Import prices in April
May 11, 2007
The U.S. Import Price Index rose 1.3 percent in April 2007. For the second consecutive month the increase was led by higher petroleum prices.
The 2.8-percent increase in import prices over the past two months drove the index to the highest level recorded since petroleum prices peaked in August 2006. This was largely attributable to the price index for petroleum which rose a further 6.5 percent in April after an 8.1-percent gain in March and a 1.7-percent advance in February.
Despite the recent increases, petroleum prices were down 1.8 percent over the past year. Nonpetroleum prices also rose in April, advancing 0.2 percent following a 0.3-percent increase in March. The nonpetroleum price index was up 2.9 percent over the past 12 months.
Overall import prices rose 1.9 percent for the year ended in April 2007.
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 -- April 2007" (PDF) (TXT), news release USDL 07-0675.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Import prices in April on the Internet at http://www.bls.gov/opub/ted/2007/may/wk1/art05.htm (visited May 29, 2015).
Recent editions of Spotlight on Statistics
New estimates of personal taxes in Consumer Expenditure Survey
In 2013, the Consumer Expenditure Survey improved its personal tax data.
Trends in long-term unemployment
Long-term unemployment reached historically high levels following the recession of 2007–2009.
Housing: before, during, and after the Great Recession
looks at consumer expenditures on household items, employment in residential construction, prices for household items, and injuries in occupations involved in building and maintaining our homes.