Technical Information: Jim Thomas (202) 606-7155 USDL-99-38 Bill Alterman (202) 606-7108 Transmission of This Media contact Material is Embargoed Kathryn Hoyle (202) 606-5902 Until: 10:00 A.M. E.S.T. Internet Address:http://stats.bls.gov/ipphome.htm Wednesday,February 17,1999 U.S. IMPORT AND EXPORT PRICE INDEXES -JANUARY 1999- The U.S. Import Price Index increased 0.2 percent in January, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. A turnaround in the price index for petroleum led the increase; the price index for imports had declined 0.8 percent and 0.5 percent in December and November, respectively. The U.S. Export Price Index was unchanged in January, after falling 0.1 percent in December. Percent changes in import and export price indexes by End Use category - not seasonally adjusted - IMPORTS EXPORTS Month Non- Agri- Nonagri- All Petroleum petroleum All cultural cultural Imports Imports Imports Exports Exports Exports 1998 January -1.3 -10.0 -0.6 -0.7 -2.7 -0.4 February -0.9 -6.5 -0.4 -0.3 -1.5 -0.2 March -0.8 -9.0 -0.3 -0.3 -0.5 -0.3 April -0.3 0.4 -0.3 -0.4 -1.6 -0.2 May -0.1 0.5 -0.2 0.1 1.0 -0.1 June -0.6 -4.4 -0.4 -0.5 0.0 -0.5 July -0.9 -5.4 -0.4 -0.3 0.3 -0.4 August -0.4 -0.6 -0.4 -0.5 -4.1 -0.1 September 0.2 6.4 -0.2 -0.5 -2.9 -0.2 October 0.2 2.3 r 0.1 -0.1 0.1 -0.1 November -0.5 -9.7 r 0.1 0.2 1.7 0.0 December -0.8 r -12.7 r -0.1 r -0.1 0.6 r -0.1 r 1999 January 0.2 1.7 0.1 0.0 0.2 -0.1 January 1997-98 -6.2 -33.3 -3.1 -1.9 -5.7 -1.4 January 1998-99 -4.7 -32.6 -2.5 -2.8 -6.6 -2.4 r = revised to reflect late reports and corrections by respondents. Import Goods Prices for all U.S. imports rose 0.2 percent last month, but were down 4.7 percent for the 12 months ended in January. Petroleum prices increased 1.7 percent in January after falling 21.2 percent over the prior two months. Over the January 1998-1999 period, petroleum prices fell 32.6 percent, following a similar decline of 33.3 percent over the January 1997-1998 period. The index for nonpetroleum import prices also increased in January, rising 0.1 percent after declining the same amount in December. Over the past 12 months, this index fell 2.5 percent, compared with a 3.1 percent decline over the January 1997-98 period. Prices in all the major commodity areas of nonpetroleum imports were unchanged or increased in January. The indexes for industrial supplies and materials, excluding petroleum, and consumer goods, excluding automotives, had the largest impact, both increasing 0.2 percent in January after both decreased in December. The index for foods, feeds, and beverages also rose in January, up 0.6 percent after increasing 1.2 percent in December. In addition, prices for automotive vehicles, parts and engines increased for the fourth consecutive month, edging up 0.1 percent in January. The index for capital goods, however, was unchanged for the fourth consecutive month. In each of the past 19 months this index has either posted no change or declined. Export Goods Prices for U.S. exports were unchanged on average in January as increasing prices for agricultural exports offset declining prices for nonagricultural exports. For the 12 months ended in January, export prices were down 2.8 percent. The price index for agricultural exports, up 0.2 percent in January, rose for the fourth consecutive month. Despite the recent gains, the index was still down 6.6 percent over the past 12 months, following a drop of 5.7 percent over the January 1997-98 period. In contrast, nonagricultural export prices, which have shown little movement in the past few months, fell 0.1 percent last month. This index has not posted a monthly increase since June 1997. For the year ended in January, nonagricultural export prices fell 2.4 percent, compared with a 1.4 percent decline over the January 1997-98 period. January declines in the price indexes for nonagricultural industrial supplies and materials, capital goods, and consumer goods all contributed to the overall decline in nonagricultural export prices. The price index for nonagricultural industrial supplies and materials posted a second consecutive drop of 0.2 percent; for the year ended in January, the index was down 5.8 percent. Capital goods prices fell 0.1 percent in January after posting a 0.1 percent increase in the prior month. Over the past 12 months, the index was down 1.7 percent. Prices for exported consumer goods decreased 0.1 percent in January and were down 0.7 percent over the January 1998-99 period. In contrast, the index for exported automotive vehicles rose 0.1 percent in January after declining 0.1 percent in December. For the year ended in January, this index was up 0.6 percent. Imports by Locality of Origin Continuing a recent turnaround, the price index for imports from Japan rose for the third consecutive month, edging up 0.1 percent in January after gaining 0.2 percent in December and 1.3 percent in November. Despite the recent gains, the price index for imports from Japan fell 1.8 percent over the past year. The price index for imports from the European Union also rose in January, up 0.3 percent after falling 0.6 percent in December. For the year ended in January, the index rose 0.2 percent. In January, the import price indexes for Canada and Latin America were both up 0.2 percent, as gains recorded for nonmanufactured goods outweighed declines for manufactured goods. Both indexes declined in each of the previous two months and were down over the past year 2.5 percent and 6.9 percent, respectively. In contrast, prices for imports from the Asian Newly Industrialized Countries continued to slide in January, falling 0.5 percent. This index has decreased in each of the past 17 months and was down 7.8 percent for the year ended in January. CONTENTS OF RELEASE This news release includes the following tables: Table 1 Import Price Indexes, by End Use.....page 4 Table 2 Export Price Indexes, by End Use.....page 5 Table 3 Import Price Indexes, by SITC.....pages 6-7 Table 4 Export Price Indexes, by SITC.....pages 8-9 Table 5 Import Price Indexes, by Harmonized System.....pages 10-11 Table 6 Export Price Indexes, by Harmonized System.....pages 12-13 Table 7 Import Price Indexes, by Locality of Origin.....page 14 Table 8 U.S. Import and Export Price Indexes for Services.....page 15 Table 9 U.S. International Price Indexes for Services.....page 16 ------------------------------------------------------------------- Import and Export Price Index data for February are scheduled for release on March 11 at 10:00 a.m.