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The Economics Daily

Coffee prices down 3.8 percent from August 2015 to August 2016 


September 29, 2016
Today is National Coffee Day, a day that always perks us up. To mark the occasion, we look at trends in coffee prices over the past decade. Coffee prices were 22 percent higher in August 2016 than they were in January 2006. That’s about the same increase as the Consumer Price Index for all items. Coffee prices have moved up and down much more sharply than overall consumer prices, however. Coffee prices were 3.8 percent lower in August 2016 than a year earlier. Full Text »
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Monthly Labor Review

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Beyond the Numbers

Impact of the strengthening dollar on U.S. import prices in 2015

The Bureau of Labor Statistics (BLS) import price index measures changes in prices of goods purchased from abroad by residents of the United States. The index declined throughout most of 2015 and ended the year with an 8.3-percent decrease from the December 2014 figure. Declines in prices of commodities such as oil, gold, other precious metals, and copper were an important factor behind the fall in the import price index.
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