to 1997 1997 1997 April Jan. Feb. March April 1/ 2/ 1997 1997 1997 1997 1997 I LIVE ANIMALS; ANIMAL PRODUCTS 1.906 95.9 95.7 2.9 -2.0 -2.4 0.6 -0.2 02 Meat & edible meat offal 1.064 94.3 94.7 -4.6 -2.8 -0.9 1.9 0.4 03 Fish and crustaceans, molluscs and other aquatic invertebrates 0.479 87.0 85.9 2.0 -2.2 -7.2 -1.2 -1.3 3/ Other live animals and animal products (9612=100) 0.363 100.1 99.4 n.a. 0.2 0.3 -0.4 -0.7 II VEGETABLE PRODUCTS 5.782 108.7 95.0 -28.7 0.4 3.4 2.2 -12.6 07 Edible vegetables and certain roots and tubers 0.302 96.2 93.9 -3.8 -0.3 -1.1 0.7 -2.4 08 Edible fruit and nuts; peel of citrus fruit or melons 0.715 98.1 98.0 -8.2 -0.3 1.4 -3.0 -0.1 10 Cereals 2.862 104.6 87.5 -40.6 -2.0 4.5 2.1 -16.3 12 Oilseeds and misc. grains, seeds, fruits, plants, straw and fodder 1.627 130.8 110.5 -12.0 5.2 4.2 4.6 -15.5 III ANIMAL OR VEGETABLE FATS AND OILS 0.483 96.2 93.3 0.2 2.5 2.0 -1.4 -3.0 IV PREPARED FOODSTUFFS, BEVERAGES, AND TOBACCO 3.589 105.5 106.1 1.2 -0.1 1.0 0.1 0.6 20 Preparations of vegetables, fruit, nuts, or other parts of plants 0.389 109.5 109.3 3.3 2.1 2.4 -0.5 -0.2 21 Miscellaneous edible preparations 0.355 104.1 104.1 1.7 0.0 -0.3 0.0 0.0 22 Beverages, spirits, and vinegar 0.329 99.9 100.0 n.a. -1.2 -0.5 0.2 0.1 23 Residues and waste from the food industries; prepared animal feed 0.791 122.7 125.5 4.1 -2.2 4.1 0.8 2.3 24 Tobacco and manufactured tobacco substitutes 1.231 100.1 100.1 n.a. 0.1 -0.1 -0.3 0.0 3/ Other prepared foods 0.495 100.2 100.9 n.a. 1.7 -0.5 -0.1 0.7 V MINERAL PRODUCTS 2.750 108.8 108.2 0.7 0.2 -2.0 -1.4 -0.6 27 Mineral fuels, oils and residuals, bituminous substances and mineral wax 2.204 112.9 112.1 0.6 -0.3 -2.9 -1.5 -0.7 VI PRODUCTS OF THE CHEMICAL OR ALLIED INDUSTRIES 8.272 97.7 97.4 -1.2 -0.1 0.5 0.0 -0.3 28 Inorganic chemicals 0.925 101.2 100.9 -3.0 -1.3 0.5 -0.9 -0.3 29 Organic chemicals 2.927 89.5 88.9 -4.0 0.1 1.0 0.2 -0.7 30 Pharmaceutical products 0.884 100.7 100.7 -0.3 0.2 -0.3 -0.3 0.0 31 Fertilizers (9612=100) 0.000 96.6 95.2 n.a. 0.5 -2.5 -1.4 -1.4 32 Tanning or dyeing extracts; dyes and pigments; paints & varnish; putty;ink 0.506 102.1 102.9 1.9 -0.4 0.0 0.6 0.8 33 Essential oils and resinoids; perfumery, cosmetic or toilet 0.529 102.8 102.8 2.3 -0.4 1.9 0.0 0.0 34 Soap; lubricants; waxes, polishing or scouring products; candles, pastes 0.308 100.9 101.0 0.3 0.2 -0.2 -0.5 0.1 37 Photographic or cinematographic goods 0.436 96.7 94.7 -0.8 -0.3 -0.5 -0.5 -2.1 38 Miscellaneous chemical products 1.539 103.6 103.6 1.4 -0.3 0.1 0.6 0.0 VII PLASTICS AND ARTICLES THEREOF; RUBBER AND ARTICLES THEREOF 4.381 98.7 98.5 1.4 0.4 0.5 1.0 -0.2 39 Plastics and articles thereof 3.474 98.1 98.1 1.8 0.5 0.3 1.3 0.0 40 Rubber and articles thereof 0.907 100.8 100.2 0.8 0.1 0.9 -0.2 -0.6 VIII RAW HIDES, SKINS, LEATHER, FURSKINS, TRAVEL GOODS, ETC. 0.607 104.9 104.0 13.7 -0.5 0.5 -0.5 -0.9 41 Raw hides and skins (other than furskins) and