Import prices decline 12.9 percent from June 2014 to May 2017

June 20, 2017

Import prices fell 12.9 percent from a recent peak in June 2014 to May 2017. Import prices from every locality of origin for which BLS publishes data decreased during this period. From June 2014 to May 2017, prices for imports originating from Canada fell 21.0 percent, and prices for imports from Mexico declined 10.9 percent.

Import indexes for selected localities of origin, all industries, May 2007–May 2017 (May 2007 = 100)
Month All commodities Canada European Union(1) France Germany United Kingdom Mexico China Japan Asian NICs(2) ASEAN(3)

May 2007

100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0

Jun 2007

101.2 101.1 100.4 98.5 100.2 100.8 101.9 100.4 100.1 100.3 100.2

Jul 2007

102.4 101.5 100.8 100.3 100.5 102.3 103.6 100.8 99.9 100.6 101.1

Aug 2007

102.1 101.3 100.6 100.6 101.0 101.0 104.0 101.2 99.9 100.6 102.1

Sep 2007

102.7 101.1 101.0 100.6 101.0 103.1 105.7 101.4 100.0 100.7 101.8

Oct 2007

104.2 102.4 101.2 101.0 100.7 102.8 107.5 101.6 100.1 100.5 101.5

Nov 2007

107.5 107.6 101.7 101.3 101.2 104.3 110.4 101.8 100.0 101.6 102.5

Dec 2007

107.3 106.6 102.5 101.9 101.8 105.8 111.1 101.9 100.3 100.8 102.9

Jan 2008

108.9 108.2 104.6 103.3 103.2 107.9 113.4 102.9 100.3 100.9 104.0

Feb 2008

109.2 109.7 105.4 104.8 103.4 110.2 111.3 102.9 100.7 101.0 104.2

Mar 2008

112.6 113.9 107.1 106.0 103.9 113.9 115.0 103.5 100.7 101.1 105.0

Apr 2008

115.8 119.9 108.8 108.6 105.1 115.1 117.6 103.9 101.1 102.6 105.2

May 2008

119.1 123.8 109.7 109.0 105.3 117.8 120.8 104.6 101.1 103.2 106.8

Jun 2008

122.7 128.2 110.6 109.4 105.5 119.1 124.6 105.2 101.3 103.3 107.6

Jul 2008

124.4 130.2 111.0 110.5 105.6 120.7 127.8 106.0 101.7 104.6 108.1

Aug 2008

120.6 126.4 110.2 111.2 105.4 116.9 124.6 106.2 101.7 106.5 107.1

Sep 2008

116.2 119.9 108.6 110.6 104.2 112.0 121.2 106.1 101.1 105.7 105.8

Oct 2008

109.3 111.8 107.0 111.0 103.2 107.5 112.6 106.0 101.6 104.9 104.5

Nov 2008

101.2 101.7 104.2 109.1 101.6 101.7 104.2 105.3 101.9 104.3 102.8

Dec 2008

96.5 97.2 102.6 108.3 100.7 99.1 104.7 104.8 102.2 101.1 101.5

Jan 2009

95.3 95.5 102.7 110.0 101.8 99.0 103.2 104.4 102.4 98.4 100.1

Feb 2009

95.3 93.5 102.5 109.1 101.7 98.5 101.5 103.9 102.7 97.7 99.5

Mar 2009

95.8 93.2 102.1 109.3 100.9 98.8 100.6 103.3 102.6 96.8 99.4

Apr 2009

96.8 92.5 102.2 109.9 100.8 99.2 103.2 102.8 102.4 96.3 99.6

May 2009

98.5 94.1 102.1 109.9 100.7 99.5 106.5 102.8 102.4 96.3 100.3

Jun 2009

101.2 96.6 102.7 110.6 101.1 101.0 107.6 102.8 103.2 97.2 101.3

Jul 2009

100.6 96.0 102.9 111.6 101.7 101.1 105.7 102.7 103.3 96.9 100.9

Aug 2009

102.1 97.2 103.1 111.9 102.1 101.7 107.5 103.0 103.4 97.4 101.4

Sep 2009

102.3 98.2 103.6 112.8 102.5 101.8 108.1 102.9 103.5 97.6 101.3

Oct 2009

