Technical Information Jim Thomas (202) 606-7155 USDL-97-367 Bill Alterman (202) 606-7108 For release: 10:00 A.M. E.D.T. Media contact: Friday, October 17, 1997 Kathryn Hoyle (202) 606-5902 Internet Address: http://stats.bls.gov/ipphome.htm U.S. IMPORT AND EXPORT PRICE INDEXES -SEPTEMBER 1997- The U.S. Import Price Index fell 0.1 percent in September, the Bureau of Labor Statistics of the U.S. Department of Labor reported. The decrease was the same as the decline in August and marked the fourth consecutive monthly decline for the index. The Export Price Index decreased 0.4 percent in September after rising 0.1 percent in the previous month. Percent changes in import and export price indexes by End Use category - not seasonally adjusted - IMPORTS EXPORTS Month Non- Agri- Nonagri- All Petroleum petroleum All cultural cultural Imports Imports Imports Exports Exports Exports 1996 September 1.2 7.5 0.4 -0.8 -7.3 0.2 October 0.5 7.1 -0.3 -0.2 -2.6 0.0 November -0.2 -0.8 -0.1 -0.4 -2.3 0.0 December 0.3 2.0 0.1 0.0 -0.9 0.1 1997 January -0.3 0.6 -0.4 0.1 0.1 0.0 February -0.9 -8.1 -0.1 0.2 2.1 0.0 March -1.3 -8.7 -0.4 0.1 1.5 -0.1 April -1.1 -7.3 -0.5 0.0 -0.4 0.0 May 0.0 1.1 -0.1 -0.3 -1.2 0.0 June -0.1 -2.0 0.1 -0.1 -2.0 0.1 July -0.2 r -1.2 r -0.2 -0.1 -1.2 r 0.0 August -0.1 2.5 r -0.2 r 0.1 0.2 r 0.0 September -0.1 -0.1 -0.2 -0.4 -0.1 -0.4 September 1995-96 1.0 27.2 -1.5 -0.6 3.7 -1.1 September 1996-97 -3.5 -15.0 -2.3 -1.0 -6.7 -0.3 r = revised to reflect late reports and corrections by respondents. Import Goods Import prices, down 3.5 percent over the past 12 months, declined in September, the eighth drop in the first nine months of 1997. The September decrease was due to declines in both petroleum and nonpetroleum import prices. For the second consecutive month, nonpetroleum prices led the decline, falling 0.2 percent in September, the same as in the previous two months. For the September 1996-97 period, nonpetroleum import prices fell 2.3 percent. The petroleum index also fell in September, dipping 0.1 percent after rising 2.5 percent in August. For the year ended in September, the petroleum index decreased 15.0 percent. The decrease in nonpetroleum import prices was again led by falling capital goods prices, which dropped 0.5 percent in September after 0.8 and 0.4 percent declines in August and July, respectively. Capital goods prices, which have increased in only two months since November 1995, were down 6.7 percent for the year ended in September. In addition, prices for imported consumer goods excluding automotives fell 0.2 percent for the second consecutive month. For the year ended in September, the index dropped 1.2 percent. In contrast, the price index for imported foods, feeds, and beverages posted an upturn in September, rising 0.9 percent after decreasing in the previous two months. Import prices for both industrial supplies and materials excluding petroleum and for automotive vehicles, parts, and engines each edged up 0.1 percent last month and were up just 0.1 percent and 0.2 percent over the past year, respectively. Export Goods Export prices declined last month for the fourth time in the past five months. The index for nonagricultural exports had the largest impact, falling 0.4 percent in September. The decrease in nonagricultural export prices was only the second posted since August 1996 and was the largest single month drop since August 1995. The index for agricultural export prices also fell in September, down 0.1 percent, partially reversing the gain of 0.2 percent in August. The index for capital goods, which accounts for about 44 percent of the overall export index, dropped 0.6 percent in September. Prices for exported nonagricultural industrial supplies and materials also fell in September, down 0.4 percent after decreasing 0.3 percent in the prior month. The decrease was led by downturns for paper, chemical, and lumber prices. Export prices for consumer goods and for automotive vehicles were relatively stable for the second consecutive month after both had increased 0.2 percent in July. In both September and August, the index for automotive vehicles, parts, and engines fell a modest 0.1 percent, while the index for consumer goods edged up 0.1 percent. Imports by Locality of Origin The price index for imports from Japan fell 0.2 percent in September after decreasing 0.3 percent in the previous month. (See table 7.) For the September 1996-1997 period, the index fell 4.7 percent. Import prices from the European Union fell 0.4 percent on average in September, after edging up 0.1 percent in August. Over the past 12 months, the index was down 2.4 percent. Prices for imports from the Asian Newly Industrialized Countries also resumed a downward trend in September, falling 0.8 percent after recording no change in the previous month. The September decrease was the largest decline posted for this index since monthly publication began in 1993. For the year, the index fell 3.8 percent. In contrast, the price index for imports from Canada rose for the second consecutive month, up 0.3 percent and 0.2 percent in September and August, respectively. Over the past 12 months, however, the index fell 0.8 percent. Import and Export Services The Import Air Freight Index decreased 2.0 percent from June to September. The quarterly decline was primarily attributable to a decrease of 4.3 percent in the Atlantic region. The Export Air Freight Index continued to move downward with a 1.2 percent decrease this quarter. The Import Air Passenger Fares Index edged down 1.9 percent during the third quarter, partially reversing the gains recorded for the previous two quarters. The Pacific region led this decrease with a drop of 9.8 percent. The Export Air Passenger Fares Index fell 2.9 percent this quarter. The decline was primarily attributable to a 5.2 percent decline in the Pacific region. The Import Ocean Liner Freight Index declined for the sixth consecutive quarter, falling 1.9 percent. Both the U.S. East Coast and U.S. West Coast indexes contributed to the decline with decreases of 2.3 percent and 1.6 percent, respectively. CONTENTS OF RELEASE This news release includes the following tables: Table 1 Import Price Indexes, by End Use.....page 4 Table 2 Export Price Indexes, by End Use.....page 