(EST). Table 1 U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods January 1998-January 1999 1995=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance Jan. Sept. Oct. Nov. Dec. END Description 1998 1998 1998 1998 1998 USE DecemberDecember January to to to to to 1998 1998 1999 Jan. Oct. Nov. Dec. Jan. 1/ 2/ 1999 1998 1998 1998 1999 ALL COMMODITIES.............................. 100.000 90.6 90.8 -4.7 0.2 -0.5 -0.8 0.2 ALL IMPORTS EXCLUDING PETROLEUM.............. 94.838 92.8 92.9 -2.5 0.1 0.1 -0.1 0.1 0 FOODS, FEEDS, & BEVERAGES................... 4.976 96.2 96.8 -0.9 1.0 -1.3 1.2 0.6 00 Agricultural foods, feeds & beverages, excluding distilled beverages.......... 3.538 93.9 94.5 -0.8 1.4 -1.3 2.3 0.6 01 Nonagricultural foods (fish, distilled beverages)............................. 1.438 102.1 102.6 -1.3 0.4 -1.3 -1.6 0.5 1 INDUSTRIAL SUPPLIES & MATERIALS............. 23.762 82.1 82.5 -12.8 0.2 -2.4 -3.3 0.5 INDUSTRIAL SUPPLIES & MATERIALS EXCLUDING PETROLEUM................. 18.600 90.8 91.0 -4.8 -0.5 0.2 -0.4 0.2 INDUSTRIAL SUPPLIES & MATERIALS, DURABLE............................. 9.765 91.2 91.6 -4.8 -1.0 -0.4 -0.1 0.4 INDUSTRIAL SUPPLIES & MATERIALS, NONDURABLE EXCLUDING PETROLEUM...... 8.835 90.2 90.3 -4.9 0.1 0.8 -0.8 0.1 10 Fuels & lubricants......................... 6.414 66.2 67.7 -27.9 1.9 -7.7 -10.1 2.3 100 Petroleum & petroleum products............ 5.162 59.9 60.9 -32.6 2.3 -9.7 -12.7 1.7 1000 Crude................................... 3.842 56.1 58.6 -33.5 2.5 -11.9 -14.7 4.5 11 Paper & paper base stocks.................. 1.849 78.7 78.6 -4.6 0.2 -0.1 -1.7 -0.1 12 Materials associated with nondurable supplies & materials................... 5.952 88.0 87.3 -5.8 0.1 0.6 -1.2 -0.8 13 Selected building materials................ 2.167 102.8 104.8 -0.2 -3.3 0.6 1.2 1.9 14 Unfinished metals associated with durable goods.......................... 4.407 86.9 86.8 -7.7 -0.3 -1.4 -0.6 -0.1 15 Finished metals associated with durable goods.................................. 1.491 92.2 92.2 -3.0 -0.3 -0.1 -0.6 0.0 16 Nonmetals associated with durable goods.... 1.482 88.5 89.0 -5.0 -0.4 0.1 -0.1 0.6 2 CAPITAL GOODS............................... 28.617 84.5 84.5 -4.2 0.0 0.0 0.0 0.0 20 Electric & electrical generating equipment.............................. 3.487 93.7 93.5 -2.1 0.3 0.6 0.2 -0.2 21 Nonelectrical machinery.................... 23.286 81.5 81.5 -4.9 -0.1 0.0 0.0 0.0 3 AUTOMOTIVE VEHICLES, PARTS & ENGINES........ 19.197 101.3 101.4 0.1 0.2 0.3 0.2 0.1 4 CONSUMER GOODS, EXCLUDING AUTOMOTIVES............................ 23.448 97.9 98.1 -0.9 0.3 0.1 -0.3 0.2 40 Nondurables, manufactured.................. 11.723 100.8 100.9 -0.1 0.3 0.1 -0.4 0.1 41 Durables, manufactured..................... 10.587 95.0 95.2 -1.8 0.3 0.3 -0.3 0.2 42 Nonmanufactured consumer goods............. 1.138 97.1 97.7 -1.2 0.1 -1.0 0.4 0.6 1 Relative importance figures are based on n.a. Not available 1995 trade values. 2 Data for October, November and December 1998 have been revised to reflect the availability of late reports and corrections by respondents. All data are subject to revision in each of the three months after original publication. NOTE: Published categories may include price data not shown separately Table 2 U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods January 1998-January 1999 1995=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance Jan. Sept. Oct. Nov. Dec. END Description 1998 1998 1998 1998 1998 USE DecemberDecember January to to to to to 1998 1998 1999 Jan. Oct. Nov. Dec. Jan. 1/ 2/ 1999 1998 1998 1998 1999 ALL COMMODITIES.............................. 100.000 94.8 94.8 -2.8 -0.1 0.2 -0.1 0.0 AGRICULTURAL COMMODITIES..................... 9.772 89.1 89.3 -6.6 0.1 1.7 0.6 0.2 NONAGRICULTURAL COMMODITIES.................. 90.227 95.5 95.4 -2.4 -0.1 0.0 -0.1 -0.1 0 FOODS, FEEDS, & BEVERAGES................... 8.904 91.2 91.5 -5.6 0.6 2.3 0.7 0.3 00 Agricultural foods, feeds & beverages, excluding distilled beverages.......... 8.122 91.0 91.3 -6.5 0.5 2.6 0.8 0.3 01 Nonagricultural foods (fish, distilled beverages)............................. 0.782 94.9 96.0 5.6 1.3 -0.3 -0.9 1.2 1 INDUSTRIAL SUPPLIES & MATERIALS............. 24.223 87.1 87.0 -5.7 -0.7 0.0 -0.3 -0.1 INDUSTRIAL SUPPLIES & MATERIALS, DURABLE............................. 9.483 88.5 88.5 -4.0 -0.3 0.0 -0.4 0.0 INDUSTRIAL SUPPLIES & MATERIALS, NONDURABLE.......................... 14.739 86.3 86.0 -6.9 -0.9 -0.1 -0.1 -0.3 10 Agricultural industrial supplies & materials.............................. 1.650 82.7 82.4 -6.7 -1.6 -2.0 -0.2 -0.4 NONAGRICULTURAL INDUSTRIAL SUPPLIES & MATERIALS............................ 22.572 87.5 87.3 -5.8 -0.6 0.0 -0.2 -0.2 11 Fuels & lubricants......................... 2.132 92.8 92.7 -13.4 1.4 -0.3 -1.2 -0.1 12 Nonagricultural supplies & materials excluding fuels & building materials... 18.945 86.0 85.9 -5.0 -0.8 0.1 -0.2 -0.1 13 Selected building materials................ 1.495 86.6 86.4 -3.0 0.0 -0.3 0.1 -0.2 2 CAPITAL GOODS............................... 44.539 97.2 97.1 -1.7 0.0 -0.1 0.1 -0.1 20 Electric & electrical generating Equipment.............................. 4.491 99.5 99.0 -2.7 -0.1 -0.3 -0.2 -0.5 21 Nonelectrical machinery.................... 34.340 93.8 93.6 -2.3 0.0 -0.2 0.1 -0.2 3 AUTOMOTIVE VEHICLES, PARTS & ENGINES........ 10.105 102.8 102.9 0.6 0.4 0.1 -0.1 0.1 4 CONSUMER GOODS, EXCLUDING AUTOMOTIVES............................ 12.229 101.9 101.8 -0.7 0.1 0.0 -0.2 -0.1 40 Nondurables, manufactured.................. 6.465 101.9 101.9 -0.3 0.2 0.1 -0.4 0.0 41 Durables, manufactured..................... 5.178 100.7 100.6 -1.1 0.0 -0.1 -0.1 -0.1 1 Relative importance figures are based on n.a. Not available 1995 trade values. 2 Data for October, November and December 1998 have been revised to reflect the availability of late reports and corrections by respondents. All data are subject to revision in each of the three months after original publication. NOTE: Published categories may include price data not shown separately Table 3 U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods, January 1998-January 1999 1995=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance Jan. Sept. Oct. Nov. Dec. SITC Description 1998 1998 1998 1998 1998 Rev. 3 DecemberDecember January to to to to to 1998 1998 1999 Jan. Oct. Nov. Dec. Jan. 1/ 2/ 1999 1998 1998 1998 1999 ALL COMMODITIES.............................. 