103.1 99.4 104.1 112.9 103.3 102.8 109.3 102.8 103.8 97.3 100.6

Nov 2009

104.6 102.2 104.8 113.8 104.4 103.4 110.2 102.8 103.8 97.3 101.0

Dec 2009

104.9 103.1 105.2 113.9 105.4 104.3 109.5 103.0 104.2 98.1 101.5

Jan 2010

106.2 106.9 105.5 113.9 106.2 104.5 111.3 102.7 104.3 99.0 100.9

Feb 2010

106.1 107.6 105.9 112.0 105.7 104.3 110.1 102.6 104.2 98.8 100.8

Mar 2010

106.5 107.6 105.9 111.6 105.1 105.2 111.5 102.5 104.5 98.6 99.6

Apr 2010

107.7 108.1 106.3 111.6 105.1 105.3 112.9 102.7 104.7 98.9 100.4

May 2010

106.8 106.4 106.3 111.6 104.8 105.4 111.4 103.0 104.8 99.8 100.1

Jun 2010

105.6 104.3 105.5 111.1 103.6 104.7 110.4 102.8 105.0 99.9 100.0

Jul 2010

105.6 104.7 105.2 111.1 103.2 104.3 109.5 102.9 105.0 100.3 100.5

Aug 2010

106.0 105.1 105.9 111.3 103.6 105.0 109.6 102.9 105.2 100.3 100.9

Sep 2010

106.0 104.8 106.0 111.4 104.0 105.4 109.9 102.9 105.4 100.5 101.5

Oct 2010

107.2 105.4 105.9 111.4 104.6 105.8 111.2 103.2 105.8 99.4 101.8

Nov 2010

108.9 108.2 106.6 111.7 104.9 106.4 112.0 103.5 106.0 99.2 102.7

Dec 2010

110.5 110.9 106.6 111.4 104.7 107.4 113.1 103.8 106.3 100.3 104.7

Jan 2011

112.1 112.2 107.7 111.7 104.9 109.1 114.6 104.2 106.9 101.0 106.8

Feb 2011

114.1 113.7 108.3 112.1 106.1 109.6 116.2 104.5 107.5 101.6 107.8

Mar 2011

117.5 116.6 109.7 108.4 106.5 110.9 120.9 105.1 107.7 103.2 108.9

Apr 2011

120.5 121.2 110.7 109.0 107.4 112.0 124.3 105.5 108.0 104.6 108.7

May 2011

120.7 122.2 111.6 109.5 108.2 112.1 122.9 105.8 108.1 105.1 108.8

Jun 2011

119.9 119.6 112.2 110.1 107.9 113.0 120.4 106.1 108.1 104.8 109.0

Jul 2011

120.1 119.3 112.9 110.6 108.1 112.4 120.2 106.4 108.0 104.2 109.4

Aug 2011

119.6 117.6 112.7 110.4 108.0 112.1 118.8 106.6 108.3 104.2 110.1

Sep 2011

119.5 116.1 112.7 110.3 108.0 111.7 119.3 106.9 108.3 104.1 110.2

Oct 2011

119.1 114.9 113.2 110.6 107.6 111.3 118.4 107.3 108.5 103.1 109.2

Nov 2011

119.9 116.1 113.0 110.6 107.5 111.1 119.5 107.6 108.5 102.9 109.5

Dec 2011

119.9 116.4 112.6 111.2 107.2 110.7 119.4 107.6 108.7 102.7 109.4

Jan 2012

119.9 115.7 111.6 111.2 106.2 111.7 120.6 107.9 108.9 102.7 109.6

Feb 2012

119.9 115.8 111.5 110.9 106.3 112.7 119.4 108.0 109.2 102.7 110.2

Mar 2012

121.6 115.1 112.6 111.4 107.2 114.2 120.8 107.9 109.1 102.6 110.7

Apr 2012

121.5 113.4 112.6 111.4 107.1 114.2 120.4 107.5 109.1 102.9 110.7

May 2012

119.7 112.6 112.3 111.3 106.9 112.9 118.8 107.4 109.2 102.7 110.3

Jun 2012

116.9 110.4 111.5 110.8 106.5 110.5 115.7 107.4 109.3 102.9 109.5

Jul 2012

116.1 108.5 111.2 110.3 106.6 110.4 115.6 107.4 109.3 102.9 109.3

Aug 2012

117.5 110.3 111.1 109.9 106.1 112.0 116.8 107.4 109.4 102.9 109.0

Sep 2012

118.7 112.9 110.9 110.0 106.4 112.5 117.7 107.2 109.6 103.2 109.1

Oct 2012

119.1 113.7 111.6 110.3 106.8 113.0 117.4 107.0 109.7 103.4 109.1

Nov 2012