5 Table 3 Import Price Indexes, by SITC.....pages 6-7 Table 4 Export Price Indexes, by SITC.....pages 8-9 Table 5 Import Price Indexes, by Harmonized System.....pages 10-11 Table 6 Export Price Indexes, by Harmonized System.....pages 12-13 Table 7 Import Price Indexes, by Locality of Origin.....page 14 Table 8 U.S. Import and Export Price Indexes for Services.....page 15 Table 9 U.S. International Price Indexes for Services.....page 16 ------------------------------------------------------------------------- Import and Export Price Index data for October are scheduled for release on November 19 at 10:00 a.m. (EST). TECHNICAL NOTE Import and Export Merchandise and Services Price Indexes -- All indexes use a modified Laspeyres formula and are weighted with 1995 trade weights. The merchandise price indexes are published using three classifications: the Harmonized System (HS), the Bureau of Economic Analysis End Use System, and the Standard International Trade Classification (SITC) system, Rev. 3. Price indexes for internationally traded services are presented using two definitions: Balance of Payments (which represents transactions between U.S. and foreign residents) and International (which represents all transactions with U.S. importers or exporters, regardless of nationality). Published series use a base year of 1995=100 where possible. Net transaction price data are collected every month for over 20,000 products from over 6,000 companies and secondary sources. Indexes are not seasonally adjusted. More detailed index series and additional information may be obtained from the Division of International Prices, Bureau of Labor Statistics, 2 Massachusetts Avenue N.E., PSB 3955, Washington, DC 20212 or (202) 606- 7155. Import Price Indexes -- Products have been classified by the 1995 Harmonized Tariff Schedule of the United States Annotated (TSUSA). Import prices are based on U.S. dollar prices paid by the U.S. importer. The prices are generally either "free on board" (f.o.b.) foreign port or "cost, insurance, and freight" (c.i.f.) U.S. port transaction prices, depending on the practices of the individual industry. The index for crude petroleum is calculated from data collected by the U.S. Department of Energy. Export Price Indexes -- Products have been classified by the 1995 Harmonized Schedule B classification system of the U.S. Bureau of the Census. The prices used are generally either "free alongside ship" (f.a.s.) factory or "free on board" (f.o.b.) transaction prices, depending on the practices of the individual industry. Prices used in the grain index, excluding rice, are obtained from the U.S. Department of Agriculture. Import Indexes by Locality of Origin -- Prices used in these indexes are a subset of the data collected for the Import Price Indexes. Prior to January 1993, nonmanufactured goods were defined as SITC 0-4 and manufactured goods were defined as SITC 5-8. Beginning with January 1993, the indexes are defined by locality of origin using a nomenclature based upon the Standard Industrial Classification (SIC-based). Nonmanufactured goods are defined as SIC 0-1, and manufactured goods are defined as SIC 2-3. The indexes use 1995 weights and a base of 1995=100. Import, Export, and International Services Indexes -- Indexes are calculated on a quarterly basis. The figures for services indexes will not sum up to the aggregate dollar value because not all categories are shown in the tables. Revenue figures for air passenger indexes exclude frequent flyer tickets and those sold by consolidators. Indexes for crude oil tanker freight are calculated from data collected by the U. S. Department of Energy and the publication of these indexes is lagged one quarter. Revision policy -- Data are revised for the previous three months to reflect the availability of late reports and corrections by respondents. Uses of the Data -- The primary use of the indexes is to deflate trade statistics. For merchandise trade, the End Use classification system is the structure used by the U.S. Department of Commerce in the construction of the foreign trade sector of the National Income and Product Accounts. Indexes published using the Harmonized System and the Standard International Trade Classification, Rev. 3, both international structures, are useful for general market analysis. For trade in international services, Balance of Payments indexes are used for deflating National Accounts data, while International indexes are more appropriate for market analysis. Merchandise and services indexes also can be used to study U.S. competitiveness and price elasticities, and the merchandise import indexes by country or region of origin are useful for terms of trade analysis. The import and export news release contains monthly price indexes at the two-digit level of detail. If you would like to be added to the mailing list for more detailed tables, please fill out the form below and mail or fax it to the following address: Division of International Prices Bureau of Labor Statistics PSB Building, Rm. 3955 2 Massachusetts Avenue, N.E. Washington, DC 20212 Phone Number: (202) 606-7155 Fax Number: (202) 606-7179 --------------------------------------------------------------------------- IPP Order Form Please add my name to the mailing list for the following publications. 1. Monthly News Release ______ 2. Harmonized System Indexes ______ 3. SITC Indexes ______ 4. BEA End-Use Indexes ______ 5. Locality Of Origin Indexes ______ 6. Services Indexes ______ Name______________________________________________________ Address___________________________________________________ ____________________________________________ ____________________________________________ Phone Number ( ) ______________________________ Table 1 U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods, September 1996-September 1997 1995=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance Sept. May June July Aug. END Description 1996 1997 1997 1997 1997 USE August August Septemberto to to to to 1997 1997 1997 Sept. June July Aug. Sept. 1/ 2/ 1997 1997 1997 1997 1997 ALL COMMODITIES 100.000 97.9 97.8 -3.5 -0.1 -0.2 -0.1 -0.1 ALL IMPORTS EXCLUDING PETROLEUM 91.569 96.9 96.7 -2.3 0.1 -0.2 -0.2 -0.2 0 FOODS, FEEDS, & BEVERAGES 4.744 99.2 100.1 1.9 1.1 -2.6 -0.1 0.9 00 Agricultural foods, feeds & beverages, excluding distilled beverages 3.389 97.3 98.6 0.5 1.0 -3.8 -0.1 1.3 01 Nonagricultural foods (fish, distilled beverages) 1.355 104.1 104.1 5.8 1.3 1.1 -0.1 0.0 1 INDUSTRIAL SUPPLIES & MATERIALS 27.024 100.9 101.0 -5.2 -0.6 -0.2 0.7 0.1 INDUSTRIAL SUPPLIES & MATERIALS EXCLUDING PETROLEUM 18.593 98.1 98.2 0.1 0.0 0.3 -0.1 0.1 INDUSTRIAL SUPPLIES & MATERIALS, DURABLE 9.876 99.7 100.1 1.2 0.2 -0.1 -0.3 0.4 INDUSTRIAL SUPPLIES & MATERIALS, NONDURABLE EXCLUDING PETROLEUM 8.717 96.3 96.1 -1.3 -0.2 0.6 0.2 -0.2 10 Fuels & lubricants 9.578 106.9 106.9 -13.4 -1.8 -0.3 2.2 0.0 100 Petroleum & petroleum products 8.433 105.8 105.7 -15.0 -2.0 -1.2 2.5 -0.1 10000 Crude 6.675 105.4 105.1 -17.4 -3.1 -0.7 2.3 -0.3 11 Paper & paper base stocks 1.796 82.7 83.3 -3.5 -0.1 0.2 0.7 0.7 12 Materials associated with nondurable supplies & materials 5.981 95.6 95.0 -2.5 -0.5 -0.3 0.1 -0.6 13 Selected building materials 2.178 111.7 111.8 -1.9 -2.2 0.4 -1.0 0.1 14 Unfinished metals associated with durable goods 4.578 97.6 98.7 5.8 1.9 -0.5 0.1 1.1 15 Finished metals associated with durable goods 1.440 96.3 96.3 -2.8 -0.4 0.0 -0.3 0.0 16 Nonmetals associated with durable goods 1.474 95.1 94.2 -3.7 -0.1 -0.1 -0.5 -0.9 2 CAPITAL GOODS 28.503 91.0 90.5 -6.7 0.1 -0.4 -0.8 -0.5 20 Electric & electrical generating equipment 3.340 97.0 96.7 -2.4 -0.2 -0.2 0.1 -0.3 21 Nonelectrical machinery 23.482 88.9 88.2 -8.1 0.1 -0.4 -0.9 -0.8 3 AUTOMOTIVE VEHICLES, PARTS & ENGINES 17.711 101.0 101.1 0.2 0.5 0.1 0.1 0.1 4 CONSUMER GOODS, EXCLUDING AUTOMOTIVES 22.018 99.4 99.2 -1.2 -0.2 0.1 -0.2 -0.2 40 Nondurables, manufactured 10.859 100.9 100.8 -0.1 0.0 -0.1 0.0 -0.1 41 Durables, manufactured 10.077 97.8 97.5 -2.4 0.1 0.0 -0.3 -0.3 42 Nonmanufactured consumer goods 1.082 99.8 98.7 -0.7 -3.6 0.7 0.0 -1.1 1 Relative importance figures are based on n.a. Not available 1995 trade values. 2 Data for June, July and August 1997 have been revised to reflect the availability of late reports and corrections by respondents. All data are subject to revision in each of the three months after original publication. NOTE: Published categories may include price data not shown separately Table 2 U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods, September 1996-September 1997 1995=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance Sept. May June July Aug. END Description 1996 1997 1997 1997 1997 USE August August Septemberto to to to to 1997 1997 1997 Sept. June July Aug. Sept. 1/ 2/ 1997 1997 1997 1997 1997 ALL COMMODITIES 100.000 99.3 98.9 -1.0 -0.1 -0.1 0.1 -0.4 AGRICULTURAL COMMODITIES 10.502 100.3 100.2 -6.7 -2.0 -1.2 0.2 -0.1 NONAGRICULTURAL COMMODITIES 89.499 99.1 98.7 -0.3 0.1 0.0 0.0 -0.4 0 FOODS, FEEDS, & BEVERAGES 9.502 101.8 101.8 -6.8 -2.2 -1.2 0.7 0.0 00 Agricultural foods, feeds & beverages, excluding distilled beverages 8.743 102.5 102.2 -7.8 -2.4 -1.4 0.2 -0.3 01 Nonagricultural foods (fish, distilled beverages) 0.759 96.3 98.6 4.4 -0.5 1.6 8.2 2.4 1 INDUSTRIAL SUPPLIES & MATERIALS 25.360 95.5 95.1 0.0 0.3 0.2 -0.2 -0.4 INDUSTRIAL SUPPLIES & MATERIALS, DURABLE 9.865 96.3 96.0 0.1 0.4 0.2 -0.4 -0.3 INDUSTRIAL SUPPLIES & MATERIALS, NONDURABLE 15.496 94.9 94.6 0.1 0.1 0.3 -0.2 -0.3 10 Agricultural industrial supplies & materials 1.759 92.3 93.0 -2.2 -1.1 0.7 0.1 0.8 NONAGRICULTURAL INDUSTRIAL SUPPLIES & MATERIALS 23.601 95.7 95.3 0.2 0.4 0.2 -0.3 -0.4 11 Fuels & lubricants 2.424 110.4 110.7 -0.5 0.0 0.1 0.3 0.3 12 Nonagricultural supplies & materials excluding fuels & building materials 19.624 93.2 92.8 0.4 0.5 0.3 -0.4 -0.4 13 Selected building materials 1.553 94.1 93.4 -3.4 -0.6 -0.1 -0.6 -0.7 2 CAPITAL GOODS 43.814 100.0 99.4 -1.2 0.1 -0.2 0.0 -0.6 20 Electric & electrical generating Equipment 4.399 102.0 101.6 0.9 0.5 0.1 0.8 -0.4 21 Nonelectrical machinery 34.093 97.4 96.7 -2.3 -0.2 -0.3 0.0 -0.7 3 AUTOMOTIVE VEHICLES, PARTS & ENGINES 9.598 102.2 102.1 1.0 0.0 0.2 -0.1 -0.1 4 CONSUMER GOODS, EXCLUDING AUTOMOTIVES 11.727 102.3 102.4 0.8 0.1 0.2 0.1 0.1 40 Nondurables, manufactured 6.165 101.7 101.8 0.3 0.3 0.2 0.0 0.1 41 Durables, manufactured 5.019 102.2 102.0 0.5 -0.1 0.0 0.2 -0.2 1 Relative importance figures are based on n.a. Not available 1995 trade values. 2 Data for June, July and August 1997 have been revised to reflect the availability of late reports and corrections by respondents. All data are subject to revision in each of the three months after original publication. NOTE: Published categories may include price data not shown separately Table 3 U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods, September 1996-September 1997 1995=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance Sept. May June July Aug. SITC Description 1996 1997 1997 1997 1997 Rev. 3 August August Septemberto to to to to 1997 1997 1997 Sept. June July Aug. Sept. 1/ 2/ 1997 1997 1997 1997 1997 ALL COMMODITIES 100.000 97.9 97.8 -3.5 -0.1 -0.2 -0.1 -0.1 0 FOOD AND LIVE ANIMALS 4.095 100.9 102.9 6.5 1.6 -3.2 0.5 2.0 01 Meat and meat preparations 0.358 104.2 103.9 3.1 -1.5 0.0 2.3 -0.3 03 Fish, crustaceans, aquatic invertebrates and preparations thereof 1.030 104.6 104.5 7.7 1.5 0.8 0.2 -0.1 05 Vegetables and fruit, prepared fresh or dried 1.084 103.2 109.6 2.9 0.7 -0.5 2.0 6.2 07 Coffee, tea, cocoa, spices and manufactures thereof 0.681 97.6 100.0 26.7 9.8 -16.0 -1.9 2.5 3/ Other food and live animals (9612=100) 0.942 100.3 99.9 n.a. -2.5 -0.4 0.3 -0.4 1 BEVERAGES AND TOBACCO 0.842 107.7 107.8 2.8 0.5 0.2 0.0 0.1 11 Beverages 0.708 104.2 104.3 1.9 0.5 0.2 0.0 0.1 2 CRUDE MATERIALS, INEDIBLE, EXCEPT FUELS 2.992 96.9 95.4 -1.6 -2.4 0.0 -0.5 -1.5 23 Crude rubber (including synthetic and reclaimed) 0.258 77.7 72.1 -15.8 2.2 -6.7 -0.8 -7.2 24 Cork and wood 1.102 120.9 121.4 -3.7 -3.5 0.7 -1.9 0.4 25 Pulp and waste paper 0.377 67.9 68.1 2.3 2.2 1.1 2.1 0.3 28 Metalliferous ores and metal scrap 0.642 105.0 104.5 7.3 0.2 -0.9 0.2 -0.5 29 Crude animal and vegetable materials, n.e.s. (9612=100) 0.262 101.8 95.3 n.a. -17.6 4.9 -0.3 -6.4 3/ Other crude materials, inedible, except fuels (9612=100) 0.351 97.8 94.3 n.a. 1.2 0.5 0.1 -3.6 3 MINERAL FUELS, LUBRICANTS AND RELATED MATERIALS 9.247 106.4 106.7 -13.5 -1.9 -0.2 1.9 0.3 33 Petroleum, petroleum products and related materials 8.019 