100.000 90.6 90.8 -4.7 0.2 -0.5 -0.8 0.2 0 FOOD AND LIVE ANIMALS....................... 4.233 96.8 97.6 -1.6 1.6 -1.2 1.0 0.8 01 Meat and meat preparations................. 0.340 91.8 91.9 -9.3 -1.7 -0.7 -3.2 0.1 03 Fish, crustaceans, aquatic invertebrates and preparations thereof................ 1.063 100.1 100.9 -4.3 0.5 -1.8 -2.2 0.8 05 Vegetables, fruit and nuts, fresh or dried.......................... 1.320 116.6 117.8 14.5 6.9 -3.9 6.4 1.0 07 Coffee, tea, cocoa, spices and manufactures thereof.................... 0.565 75.0 76.2 -19.5 -4.5 0.9 0.5 1.6 3/ Other food and live animals (9612=100)....... 0.945 93.3 93.6 -2.3 1.2 1.8 -0.9 0.3 1 BEVERAGES AND TOBACCO....................... 0.926 109.9 110.4 1.3 0.2 -0.2 0.2 0.5 11 Beverages.................................. 0.780 106.6 106.7 1.2 0.2 -0.2 0.2 0.1 2 CRUDE MATERIALS, INEDIBLE, EXCEPT FUELS..... 2.799 84.1 84.6 -7.4 -2.0 -1.1 1.2 0.6 24 Cork and wood.............................. 1.050 106.9 109.0 -0.6 -4.5 0.3 4.0 2.0 25 Pulp and waste paper....................... 0.345 57.8 57.8 -15.4 -2.8 -1.9 -0.3 0.0 28 Metalliferous ores and metal scrap......... 0.611 92.8 91.0 -9.3 0.3 -0.4 0.0 -1.9 29 Crude animal and vegetable materials, n.e.s. (9612=100)....................... 0.276 99.4 103.4 -4.8 -1.3 -6.6 2.6 4.0 3/ Other crude materials, inedible, except fuels (9612=100).......................... 0.331 85.5 84.6 -11.1 -0.3 -1.4 0.0 -1.1 3 MINERAL FUELS, LUBRICANTS AND RELATED MATERIALS................................ 6.118 65.3 67.1 -28.2 1.8 -7.7 -10.3 2.8 33 Petroleum, petroleum products and related materials....................... 4.858 59.2 60.5 -32.6 2.3 -10.0 -13.1 2.2 34 Gas, natural and manufactured.............. 1.128 113.4 118.9 -6.7 -0.6 4.0 3.1 4.9 5 CHEMICALS AND RELATED PRODUCTS, N.E.S....... 5.692 91.2 90.9 -3.5 0.0 0.5 -1.2 -0.3 51 Organic chemicals.......................... 1.604 90.0 89.7 -4.3 -0.4 0.8 -1.7 -0.3 52 Inorganic chemicals........................ 0.668 90.9 90.4 -3.9 0.6 0.4 -4.2 -0.6 53 Dyeing, tanning and coloring materials..... 0.309 96.5 94.3 -1.0 1.3 1.4 -0.8 -2.3 54 Medicinal and pharmaceutical products...... 0.972 95.7 95.9 -0.5 0.1 1.3 -0.2 0.2 55 Essential oils; polishing and cleansing preps................................... 0.337 95.2 94.5 -1.8 1.3 0.3 -0.1 -0.7 57 Plastics in primary forms.................. 0.391 91.1 92.5 0.1 -0.9 0.1 0.2 1.5 58 Plastics in nonprimary forms............... 0.506 74.1 73.6 -10.9 -0.1 0.5 -0.4 -0.7 59 Chemical materials and products, n.e.s..... 0.678 99.1 98.7 -4.1 -1.4 0.0 -0.1 -0.4 6 MANUFACTURED GOODS CLASSIFIED CHIEFLY BY MATERIAL.............................. 12.857 91.7 91.8 -3.6 0.0 -0.2 -0.9 0.1 62 Rubber manufactures, n.e.s................. 0.764 94.4 94.6 -0.6 0.0 0.4 -0.3 0.2 63 Cork and wood manufactures other than furniture............................... 0.577 95.2 98.7 1.4 -1.0 2.5 -2.1 3.7 64 Paper, paperboard, and articles of paper pulp, paper or paper board........ 1.683 86.1 85.6 -2.3 0.5 0.2 -1.7 -0.6 65 Textile yarn, fabrics, made-up articles, n.e.s., and related prod...... 1.469 96.4 96.2 -2.7 -0.2 0.2 -0.3 -0.2 66 Nonmetallic mineral manufactures, n.e.s................................... 2.262 100.6 100.7 -0.6 0.4 0.2 -0.1 0.1 67 Iron and steel............................. 1.995 87.4 86.9 -9.5 -0.7 -1.0 -1.4 -0.6 68 Nonferrous metals.......................... 1.849 83.0 83.0 -8.3 -0.5 -2.4 -1.0 0.0 69 Manufactures of metals, n.e.s.............. 2.085 96.6 97.0 -0.9 0.2 0.5 -0.7 0.4 7 MACHINERY AND TRANSPORT EQUIPMENT........... 48.461 91.3 91.3 -2.5 0.1 0.2 0.1 0.0 71 Power generating machinery and equipment (9612=100).................... 3.170 97.9 97.9 -2.0 0.0 0.5 0.2 0.0 72 Machinery specialized for particular industries.............................. 2.875 98.4 98.5 -0.2 1.1 0.9 -0.3 0.1 73 Metalworking machinery..................... 0.882 97.6 97.5 -0.6 0.8 0.6 -0.4 -0.1 74 General industrial machinery, equipment, & machine parts, n.e.s....... 3.707 98.4 98.6 1.5 1.2 0.9 -0.3 0.2 75 Computer equipment and office machines..... 6.477 66.7 66.5 -11.9 -2.2 -0.9 0.2 -0.3 76 Telecommunications & sound recording & reproducing apparatus & equipment..... 4.668 88.2 88.2 -3.5 -0.6 0.1 -0.3 0.0 77 Electrical machinery and equipment......... 9.768 84.3 84.0 -2.6 0.7 0.2 0.4 -0.4 78 Road vehicles.............................. 15.791 101.5 101.8 0.4 0.3 0.3 0.2 0.3 8 MISCELLANEOUS MANUFACTURED ARTICLES......... 18.450 98.2 98.4 -1.2 0.1 0.1 -0.3 0.2 81 Prefabricated buildings; plumbing, heat & lighting fixtures, n.e.s.............. 0.406 94.3 94.7 -1.4 -0.8 0.4 -0.8 0.4 82 Furniture and parts thereof................ 1.326 100.3 100.3 -2.9 -0.1 0.2 0.1 0.0 83 Travel goods, handbags and similar containers.............................. 0.542 101.0 100.9 -0.5 0.6 -0.3 0.6 -0.1 84 Articles of apparel and clothing accessories............................. 6.239 102.1 102.0 -0.9 0.0 -0.1 -0.7 -0.1 85 Footwear................................... 1.902 100.9 101.3 0.1 0.4 -0.2 -0.2 0.4 87 Professional, scientific and controlling instruments and apparatus, n.e.s........ 1.679 95.0 94.9 -0.8 0.6 0.2 -0.3 -0.1 88 Photographic apparatus, equipment and supplies and optical goods, n.e.s.;..... 1.401 91.1 91.9 -0.4 0.7 0.7 -0.2 0.9 89 Miscellaneous manufactured articles, n.e.s................................... 4.956 95.5 95.9 -1.9 0.2 0.2 -0.1 0.4 1 Relative importance figures are based on n.a. Not available. 1995 trade values. 2 Data for October, November and December 1998 have been revised to reflect the availability of late reports and corrections by respondents. All data are subject to revision in each of the three months after original publication. 3 Product categories included in this group have been modified due to concordance or coverage limitations. NOTE: Published categories may include price data not shown separately Table 4 U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods, January 1998-January 1999 1995=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance Jan. Sept. Oct. Nov. Dec. SITC Description 1998 1998 1998 1998 1998 Rev. 3 DecemberDecember January to to to to to 1998 1998 1999 Jan. Oct. Nov. Dec. Jan. 1/ 2/ 1999 1998 1998 1998 1999 ALL COMMODITIES.............................. 