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 Originally Published December 13, 2007
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Import prices in November
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The U.S. Import Price Index increased 2.7 percent in November 2007.

Over-the-month percent change in price index for imports, November 2006-November 2007 (not seasonally adjusted)
[Chart data—TXT]

The increase was the largest monthly advance since October 1990 and was led by a 9.8-percent rise in petroleum prices. 

Over the past 12 months, the price index for petroleum imports was up 53.0 percent, while overall import prices increased 11.4 percent, the largest annual advance since the index was first published in September 1982.

While the rise in petroleum prices was the largest contributor to the November increase, nonpetroleum prices also advanced, rising 0.7 percent. The increase in nonpetroleum prices in November followed a 0.5-percent rise in October. Nonpetroleum prices advanced 3.0 percent over the past year.

These data are from the BLS International Price program. Import price data are subject to revision. Learn more in "U.S. Import and Export Price Indexes -- November 2007" (PDF) (TXT), news release USDL 07-1884.

40 Best of The Editor's Desk is now available in print! This publication features 40 of the best The Editor's Desk (TED) articles from 2006. To obtain a free copy, you can send email to ted@bls.gov with your mailing address included in your request; or mail a request to the Office of Publications and Special Studies, U.S. Department of Labor, Bureau of Labor Statistics, Washington, D.C., 20212; or call 202-691-5200.

 

The Bureau of Labor Statistics is an agency within the U.S. Department of Labor.

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Last Updated: January 11, 2008