105.3 105.4 -15.2 -2.3 -1.0 2.2 0.1 34 Gas, natural and manufactured 1.105 119.7 121.3 4.8 1.2 5.7 -0.1 1.3 5 CHEMICALS AND RELATED PRODUCTS, N.E.S. 5.579 96.4 96.1 -2.9 -0.1 -0.2 0.2 -0.3 51 Organic chemicals 1.609 97.3 96.6 -2.3 -0.7 0.3 1.2 -0.7 52 Inorganic chemicals 0.672 98.6 99.4 -1.0 -1.8 -1.1 0.7 0.8 53 Dyeing, tanning and coloring materials 0.283 95.4 95.0 -7.4 0.8 -0.2 -2.4 -0.4 54 Medicinal and pharmaceutical products 0.906 96.2 95.7 -5.5 0.9 0.1 -0.2 -0.5 55 Essential oils; polishing and cleansing preps 0.321 97.8 97.0 -3.2 -1.7 -0.1 0.9 -0.8 57 Plastics in primary forms 0.366 91.9 92.6 -1.0 0.8 0.1 0.2 0.8 58 Plastics in nonprimary forms 0.553 87.4 87.0 0.3 3.3 0.1 -1.5 -0.5 59 Chemical materials and products, n.e.s. 0.655 103.3 103.1 -4.5 -0.7 -0.3 0.1 -0.2 6 MANUFACTURED GOODS CLASSIFIED CHIEFLY BY MATERIAL 12.563 96.6 96.9 -0.1 0.4 -0.2 0.0 0.3 62 Rubber manufactures, n.e.s. 0.719 95.8 95.0 -4.6 0.2 -0.9 -0.9 -0.8 63 Cork and wood manufactures other than furniture 0.562 99.9 99.2 -1.5 -0.5 0.2 0.7 -0.7 64 Paper, paperboard, and articles of paper pulp, paper or paper board 1.596 88.0 88.7 -4.7 -0.5 0.1 0.5 0.8 65 Textile yarn, fabrics, made-up articles, n.e.s., and related product 1.410 99.7 100.0 -0.3 0.2 -0.4 -0.4 0.3 66 Nonmetallic mineral manufactures, n.e.s. 2.138 102.5 102.0 -0.3 -0.6 0.4 -0.5 -0.5 67 Iron and steel 2.037 96.3 96.3 -1.4 -0.2 0.1 -0.1 0.0 68 Nonferrous metals 1.966 95.2 97.6 12.6 3.6 -0.9 1.1 2.5 69 Manufactures of metals, n.e.s. 1.968 98.3 98.1 -3.0 0.1 -0.2 -0.5 -0.2 7 MACHINERY AND TRANSPORT EQUIPMENT 46.800 95.0 94.7 -4.0 0.2 -0.3 -0.4 -0.3 71 Power generating machinery and equipment (9612=100) 2.973 99.0 98.8 n.a. 0.0 0.1 -0.3 -0.2 72 Machinery specialized for particular industries 2.672 98.6 98.5 -2.8 0.4 0.0 -0.7 -0.1 73 Metalworking machinery 0.821 97.9 97.4 -4.1 0.3 -0.3 -0.1 -0.5 74 General industrial machinery and equip- ment, n.e.s. and machine parts, n.e.s 3.414 97.6 97.3 -4.0 0.4 -0.1 -0.6 -0.3 75 Computer equipment and office machines 7.106 78.9 78.1 -13.1 -0.9 -1.2 -1.6 -1.0 76 Telecommunications & sound recording & reproducing apparatus & equipment 4.560 92.9 92.7 -3.9 0.3 -0.1 -0.4 -0.2 77 Electrical machinery and equipment 9.626 89.6 89.1 -6.1 0.4 -0.6 -0.1 -0.6 78 Road vehicles 14.588 101.1 101.2 0.2 0.4 0.1 0.2 0.1 8 MISCELLANEOUS MANUFACTURED ARTICLES 17.454 100.1 100.0 -0.7 -0.1 0.0 -0.1 -0.1 81 Prefabricated buildings; plumbing, heat & lighting fixtures, n.e.s. 0.381 95.5 95.2 -6.2 0.3 -0.1 -0.6 -0.3 82 Furniture and parts thereof 1.261 102.9 102.5 1.7 -0.4 0.1 -0.1 -0.4 83 Travel goods, handbags and similar containers 0.503 101.2 101.0 -0.2 0.1 0.1 -0.1 -0.2 84 Articles of apparel and clothing accessories 5.824 102.7 102.9 1.7 -0.3 -0.1 0.2 0.2 85 Footwear 1.770 101.1 100.8 -0.2 0.2 0.1 -0.1 -0.3 87 Professional, scientific and controlling instruments and apparatus, n.e.s. 1.593 97.2 96.8 -3.5 0.5 0.2 -0.1 -0.4 88 Photographic apparatus, equipment and supplies and optical goods, n.e.s.; 1.346 94.4 93.7 -4.2 0.1 0.7 -0.7 -0.7 89 Miscellaneous manufactured articles, n.e.s. 4.776 99.2 99.0 -1.9 -0.3 0.0 -0.2 -0.2 1 Relative importance figures are based on n.a. Not available. 1995 trade values. 2 Data for June, July and August 1997 have been revised to reflect the availability of late reports and corrections by respondents. All data are subject to revision in each of the three months after original publication. 3 Product categories included in this group have been modified due to concordance or coverage limitations. NOTE: Published categories may include price data not shown separately Table 4 U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods, September 1996-September 1997 1995=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance Sept. May June July Aug. SITC Description 1996 1997 1997 1997 1997 Rev. 3 August August Septemberto to to to to 1997 1997 1997 Sept. June July Aug. Sept. 1/ 2/ 1997 1997 1997 1997 1997 ALL COMMODITIES 100.000 99.3 98.9 -1.0 -0.1 -0.1 0.1 -0.4 0 FOOD AND LIVE ANIMALS 7.700 99.7 99.5 -7.3 -2.7 -0.8 2.0 -0.2 01 Meat and meat preparations 1.141 96.2 95.2 -3.4 -0.4 0.4 0.5 -1.0 03 Fish, crustaceans, aquatic invertebrates and preparations 0.582 96.3 99.4 6.4 -0.7 1.5 11.2 3.2 04 Cereals and cereal preparations 2.740 93.2 95.0 -13.1 -7.4 -2.6 3.7 1.9 05 Vegetables, fruit and nuts, fresh or dried 1.459 103.4 97.7 -8.5 0.9 2.4 -0.6 -5.5 08 Feeding stuff for animals (not including unmilled cereals) 0.834 119.9 120.8 -4.9 -0.3 -5.4 -0.3 0.8 09 Miscellaneous edible products and preparations 0.382 103.6 105.0 2.1 -0.3 0.1 0.0 1.4 3/ Other food and live animals (9612=100) 0.562 106.6 105.2 n.a. 0.8 2.0 0.9 -1.3 1 BEVERAGES ANB TOBACCO 1.491 100.8 101.0 0.5 0.4 0.4 -0.4 0.2 12 Tobacco and tobacco manufactures 1.230 100.8 101.0 0.5 0.5 0.4 -0.5 0.2 2 CRUDE MATERIALS, INEDIBLE, EXCEPT FUELS 5.969 92.8 91.8 1.1 0.4 0.2 -0.9 -1.1 21 Hides, skins and furskins, raw 0.319 98.3 100.1 -8.5 -8.4 -4.8 2.4 1.8 22 Oil seeds and oleaginous fruits 1.301 120.5 120.1 -8.8 -1.1 -4.5 -6.3 -0.3 24 Cork and wood 0.960 92.9 91.7 -4.8 -1.1 -0.4 0.1 -1.3 25 Pulp and waste paper 0.818 71.4 68.2 17.4 8.9 4.9 3.3 -4.5 26 Textile fibers and their waste 0.832 84.4 83.8 -3.3 0.1 1.0 0.2 -0.7 27 Crude fertilizers and crude minerals 0.332 97.9 97.9 1.3 0.5 0.1 0.0 0.0 28 Metalliferous ores and metal scrap 0.991 96.6 94.9 10.9 2.3 4.7 0.6 -1.8 3/ Other crude materials, inedible, except fuels (9612=100) 0.417 99.6 100.6 n.a. -1.5 2.4 -1.5 1.0 3 MINERAL FUELS, LUBRICANTS AND RELATED MATERIALS 2.131 111.2 111.6 -0.8 0.2 0.0 0.3 0.4 32 Coal, coke and briquettes 0.686 101.7 101.6 0.1 -0.4 -0.3 0.0 -0.1 33 Petroleum, petroleum products and related materials 1.314 121.3 121.7 0.6 -0.5 1.3 0.3 0.3 4 ANIMAL AND VEGETABLE OILS, FATS AND WAXES 0.435 93.3 94.9 -6.7 1.2 -1.5 0.0 1.7 5 CHEMICALS AND RELATED PRODUCTS, N.E.S. 10.729 95.6 95.4 -0.9 -0.2 -0.1 -0.8 -0.2 51 Organic chemicals 2.529 84.3 83.9 -1.3 -0.5 0.1 -0.8 -0.5 52 Inorganic chemicals 0.816 97.9 97.6 -3.9 -0.4 0.8 -2.3 -0.3 53 Dyeing, tanning and coloring materials 0.488 101.8 102.7 1.9 0.4 0.1 -0.3 0.9 54 Medicinal and pharmaceutical products 1.212 101.1 101.2 -0.7 0.0 -0.4 0.0 0.1 55 Essential oils; polishing and cleansing preps 0.747 102.6 103.6 1.9 0.1 0.2 -0.5 1.0 56 Fertilizers (9612=100) 0.551 94.6 95.1 n.a. 1.5 0.7 -2.3 0.5 57 Plastics in primary forms 1.822 94.2 93.4 -2.8 -0.5 -1.2 -1.8 -0.8 58 Plastics in nonprimary forms 0.818 99.0 98.9 0.9 -0.2 -0.1 0.0 -0.1 59 Chemical materials and products, n.e.s. 1.745 104.0 103.6 0.8 -0.3 0.0 0.1 -0.4 6 MANUFACTURED GOODS CLASSIFIED CHIEFLY BY MATERIAL 9.639 98.5 98.6 1.5 0.5 0.0 0.3 0.1 62 Rubber manufactures, n.e.s. 0.654 101.3 101.1 -1.6 0.1 -0.1 -1.7 -0.2 63 Cork and wood manufactures other than furniture 0.286 90.8 91.3 1.3 0.9 0.8 -0.8 0.6 64 Paper, paperboard, and articles of paper pulp, paper or paperboard 1.523 85.3 84.9 -3.0 0.7 1.1 1.1 -0.5 65 Textile yarn, fabrics, made-up articles, n.e.s., and related product 1.396 103.2 103.3 0.2 0.2 -0.7 0.6 0.1 66 Nonmetallic mineral manufactures, n.e.s. 1.286 104.6 106.3 4.0 0.2 0.2 0.1 1.6 67 Iron and steel 1.094 103.0 102.8 1.3 -0.2 0.1 0.1 -0.2 68 Nonferrous metals 1.290 93.7 93.7 5.6 1.9 -0.9 1.2 0.0 69 Manufactures of metals, n.e.s. 1.953 104.4 104.2 2.7 0.7 -0.2 0.2 -0.2 7 MACHINERY AND TRANSPORT EQUIPMENT 50.038 100.6 100.1 -0.4 0.2 -0.1 0.1 -0.5 71 Power generating machinery and equipment 4.208 106.2 106.2 1.8 0.0 -0.1 0.3 0.0 72 Machinery specialized for particular industries 4.609 104.4 104.4 1.3 -0.1 -0.1 0.3 0.0 73 Metalworking machinery 0.942 104.3 104.3 1.8 0.4 0.1 -0.1 0.0 74 General industrial machinery and equip- ment, n.e.s. and machine parts, n.e.s 4.946 105.3 105.2 2.4 0.5 -0.2 0.3 -0.1 75 Computer equipment and office machines 6.539 84.0 83.7 -7.4 -0.5 -0.8 0.0 -0.4 76 Telecommunications & sound recording & reproducing apparatus & equipment 3.754 99.6 99.2 -1.0 0.0 0.0 0.0 -0.4 77 Electrical machinery and equipment 11.748 96.5 94.9 -3.1 -0.3 0.0 0.0 -1.7 78 Road vehicles 8.961 101.9 101.8 0.8 0.1 0.2 -0.1 -0.1 8 MISCELLANEOUS MANUFACTURED ARTICLES 11.083 101.7 101.6 0.7 0.1 0.1 -0.1 -0.1 82 Furniture and parts thereof 0.625 103.6 103.6 1.7 -0.3 -0.1 0.1 0.0 84 Articles of apparel and clothing accessories 1.238 101.6 101.4 0.7 -0.1 0.5 -0.2 -0.2 87 Professional, scientific and controlling instruments and apparatus, n.e.s. 3.655 103.5 103.3 1.4 0.1 0.1 0.0 -0.2 88 Photographic apparatus, equipment and supplies and optical goods, n.e.s. 0.937 99.0 98.6 -0.1 0.8 0.7 -0.7 -0.4 89 Miscellaneous manufactured articles, n.e.s. 4.178 100.3 100.3 -0.1 0.0 -0.1 -0.2 0.0 3/ Other miscellaneous manufactured articles (9612=100) 0.450 101.0 101.1 n.a. 0.0 0.0 0.1 0.1 1 Relative importance figures are based on n.a. Not available. 1995 trade values. 2 Data for June, July and August 1997 have been revised to reflect the availability of late reports and corrections by respondents. All data are subject to revision in each of the three months after original publication. 3 Product categories included in this group have been modified due to concordance or coverage limitations. NOTE: Published categories may include price data not shown separately Table 5 U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods, September 1996-September 1997 1995=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly Harmo- ance Sept. May June July Aug. nized Description 1996 1997 1997 1997 1997 System August August Septemberto to to to to 1997 1997 1997 Sept. June July Aug. Sept. 1/ 2/ 1997 1997 1997 1997 1997 I LIVE ANIMALS; ANIMAL PRODUCTS 1.573 102.9 102.9 7.6 -1.4 1.0 0.7 0.0 02 Meat and edible meat offal 0.278 100.0 101.4 8.4 -2.2 1.6 2.5 1.4 03 Fish and crustaceans, molluscs and other aquatic invertebrates 0.901 105.0 104.6 8.8 0.7 0.6 0.6 -0.4 3/ Other live animals and animal products (9612=100) 0.395 102.7 102.5 n.a. -5.1 1.6 -0.4 -0.2 II VEGETABLE PRODUCTS 1.622 94.9 97.6 11.2 0.5 -3.8 2.6 2.8 07 Edible vegetables and certain roots and tubers 0.322 n.a. n.a. n.a. n.a. n.a. n.a. n.a. 08 Edible fruit and nuts; peel of citrus fruit or melons 0.437 97.9 96.9 0.4 -2.0 -1.1 -2.8 -1.0 09 Coffee, tea, mate and spices 0.447 92.7 94.5 29.1 7.5 -12.1 0.9 1.9 3/ Other vegetable products 0.416 96.6 92.7 0.7 -8.0 -0.2 3.1 -4.0 IV PREPARED FOODSTUFFS, BEVERAGES, AND TOBACCO 2.065 102.0 101.7 -2.2 0.3 0.5 -0.2 -0.3 20 Preparations of vegetables, fruit, nuts, or other parts of plants 0.271 91.1 90.7 -17.8 -1.0 -0.3 -1.0 -0.4 22 Beverages, spirits, and vinegar 0.738 103.6 103.2 0.4 0.1 0.1 0.4 -0.4 3/ Other prepared foodstuffs (9612=100) 1.055 101.5 101.3 n.a. 0.9 0.9 -0.4 -0.2 V MINERAL PRODUCTS 9.831 106.1 106.3 -13.3 -1.8 -0.1 1.8 0.2 26 Ores, slag and ash 0.295 103.1 103.2 3.9 -0.2 -0.2 -0.2 0.1 27 Mineral fuels, oils and residuals, bituminous substances and mineral wax 9.307 106.1 106.4 -14.1 -1.8 -0.1 1.8 0.3 VI PRODUCTS OF THE CHEMICAL OR ALLIED INDUSTRIES 5.223 99.4 99.0 -2.6 -0.5 -0.4 0.3 -0.4 28 Inorganic chemicals 0.851 103.4 104.6 2.2 -1.0 -1.3 0.7 1.2 29 Organic chemicals 2.011 96.8 96.4 -3.5 -0.3 -0.2 0.7 -0.4 30 Pharmaceutical products 0.556 103.0 102.3 -2.6 0.8 0.6 -0.2 -0.7 32 Tanning & dyeing extracts; dye & pigments; varnish & paints; putty 0.286 95.5 95.0 -7.1 1.5 -0.3 -1.6 -0.5 37 Photographic or cinematographic goods 0.353 98.5 98.5 -1.1 -1.1 0.2 -1.0 0.0 38 Miscellaneaous chemical products (9612=100) 0.414 98.4 97.5 n.a. -0.1 -0.1 0.0 -0.9 3/ Other products of the chemical or allied industries (9612=100) 0.753 96.9 95.7 n.a. -2.0 -1.0 0.2 -1.2 VII PLASTICS AND ARTICLES THEREOF; RUBBER AND ARTICLES THEREOF 2.786 92.2 91.5 -3.3 0.9 -0.9 -0.8 -0.8 39 Plastics and articles thereof 1.735 95.1 95.0 0.1 1.0 0.2 -0.5 -0.1 40 Rubber and articles thereof 1.051 87.9 86.4 -8.4 0.4 -2.4 -1.0 -1.7 VIII RAW HIDES, SKINS, LEATHER, FURSKINS, TRAVEL GOODS, ETC 1.005 103.8 103.2 1.0 -0.5 0.2 0.1 -0.6 42 Articles of leather; travel goods, bags, etc. of various materials 0.808 101.8 101.5 0.4 0.3 -0.1 -0.1 -0.3 IX WOOD, WOOD CHARCOAL, CORK, STRAW, BASKET AND WICKER 1.702 111.1 111.4 -3.5 -2.7 0.4 -1.1 0.3 X WOOD PULP, WASTE AND SCRAP PAPER, PAPER AND ARTICLES THEREOF 2.337 84.8 85.2 -3.1 -0.2 0.4 0.4 0.5 47 Pulp wood or other fibrous cellulosic material; waste paper/paperboard 0.377 68.8 68.9 2.1 2.0 1.1 2.2 0.1 48 Paper and paperboard; articles of paper pulp, paper or paperboard 1.608 88.9 89.4 -4.6 -0.4 0.0 0.5 0.6 49 Printed matter 0.352 100.2 99.5 -2.1 -0.7 0.7 -1.6 -0.7 XI TEXTILE AND TEXTILE ARTICLES 6.866 101.6 101.7 1.1 -0.4 -0.1 0.2 0.1 61 Articles of apparel and clothing accessories, knitted