Import prices in February 2005
March 21, 2005
Import prices jumped for the second consecutive month in February, led again by rising petroleum prices.
After declining 16.8 percent over the final two months of 2004, petroleum prices have resumed a nearly two-year upward trend, rising 3.9 percent in February and 3.4 percent in January. Import petroleum prices were up 29.6 percent for the year ended in February.
In addition, nonpetroleum import prices increased for the fourth consecutive month, rising 0.2 percent in February after increasing 1.6 percent over the three previous months. Over the past year, prices of nonpetroleum imports rose 2.9 percent, while overall import prices advanced 6.1 percent.
Export prices were unchanged in February as decreasing agricultural prices were offset by a modest increase in nonagricultural prices.
These data are from the BLS International Price program. Import and export price data are subject to revision. Learn more in "U.S. Import and Export Price Indexes - February 2005" (PDF) (TXT), news release USDL 05-434.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Import prices in February 2005 on the Internet at http://www.bls.gov/opub/ted/2005/mar/wk3/art01.htm (visited February 11, 2016).
Recent editions of Spotlight on Statistics
Employment and Wages in Healthcare Occupations
Healthcare occupations are a significant percentage of U.S. employment. Some of the largest and highest paying occupations are in healthcare. This Spotlight examines employment and wages for healthcare occupations.
Fifty years of looking at changes in peoples lives
Longitudinal surveys help us understand long-term changes, such as how events that happened when a person was in high school affect labor market success as an adult.
- A look at pay at the top, the bottom, and in between
The Spotlight examines how earnings and wages have changed over time and how they differ within a geographic area, industry, or occupation.