Rises in import prices by locality of origin in January
February 17, 2000
The price index for imports from Japan rose for the sixth consecutive month, up 0.4 percent in January after gaining the same amount in December. Over the past 12 months, the index increased 1.8 percent.
Prices of imports from Canada continued to increase, up 0.2 percent in January and 7.1 percent over the January 1999-2000 period. Led primarily by ongoing price increases for petroleum products, the import price index for Latin America also rose in January, up 0.8 percent. Over the past 12 months, the index gained 17.8 percent.
In addition, prices of imports from the European Union edged up 0.1 percent in January, after recording no change, on average, in December. Prices of manufactured goods have declined 0.5 percent over the past two months due to the rising value of the U.S. dollar against the European currencies; however, overall prices of European imports have remained largely unchanged because of a 12.9 percent increase for the price index of nonmanufactured goods over the same time period.
The index for imports from the Asian Newly Industrialized Countries dipped 0.1 percent last month, after posting no change in December and a 0.4 percent decline in November. For the year ended in January, the index fell 0.8 percent.
These data are a product of the BLS International Price program. Find out more in "U.S. Import and Export Price Indexes - January 2000," news release USDL 00-45. The Asian Newly Industrialized Countries include Hong Kong, Singapore, South Korea, and Taiwan. Latin America includes Mexico, Central America, South America, and the Caribbean. Note: import price data are subject to revision in each of the three months after original publication.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Rises in import prices by locality of origin in January on the Internet at http://www.bls.gov/opub/ted/2000/feb/wk3/art04.htm (visited December 20, 2014).
Three recent editions of Spotlight on Statistics
Housing: before, during, and after the Great Recession
looks at consumer expenditures on household items, employment in residential construction, prices for household items, and injuries in occupations involved in building and maintaining our homes.
Women veterans in the labor force examines the demographic, employment, and unemployment characteristics of women veterans.
BLS Statistics by Occupation provides an overview of occupational employment and wages with an emphasis on STEM jobs and occupational data by typical entry-level education required.