or crocheted 2.016 100.9 101.0 -0.5 0.0 -0.6 0.2 0.1 62 Articles of apparel and clothing accessories, not knitted or crocheted 3.318 104.0 104.2 2.9 -0.6 0.2 0.3 0.2 63 Made-up or worn textile articles and clothing; needlecraft sets; rags 0.339 97.1 98.6 -1.2 0.5 0.1 -0.4 1.5 3/ Other textile & textile articles (9612=100) 1.193 100.0 99.6 n.a. -0.4 -0.2 -0.3 -0.4 XII FOOTWEAR, HEADGEAR, UMBRELLAS, WHIPS, ARTIFICIAL FLOWERS, ETC. 2.066 101.4 101.0 0.0 0.2 0.1 0.0 -0.4 64 Footwear, gaiters and the like; parts of such articles 1.777 100.9 100.5 -0.5 0.2 0.2 -0.2 -0.4 3/ Other footwear, headgear, umbrellas, whips, art. flowers, etc. (9612=100) 0.289 102.3 101.9 n.a. 0.1 -0.1 0.8 -0.4 XIII STONE, PLASTER, CEMENT, ASBESTOS,CERAMIC GLASS ETC. 1.139 102.4 101.8 -1.0 -1.0 0.4 -0.5 -0.6 69 Ceramic products 0.428 98.8 99.2 -1.9 -1.3 0.3 -0.8 0.4 70 Glass and glassware 0.445 103.2 101.5 -1.7 -1.1 0.0 -0.2 -1.6 XIV PEARLS, STONES, PRECIOUS METALS, IMITATION JEWELRY, AND COINS 2.173 98.0 98.1 -1.1 0.6 0.3 -0.6 0.1 XV BASE METALS AND ARTICLES OF BASE METAL 5.861 95.3 95.7 1.2 0.6 -0.8 0.0 0.4 72 Iron and steel 1.748 95.4 95.4 -0.9 0.0 0.0 -0.1 0.0 73 Articles of iron or steel 1.279 97.0 96.9 -4.0 -0.8 -0.2 -0.2 -0.1 74 Copper and articles thereof 0.455 84.6 83.4 7.1 2.5 1.2 -3.4 -1.4 76 Aluminum and articles thereof 0.960 92.2 94.7 5.1 1.2 -2.3 0.4 2.7 83 Miscellaneous articles of base metal 0.412 102.1 101.8 -0.6 -0.8 0.0 -0.2 -0.3 3/ Miscellaneous nonferrous metals and articles, including scrap (9612=100) 0.568 113.9 116.4 n.a. 3.5 -4.5 3.4 2.2 XVI MACHINERY, ELECTRICAL EQUIPMENT, TV IMAGE & SOUND RECORDERS, PARTS, ETC. 30.521 90.9 90.3 -6.5 0.1 -0.4 -0.7 -0.7 84 Specialized machinery & computer equipment 15.982 91.8 91.0 -6.8 -0.1 -0.4 -1.0 -0.9 85 Electrical machinery and equip, sound and TV recorders & reproducers, parts 14.539 89.9 89.5 -6.4 0.3 -0.6 -0.2 -0.4 XVII VEHICLES, AIRCRAFT, VESSELS AND ASSOCIATED TRANSPORT EQUIPMENT 15.765 101.2 101.3 0.2 0.4 0.1 0.1 0.1 87 Motor vehicles and their parts 14.896 101.0 101.1 0.1 0.4 0.1 0.2 0.1 XVIII OPTICAL, PHOTO, MEASURING, MEDICAL & MUSICAL INSTRUMENTS; CLOCKS & WATCHES 3.531 94.1 93.6 -4.9 0.2 0.1 -0.2 -0.5 90 Optical, photographic, measuring and medical instruments 3.014 93.9 93.4 -4.8 0.3 0.0 -0.3 -0.5 91 Clocks and watches and parts thereof 0.375 94.7 94.3 -5.5 0.3 1.0 -0.6 -0.4 XX MISCELLANEOUS MANUFACTURED ARTICLES 3.697 99.9 99.7 -0.9 0.0 0.2 -0.2 -0.2 94 Furniture; stuffed furnishings; lamps and lighting fittings nes; 1.589 100.2 99.7 0.0 -0.1 0.1 -0.2 -0.5 95 Toys, games and sports equipment; parts and accessories thereof 1.825 100.7 100.8 -1.1 -0.2 0.3 -0.1 0.1 96 Miscellaneous manufactured articles 0.283 93.5 92.8 -4.1 1.4 0.0 -1.2 -0.7 1 Relative importance figures are based on n.a. Not available 1995 trade values. 2 Data for June, July and August 1997 have been revised to reflect the availability of late reports and corrections by respondents. All data are subject to revision in each of the three months after original publication. 3 Product categories included in this group have been modified due to concordance or coverage limitations. NOTE: Published categories may include price data not shown separately Table 6 U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods, September 1996-September 1997 1995=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly Harmo- ance Sept. May June July Aug. nized Description 1996 1997 1997 1997 1997 System August August Septemberto to to to to 1997 1997 1997 Sept. June July Aug. Sept. 1/ 2/ 1997 1997 1997 1997 1997 I LIVE ANIMALS; ANIMAL PRODUCTS 1.930 97.4 97.5 -0.8 -0.6 1.0 2.7 0.1 02 Meat & edible meat offal 1.059 94.0 93.2 -3.5 -0.4 0.3 0.5 -0.9 03 Fish and crustaceans, molluscs and other aquatic invertebrates 0.512 93.3 96.1 3.2 -0.9 2.0 9.4 3.0 3/ Other live animals and animal products (9612=100) 0.359 99.3 98.2 n.a. -1.3 1.7 0.4 -1.1 II VEGETABLE PRODUCTS 5.348 100.8 100.7 -10.2 -3.9 -1.4 -0.1 -0.1 07 Edible vegetables and certain roots and tubers 0.312 99.6 97.6 1.9 -3.5 5.7 2.0 -2.0 08 Edible fruit and nuts; peel of citrus fruit or melons 0.759 104.4 97.3 -12.1 3.1 5.1 -2.2 -6.8 10 Cereals 2.512 92.1 94.1 -14.3 -8.0 -2.6 4.0 2.2 12 Oilseeds and misc. grains, seeds, fruits, plants, straw and fodder 1.477 119.1 119.9 -7.2 -1.2 -3.5 -6.1 0.7 III ANIMAL OR VEGETABLE FATS AND OILS 0.468 93.4 95.6 -5.1 1.0 -1.2 -0.2 2.4 IV PREPARED FOODSTUFFS, BEVERAGES, AND TOBACCO 3.518 103.6 103.1 -3.0 -0.1 -1.2 -0.7 -0.5 20 Preparations of vegetables, fruit, nuts, or other parts of plants 0.348 98.2 89.4 -14.0 -0.1 -3.1 -5.4 -9.0 21 Miscellaneous edible preparations 0.360 105.9 107.2 3.7 -0.3 0.2 1.0 1.2 22 Beverages, spirits, and vinegar 0.327 99.4 99.8 -2.2 -0.1 -0.2 0.2 0.4 23 Residues and waste from the food industries; prepared animal feed 0.748 116.3 116.3 -8.6 -0.9 -4.8 -0.7 0.0 24 Tobacco and manufactured tobacco substitutes 1.237 100.8 101.0 0.5 0.5 0.4 -0.5 0.2 3/ Other prepared foods 0.500 101.4 102.3 0.7 0.3 0.3 0.6 0.9 V MINERAL PRODUCTS 2.823 112.0 112.0 3.6 0.4 2.1 0.6 0.0 27 Mineral fuels, oils and residuals, bituminous substances and mineral wax 2.203 113.2 113.4 -0.2 -0.1 0.2 0.3 0.2 VI PRODUCTS OF THE CHEMICAL OR ALLIED INDUSTRIES 8.744 96.8 96.6 -0.4 -0.1 0.3 -0.6 -0.2 28 Inorganic chemicals 0.909 100.6 100.1 -2.2 -0.5 1.1 -1.9 -0.5 29 Organic chemicals 2.849 88.1 87.7 -0.7 -0.4 0.1 -0.7 -0.5 30 Pharmaceutical products 0.871 100.4 100.6 -0.4 0.0 -0.3 0.0 0.2 31 Fertilizers (9612=100) 0.612 94.6 95.1 n.a. 1.5 0.7 -2.3 0.5 32 Tanning or dyeing extracts; dyes and pigments; paints & varnish; putty;ink 0.496 101.4 102.3 1.4 0.4 0.2 -0.4 0.9 33 Essential oils and resinoids; perfumery, cosmetic or toilet 0.526 103.4 104.2 2.8 0.1 0.2 -0.5 0.8 34 Soap; lubricants; waxes, polishing or scouring products; candles, pastes 0.306 101.5 103.0 1.9 0.0 0.2 0.0 1.5 37 Photographic or cinematographic goods 0.432 97.0 96.1 -0.9 1.4 1.5 -0.2 -0.9 38 Miscellaneous chemical products 1.522 103.6 103.1 -0.1 -0.4 0.1 0.0 -0.5 VII PLASTICS AND ARTICLES THEREOF; RUBBER AND ARTICLES THEREOF 4.279 96.6 96.4 -1.5 -0.2 -0.4 -1.3 -0.2 39 Plastics and articles thereof 3.398 96.2 96.0 -1.3 -0.1 -0.6 -1.2 -0.2 40 Rubber and articles thereof 0.881 98.2 98.0 -2.0 -0.5 0.0 -1.5 -0.2 VIII RAW HIDES, SKINS, LEATHER, FURSKINS, TRAVEL