February rise in import prices largest since 1990
March 16, 2000
The U.S. Import Price Index rose 1.9 percent in February. The increase—the largest since October 1990—was primarily led by higher prices for imported petroleum products.
Prices for petroleum imports surged 13.9 percent in February, the largest monthly jump in this component since last April. Non-petroleum import prices rose 0.3 percent in February.
Overall, import prices have risen 9.0 percent for the year ended February. The petroleum index has increased for twelve consecutive months and has advanced 168.4 percent over the past year. In contrast, the non-petroleum index increased 0.1 percent during the February 1999-2000 period.
These data are a product of the BLS International Price program. Learn more in "U.S. Import and Export Price Indexes - February 2000," news release USDL 00-76. Note: import price data are subject to revision in each of the three months after original publication.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, February rise in import prices largest since 1990 on the Internet at http://www.bls.gov/opub/ted/2000/mar/wk2/art04.htm (visited July 06, 2015).
Recent editions of Spotlight on Statistics
New estimates of personal taxes in Consumer Expenditure Survey
In 2013, the Consumer Expenditure Survey improved its personal tax data.
Trends in long-term unemployment
Long-term unemployment reached historically high levels following the recession of 2007–2009.
Housing: before, during, and after the Great Recession
looks at consumer expenditures on household items, employment in residential construction, prices for household items, and injuries in occupations involved in building and maintaining our homes.