Import prices up 4.1 percent for the year ended in April

May 16, 2017

Prices for U.S. imports rose 4.1 percent for the year ended in April 2017. The price index for import fuel increased 42.7 percent over the past year, in contrast to a 31.7-percent decline for the previous 12-month period ended in April 2016.

 

Import prices 12-month percentage change in April, selected categories, 2007 to 2017
Year All commodities Fuels & lubricants All imports excluding fuels Automotive vehicles, parts & engines Consumer goods, excluding automotives Household goods Foods, feeds, & beverages Computers

2007

2.1 0.5 2.7 0.9 1.8 1.5 8.7 -5.2

2008

16.9 59.7 6.0 3.2 3.3 3.8 13.8 -1.6

2009

-16.4 -50.8 -3.8 -0.1 -0.5 -0.4 -3.3 -5.4

2010

11.2 54.4 3.2 0.7 0.4 -1.5 7.3 -1.5

2011

11.9 37.3 4.6 3.0 0.8 0.0 20.3 -3.1

2012

0.8 -0.5 1.3 2.4 2.3 1.3 -2.6 -7.1

2013

-2.7 -8.1 -0.7 0.0 0.3 0.1 -0.7 0.2

2014

-0.4 0.8 -0.6 -1.0 0.3 -0.8 4.4 -1.2

2015

-10.5 -45.3 -2.2 -1.9 -0.8 -2.2 -2.4 2.0

2016

-5.3 -31.7 -2.0 -0.8 -0.5 -1.4 -2.1 -1.9

2017

4.1 42.7 1.1 0.4 0.2 -1.1 3.3 -2.2

Prices for nonfuel imports increased 1.1 percent for the year ended in April 2017, compared with a decrease of 2.0 percent for the year ended in April 2016

Foods, feeds, and beverages prices increased 3.3 and prices for consumer goods increased 0.2 percent over the year ended in April 2017.

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 — April 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 up 4.1 percent for the year ended in April on the Internet at https://www.bls.gov/opub/ted/2017/import-prices-up-4-point-1-percent-for-the-year-ended-in-april.htm (visited May 28, 2017).

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