Import prices in April 2008

May 14, 2008

The U.S. Import Price Index increased 1.8 percent in April. The 1.8-percent rise followed increases of 2.9 percent, 0.2 percent, and 1.5 percent in March, February, and January, respectively.

Over-the-month percent change in price index for imports, April 2007-April 2008 (not seasonally adjusted)
[Chart data—TXT]

Petroleum prices advanced 4.4 percent in April after a 9.2-percent rise in March. Prices for petroleum rose 57.2 percent for the year ended in April following a 1.1-percent drop over the previous 12-month period.

Nonpetroleum prices increased 1.1 percent for the second consecutive month, matching the largest one-month increase for the index since nonpetroleum prices were first published on a monthly basis in December 1988.

The price indexes for overall imports and nonpetroleum imports advanced 15.4 percent and 6.2 percent, respectively, during 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 -- April 2008" (PDF) (HTML), news release USDL 08-0663.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Import prices in April 2008 on the Internet at http://www.bls.gov/opub/ted/2008/may/wk2/art03.htm (visited July 28, 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.