100.000 94.8 94.8 -2.8 -0.1 0.2 -0.1 0.0 0 FOOD AND LIVE ANIMALS....................... 7.212 89.5 90.4 -4.7 1.2 1.6 0.4 1.0 01 Meat and meat preparations................. 1.114 89.9 90.2 -1.3 -2.6 -3.3 -0.9 0.3 03 Fish, crustaceans, aquatic invertebrates and preparations thereof................ 0.603 95.7 96.2 7.4 1.1 -0.5 -0.8 0.5 04 Cereals and cereal preparations............ 2.421 78.9 79.2 -10.9 4.6 6.4 1.0 0.4 05 Vegetables, fruit and nuts, fresh or dried.......................... 1.468 99.7 103.4 3.6 0.2 -0.1 0.4 3.7 08 Feeding stuff for animals (not including unmilled cereals)............. 0.669 92.2 92.2 -14.6 -2.5 3.6 3.1 0.0 09 Miscellaneous edible products and preparations............................ 0.412 106.8 106.8 1.8 0.4 0.0 0.1 0.0 3/ Other food and live animals (9612=100)....... 0.525 95.3 95.7 -6.9 2.6 -2.2 -1.3 0.4 1 BEVERAGES AND TOBACCO....................... 1.555 100.7 101.3 1.3 0.3 0.5 0.2 0.6 12 Tobacco and tobacco manufactures........... 1.279 100.4 101.3 1.6 0.4 0.6 0.0 0.9 2 CRUDE MATERIALS, INEDIBLE, EXCEPT FUELS..... 5.117 76.2 75.6 -10.7 -3.1 0.3 0.7 -0.8 21 Hides, skins and furskins, raw............. 0.290 85.7 82.7 2.2 -3.1 -1.0 7.0 -3.5 22 Oil seeds and oleaginous fruits............ 1.078 95.6 91.4 -17.5 -4.2 6.1 2.5 -4.4 24 Cork and wood.............................. 0.879 81.5 81.3 -5.2 0.4 -1.2 0.0 -0.2 25 Pulp and waste paper....................... 0.690 57.7 59.7 -6.4 -5.7 -2.5 0.2 3.5 26 Textile fibers and their waste............. 0.726 70.6 70.3 -10.1 -3.4 -3.1 -1.1 -0.4 27 Crude fertilizers and crude minerals....... 0.336 95.1 93.4 -4.2 -1.9 0.0 0.0 -1.8 28 Metalliferous ores and metal scrap......... 0.724 67.7 67.5 -17.8 -3.2 0.4 -0.1 -0.3 3/ Other crude materials, inedible, except fuels (9612=100).......................... 0.394 90.3 90.3 -11.5 -2.5 1.0 -0.6 0.0 3 MINERAL FUELS, LUBRICANTS AND RELATED MATERIALS................................ 1.872 93.6 93.1 -14.9 1.2 0.0 -1.0 -0.5 32 Coal, coke and briquettes.................. 0.699 99.4 99.3 -1.7 0.1 -0.1 0.0 -0.1 33 Petroleum, petroleum products and related materials....................... 1.042 92.2 91.4 -21.2 3.3 0.1 -1.8 -0.9 4 ANIMAL AND VEGETABLE OILS, FATS AND WAXES.................................... 0.485 99.7 98.5 -5.7 0.1 0.1 -3.1 -1.2 5 CHEMICALS AND RELATED PRODUCTS, N.E.S....... 10.683 91.2 90.9 -4.2 -0.7 0.0 0.0 -0.3 51 Organic chemicals.......................... 2.325 74.2 73.8 -10.1 -1.2 -0.3 0.3 -0.5 52 Inorganic chemicals........................ 0.899 103.4 103.3 0.7 -0.5 0.8 -0.1 -0.1 53 Dyeing, tanning and coloring materials..... 0.501 100.1 100.8 -1.4 0.4 0.2 -0.1 0.7 54 Medicinal and pharmaceutical products...... 1.261 100.8 100.1 -1.8 -0.6 0.0 -0.2 -0.7 55 Essential oils; polishing and cleansing preps................................... 0.772 101.6 101.5 0.2 0.1 -1.1 -0.1 -0.1 56 Fertilizers (9612=100)..................... 0.583 95.9 95.8 2.2 -0.1 -0.8 -1.1 -0.1 57 Plastics in primary forms.................. 1.739 86.1 85.5 -8.0 -1.9 0.2 0.0 -0.7 58 Plastics in nonprimary forms............... 0.831 96.3 97.2 -3.1 -0.2 -0.8 0.0 0.9 59 Chemical materials and products, n.e.s..... 1.772 101.2 100.4 -1.5 0.5 0.6 0.1 -0.8 6 MANUFACTURED GOODS CLASSIFIED CHIEFLY BY MATERIAL.............................. 9.854 96.5 96.6 -1.5 -0.2 0.1 -0.2 0.1 62 Rubber manufactures, n.e.s................. 0.714 106.0 106.5 4.6 1.9 1.7 -0.1 0.5 63 Cork and wood manufactures other than furniture............................... 0.312 94.9 94.5 3.8 -0.9 1.8 1.4 -0.4 64 Paper, paperboard, and articles of paper pulp, paper or paperboard......... 1.512 81.1 80.0 -5.5 0.0 0.7 -1.0 -1.4 65 Textile yarn, fabrics, and made-up articles, n.e.s................. 1.426 101.0 100.9 -2.6 -1.0 0.0 0.7 -0.1 66 Nonmetallic mineral manufactures, n.e.s................................... 1.377 107.3 106.9 0.2 0.3 0.1 0.1 -0.4 67 Iron and steel............................. 1.075 97.0 97.6 -4.7 -1.8 -0.4 -0.6 0.6 68 Nonferrous metals.......................... 1.208 84.1 85.4 -4.6 0.2 -0.4 -1.5 1.5 69 Manufactures of metals, n.e.s.............. 2.079 106.4 107.2 2.3 -0.1 -0.1 -0.1 0.8 7 MACHINERY AND TRANSPORT EQUIPMENT........... 51.031 98.3 98.1 -1.5 0.1 -0.1 0.1 -0.2 71 Power generating machinery and equipment............................... 4.489 108.5 108.9 2.0 0.0 0.9 0.5 0.4 72 Machinery specialized for particular industries.............................. 4.846 105.2 105.5 0.9 0.0 0.0 -0.3 0.3 73 Metalworking machinery..................... 1.026 108.9 109.1 2.4 0.2 0.0 0.2 0.2 74 General industrial machinery, equipment, & parts, n.e.s............... 5.225 106.5 107.0 1.3 0.3 -0.2 0.0 0.5 75 Computer equipment and office machines..... 6.040 74.4 74.3 -8.0 -0.4 0.0 -0.1 -0.1 76 Telecommunications & sound recording & reproducing apparatus & equipment..... 3.840 97.6 97.6 -1.0 -0.1 -0.6 0.1 0.0 77 Electrical machinery and equipment......... 11.524 90.7 89.6 -4.7 0.0 -0.4 -0.1 -1.2 78 Road vehicles.............................. 9.369 102.1 102.2 0.2 0.2 0.0 -0.1 0.1 8 MISCELLANEOUS MANUFACTURED ARTICLES......... 11.447 100.6 100.9 -0.4 0.2 0.0 -0.2 0.3 82 Furniture and parts thereof................ 0.655 104.2 103.9 0.0 0.0 0.1 0.0 -0.3 84 Articles of apparel and clothing accessories............................. 1.281 100.8 100.6 -2.9 0.0 0.0 -1.7 -0.2 87 Professional, scientific and controlling instruments and apparatus, n.e.s........ 3.837 104.1 104.9 1.4 0.1 0.1 0.1 0.8 88 Photographic apparatus, equipment and supplies and optical goods, n.e.s....... 0.931 94.3 95.0 0.8 1.0 1.2 -0.2 0.7 89 Miscellaneous manufactured articles, n.e.s................................... 4.267 98.2 98.2 -1.7 0.1 -0.2 0.0 0.0 3/ Other miscellaneous manufactured articles (9612=100)....................... 0.475 102.1 102.1 0.7 -0.2 0.0 0.0 0.0 1 Relative importance figures are based on n.a. Not available. 1995 trade values. 2 Data for October, November and December 1998 have been revised to reflect the availability of late reports and corrections by respondents. All data are subject to revision in each of the three months after original publication. 