leather 0.444 103.0 101.8 14.3 -0.7 0.6 1.9 -1.2 IX WOOD, WOOD CHARCOAL, CORK, STRAW, BASKET AND WICKER 1.313 95.9 94.2 -1.5 0.4 0.5 -1.5 -1.8 X WOOD PULP, WASTE AND SCRAP PAPER, PAPER AND ARTICLES THEREOF 2.835 75.3 74.6 -3.0 -0.9 -0.3 -0.5 -0.9 47 Pulp wood or other fibrous cellulosic material; waste paper/paperboard 0.622 56.4 56.3 3.7 -0.5 1.2 -2.1 -0.2 48 Paper and paperboard; articles of paper pulp, paper or paperboard 1.450 83.4 81.9 -9.8 -1.4 -0.7 0.4 -1.8 49 Printed material 0.762 103.4 103.8 1.8 0.1 -0.9 -1.0 0.4 XI TEXTILE AND TEXTILE ARTICLES 3.213 93.4 93.7 -4.0 0.0 0.0 0.2 0.3 52 Cotton, including yarns and woven fabrics thereof 0.721 84.5 83.2 -11.9 0.0 -0.2 0.5 -1.5 XIII STONE, PLASTER, CEMENT, ASBESTOS, CERAMIC, GLASS ETC. 0.842 103.2 103.2 n.a. 0.2 0.0 -0.1 0.0 70 Glass and glassware 0.482 101.1 101.1 n.a. 0.2 -0.3 -0.1 0.0 XIV PEARLS, STONES, PRECIOUS METALS, IMITATION JEWELRY, AND COINS 1.862 96.8 97.8 -3.8 -1.2 -2.2 -0.5 1.0 XV BASE METALS AND ARTICLES OF BASE METALS 4.586 96.2 96.8 -0.9 0.5 0.7 1.1 0.6 72 Iron and steel 0.965 93.7 94.2 -3.6 0.6 0.4 0.1 0.5 73 Articles of iron or steel 1.224 106.0 106.4 2.1 0.4 0.2 2.9 0.4 74 Copper and articles thereof 0.453 87.5 88.5 -6.8 1.3 1.2 2.1 1.1 76 Aluminum and articles thereof 0.870 88.5 88.6 -1.2 0.8 1.4 0.9 0.1 82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof 0.409 103.6 103.3 n.a. 0.1 0.5 -0.3 -0.3 83 Miscellaneous articles of base metal 0.367 99.5 100.1 -1.2 -0.3 0.2 0.0 0.6 XVI MACHINERY, ELECTRICAL EQUIPMENT, TV IMAGE AND SOUND RECORDERS, PARTS, ETC 36.844 97.9 98.0 -2.1 0.0 -0.4 -0.1 0.1 84 Specialized machinery & computer equipment 20.326 98.4 98.5 -1.4 0.2 -0.1 -0.1 0.1 85 Electrical machinery and equip, sound & tv recorders & reproducers, parts 16.518 97.3 97.4 -2.9 -0.3 -0.6 -0.2 0.1 XVII VEHICLES, AIRCRAFT, VESSELS AND ASSOCIATED TRANSPORT EQUIPMENT 13.433 103.8 103.9 2.6 0.4 0.0 0.2 0.1 87 Motor vehicles and their parts 9.385 101.9 102.0 1.1 0.2 -0.1 0.3 0.1 XVIII OPTICAL, PHOTO, MEASURING, MEDICAL & MUSICAL INSTRUMENTS; CLOCKS & WATCHES 5.338 102.4 102.0 1.1 0.5 0.2 -0.1 -0.4 XX MISCELLANEOUS MANUFACTURED ARTICLES 1.748 101.8 101.8 0.7 0.3 0.0 0.2 0.0 94 Furniture; stuffed furnishings; lamps and lighting fittings nesoi; 0.854 102.8 102.8 0.7 0.2 0.3 0.0 0.0 95 Toys, games and sports equipment; parts and accessories thereof 0.722 100.6 100.6 0.5 0.4 -0.1 0.1 0.0 1 Relative importance figures are based on 1995 trade values. 2 Data for January, February and March 1997 have been revised to reflect the availability of late reports and corrections by respondents. All data are subject to revision in each of the three months after original publication. 