Oil import prices down in September
October 10, 2003
The U.S. Import Price Index declined 0.5 percent in September after increasing in each of the previous three months. Lower petroleum prices led the decline in overall import prices and more than offset higher prices for nonpetroleum imports.
The price index for imported petroleum decreased 5.2 percent in September but was up 1.2 percent over the past year. In contrast, nonpetroleum import prices rose 0.2 percent last month and were up 0.9 percent for the year ended in September.
The price index for overall import prices was up 0.8 percent over the past 12 months. Import prices for consumer goods were unchanged in September and down 0.2 percent over the past 12 months.
These data are from the BLS International Price program. Import and export price data are subject to revision. Learn more in "U.S. Import and Export Price Indexes - September 2003" (PDF) (TXT), news release USDL 03-470.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Oil import prices down in September on the Internet at https://www.bls.gov/opub/ted/2003/oct/wk1/art05.htm (visited August 08, 2020).
Recent editions of Spotlight on Statistics
- Using BLS Data to Match People with Disabilities with Jobs Presents data that can help increase access and opportunity for people with disabilities in the nation’s labor market.
- How Women and Aging Affect Trends in Labor Force Growth Examines how women’s labor force participation and the aging of the U.S. population affect trends in labor force growth.
- Meal Appeal: Patterns of Expenditures on Food away from Home
Examines spending on food away from home, such as meals or snacks from restaurants, vending machines, employer cafeterias, or other venues.
- Job Flexibilities and Work Schedules in 2017–18
Examines data on job flexibilities, such as working at home, flexible schedules, and shift work.