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 February 10, 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.