3 Product categories included in this group have been modified due to concordance or coverage limitations. NOTE: Published categories may include price data not shown separately Table 5 U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods, January 1998-January 1999 1995=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly Harmo- ance Jan. Sept. Oct. Nov. Dec. nized Description 1998 1998 1998 1998 1998 System DecemberDecember January to to to to to 1998 1998 1999 Jan. Oct. Nov. Dec. Jan. 1/ 2/ 1999 1998 1998 1998 1999 I LIVE ANIMALS; ANIMAL PRODUCTS............... 1.611 97.5 98.3 -3.9 0.3 -0.4 -1.8 0.8 02 Meat and edible meat offal................... 0.278 92.6 92.6 -5.2 -1.8 1.1 -2.8 0.0 03 Fish and crustaceans, molluscs and........... other aquatic invertebrates............... 0.945 101.9 103.2 -3.5 0.9 -2.3 -1.4 1.3 3/ Other live animals and animal................ products (9612=100)....................... 0.388 93.3 93.7 -4.1 0.4 3.1 -2.3 0.4 II VEGETABLE PRODUCTS.......................... 1.728 93.5 94.3 1.8 3.4 -4.3 4.5 0.9 07 Edible vegetables and certain roots and...... tubers.................................... 0.480 165.4 158.2 29.4 20.5 -17.8 24.5 -4.4 08 Edible fruit and nuts; peel of citrus........ fruit or melons........................... 0.473 98.0 102.1 6.5 -1.4 3.9 -4.8 4.2 09 Coffee, tea, mate and spices................. 0.377 72.3 74.3 -15.3 -3.9 1.8 -0.8 2.8 3/ Other vegetable products..................... 0.398 85.6 86.9 -7.4 -0.1 -3.8 1.7 1.5 IV PREPARED FOODSTUFFS, BEVERAGES, AND......... TOBACCO................................... 2.196 100.3 100.7 -0.5 -0.4 -0.4 0.5 0.4 20 Preparations of vegetables, fruit,........... nuts, or other parts of plants............ 0.296 92.1 94.8 6.2 0.9 0.9 3.0 2.9 22 Beverages, spirits, and vinegar.............. 0.807 104.8 105.0 0.9 -0.8 1.0 -0.3 0.2 3/ Other prepared foodstuffs (9612=100)......... 1.092 97.1 96.9 -3.2 -0.6 -1.6 0.4 -0.2 V MINERAL PRODUCTS............................ 6.791 67.8 69.2 -26.6 1.8 -7.1 -9.2 2.1 26 Ores, slag and ash........................... 0.314 101.6 101.5 -0.4 -0.1 0.1 0.0 -0.1 27 Mineral fuels, oils and residuals,........... bituminous substances and mineral wax..... 6.240 65.8 67.3 -28.3 1.9 -7.7 -10.0 2.3 VI PRODUCTS OF THE CHEMICAL OR ALLIED.......... INDUSTRIES................................ 5.371 94.5 94.0 -3.3 0.3 0.3 -1.2 -0.5 28 Inorganic chemicals.......................... 0.843 94.8 93.8 -4.9 0.8 0.1 -2.7 -1.1 29 Organic chemicals............................ 2.030 90.4 90.0 -4.4 -0.2 0.3 -1.3 -0.4 30 Pharmaceutical products...................... 0.604 103.6 103.9 0.8 1.8 1.6 -0.4 0.3 32 Tanning & dyeing extracts; dye &............. pigments; varnish & paints; putty......... 0.306 94.6 92.7 -1.1 1.3 1.3 -0.8 -2.0 37 Photographic or cinematographic goods........ 0.369 95.1 95.1 -1.9 -0.6 0.0 0.0 0.0 38 Miscellaneous chemical products.............. (9612=100)................................ 0.420 92.4 92.0 -6.7 -2.4 0.1 0.4 -0.4 3/ Other products of the chemical or............ allied industries (9612=100).............. 0.799 95.1 94.6 -1.4 1.5 -0.4 -0.8 -0.5 VII PLASTICS AND ARTICLES THEREOF; RUBBER....... AND ARTICLES THEREOF...................... 2.796 85.6 85.9 -4.3 -0.1 0.4 -0.5 0.4 39 Plastics and articles thereof................ 1.757 89.0 89.6 -4.1 -0.1 0.2 0.0 0.7 40 Rubber and articles thereof.................. 1.039 80.3 80.3 -5.0 0.0 0.2 -1.4 0.0 VIII RAW HIDES, SKINS, LEATHER, FURSKINS,........ TRAVEL GOODS, ETC......................... 1.074 102.6 102.3 -0.9 0.8 0.1 -0.2 -0.3 42 Articles of leather; travel goods, bags,..... etc. of various materials................. 0.903 100.7 100.4 -0.9 0.7 0.1 -0.2 -0.3 IX WOOD, WOOD CHARCOAL, CORK, STRAW, BASKET.... AND WICKER................................ 1.668 100.7 103.0 -0.3 -4.0 0.7 1.9 2.3 X WOOD PULP, WASTE AND SCRAP PAPER, PAPER..... AND ARTICLES THEREOF...................... 2.423 81.3 81.1 -4.0 -0.2 0.0 -1.2 -0.2 47 Pulp wood or other fibrous cellulosic........ material; waste paper/paperboard.......... 0.345 58.1 58.1 -15.8 -3.6 -1.9 -0.2 0.0 48 Paper and paperboard; articles of paper...... pulp, paper or paperboard................. 1.703 87.0 86.6 -2.0 0.1 0.3 -1.6 -0.5 49 Printed matter............................... 0.376 99.0 99.4 0.1 0.8 0.5 -0.4 0.4 XI TEXTILE AND TEXTILE ARTICLES................ 7.323 100.2 100.2 -1.5 -0.1 -0.1 -0.4 0.0 61 Articles of apparel and clothing............. accessories, knitted or crocheted......... 2.160 100.0 100.1 -1.8 -0.2 0.0 -1.2 0.1 62 Articles of apparel and clothing............. accessories, not knitted or crocheted..... 3.581 103.8 103.8 0.0 -0.1 -0.2 0.0 0.0 63 Made-up or worn textile articles and......... clothing; needlecraft sets; rags.......... 0.351 92.9 93.5 -1.0 0.2 0.8 -1.2 0.6 3/ Other textile & textile...................... articles (9612=100)....................... 1.232 95.5 95.0 -5.1 0.0 -0.2 -0.2 -0.5 XII FOOTWEAR, HEADGEAR, UMBRELLAS, WHIPS,....... ARTIFICIAL FLOWERS, ETC................... 2.229 101.1 101.5 0.1 0.4 -0.2 -0.3 0.4 64 Footwear, gaiters and the like; parts........ of such articles.......................... 1.914 100.5 100.9 -0.2 0.5 -0.1 -0.4 0.4 3/ Other footwear, headgear, umbrellas,......... whips, art. flowers, etc. (9612=100)...... 0.315 103.2 103.3 1.8 0.3 -0.2 0.0 0.1 XIII STONE, PLASTER, CEMENT, ASBESTOS,CERAMIC.... GLASS ETC................................. 1.214 101.0 101.3 -0.3 0.5 0.3 -0.2 0.3 69 Ceramic products............................. 0.457 97.5 97.9 -1.2 0.3 0.1 -0.4 0.4 70 Glass and glassware.......................... 0.467 100.3 100.5 -0.4 0.5 0.6 -0.1 0.2 XIV PEARLS, STONES, PRECIOUS METALS,............ IMITATION JEWELRY, AND COINS.............. 2.359 98.4 99.3 3.5 0.1 0.3 -0.1 0.9 XV BASE METALS AND ARTICLES OF BASE METAL...... 5.664 85.1 84.5 -8.9 -0.2 -1.1 -1.2 -0.7 72 Iron and steel............................... 1.709 86.3 86.0 -9.6 -0.9 -1.1 -0.7 -0.3 73 Articles of iron or steel.................... 1.329 93.2 93.0 -3.5 0.0 -0.2 -0.6 -0.2 74 Copper and articles thereof.................. 0.406 69.9 68.1 -8.2 0.3 -1.5 -0.9 -2.6 76 Aluminum and articles thereof................ 0.913 81.2 80.5 -12.1 0.7 -1.0 -1.1 -0.9 83 Miscellaneous articles of base metal......... 0.438 100.4 99.7 -1.1 -0.1 1.0 -0.7 -0.7 3/ Miscellaneous nonferrous metals and.......... articles, including scrap (9612=100)...... 0.391 72.6 69.5 -30.2 -2.0 -6.7 -6.0 -4.3 XVI MACHINERY, ELECTRICAL EQUIPMENT, TV......... IMAGE & SOUND RECORDERS, PARTS, ETC....... 30.517 84.1 84.0 -4.3 -0.1 0.0 0.1 -0.1 84 Specialized machinery & computer............. equipment................................. 