Import prices up again in June
July 14, 2008
Import prices rose 2.6 percent in June 2008. The increase followed a 2.6-percent advance in May and was led by a continuing rise in petroleum prices. Import prices advanced 20.5 percent over the past year, which was the largest year-over-year rise since the index was first published in September 1982.
Higher petroleum prices continued to be the major contributor to the advance in overall import prices, increasing 7.4 percent in June after rising 8.9 percent, 7.9 percent, and 10.1 percent respectively, in the prior three months.
Petroleum prices rose 78.6 percent for the year ended in June, the largest 12-month advance since the index increased 82.5 percent between February 2002 and February 2003.
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 -- June 2008," (PDF) (HTML) news release USDL 08-0943.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Import prices up again in June on the Internet at http://www.bls.gov/opub/ted/2008/jul/wk2/art01.htm (visited September 30, 2014).
Three recent editions of Spotlight on Statistics
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.
BLS Statistics by Occupation provides an overview of occupational employment and wages with an emphasis on STEM jobs and occupational data by typical entry-level education required.