3 Product categories included in this group have been modified due to concordance or coverage limitations. NOTE: Published categories may include price data not shown separately Table 7 U.S. Import Price Indexes and Percent Changes by Locality of Origin,April 1996-April 1997 1995=100, unless otherwise noted Index Percent Change Percentage of Annual Monthly US Imports April Dec. Jan. Feb. March Description 1/ 1996 1996 1997 1997 1997 1995 March April to to to to to 1997 1997 April Jan. Feb. March April 2/ 1997 1997 1997 1997 1997 3/ Developed Countries 55.6 98.3 97.7 -3.1 0.1 -0.9 -1.2 -0.6 Manufactured Goods 52.2 97.7 97.3 -2.9 -0.3 -0.4 -0.4 -0.4 Nonmanufactured Goods 3.1 110.2 107.5 -5.6 6.4 -8.3 -12.0 -2.5 3/ Developing Countries 42.7 103.1 102.3 -1.5 0.0 -1.0 -1.1 -0.8 Manufactured Goods 35.4 100.3 100.1 -0.6 -0.1 -0.2 0.2 -0.2 Nonmanufactured Goods 7.1 111.7 107.4 -7.8 0.2 -4.6 -6.2 -3.8 Canada 18.9 99.5 99.2 -2.1 0.8 -1.7 -1.4 -0.3 Manufactured Goods 16.5 98.7 98.6 -0.8 -0.3 0.1 0.8 -0.1 Nonmanufactured Goods 2.2 109.3 107.1 -9.5 7.1 -11.2 -14.1 -2.0 4/ European Union 17.0 101.6 101.3 -1.2 0.0 -0.4 -1.0 -0.3 Manufactured Goods 16.4 100.9 100.8 -1.4 -0.1 -0.5 -0.8 -0.1 Nonmanufactured Goods 0.5 123.0 119.2 4.1 2.3 1.5 -6.7 -3.1 Japan 16.6 94.3 93.4 -5.5 -0.7 -0.6 -0.3 -1.0 5/ Asian Newly Industrialized Countries 10.9 96.3 96.4 -2.7 -0.4 -0.2 0.0 0.1 1 Regions are not mutually exclusive. 2 Data for January, February and March 1997 have been revised to reflect the availability of late reports and corrections by respondents. 3 Defined according to the Standard Census Definition. 4 Includes EU 15 countries 5 Includes Hong Kong, Singapore, South Korea, and Taiwan. Table 9 U.S. International Price Indexes and Percent Changes for Selected Categories of Services. March 1996-March 1997 1995 = 100, unless otherwise noted Index Percent Change Annual Quarterly Trade March March June Sept. Dec. Description (Mil. 1996 1996 1996 1996 1996 of Dec. March to to to to to Dollars) 1996 1997 March June Sept. Dec. March 1997 1996 1996 1996 1997 Air Freight (Inbound) 5495 95.0 89.5 -6.7 -0.8 0.5 -0.6 -5.8 Atlantic 1880 96.6 89.7 -5.5 -1.8 1.8 1.8 -7.1 Pacific 3151 94.0 89.8 -7.1 -0.5 -0.6 -1.7 -4.5 Air Freight (Outbound) 5835 99.2 99.8 0.7 0.3 -0.5 0.3 0.6 Atlantic 2080 99.0 99.9 1.8 0.8 -0.2 0.3 0.9 Pacific 3222 100.2 100.3 -0.4 0.0 -0.9 0.4 0.1 Air Passenger Fares (U.S. Carrier) 30673 101.6 99.8 1.5 6.1 2.9 -5.3 -1.8 1/ Atlantic 8811 99.6 97.3 1.6 13.4 6.0 -13.5 -2.3 1/ Pacific 15900 95.0 92.7 -6.0 1.7 -1.7 -3.7 -2.4 1/ Latin American / Caribbean 4542 102.9 105.1 2.2 -0.1 0.2 0.0 2.1 Canadian 1367 153.6 150.0 44.4 2.8 15.7 24.3 -2.3 Air Passenger Fares (Foreign Carrier) 31694 100.7 98.9 2.7 7.0 2.4 -4.5 -1.8 1/ Atlantic 13572 100.3 97.6 1.6 10.2 4.0 -8.9 -2.7 1/ Pacific 12570 94.2 92.3 -0.4 4.5 -2.6 -0.2 -2.0 1/ Latin American / Caribbean 4224 103.6 105.8 3.5 -0.1 1.3 0.2 2.1 1/ Crude Oil Tanker Freight (Inbound) (1990 = 100) 2153 122.1 n.a. n.a. -1.9 -11.0 8.1 n.a. Ocean Liner Freight (Inbound) 12253 98.4 97.6 -3.8 -1.9 -1.6 0.4 -0.8 U.S. East Coast 5410 101.7 99.8 -2.5 -0.9 -0.8 1.0 -1.9 from Atlantic 2647 101.4 99.4 -4.6 -1.6 -1.4 0.3 -2.0 from Pacific 1874 98.5 98.4 -0.7 -0.5 -0.2 0.1 -0.1 U.S. West Coast 6844 95.4 95.4 -5.4 -3.0 -2.5 0.0 0.0 from Pacific 6347 94.8 95.1 -5.5 -3.2 -2.5 -0.2 0.3 1 Detailed data available upon request. n.a. N Table 8 U.S. Import and Export Price Indexes and Percent Changes for Selected Categories of Services. March 1996-March 1997 1995 = 100, unless otherwise noted Index Percent Change Annual Quarterly Trade March March June Sept. Dec. Description (Mil. 1996 1996 1996 1996 1996 of Dec. March to to to to to Dollars) 1996 1997 March June Sept. Dec. March 1997 1996 1996 1996 1997 IMPORT Air Freight 3188 95.6 90.1 -8.4 -1.3 -0.3 -1.2 -5.8 Atlantic 1278 98.2 91.2 -7.9 -2.5 2.0 -0.2 -7.1 Pacific 1674 94.8 90.5 -8.5 -0.8 -1.4 -2.0 -4.5 Air Passenger Fares 11127 100.0 101.2 4.1 7.5 -1.4 -2.9 1.2 1/ Atlantic 4922 98.4 100.7 4.9 10.5 -0.3 -7.0 2.3 1/ Pacific 2340 99.0 98.1 2.3 5.7 -9.2 7.5 -0.9 1/ Latin American / Caribbean 3021 104.1 107.0 4.4 0.1 1.4 0.1 2.8 1/ Crude Oil Tanker Freight (1990 = 100) 1985 122.0 n.a. n.a. -1.4 -11.3 6.4 n.a. Ocean Liner Freight 9868 98.6 98.0 -4.0 -1.9 -1.3 -0.3 -0.6 U.S. East Coast 4271 101.7 100.5 -2.2 -1.1 -0.1 0.1 -1.2 from Atlantic 1952 102.9 100.4 -4.5 -2.2 0.2 -0.1 -2.4 from Pacific 1774 100.4 100.2 -0.4 -0.2 -0.2 0.2 -0.2 U.S. West Coast 5596 95.7 95.4 -6.0 -2.8 -2.4 -0.6 -0.3 from Pacific 5126 94.9 95.0 -6.2 -3.1 -2.5 -0.8 0.1 EXPORT Air Freight (12/96 = 100) 2562 100.0 98.5 n.a. n.a. n.a. n.a. -1.5 Air Passenger Fares 17272 99.7 96.7 -1.3 1.4 3.5 -3.1 -3.0 1/ Atlantic 4120 104.7 98.7 -0.5 5.7 8.3 -7.8 -5.7 1/ Pacific 10700 89.6 87.1 -9.4 -2.5 0.2 -4.6 -2.8 Latin American / Caribbean 1392 101.6 101.8 0.7 -1.1 0.8 0.8 0.2 Canadian 1006 145.8 146.2 41.7 4.5 7.1 26.3 0.3 1 Detailed data available upon request. n.a. N TECHNICAL NOTE Import and Export Merchandise and Services Price Indexes -- All indexes use a modified Laspeyres formula and are weighted with 1995 trade weights. The merchandise price indexes are published using three classifications: the Harmonized System (HS), the Bureau of Economic Analysis End Use System, and the Standard International Trade Classification (SITC) system, Rev. 3. Price indexes for internationally traded services are presented using two definitions: Balance of Payments (which represents transactions between U.S. and foreign residents) and International (which represents all transactions with U.S. importers or exporters, regardless of nationality). Published series use a base year of 1995=100 where possible. Net transaction price data are collected every month for over 20,000 products from over 6,000 companies and secondary sources. Indexes are not seasonally adjusted. More detailed index series and additional information may be obtained from the Division of International Prices, Bureau of Labor Statistics, 2 Massachusetts Avenue N.E., PSB 3955, Washington, DC 20212 or (202) 606-7155. Import Price