Import and export prices, September 2011

October 18, 2011

Over the 12-month period from September 2010 to September 2011, import prices rose 13.4 percent and export prices rose 9.5 percent.

12-month percent change in the Import and Export Price Indexes, September 2010–September 2011
[Chart data]

The increase in import prices was led by a 43.4-percent rise in fuel prices over the past year, as well as a 5.5-percent advance in nonfuel prices. Petroleum prices increased 45.9 percent over the past 12 months, and natural gas prices rose 9.2 percent.

Despite increasing in August (9.6 percent) and September (9.5 percent), the 12-month increase in overall export prices is less than the recent peak of 10.1 percent recorded in June 2011. Prices for agricultural exports increased 22.9 percent over the past year, while prices for nonagricultural exports rose 8.0 percent.

These data are from the BLS International Price program. Import and export price data are subject to revision. To learn more, see "U.S. Import and Export Price Indexes — September 2011" (HTML) (PDF), news release USDL-11-1470.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Import and export prices, September 2011 on the Internet at http://www.bls.gov/opub/ted/2011/ted_20111018.htm (visited September 29, 2016).

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