Import prices down in June
July 15, 2004
The U.S. Import Price Index declined 0.2 percent in June. The decrease was the first since September 2003 and was led by lower petroleum prices.
Prices for petroleum fell 1.0 percent last month after rising 9.4 percent in May, the largest monthly gain for the index since February 2003. Prices for petroleum imports were up 34.3 percent over the past year.
Nonpetroleum import prices were unchanged in June 2004, the first month since October 2003 that these prices did not increase. For the year ended in June, prices for nonpetroleum imports were up 2.4 percent and overall import prices rose 5.6 percent.
Export prices fell 0.6 percent in June, as both agricultural and nonagricultural prices contributed to the decline. The price index for agricultural exports fell 4.6 percent in June, marking the first monthly decline since August 2003 and the largest decrease since September 1996. Nonagricultural prices fell in June by 0.1 percent.
These data are from the BLS International Price program. Import and export price data are subject to revision. Learn more in "U.S. Import and Export Price Indexes - June 2004" (PDF) (TXT), news release USDL 04-1306.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Import prices down in June on the Internet at http://www.bls.gov/opub/ted/2004/jul/wk2/art04.htm (visited September 27, 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.