Thursday, September 12, 2013Tweet
[IWS] BLS: U.S. IMPORT AND EXPORT PRICE INDEXES - AUGUST 2013 [12 September 2013]
IWS Documented News Service
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
U.S. IMPORT AND EXPORT PRICE INDEXES - AUGUST 2013 [12 September 2013]
[full-text, 16 pages]
Supplemental Files Table of Contents
Prices for U.S. imports were unchanged in August, the U.S. Bureau of Labor Statistics reported today, after
ticking up 0.1 percent in July. In August, higher fuel prices were offset by declining nonfuel prices. U.S.
export prices fell 0.5 percent in August following a 0.1 percent decrease the previous month.
All Imports: Import prices have recorded little change the past 2 months, after decreasing 1.8 percent over
the prior 4 months. The recent decline contributed to a 0.4 percent drop in import prices for the year ended
in August. The decrease from August 2012 to August 2013 was led by lower nonfuel prices, which more
than offset higher fuel prices.
Fuel Imports: The price index for import fuel rose 0.5 percent in August, after advancing 1.8 percent in
July. The increases for both months were led by rising petroleum prices, which advanced 0.8 percent in
August and 2.7 percent in July. In contrast, natural gas prices fell 9.0 percent in August, after decreasing
22.2 percent the previous month. Overall fuel prices advanced 2.2 percent over the past 12 months, as the
price indexes for both petroleum and natural gas rose from August 2012 to August 2013, advancing 1.9
percent and 13.8 percent, respectively.
All Imports Excluding Fuel: Prices for nonfuel imports continued to trend down in August, falling 0.2
percent. The August decrease followed a 0.4 percent drop in July, and was the sixth consecutive monthly
decline. Falling prices for nonfuel industrial supplies and materials and finished goods drove the August
drop in nonfuel import prices. The price index for nonfuel imports also decreased over the past year,
declining 1.0 percent.
AND MUCH MORE...including TABLES....
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