15.809 84.0 84.0 -5.1 -0.6 0.1 0.0 0.0 85 Electrical machinery and equip, sound........ and TV recorders & reproducers, parts..... 14.708 84.1 84.0 -3.4 0.4 -0.1 0.1 -0.1 XVII VEHICLES, AIRCRAFT, VESSELS AND............. ASSOCIATED TRANSPORT EQUIPMENT............ 17.113 101.6 102.0 0.6 0.3 0.4 0.1 0.4 87 Motor vehicles and their parts............... 16.163 101.3 101.7 0.6 0.3 0.4 0.1 0.4 XVII OPTICAL, PHOTO, MEASURING, MEDICAL &........ MUSICAL INSTRUMENTS; & TIMEPIECES......... 3.728 91.8 92.1 -1.2 0.5 0.1 -0.3 0.3 90 Optical, photographic, measuring and......... medical instruments....................... 3.175 91.5 91.7 -1.5 0.5 0.0 -0.2 0.2 91 Clocks and watches and parts thereof......... 0.404 94.2 94.6 1.0 1.5 0.2 -0.7 0.4 XX MISCELLANEOUS MANUFACTURED ARTICLES......... 3.918 97.9 98.1 -1.5 0.2 0.5 -0.1 0.2 94 Furniture; stuffed furnishings; lamps........ and lighting fittings nes;................ 1.691 98.5 98.8 -1.5 0.2 0.7 -0.1 0.3 95 Toys, games and sports equipment; parts...... and accessories thereof................... 1.917 97.9 98.0 -2.1 0.1 0.2 0.0 0.1 96 Miscellaneous manufactured articles.......... 0.310 95.0 95.6 2.4 0.4 2.0 -0.6 0.6 1 Relative importance figures are based on n.a. Not available 1995 trade values. 2 Data for October, November and December 1998 have been revised to reflect the availability of late reports and corrections by respondents. All data are subject to revision in each of the three months after original publication. 3 Product categories included in this group have been modified due to concordance or coverage limitations. NOTE: Published categories may include price data not shown separately Table 6 U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods, January 1998-January 1999 1995=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly Harmo- ance Jan. Sept. Oct. Nov. Dec. nized Description 1998 1998 1998 1998 1998 System DecemberDecember January to to to to to 1998 1998 1999 Jan. Oct. Nov. Dec. Jan. 1/ 2/ 1999 1998 1998 1998 1999 I LIVE ANIMALS; ANIMAL PRODUCTS............... 1.884 90.8 91.1 -1.3 0.1 -1.8 -1.4 0.3 02 Meat & edible meat offal..................... 1.017 86.2 85.7 -2.9 -3.0 -3.4 -1.3 -0.6 03 Fish and crustaceans, molluscs and........... other aquatic invertebrates............... 0.519 90.3 92.3 5.5 1.9 0.1 -1.2 2.2 3/ Other live animals and animal................ products (9612=100)....................... 0.349 92.1 92.5 -5.9 8.2 -0.2 -1.9 0.4 II VEGETABLE PRODUCTS.......................... 4.808 86.5 86.6 -10.2 1.4 4.5 1.2 0.1 07 Edible vegetables and certain roots and...... tubers.................................... 0.335 102.1 110.9 -12.3 1.6 -1.0 3.8 8.6 08 Edible fruit and nuts; peel of citrus........ fruit or melons........................... 0.754 99.0 100.9 8.3 1.0 -1.6 -0.9 1.9 10 Cereals...................................... 2.193 76.8 77.4 -11.7 5.2 7.1 1.2 0.8 12 Oilseeds and misc. grains, seeds,............ fruits, plants, straw and fodder.......... 1.275 98.2 94.9 -15.7 -4.2 6.1 2.4 -3.4 III ANIMAL OR VEGETABLE FATS AND OILS........... 0.529 100.9 100.2 -5.6 -0.1 0.3 -3.0 -0.7 IV PREPARED FOODSTUFFS, BEVERAGES, AND......... TOBACCO................................... 3.515 98.9 98.7 -1.7 0.2 0.5 1.5 -0.2 20 Preparations of vegetables, fruit,........... nuts, or other parts of plants............ 0.378 101.9 98.8 6.7 0.8 0.3 5.8 -3.0 21 Miscellaneous edible preparations............ 0.381 107.0 107.0 1.0 0.5 -0.5 0.2 0.0 22 Beverages, spirits, and vinegar.............. 0.345 100.3 99.2 -0.4 0.0 -0.2 1.4 -1.1 23 Residues and waste from the food............. industries; prepared animal feed.......... 0.606 90.0 89.8 -13.3 -0.1 2.0 4.5 -0.2 24 Tobacco and manufactured tobacco............. substitutes............................... 1.290 100.5 101.2 1.4 0.4 0.7 0.0 0.7 3/ Other prepared foods......................... 0.515 99.9 99.8 -2.1 -0.2 -0.5 0.3 -0.1 V MINERAL PRODUCTS............................ 2.424 91.9 91.1 -14.1 0.1 0.1 -0.6 -0.9 26 Ores, slag and ash (9812=100)................ 0.240 100.0 97.4 n.a. n.a. n.a. n.a. -2.6 27 Mineral fuels, oils and residuals,........... bituminous substances and mineral wax..... 1.922 94.3 93.8 -15.1 1.3 0.0 -0.9 -0.5 VI PRODUCTS OF THE CHEMICAL OR ALLIED.......... INDUSTRIES................................ 8.743 92.4 92.1 -3.1 -0.3 0.2 0.0 -0.3 28 Inorganic chemicals.......................... 0.966 102.1 102.2 0.5 -1.0 1.3 -0.1 0.1 29 Organic chemicals............................ 2.621 77.4 76.8 -9.9 -1.4 -0.1 0.3 -0.8 30 Pharmaceutical products...................... 0.938 103.2 103.0 -0.2 -1.0 0.1 0.0 -0.2 31 Fertilizers (9612=100)....................... 0.649 95.9 95.8 2.2 -0.1 -0.8 -1.1 -0.1 32 Tanning or dyeing extracts; dyes and......... pigments; paints & varnish; putty;ink..... 0.515 100.4 101.1 -0.7 0.8 0.2 -0.3 0.7 33 Essential oils and resinoids;................ perfumery, cosmetic or toilet............. 0.553 103.7 103.4 1.4 0.1 -0.3 0.0 -0.3 34 Soap; lubricants; waxes, polishing or........ scouring products; candles, pastes........ 0.328 103.7 103.8 -0.3 0.3 -1.3 0.0 0.1 37 Photographic or cinematographic goods........ 0.404 86.7 88.4 2.1 2.4 2.7 -0.3 2.0 38 Miscellaneous chemical products.............. 1.543 100.3 99.2 -1.2 0.7 0.9 0.0 -1.1 VII PLASTICS AND ARTICLES THEREOF; RUBBER....... AND ARTICLES THEREOF...................... 4.224 91.1 91.1 -5.4 -0.8 0.3 0.0 0.0 39 Plastics and articles thereof................ 3.286 88.9 88.7 -7.4 -1.1 0.0 0.1 -0.2 40 Rubber and articles thereof.................. 0.938 99.8 100.1 1.9 0.4 1.8 -0.3 0.3 VIII RAW HIDES, SKINS, LEATHER, FURSKINS,........ TRAVEL GOODS, ETC......................... 0.520 86.1 84.5 -2.2 -2.4 -1.2 4.1 -1.9 41 Raw hides and skins (other than.............. furskins) and leather..................... 0.364 81.0 78.9 -3.1 -3.5 -1.8 5.7 -2.6 IX WOOD, WOOD CHARCOAL, CORK, STRAW,........... BASKET AND WICKER......................... 1.214 84.9 84.8 -3.2 0.0 -0.6 0.4 -0.1 X WOOD PULP, WASTE AND SCRAP PAPER, PAPER..... AND ARTICLES THEREOF...................... 2.966 75.4 75.5 -3.9 -1.0 0.1 -0.5 0.1 47 Pulp wood or other fibrous cellulosic........ material; waste paper/paperboard.......... 0.641 55.6 57.2 -8.6 -5.3 -1.9 0.0 2.9 48 Paper and paperboard; articles of paper...... pulp, paper or paperboard................. 1.484 81.7 80.5 -5.7 0.0 1.2 -1.1 -1.5 49 Printed material............................. 