Import prices in May
June 14, 2004
Import prices rose 1.6 percent in May, the eighth consecutive monthly advance and the largest one-month rise since February 2003.
The increase was led by a 10.3-percent jump in petroleum prices, which had risen for 6 consecutive months prior to a 0.4-percent decline in April. Over the past 12 months, the price index for petroleum imports was up 43.9 percent, while overall import prices rose 7.0 percent.
Prices for nonpetroleum imports continued a modest upward trend in May, up 0.4 percent, compared with increases of 0.2 percent to 0.4 percent in five of the preceding six months. For the year ended in May, nonpetroleum imports were up 3.0 percent.
Export prices rose 0.3 percent in May, compared with increases of 0.7 percent or more in each of the preceding four months.
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 - May 2004" (PDF) (TXT), news release USDL 04-1026.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Import prices in May on the Internet at http://www.bls.gov/opub/ted/2004/jun/wk3/art01.htm (visited December 08, 2016).
Recent editions of Spotlight on Statistics
Workplace injuries and illnesses and employer costs for workers’ compensation
Workplace injury and illness data and the costs to employers for workers’ compensation in natural resources, construction, and maintenance occupations.
A look at the future of the U.S. labor force to 2060
Projected long-term trends in the growth, size, and composition of the labor force.
Union membership in the United States
Historical trends in union membership among employed wage and salary workers; union membership by a variety of demographic characteristics.
A look at healthcare spending, employment, pay, benefits, and prices
Spending on healthcare, current and projected employment in the industry, employer-provided healthcare benefits, healthcare prices, and pay for workers in healthcare occupations.
Self-employment in the United States
Trends in self-employment by various demographic and socioeconomic characteristics, including both the unincorporated and the incorporated self-employed, as well as data on paid employees who work for the self-employed.