118.2 114.1 111.6 110.6 107.0 112.3 115.3 107.0 109.6 102.2 108.3

Dec 2012

117.5 111.9 110.5 110.5 106.6 110.8 115.3 107.0 109.5 102.0 108.7

Jan 2013

118.1 112.1 112.2 111.0 107.4 111.5 116.1 106.9 109.5 101.8 108.8

Feb 2013

119.1 113.0 113.0 111.0 108.2 111.5 118.2 106.8 108.9 101.9 108.8

Mar 2013

119.1 113.8 112.1 112.0 107.9 107.9 118.1 106.6 108.7 102.0 108.3

Apr 2013

118.2 114.4 112.1 111.7 107.8 107.1 116.7 106.6 107.9 103.2 109.0

May 2013

117.5 115.1 111.7 111.8 107.8 106.8 116.6 105.9 107.5 103.4 109.2

Jun 2013

117.0 114.5 111.6 111.7 107.7 106.8 115.6 106.1 107.1 103.5 109.2

Jul 2013

117.1 114.3 112.1 111.6 107.9 106.7 115.9 106.0 106.7 103.2 109.0

Aug 2013

117.5 115.7 111.7 111.5 107.8 106.7 116.2 106.0 106.5 102.9 108.9

Sep 2013

117.9 115.4 112.1 111.7 108.2 107.4 116.2 106.1 106.4 102.7 109.3

Oct 2013

117.1 112.7 112.6 112.0 109.2 107.7 115.0 106.0 106.2 102.7 109.4

Nov 2013

116.1 110.3 112.9 112.4 109.4 108.1 113.7 106.1 106.1 103.1 109.5

Dec 2013

116.2 110.3 112.6 112.4 109.2 107.9 113.9 106.2 105.8 101.8 109.4

Jan 2014

116.6 112.4 113.5 112.7 110.3 108.3 114.1 106.1 105.5 101.6 109.2

Feb 2014

117.9 118.0 113.6 113.1 110.1 108.1 113.7 106.3 105.4 101.5 108.8

Mar 2014

118.5 119.9 113.8 112.2 110.5 108.4 115.0 106.2 105.6 101.2 109.0

Apr 2014

117.8 116.7 114.4 112.1 111.1 109.1 114.9 106.2 105.4 100.8 108.8

May 2014

118.1 116.4 114.8 112.8 111.3 109.6 114.9 106.6 105.3 100.8 108.7

Jun 2014

118.5 117.2 114.9 113.1 111.7 109.8 114.8 106.6 105.3 100.8 108.3

Jul 2014

118.1 116.6 115.0 112.9 110.8 110.5 114.3 106.3 105.0 100.8 108.1

Aug 2014

117.2 113.8 115.3 113.0 110.8 110.5 114.1 106.1 105.0 100.7 107.9

Sep 2014

116.3 112.7 113.5 112.9 110.2 110.2 113.4 106.1 104.9 100.8 106.4

Oct 2014

114.7 110.8 113.1 113.1 110.8 109.4 112.2 106.1 104.9 100.7 106.6

Nov 2014

112.6 107.3 113.6 113.0 110.3 106.4 110.9 106.0 104.8 100.5 106.0

Dec 2014

109.7 100.9 113.2 112.7 110.0 106.4 108.8 106.1 104.3 100.2 105.8

Jan 2015

106.2 95.3 111.4 112.9 110.0 100.3 105.7 105.9 103.6 99.3 104.7

Feb 2015

105.8 94.4 111.1 112.4 109.2 101.9 105.7 105.8 103.4 99.2 104.5

Mar 2015

105.6 93.7 110.9 112.3 108.9 101.9 105.9 105.7 103.3 98.5 104.3

Apr 2015

105.5 94.3 110.3 111.9 108.6 101.5 106.0 105.7 102.8 98.3 103.2

May 2015

106.7 96.7 111.1 111.5 108.5 101.7 106.5 105.4 102.7 98.5 103.1

Jun 2015

106.7 98.1 111.4 111.8 108.9 101.8 106.5 105.3 102.1 97.7 102.7

Jul 2015

105.7 95.9 111.3 111.7 108.9 101.7 105.7 105.1 101.8 97.4 102.5

Aug 2015

103.9 91.0 110.7 111.7 108.7 101.3 104.3 105.0 101.5 97.5 103.0

Sep 2015

102.8 88.3 109.5 111.7 108.8 101.3 103.5 104.8 101.4 97.5 102.5

Oct 2015

102.4 88.7 109.8 111.5 108.8 101.2 102.9 104.7 101.4 97.4 102.4

Nov 2015

101.9 88.2 109.4 111.3 108.8 100.7 102.5 104.4 101.5 96.8 102.3

Dec 2015

100.6 85.6 109.0 111.1 108.4 99.9 101.7 104.3 101.3 96.5 101.9

