Import prices in December 2005
January 13, 2006
The U.S. Import Price Index fell 0.2 percent in December. The decline followed a 1.8-percent decrease in November and was again led by lower petroleum prices.
The recent decline in import prices came after they rose through most of 2005. Petroleum prices led the December decrease in overall import prices, declining 0.9 percent after falling 2.5 percent in October and 9.2 percent in November. Prior to the recent downturn, petroleum prices increased 62.5 percent over the first nine months of 2005.
Nonpetroleum prices were unchanged in December after edging up 0.1 percent in November. Overall import prices rose 7.9 percent for the year ended in December, which followed a 6.7-percent increase over the prior 12 months, and was the largest advance over any calendar year since 1987.
Export prices ticked up 0.1 percent in December as a 0.1-percent increase in nonagricultural prices more than compensated for a 0.5-percent drop in agricultural 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 - December 2005" (PDF) (TXT), news release USDL 06-41.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Import prices in December 2005 on the Internet at http://www.bls.gov/opub/ted/2006/jan/wk2/art05.htm (visited June 30, 2016).
Recent editions of Spotlight on Statistics
A look at healthcare spending, employment, pay, benefits, and prices
As one of the largest U.S. industries, healthcare is steadily growing to meet the needs of an increasing population with an increasing life expectancy. This Spotlight looks at how much people spend on healthcare, current and projected employment in the industry, employer-provided healthcare benefits, healthcare prices, and pay for workers in healthcare occupations.
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.