Import and export prices in August 2011
September 16, 2011
Import prices declined 0.4 percent in August, led by a 1.8-percent decrease in fuel prices; in contrast, prices for exports rose 0.5 percent after declining 0.4 percent in July.
Import prices for petroleum dropped 2.1 percent in August, which more than offset a 3.3-percent advance in the price index for natural gas. Petroleum and natural gas prices each increased over the past 12 months, rising 43.5 percent and 8.0 percent, respectively. Nonfuel prices advanced 0.2 percent for the second consecutive month and 5.3 percent for the year ended in August 2011.
Higher prices for agricultural and nonagricultural exports each contributed to the advance in export prices in August. Overall export prices increased 9.6 percent for the 12 months ended in August 2011.
These data are from the BLS International Price program. Import and export price data are subject to revision. For more information, see “U.S. Export and Import Price Indexes — August 2011” (HTML) (PDF), news release USDL-11-1325.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Import and export prices in August 2011 on the Internet at http://www.bls.gov/opub/ted/2011/ted_20110916.htm (visited May 27, 2015).
Recent editions of Spotlight on Statistics
New estimates of personal taxes in Consumer Expenditure Survey
In 2013, the Consumer Expenditure Survey improved its personal tax data.
Trends in long-term unemployment
Long-term unemployment reached historically high levels following the recession of 2007–2009.
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.