Import prices, May 2008
June 13, 2008
The U.S. Import Price Index rose 2.3 percent in May, following advances of 2.4 percent in April and 3.0 percent in March.
Higher petroleum prices continued to be a major contributor to the advance in overall import prices, increasing 7.8 percent in May after rising 5.9 percent and 9.8 percent, respectively, in the prior two months.
Nonpetroleum prices also increased in May, although the 0.5-percent advance was modest compared to the 1.3-percent increase in April and the 1.2-percent rise in March.
Import prices advanced 17.8 percent over the past year, which was the largest over-the-year rise since the index was first published in September 1982.
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 -- May 2008," (PDF) (HTML) news release USDL 08-0789.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Import prices, May 2008 on the Internet at http://www.bls.gov/opub/ted/2008/jun/wk2/art05.htm (visited December 04, 2016).
Recent editions of Spotlight on Statistics
Workplace injuries and illnesses and employer costs for workers’ compensation
Workplace injury and illness data and the costs to employers for workers’ compensation in natural resources, construction, and maintenance occupations.
A look at the future of the U.S. labor force to 2060
Projected long-term trends in the growth, size, and composition of the labor force.
Union membership in the United States
Historical trends in union membership among employed wage and salary workers; union membership by a variety of demographic characteristics.
A look at healthcare spending, employment, pay, benefits, and prices
Spending on healthcare, current and projected employment in the industry, employer-provided healthcare benefits, healthcare prices, and pay for workers in healthcare occupations.
Self-employment in the United States
Trends in self-employment by various demographic and socioeconomic characteristics, including both the unincorporated and the incorporated self-employed, as well as data on paid employees who work for the self-employed.