0.841 109.2 110.0 3.1 0.6 0.0 0.0 0.7 XI TEXTILE AND TEXTILE ARTICLES................ 3.182 88.6 88.2 -5.0 -1.2 -0.7 -0.6 -0.5 52 Cotton, including yarns and woven............ fabrics thereof........................... 0.644 72.3 72.2 -7.6 -3.6 -3.3 -1.0 -0.1 55 Manmade staple fibers, includ. yarns......... and woven fabrics (9812=100).............. 0.271 100.0 99.9 n.a. n.a. n.a. n.a. -0.1 61 Apparel and clothing access.,................ knitted or crocheted (9812=100)........... 0.477 100.0 100.1 n.a. n.a. n.a. n.a. 0.1 62 Apparel and clothing access.,................ not knitted or crocheted (9812=100)....... 0.672 100.0 98.9 n.a. n.a. n.a. n.a. -1.1 XIII STONE, PLASTER, CEMENT, ASBESTOS,........... CERAMIC, GLASS ETC........................ 0.881 103.5 103.3 0.3 0.5 0.1 -0.3 -0.2 70 Glass and glassware.......................... 0.512 102.8 102.5 0.8 1.0 -0.1 0.0 -0.3 XIV PEARLS, STONES, PRECIOUS METALS,............ IMITATION JEWELRY, AND COINS.............. 1.869 93.1 93.9 0.9 0.5 1.3 -0.1 0.9 XV BASE METALS AND ARTICLES OF BASE METALS..... 4.456 89.5 89.7 -4.9 -0.7 -0.1 -0.7 0.2 72 Iron and steel............................... 0.843 78.4 78.5 -13.3 -1.7 0.1 -1.1 0.1 73 Articles of iron or steel.................... 1.322 109.6 109.4 0.5 -0.9 -0.2 0.0 -0.2 74 Copper and articles thereof.................. 0.352 65.1 62.8 -11.3 0.3 -0.2 -2.0 -3.5 76 Aluminum and articles thereof................ 0.822 80.0 80.8 -8.3 0.7 -0.9 -0.9 1.0 82 Tools, implements, cutlery, spoons and....... forks, of base metal; parts thereof....... 0.424 102.7 103.7 -0.4 -0.4 0.0 0.4 1.0 83 Miscellaneous articles of base metal......... 0.388 100.8 101.8 1.8 0.0 0.0 0.0 1.0 XVI MACHINERY, ELECTRICAL EQUIPMENT, TV......... IMAGE AND SOUND RECORDERS, PARTS, ETC..... 36.878 93.4 93.1 -2.8 0.0 -0.1 0.0 -0.3 84 Specialized machinery & computer............. equipment................................. 20.617 94.7 94.9 -1.7 0.0 0.1 0.0 0.2 85 Electrical machinery and equip, sound........ & tv recorders & reproducers, parts....... 16.261 91.7 90.8 -4.3 0.0 -0.4 -0.1 -1.0 XVII VEHICLES, AIRCRAFT, VESSELS AND............. ASSOCIATED TRANSPORT EQUIPMENT............ 14.274 105.6 105.7 0.7 0.2 0.1 0.1 0.1 87 Motor vehicles and their parts............... 9.836 102.2 102.3 0.2 0.3 0.0 -0.2 0.1 XVII OPTICAL, PHOTO, MEASURING, MEDICAL &........ MUSICAL INSTRUMENTS; & TIMEPIECES......... 5.569 102.3 103.0 0.9 0.0 0.0 0.1 0.7 XX MISCELLANEOUS MANUFACTURED ARTICLES......... 1.835 102.2 102.2 -0.2 0.0 -0.2 0.0 0.0 94 Furniture; stuffed furnishings;.............. lamps and lighting fittings nesoi;........ 0.904 104.2 104.0 0.1 -0.1 0.0 0.0 -0.2 95 Toys, games and sports equipment; parts...... and accessories thereof................... 0.754 100.5 100.5 -0.5 0.0 -0.4 0.0 0.0 1 Relative importance figures are based on n.a. Not available 1995 trade values. 2 Data for October, November and December 1998 have been revised to reflect the availability of late reports and corrections by respondents. All data are subject to revision in each of the three months after original publication. 3 Product categories included in this group have been modified due to concordance or coverage limitations. NOTE: Published categories may include price data not shown separately Table 7 U.S. Import Price Indexes and Percent Changes by Locality of Origin, January 1998-January 1999 1995=100, unless otherwise noted Index Percent Change Percentage of Annual Monthly US Imports Jan. Sept. Oct. Nov. Dec. Description 1/ 1998 1998 1998 1998 1998 1995 Dec. Jan. to to to to to 1998 1999 Jan. Oct. Nov. Dec. Jan. 2/ 1999 1998 1998 1998 1999 3/ Developed Countries.......................... 55.6 94.7 95.2 -0.8 0.4 0.5 -0.4 0.5 Manufactured Goods......................... 52.2 95.5 95.9 -0.2 0.2 0.7 -0.3 0.4 Nonmanufactured Goods...................... 3.1 85.8 87.7 -9.8 3.3 -2.3 -2.4 2.2 3/ Developing Countries......................... 42.7 89.1 89.1 -8.3 -0.1 -1.2 -1.5 0.0 Manufactured Goods......................... 35.4 92.2 91.8 -5.1 -0.5 -0.1 -0.2 -0.4 Nonmanufactured Goods...................... 7.1 69.3 71.2 -24.3 2.6 -7.6 -8.9 2.7 Canada....................................... 18.9 95.1 95.3 -2.5 0.5 -0.3 -0.7 0.2 Manufactured Goods......................... 16.5 96.3 96.1 -1.9 0.0 0.1 -0.8 -0.2 Nonmanufactured Goods...................... 2.2 90.5 92.9 -6.5 4.5 -2.9 -0.4 2.7 4/ European Union............................... 17.0 100.6 100.9 0.2 0.9 0.5 -0.6 0.3 Manufactured Goods......................... 16.4 101.5 101.8 0.9 0.9 0.6 -0.5 0.3 Nonmanufactured Goods...................... 0.5 76.5 79.7 -17.9 1.7 -2.3 -5.6 4.2 5/ Latin America (9712=100).................... 14.1 90.6 90.8 -6.9 0.5 -1.7 -1.6 0.2 Manufactured Goods (9712=100)............. 10.4 96.4 95.2 -3.9 0.2 0.0 -0.3 -1.2 Nonmanufactured Goods (9712=100)........... 3.5 73.9 78.2 -15.9 1.4 -7.3 -6.5 5.8 Japan........................................ 16.6 88.3 88.4 -1.8 -0.2 1.3 0.2 0.1 6/ Asian Newly Industrialized Countries......... 10.9 84.3 83.9 -7.8 -0.4 -0.2 -0.4 -0.5 1 Regions are not mutually exclusive. 2 Data for October, November and December 1998 have been revised to reflect the availability of late reports and corrections by respondents. 3 Defined according to the Standard Census Definition. 4 Includes EU 15 countries. 5 Includes Mexico, Central America, South America, and the Caribbean. 6 Includes Hong Kong, Singapore, South Korea, and Taiwan. Table 8 U.S. Import and Export Price Indexes and Percent Changes for Selected Categories of Services. December 1997-December 1998 1995 = 100, unless otherwise noted Index Percent Change Annual Quarterly Trade Dec. Dec. March June Sept. Description (Mil. 1997 1997 1998 1998 1998 of Sept. Dec. to to to to to Dollars) 1998 1998 Dec. March June Sept. Dec. 1998 1998 1998 1998 1998 IMPORT Air Freight 3188 80.3 86.7 0.1 -7.0 1.2 -1.5 8.0 Atlantic 1278 87.4 91.7 1.7 -4.9 2.3 -0.5 4.9 Pacific 1674 74.9 83.8 -1.1 -9.9 0.5 -2.3 11.9 Air Passenger Fares 11127 112.8 105.1 0.8 -1.0 9.0 0.2 -6.8 1/ Atlantic 4922 119.2 98.1 -2.3 -1.5 18.6 1.6 -17.7 1/ Pacific 2340 99.0 104.7 -1.4 -7.4 7.7 -6.5 5.8 1/ Latin American / Caribbean 3021 109.3 109.0 3.6 1.6 -0.6 2.8 -0.3 1/ Crude Oil Tanker Freight 1346 78.4 n.a. n.a. -0.1 -14.6 -3.9 n.a. Ocean Liner Freight 9868 101.2 100.6 7.6 -0.1 7.9 0.4 -0.6 U.S. East Coast 4271 100.3 99.0 2.4 -0.2 2.8 1.1 -1.3 from Atlantic 1952 97.4 97.4 0.7 0.5 -0.5 