Import prices down in November

December 13, 2002

The U.S. Import Price Index decreased 1.0 percent in November, after showing no change in October. The decline was attributable to falling petroleum prices.

Over-the-month percent change in price index for imports, November 2001–November 2002 (not seasonally adjusted)
[Chart data—TXT]

Led by a decline in petroleum prices, the index for all imports fell 1.0 percent in November – the first monthly decline since June and the second decrease in 2002. The petroleum index, which had increased in 9 of the previous 10 months, declined 10.0 percent in November. Last month’s decrease was the largest since the index dropped 13.1 percent in November 2001. In contrast, the price index for nonpetroleum imports edged up 0.1 percent in November, after dipping 0.1 percent in October.

The Export Price Index rose 0.1 percent in November, after decreasing the same amount in the previous month.

These data are a product of the BLS International Price program. Learn more in "U.S. Import and Export Price Indexes - November 2002" (PDF) (TXT), news release USDL 02-675.


Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Import prices down in November on the Internet at (visited September 26, 2016).


Recent editions of Spotlight on Statistics

  • A look at healthcare spending, employment, pay, benefits, and prices
    As one of the largest U.S. industries, healthcare is steadily growing to meet the needs of an increasing population with an increasing life expectancy. This Spotlight looks at how much people spend on healthcare, current and projected employment in the industry, employer-provided healthcare benefits, healthcare prices, and pay for workers in healthcare occupations.

  • Employment and Wages in Healthcare Occupations
    Healthcare occupations are a significant percentage of U.S. employment. Some of the largest and highest paying occupations are in healthcare. This Spotlight examines employment and wages for healthcare occupations.

  • Fifty years of looking at changes in peoples lives
    Longitudinal surveys help us understand long-term changes, such as how events that happened when a person was in high school affect labor market success as an adult.