Jan 2016

99.3 82.5 108.8 112.1 105.4 101.8 101.1 104.2 101.2 95.9 101.1

Feb 2016

98.8 81.3 108.3 112.2 105.7 101.5 100.0 104.0 101.4 96.6 100.4

Mar 2016

99.2 82.6 108.1 112.4 105.6 98.9 100.2 103.8 101.4 96.0 100.4

Apr 2016

99.9 85.3 108.3 112.5 105.3 99.0 100.5 103.7 101.4 95.9 100.8

May 2016

101.1 87.9 109.0 112.7 105.4 99.3 101.4 103.6 101.5 96.0 100.9

Jun 2016

101.8 90.0 109.1 112.5 105.4 99.3 102.1 103.4 101.5 95.6 101.4

Jul 2016

101.9 89.9 108.7 112.5 105.3 99.2 102.3 103.4 101.8 95.2 100.9

Aug 2016

101.6 88.7 108.3 112.3 104.9 99.3 101.7 103.2 102.2 95.4 100.8

Sep 2016

101.7 88.8 108.3 111.9 105.1 98.8 101.7 103.1 102.3 95.7 101.1

Oct 2016

102.2 90.3 108.8 111.9 104.5 98.7 101.7 103.0 102.6 95.6 101.3

Nov 2016

102.1 89.7 108.8 111.9 104.4 98.3 100.6 102.6 102.9 95.6 101.3

Dec 2016

102.5 91.4 108.7 111.8 103.9 98.2 100.6 102.6 102.9 95.7 101.5

Jan 2017

103.1 93.2 109.2 111.3 105.3 98.2 99.4 102.3 102.4 95.7 101.6

Feb 2017

103.5 94.2 109.1 111.0 105.5 98.4 99.8 102.4 102.6 96.3 101.9

Mar 2017

103.3 93.2 109.2 111.4 105.5 98.4 100.2 102.6 102.8 96.6 102.0

Apr 2017

103.5 93.3 109.2 110.8 106.0 97.9 102.2 102.5 102.7 97.3 102.1

May 2017(4)

103.2 92.7 109.2 110.8 105.9 98.1 102.3 102.5 102.7 97.3 102.1
Footnotes:

(1)European Union countries.

(2)Asian Newly Industrialized Countries — Hong Kong, Singapore, South Korea and Taiwan.

(3)Association of Southeast Asian Nations — Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam.

(4)Preliminary.

From June 2014 to May 2017, prices for imports originating in the European Union decreased 5.0 percent, including a 10.7-percent decrease in prices for imports from the United Kingdom. Prices for Chinese imports declined 3.8 percent during this period, and prices for imports from Japan declined 2.5 percent.

From May 2016 to May 2017, prices for all imports increased 2.1 percent. Prices for imports originating in Canada increased 5.4 percent during this period, while prices for imports from Mexico increased 1.0 percent. Prices for imports from Japan increased 1.2 percent over the year ending May 2017, and prices for imports originating in China decreased 1.1 percent.

These data are from the International Price program. Import and export prices are subject to revision. To learn more, see “U.S. Import and Export Prices — May 2017” (HTML) (PDF). See more charts on import and export price trends in Charts related to the latest “U.S. Import and Export Price Indexes” news release.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Import prices decline 12.9 percent from June 2014 to May 2017 on the Internet at https://www.bls.gov/opub/ted/2017/import-prices-decline-12-point-9-percent-from-june-2014-to-may-2017.htm (visited September 19, 2019).

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