Import prices down in February 2006

March 16, 2006

The U.S. Import Price Index declined 0.5 percent in February following a 1.4-percent increase in January.

Over-the-month percent change in price index for imports, February 2005–February 2006 (not seasonally adjusted)
[Chart data—TXT]

Decreases for both nonpetroleum prices and petroleum prices, down 0.5 percent and 0.7 percent, respectively, contributed to the overall downward movement in import prices. In contrast to the first three quarters of 2005, petroleum prices declined in four of the past five months, the exception being a 6.9-percent increase in January.

The February decrease in nonpetroleum prices was led by a 2.2-percent decline in the price index for nonpetroleum industrial supplies and materials. That decrease in turn was led by a sharp drop in natural gas prices. Excluding all fuels, import prices increased 0.2 percent and prices for industrial supplies and materials rose 1.4 percent.

Export prices were unchanged in February as a 1.1-percent decline in agricultural prices offset a 0.1-percent uptick in the price index for nonagricultural exports.

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 2006" (PDF) (TXT), news release USDL 06-458.


Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Import prices down in February 2006 on the Internet at (visited September 29, 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.