GOODS, ETC. 0.546 94.6 95.9 -6.5 -6.8 -2.0 1.0 1.4 41 Raw hides and skins (other than furskins) and leather 0.397 92.4 94.2 -3.6 -5.5 -2.8 0.9 1.9 IX WOOD, WOOD CHARCOAL, CORK, STRAW, BASKET AND WICKER 1.269 93.0 92.1 -3.5 -0.7 -0.1 -0.1 -1.0 X WOOD PULP, WASTE AND SCRAP PAPER, PAPER AND ARTICLES THEREOF 2.998 79.8 79.2 0.8 2.5 1.8 0.9 -0.8 47 Pulp wood or other fibrous cellulosic material; waste paper/paperboard 0.734 66.7 65.0 9.6 8.7 4.6 1.8 -2.5 48 Paper and paperboard; articles of paper pulp, paper or paperboard 1.481 85.4 85.0 -3.3 0.8 1.4 0.9 -0.5 49 Printed material 0.783 106.5 106.7 1.2 0.9 -0.1 0.0 0.2 XI TEXTILE AND TEXTILE ARTICLES 3.222 93.9 93.8 -1.0 0.1 0.1 0.3 -0.1 52 Cotton, including yarns and woven fabrics thereof 0.717 84.3 83.6 -3.6 0.0 1.2 0.4 -0.8 XIII STONE, PLASTER, CEMENT, ASBESTOS, CERAMIC, GLASS ETC. 0.836 102.8 102.8 1.1 0.1 0.3 -0.8 0.0 70 Glass and glassware 0.482 101.3 101.4 0.6 0.2 0.0 0.1 0.1 XIV PEARLS, STONES, PRECIOUS METALS, IMITATION JEWELRY, AND COINS 1.865 97.3 96.9 -4.5 1.6 0.4 -1.2 -0.4 XV BASE METALS AND ARTICLES OF BASE METALS 4.606 96.9 96.7 2.5 0.7 -0.3 0.1 -0.2 72 Iron and steel 0.976 95.0 93.9 -1.3 1.1 0.4 0.1 -1.2 73 Articles of iron or steel 1.227 106.6 106.7 5.1 0.2 0.0 0.2 0.1 74 Copper and articles thereof 0.439 85.0 82.6 4.8 0.5 -1.4 -2.0 -2.8 76 Aluminum and articles thereof 0.877 89.4 90.1 4.4 0.6 -0.7 0.7 0.8 82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof 0.407 103.3 103.3 0.7 0.4 -0.1 0.0 0.0 83 Miscellaneous articles of base metal 0.372 101.3 101.3 1.6 1.6 -0.1 0.0 0.0 XVI MACHINERY, ELECTRICAL EQUIPMENT, TV IMAGE AND SOUND RECORDERS, PARTS, ETC 36.755 97.4 96.7 -2.1 -0.1 -0.3 0.1 -0.7 84 Specialized machinery & computer equipment 20.303 97.7 97.5 -1.5 -0.2 -0.3 0.2 -0.2 85 Electrical machinery and equip, sound & tv recorders & reproducers, parts 16.452 97.1 95.9 -2.6 -0.2 -0.2 0.0 -1.2 XVII VEHICLES, AIRCRAFT, VESSELS AND ASSOCIATED TRANSPORT EQUIPMENT 13.513 104.7 104.7 1.9 0.8 0.2 -0.1 0.0 87 Motor vehicles and their parts 9.374 102.0 101.9 0.8 0.2 0.1 -0.1 -0.1 XVIII OPTICAL, PHOTO, MEASURING, MEDICAL & MUSICAL INSTRUMENTS; CLOCKS & WATCHES 5.310 102.1 102.0 0.6 0.4 -0.3 -0.1 -0.1 XX MISCELLANEOUS MANUFACTURED ARTICLES 1.755 102.4 102.4 1.2 -0.1 0.2 0.1 0.0 94 Furniture; stuffed furnishings; lamps and lighting fittings nesoi; 0.861 103.9 103.9 1.7 -0.2 -0.1 0.2 0.0 95 Toys, games and sports equipment; parts and accessories thereof 0.723 100.9 101.0 0.8 -0.2 0.7 -0.1 0.1 1 Relative importance figures are based on n.a. Not available 1995 trade values. 2 Data for June, July and August 1997 have been revised to reflect the availability of late reports and corrections by respondents. All data are subject to revision in each of the three months after original publication. 3 Product categories included in this group have been modified due to concordance or coverage limitations. NOTE: Published categories may include price data not shown separately  Table 7 U.S. Import Price Indexes and Percent Changes by Locality of Origin, September 1996-September 1997 1995=100, unless otherwise noted Index Percent Change Percentage of Annual Monthly US Imports Sept. May June July Aug. Description 1/ 1996 1997 1997 1997 1997 1995 Aug. Sept. to to to to to 1997 1997 Sept. June July Aug. Sept. 2/ 1997 1997 1997 1997 1997 3/ Developed Countries 55.6 97.6 97.3 -3.0 0.1 -0.1 0.3 -0.3 Manufactured Goods 52.2 97.4 97.1 -2.4 0.1 0.0 0.3 -0.3 Nonmanufactured Goods 3.1 104.5 103.9 -10.1 -1.1 -1.4 1.2 -0.6 3/ Developing Countries 42.7 101.6 100.9 -2.8 -0.2 -0.6 0.3 -0.7 Manufactured Goods 35.4 99.2 98.9 -0.9 -0.1 -0.3 -0.2 -0.3 Nonmanufactured Goods 7.1 108.0 105.5 -11.6 -0.6 -2.1 3.1 -2.3 Canada 18.9 99.2 99.5 -0.8 -0.1 -0.1 0.2 0.3 Manufactured Goods 16.5 98.8 99.1 0.7 0.1 0.0 0.1 0.3 Nonmanufactured Goods 2.2 106.1 105.9 -10.3 -1.8 -0.6 1.0 -0.2 4/ European Union 17.0 100.7 100.3 -2.4 0.2 -0.5 0.1 -0.4 Manufactured Goods 16.4 100.5 100.1 -2.2 0.1 -0.3 0.0 -0.4 Nonmanufactured Goods 0.5 109.8 107.4 -9.5 2.4 -6.8 3.5 -2.2 Japan 16.6 92.7 92.5 -4.7 0.2 0.0 -0.3 -0.2 5/ Asian Newly Industrialized Countries 10.9 94.7 93.9 -3.8 -0.6 -0.6 0.0 -0.8 1 Regions are not mutually exclusive. 2 Data for June, July and August 1997 have been revised to reflect the availability of late reports and corrections by respondents. 3 Defined according to the Standard Census Definition. 4 Includes EU 15 countries 5 Includes Hong Kong, Singapore, South Korea, and Taiwan.  Table 9 U.S. International Price Indexes and Percent Changes for Selected Categories of Services. September 1996-September 1997 1995 = 100 Index Percent Change Annual Quarterly Trade Sept. Sept. Dec. March June Description (Mil. 1996 1996 1996 1997 1997 of June Sept. to to to to to Dollars) 1997 1997 Sept. Dec. March June Sept. 1997 1996 1997 1997 1997 Air Freight (Inbound) 5495 89.9 88.5 -7.4 -0.6 -5.8 0.4 -1.6 Atlantic 1880 88.9 85.6 -9.8 1.8 -7.1 -0.9 -3.7 Pacific 3151 91.1 91.0 -4.8 -1.7 -4.5 1.4 -0.1 Air Freight (Outbound) 5835 99.2 98.8 -0.1 0.3 0.6 -0.6 -0.4 Atlantic 2080 99.4 99.0 0.3 0.3 0.9 -0.5 -0.4 Pacific 3222 100.0 99.7 -0.1 0.4 0.1 -0.3 -0.3 Air Passenger Fares (U.S. Carrier) 30673 112.1 109.2 1.8 -5.3 -4.4 15.4 -2.6 1/ Atlantic 8811 118.3 119.0 3.4 -13.5 -2.1 21.3 0.6 1/ Pacific 15900 102.1 95.9 -2.7 -3.7 -9.1 18.2 -6.1 1/ Latin American / Caribbean 4542 109.6 110.5 7.4 0.0 3.8 2.6 0.8 Canadian 1367 161.2 162.2 31.2 24.3 1.4 3.5 0.6 Air Passenger Fares (Foreign Carrier) 31694 106.1 104.2 -1.2 -4.5 -2.2 7.7 -1.8 1/ Atlantic 13572 110.2 110.8 0.6 -8.9 -3.2 13.5 0.5 1/ Pacific 12570 96.4 91.0 -3.6 -0.2 -2.0 4.4 -5.6 1/ Latin American / Caribbean 4224 104.8 104.4 1.0 0.2 0.9 0.3 -0.4 1/ Crude Oil Tanker Freight (Inbound) 1949 108.2 n.a. n.a. 8.1 7.2 0.8 n.a. Ocean Liner Freight (Inbound) 12253 96.8 94.9 -3.2 0.4 -0.8 -0.8 -2.0 U.S. East Coast 5410 99.6 97.0 -3.7 1.0 -1.9 -0.2 -2.6 from Atlantic 2647 98.7 96.0 -5.0 0.3 -2.0 -0.7 -2.7 from Pacific 1874 98.9 95.2 -3.3 0.1 -0.1 0.5 -3.7 U.S. West Coast 6844 94.1 92.8 -2.7 0.0 0.0 -1.4 -1.4 from Pacific 6347 93.9 92.7 -2.4 -0.2 0.3 -1.3 -1.3 1 Detailed data available upon request. n.a. N  Table 8 U.S. Import and Export Price Indexes and Percent Changes for Selected Categories of Services. September 1996-September 1997 1995 = 