Import prices in June 2007

July 16, 2007

The U.S. Import Price Index advanced 1.0 percent in June, the fifth consecutive increase for the index. Petroleum prices were also up for the fifth month in a row.

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

After declining at the end of 2006, the price index for import petroleum rose 28.1 percent from January through June. However, the index was only up 2.1 percent over the past year, compared to a 33.7-percent increase over the 12 months ended in June 2006.

Nonpetroleum prices also advanced in June, rising 0.2 percent after advancing 0.5 percent in May. Prices for nonpetroleum imports increased 2.6 percent for the year ended in June, while overall import prices rose 2.3 percent for the same period.

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 2007" (PDF) (TXT), news release USDL 07-1033.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Import prices in June 2007 on the Internet at http://www.bls.gov/opub/ted/2007/jul/wk3/art01.htm (visited September 30, 2016).

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