Import prices down in August 2007
September 17, 2007
The U.S. Import Price Index decreased 0.3 percent in August.
The decline in import prices in August was the first since a 1.2-percent drop in January.
A comparatively modest 1.3-percent decrease in petroleum prices followed six months of higher prices during which the index rose 34.9 percent. Nonpetroleum prices also decreased in August, falling 0.1 percent.
Nonpetroleum prices rose 2.3 percent for the year ended in August, while overall import prices increased 1.9 percent for the same period. Petroleum prices rose 1.5 percent over the past 12 months.
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 -- August 2007" (PDF) (TXT), news release USDL 07-1382.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Import prices down in August 2007 on the Internet at http://www.bls.gov/opub/ted/2007/sept/wk3/art01.htm (visited June 25, 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.