Import prices down again in March 2006
April 14, 2006
The U.S. Import Price Index decreased 0.4 percent in March following a similar 0.5-percent drop in February.
The price indexes for both nonpetroleum and petroleum imports contributed to the overall decline in import prices, but excluding all fuels, import prices actually increased a modest 0.1 percent.
Petroleum prices fell 0.7 percent in March, the fifth decline in the past six months. Despite the recent trend, however, the price index of petroleum imports rose 22.6 percent over the year ended in March.
Nonpetroleum prices decreased 0.3 percent in March, driven down in part by a sharp decline in natural gas prices. Over the past 12 months, prices of nonpetroleum imports increased 1.1 percent while overall import prices advanced 4.5 percent.
Export prices rose 0.2 percent in March after ticking up 0.1 percent the previous month.
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 - March 2006" (PDF) (TXT), news release USDL 06-639.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Import prices down again in March 2006 on the Internet at http://www.bls.gov/opub/ted/2006/apr/wk2/art05.htm (visited March 31, 2015).
Three recent editions of Spotlight on Statistics
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.
Women veterans in the labor force examines the demographic, employment, and unemployment characteristics of women veterans.