0.7 0.0 from Pacific 1774 103.1 103.3 9.0 0.0 6.8 1.9 0.2 1/ U.S. West Coast 5596 101.3 101.2 11.7 -0.1 12.2 -0.2 -0.1 EXPORT Air Freight (9612 = 100) 2562 95.6 96.7 3.6 1.7 -0.4 1.2 1.2 Air Passenger Fares 17272 95.4 98.0 6.4 2.4 0.8 0.3 2.7 1/ Atlantic 4120 115.2 109.0 7.5 0.3 8.8 4.1 -5.4 1/ Pacific 10700 76.4 82.0 5.0 1.9 -2.4 -1.7 7.3 Latin American / Caribbean 1392 113.2 113.1 6.2 0.8 1.6 3.9 -0.1 Canadian 1006 154.9 166.0 12.9 13.0 -3.6 -3.3 7.2 1 Detailed data available upon request. n.a. Not available. Table 9 U.S. International Price Indexes and Percent Changes for Selected Categories of Services. December 1997-December 1998 1995 = 100 Index Percent Change Annual Quarterly Trade Dec. Dec. March June Sept. Description (Mil. 1997 1997 1998 1998 1998 of Sept. Dec. to to to to to Dollars) 1998 1998 Dec. March June Sept. Dec. 1998 1998 1998 1998 1998 Air Freight (Inbound) 5495 81.8 87.4 1.0 -4.2 0.6 -1.9 6.8 Atlantic 1880 88.0 91.6 2.2 -4.7 3.5 -0.5 4.1 Pacific 3151 77.9 85.5 0.7 -4.2 -1.2 -3.0 9.8 Air Freight (Outbound) 5835 95.8 95.2 -2.6 -0.5 -1.2 -0.2 -0.6 Atlantic 2080 103.3 104.1 3.0 -0.1 1.2 1.1 0.8 Pacific 3222 91.4 89.7 -6.9 -0.8 -3.2 -1.1 -1.9 Air Passenger Fares (U.S. Carrier) 30673 107.3 103.1 3.6 -0.2 8.6 -0.5 -3.9 1/ Atlantic 8811 120.4 98.0 0.2 -3.7 24.0 3.1 -18.6 1/ Pacific 15900 89.5 93.4 3.5 -0.3 4.1 -4.4 4.4 1/ Latin American / Caribbean 4542 117.2 116.7 6.9 1.5 0.7 5.0 -0.4 Canadian 1367 162.6 171.9 11.6 12.7 -3.3 -3.2 5.7 Air Passenger Fares (Foreign Carrier) 31694 104.0 101.1 1.4 -2.1 4.9 1.6 -2.8 1/ Atlantic 13572 117.9 102.9 2.4 -1.7 13.3 5.4 -12.7 1/ Pacific 12570 79.7 87.9 -1.5 -5.0 -2.2 -3.7 10.3 1/ Latin American / Caribbean 4224 107.7 107.9 3.0 0.5 -0.2 2.5 0.2 1/ Crude Oil Tanker Freight (Inbound) 1949 82.9 n.a. n.a. 0.3 -15.6 -5.1 n.a. Ocean Liner Freight (Inbound) 12253 105.0 104.2 12.2 0.1 11.0 1.7 -0.8 U.S. East Coast 5410 98.4 96.7 1.0 -0.3 2.2 0.9 -1.7 from Atlantic 2647 95.4 95.4 0.6 0.4 -0.4 0.6 0.0 from Pacific 1874 100.6 100.7 8.2 0.0 6.1 1.8 0.1 1/ U.S. West Coast 6844 109.7 109.6 21.5 0.4 18.4 2.2 -0.1 1 Detailed data available upon request. n.a. Not available. TECHNICAL NOTE Import and Export Merchandise and Services Price Indexes -- All indexes use a modified Laspeyres formula and are weighted with 1995 trade weights. The merchandise price indexes are published using three classifications: the Harmonized System (HS), the Bureau of Economic Analysis End Use System, and the Standard International Trade Classification (SITC) system, Rev. 3. Price indexes for internationally traded services are presented using two definitions: Balance of Payments (which represents transactions between U.S. and foreign residents) and International (which represents all transactions with U.S. importers or exporters, regardless of nationality). Published series use a base year of 1995=100 where possible. Net transaction price data are collected every month for over 20,000 products from over 6,000 companies and secondary sources. Indexes are not seasonally adjusted. More detailed index series and additional information may be obtained from the Division of International Prices, Bureau of Labor Statistics, 2 Massachusetts Avenue N.E., PSB 3955, Washington, DC 20212 or (202) 606-7155. Import Price Indexes -- Products have been classified by the 1995 Harmonized Tariff Schedule of the United States Annotated (TSUSA). Import prices are based on U.S. dollar prices paid by the U.S. importer. The prices are generally either "free on board" (f.o.b.) foreign port or "cost, insurance, and freight" (c.i.f.) U.S. port transaction prices, depending on the practices of the individual industry. The index for crude petroleum is calculated from data collected by the U.S. Department of Energy. Export Price Indexes -- Products have been classified by the 1995 Harmonized Schedule B classification system of the U.S. Bureau of the Census. The prices used are generally either "free alongside ship" (f.a.s.) factory or "free on board" (f.o.b.) transaction prices, depending on the practices of the individual industry. Prices used in the grain index, excluding rice, are obtained from the U.S. Department of Agriculture. Import Indexes by Locality of Origin -- Prices used in these indexes are a subset of the data collected for the Import Price Indexes. Prior to January 1993, nonmanufactured goods were defined as SITC 0-4 and manufactured goods were defined as SITC 5-8. Beginning with January 1993, the indexes are defined by locality of origin using a nomenclature based upon the Standard Industrial Classification (SIC-based). Nonmanufactured goods are defined as SIC 0-1, and manufactured goods are defined as SIC 2-3. The indexes use 1995 weights and a base of 1995=100. Import, Export, and International Services Indexes -- Indexes are calculated on a quarterly basis. The figures for services indexes will not sum up to the aggregate dollar value because not all categories are shown in the tables. Revenue figures for air passenger indexes exclude frequent flyer tickets and those sold by consolidators. Indexes for crude oil tanker freight are calculated from data collected by the U. S. Department of Energy and the publication of these indexes is lagged one quarter. Revision policy -- Data are revised for the previous three months to reflect the availability of late reports and corrections by respondents. Uses of the Data -- The primary use of the indexes is to deflate trade statistics. For merchandise trade, the End Use classification system is the structure used by the U.S. Department of Commerce in the construction of the foreign trade sector of the National Income and Product Accounts. Indexes published using the Harmonized System and the Standard International Trade Classification, Rev. 3, both international structures, are useful for general market analysis. For trade in international services, Balance of Payments indexes are used for deflating National Accounts data, while International indexes are more appropriate for market analysis. Merchandise and services indexes also can be used to study U.S. competitiveness and price elasticities, and the merchandise import indexes by country or region of origin are useful for terms of trade analysis. The import and export news release contains monthly price indexes at the two-digit level of detail. 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