Indexes -- Products have been classified by the 1995 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 1995 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. Import Indexes by Locality of Origin -- Prices used in these indexes are a subset of the data collected for the Import Price Indexes. Prior to January 1993, nonmanufactured goods were defined as SITC 0-4 and manufactured goods were defined as SITC 5-8. Beginning with January 1993, the indexes are defined by locality of origin using a nomenclature based upon the Standard Industrial Classification (SIC-based). Nonmanufactured goods are defined as SIC 0-1, and manufactured goods are defined as SIC 2-3. The indexes use 1995 weights and a base of 1995=100. Import, Export, and International Services Indexes -- Indexes are calculated on a quarterly basis. The figures for services indexes will not sum up to the aggregate dollar value because not all categories are shown in the tables. Revenue figures for air passenger indexes exclude frequent flyer tickets and those sold by consolidators. Indexes for crude oil tanker freight are calculated from data collected by the U. S. Department of Energy and the publication of these indexes is lagged one quarter. Revision policy -- Data are revised for the previous three months to reflect the availability of late reports and corrections by respondents. Uses of the Data -- The primary use of the indexes is to deflate trade statistics. For merchandise trade, the End Use classification system is the structure used by the U.S. Department of Commerce in the construction of the foreign trade sector of the National Income and Product Accounts. Indexes published using the Harmonized System and the Standard International Trade Classification, Rev. 3, both international structures, are useful for general market analysis. For trade in international services, Balance of Payments indexes are used for deflating National Accounts data, while International indexes are more appropriate for market analysis. Merchandise and services indexes also can be used to study U.S. competitiveness and price elasticities, and the merchandise import indexes by country or region of origin are useful for terms of trade analysis. The import and export news release contains monthly price indexes at the two-digit level of detail. If you would like to be added to the mailing list for more detailed index and percent change tables, please fill out the form below and mail or fax it to the following address: Division of International Prices Bureau of Labor Statistics PSB Building, Rm. 3955 2 Massachusetts Avenue, N.E. Washington, DC 20212 Phone Number: (202) 606-7155 Fax Number: (202) 606-7179 IPP Order Form Please add my name to the mailing list for the following publications. 1. Monthly News Release ______ 2. Harmonized System Indexes ______ 3. SITC Indexes ______ 4. 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