Import prices up again in August 2005
September 12, 2005
The price index for U.S. imports increased 1.3 percent in August. Rising petroleum prices led the increase for the third consecutive month.
Following the pattern of the prior two months, the August increase was driven by higher petroleum prices, which rose 7.1 percent. August marked the third consecutive month that the price index for petroleum imports recorded its highest level since the index was first published in 1982. Petroleum prices rose 42.5 percent over the past 12 months.
Nonpetroleum prices were unchanged in August after decreasing 0.2 percent in each of the three preceding months. Despite those recent declines, nonpetroleum prices increased 1.8 percent for the year ended in August.
Prices of exports declined for the third time in the past four months, edging down 0.1 percent in August. Prices for both agricultural and nonagricultural exports contributed to the August decline, decreasing 0.6 percent and 0.1 percent, respectively.
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 - August 2005" (PDF) (TXT), news release USDL 05-1676. Note: Hurricane Katrina struck Florida and the Gulf Coast after the August survey reference period and therefore did not affect the August import and export price indexes.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Import prices up again in August 2005 on the Internet at http://www.bls.gov/opub/ted/2005/sept/wk2/art01.htm (visited October 21, 2016).
Recent editions of Spotlight on Statistics
Workplace injuries and illnesses and employer costs for workers’ compensation
Workplace injury and illness data and the costs to employers for workers’ compensation in natural resources, construction, and maintenance occupations.
A look at the future of the U.S. labor force to 2060
Projected long-term trends in the growth, size, and composition of the labor force.
Union membership in the United States
Historical trends in union membership among employed wage and salary workers; union membership by a variety of demographic characteristics.
A look at healthcare spending, employment, pay, benefits, and prices
Spending on healthcare, current and projected employment in the industry, employer-provided healthcare benefits, healthcare prices, and pay for workers in healthcare occupations.
Self-employment in the United States
Trends in self-employment by various demographic and socioeconomic characteristics, including both the unincorporated and the incorporated self-employed, as well as data on paid employees who work for the self-employed.