Friday, November 13, 2009
Tweet[IWS] BLS: U.S. IMPORT AND EXPORT PRICE INDEXES - OCTOBER 2009 [13 October 2009]
IWS Documented News Service
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
________________________________________________________________________
U.S. IMPORT AND EXPORT PRICE INDEXES - OCTOBER 2009 [13 October 2009]
http://www.bls.gov/news.release/ximpim.nr0.htm
or
http://www.bls.gov/news.release/pdf/ximpim.pdf
[full-text, 16 pages]
and
Supplemental Files Table of Contents
http://www.bls.gov/web/ximpim.supp.toc.htm
The U.S. Import Price Index rose 0.7 percent in October, the U.S. Bureau of Labor Statistics reported today,
led by a 1.8 percent increase in fuel prices. The rise followed a 0.2 percent increase in September. U.S.
export prices advanced 0.3 percent in October after decreasing 0.2 percent the previous month.
Imports
All Imports: The increase in U.S. imports in October continued the recent upward trend for the index.
Import prices have risen in seven of the past eight months and were up 8.1 percent over that period. Despite
the recent increases, import prices declined 5.7 percent for the year ended in October driven by a 12.8
percent drop in prices between October 2008 and January 2009.
Fuel Imports: Prices for import fuel advanced 1.8 percent in October after a 1.5 percent decline the
previous month. A 24.1 percent increase in natural gas prices led the overall advance in October, while
petroleum prices were also a contributing factor, advancing 0.9 percent. However, the price indexes for
natural gas and petroleum both declined over the past year, falling 46.4 percent and 12.2 percent,
respectively.
All Imports Excluding Fuel: Nonfuel import prices rose 0.4 percent in October as higher prices for
industrial supplies and materials, finished goods, and foods, feeds, and beverages all contributed to the
advance. Prices for nonfuel imports rose between 0.4 percent and 0.5 percent in each of the past three
months, the largest monthly advances since a 0.6 percent increase in July 2008. The index declined 2.9
percent over the past 12 months as sharp decreases at the end of 2008 more than offset the recent rises.
AND MUCH MORE...including TABLES....
______________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
Stuart Basefsky
Director, IWS News Bureau
Institute for Workplace Studies
Cornell/ILR School
16 E. 34th Street, 4th Floor
New York, NY 10016
Telephone: (607) 255-2703
Fax: (607) 255-9641
E-mail: smb6@cornell.edu
****************************************
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
________________________________________________________________________
U.S. IMPORT AND EXPORT PRICE INDEXES - OCTOBER 2009 [13 October 2009]
http://www.bls.gov/news.release/ximpim.nr0.htm
or
http://www.bls.gov/news.release/pdf/ximpim.pdf
[full-text, 16 pages]
and
Supplemental Files Table of Contents
http://www.bls.gov/web/ximpim.supp.toc.htm
The U.S. Import Price Index rose 0.7 percent in October, the U.S. Bureau of Labor Statistics reported today,
led by a 1.8 percent increase in fuel prices. The rise followed a 0.2 percent increase in September. U.S.
export prices advanced 0.3 percent in October after decreasing 0.2 percent the previous month.
Imports
All Imports: The increase in U.S. imports in October continued the recent upward trend for the index.
Import prices have risen in seven of the past eight months and were up 8.1 percent over that period. Despite
the recent increases, import prices declined 5.7 percent for the year ended in October driven by a 12.8
percent drop in prices between October 2008 and January 2009.
Fuel Imports: Prices for import fuel advanced 1.8 percent in October after a 1.5 percent decline the
previous month. A 24.1 percent increase in natural gas prices led the overall advance in October, while
petroleum prices were also a contributing factor, advancing 0.9 percent. However, the price indexes for
natural gas and petroleum both declined over the past year, falling 46.4 percent and 12.2 percent,
respectively.
All Imports Excluding Fuel: Nonfuel import prices rose 0.4 percent in October as higher prices for
industrial supplies and materials, finished goods, and foods, feeds, and beverages all contributed to the
advance. Prices for nonfuel imports rose between 0.4 percent and 0.5 percent in each of the past three
months, the largest monthly advances since a 0.6 percent increase in July 2008. The index declined 2.9
percent over the past 12 months as sharp decreases at the end of 2008 more than offset the recent rises.
AND MUCH MORE...including TABLES....
______________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
Stuart Basefsky
Director, IWS News Bureau
Institute for Workplace Studies
Cornell/ILR School
16 E. 34th Street, 4th Floor
New York, NY 10016
Telephone: (607) 255-2703
Fax: (607) 255-9641
E-mail: smb6@cornell.edu
****************************************
# posted by SBasefsky : 9:24 AM
