Import prices in 2006

January 16, 2007

Import prices increased for the fifth straight year in 2006. The price index for overall imports advanced 2.5 percent in 2006, after more substantial increases of 8.0 percent and 6.7 percent in 2005 and 2004, respectively.

Over-the-year percent change in price index for imports, 2001– 2006 (December to December)
[Chart data—TXT]

The petroleum price index rose 6.2 percent overall in 2006, the fifth consecutive year the index advanced, but the smallest annual increase over that period.

Prices for nonpetroleum imports rose 1.7 percent over the past 12 months after advancing 2.4 percent and 3.7 percent in 2005 and 2004, respectively.

These data are from the BLS International Price program. Over-the-year changes in this article are December to December. Import price data are subject to revision. Learn more in "U.S. Import and Export Price Indexes -December 2006" (PDF) (TXT), news release USDL 07-0022.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Import prices in 2006 on the Internet at http://www.bls.gov/opub/ted/2007/jan/wk3/art01.htm (visited August 26, 2016).

OF INTEREST

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.