Import prices in November
December 13, 2007
The U.S. Import Price Index increased 2.7 percent in November 2007.
The increase was the largest monthly advance since October 1990 and was led by a 9.8-percent rise in petroleum prices.
Over the past 12 months, the price index for petroleum imports was up 53.0 percent, while overall import prices increased 11.4 percent, the largest annual advance since the index was first published in September 1982.
While the rise in petroleum prices was the largest contributor to the November increase, nonpetroleum prices also advanced, rising 0.7 percent. The increase in nonpetroleum prices in November followed a 0.5-percent rise in October. Nonpetroleum prices advanced 3.0 percent over the past year.
These data are from the BLS International Price program. Import price data are subject to revision. Learn more in "U.S. Import and Export Price Indexes -- November 2007" (PDF) (TXT), news release USDL 07-1884.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Import prices in November on the Internet at http://www.bls.gov/opub/ted/2007/dec/wk2/art04.htm (visited May 30, 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.