100, unless otherwise noted Index Percent Change Annual Quarterly Trade Sept. Sept. Dec. March June Description (Mil. 1996 1996 1996 1997 1997 of June Sept. to to to to to Dollars) 1997 1997 Sept. Dec. March June Sept. 1997 1996 1997 1997 1997 IMPORT Air Freight 3188 90.4 88.6 -8.5 -1.2 -5.8 0.3 -2.0 Atlantic 1278 90.3 86.4 -12.2 -0.2 -7.1 -1.0 -4.3 Pacific 1674 91.8 91.5 -5.4 -2.0 -4.5 1.4 -0.3 Air Passenger Fares 11127 113.2 111.1 7.9 -2.9 0.5 12.6 -1.9 1/ Atlantic 4922 121.2 121.2 14.6 -7.0 1.9 20.8 0.0 1/ Pacific 2340 111.4 100.5 9.1 7.5 -0.9 13.6 -9.8 1/ Latin American / Caribbean 3021 106.1 105.9 1.8 0.1 1.0 1.0 -0.2 1/ Crude Oil Tanker Freight 1346 101.9 n.a. n.a. 6.3 5.8 2.2 n.a. Ocean Liner Freight 9868 97.1 95.3 -3.6 -0.3 -0.6 -0.9 -1.9 U.S. East Coast 4271 100.6 98.3 -3.2 0.1 -1.2 0.1 -2.3 from Atlantic 1952 99.9 98.3 -4.6 -0.1 -2.4 -0.5 -1.6 from Pacific 1774 100.8 97.0 -3.2 0.2 -0.2 0.6 -3.8 U.S. West Coast 5596 93.9 92.4 -4.0 -0.6 -0.3 -1.6 -1.6 from Pacific 5126 93.5 92.2 -3.7 -0.8 0.1 -1.6 -1.4 EXPORT Air Freight (9612 = 100) 2562 97.8 96.6 n.a. n.a. -1.5 -0.7 -1.2 Air Passenger Fares 17272 103.0 100.0 -2.8 -3.1 -9.9 14.7 -2.9 1/ Atlantic 4120 109.7 109.5 -3.6 -7.8 -5.8 11.3 -0.2 1/ Pacific 10700 91.1 86.4 -8.0 -4.6 -15.7 20.7 -5.2 Latin American / Caribbean 1392 106.9 107.5 6.6 0.8 0.2 5.0 0.6 Canadian 1006 157.0 157.5 36.5 26.3 6.3 1.3 0.3 1 Detailed data available upon request. n.a. N  TECHNICAL NOTE Import and Export Merchandise and Services Price Indexes -- All indexes use a modified Laspeyres formula and are weighted with 1995 trade weights. The merchandise price indexes are published using three classifications: the Harmonized System (HS), the Bureau of Economic Analysis End Use System, and the Standard International Trade Classification (SITC) system, Rev. 3. Price indexes for internationally traded services are presented using two definitions: Balance of Payments (which represents transactions between U.S. and foreign residents) and International (which represents all transactions with U.S. importers or exporters, regardless of nationality). Published series use a base year of 1995=100 where possible. Net transaction price data are collected every month for over 20,000 products from over 6,000 companies and secondary sources. Indexes are not seasonally adjusted. More detailed index series and additional information may be obtained from the Division of International Prices, Bureau of Labor Statistics, 2 Massachusetts Avenue N.E., PSB 3955, Washington, DC 20212 or (202) 606-7155. Import Price Indexes -- Products have been classified by the 1995 Harmonized Tariff Schedule of the United States Annotated (TSUSA). Import prices are based on U.S. dollar prices paid by the U.S. importer. The prices are generally either "free on board" (f.o.b.) foreign port or "cost, insurance, and freight" (c.i.f.) U.S. port transaction prices, depending on the practices of the individual industry. The index for crude petroleum is calculated from data collected by the U.S. Department of Energy. Export Price Indexes -- Products have been classified by the 1995 Harmonized Schedule B classification system of the U.S. Bureau of the Census. The prices used are generally either "free alongside ship" (f.a.s.) factory or "free on board" (f.o.b.) transaction prices, depending on the practices of the individual industry. Prices used in the grain index, excluding rice, are obtained from the U.S. Department of Agriculture. Import Indexes by Locality of Origin -- Prices used in these indexes are a subset of the data collected for the Import Price Indexes. Prior to January 1993, nonmanufactured goods were defined as SITC 0-4 and manufactured goods were defined as SITC 5-8. Beginning with January 1993, the indexes are defined by locality of origin using a nomenclature based upon the Standard Industrial Classification (SIC-based). Nonmanufactured goods are defined as SIC 0-1, and manufactured goods are defined as SIC 2-3. The indexes use 1995 weights and a base of 1995=100. Import, Export, and International Services Indexes -- Indexes are calculated on a quarterly basis. The figures for services indexes will not sum up to the aggregate dollar value because not all categories are shown in the tables. Revenue figures for air passenger indexes exclude frequent flyer tickets and those sold by consolidators. Indexes for crude oil tanker freight are calculated from data collected by the U. S. Department of Energy and the publication of these indexes is lagged one quarter. Revision policy -- Data are revised for the previous three months to reflect the availability of late reports and corrections by respondents. Uses of the Data -- The primary use of the indexes is to deflate trade statistics. For merchandise trade, the End Use classification system is the structure used by the U.S. Department of Commerce in the construction of the foreign trade sector of the National Income and Product Accounts. Indexes published using the Harmonized System and the Standard International Trade Classification, Rev. 3, both international structures, are useful for general market analysis. For trade in international services, Balance of Payments indexes are used for deflating National Accounts data, while International indexes are more appropriate for market analysis. Merchandise and services indexes also can be used to study U.S. competitiveness and price elasticities, and the merchandise import indexes by country or region of origin are useful for terms of trade analysis. The import and export news release contains monthly price indexes at the two-digit level of detail. If you would like to be added to the mailing list for more detailed index and percent change tables, please fill out the form below and mail or fax it to the following address: Division of International Prices Bureau of Labor Statistics PSB Building, Rm. 3955 2 Massachusetts Avenue, N.E. Washington, DC 20212 Phone Number: (202) 606-7155 Fax Number: (202) 606-7179 IPP Order Form Please add my name to the mailing list for the following publications. 1. Monthly News Release ______ 2. Harmonized System Indexes ______ 3. SITC Indexes ______ 4. BEA End-Use Indexes ______ 5. Locality of Origin Indexes ------ 6. 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