Export prices up in August 2007
September 18, 2007
Prices for overall exports resumed an upward trend in August, rising 0.2 percent after a modest 0.1-percent downturn in July.
The price indexes for both agricultural goods and nonagricultural goods contributed to the August advance, increasing 1.0 percent and 0.1 percent, respectively.
The rise in agricultural prices followed increases of 1.4 percent in July and 2.7 percent in June. Higher prices for wheat, meat, and fish all factored into the August increase. Agricultural prices rose 17.6 percent over the past year.
Nonagricultural prices ticked up 0.1 percent in August after a 0.2-percent decline the previous month and advanced 2.4 percent for the year ended in August. Overall exports rose 3.6 percent for the same period.
These data are from the BLS International Price program. Export 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, Export prices up in August 2007 on the Internet at http://www.bls.gov/opub/ted/2007/sept/wk3/art02.htm (visited October 24, 2016).
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