Import prices in January 2008
February 19, 2008
The U.S. Import Price Index increased 1.7 percent in January, led by a 5.5-percent increase in petroleum prices. The overall increase followed a 0.2-percent decline in December.
The overall index, which had risen 3.1 percent in November and 1.5 percent in October, is up 13.7 percent over the past 12 months, the largest year-over-year increase since the index was first published in September 1982.
The 5.5-percent increase in petroleum prices was the largest contributor to the January increase. Petroleum prices also led the overall increase in import prices over the past year, rising 66.9 percent over that period.
Nonpetroleum prices also advanced in January, rising 0.6 percent. The increase in nonpetroleum prices in January followed increases of 0.3 percent in December and 0.6 percent in November. Over that past 12 months, prices for nonpetroleum imports rose 3.6 percent.
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 -- January 2008" (PDF) (HTML), news release USDL 08-0205.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Import prices in January 2008 on the Internet at http://www.bls.gov/opub/ted/2008/feb/wk3/art01.htm (visited December 09, 2016).
Recent editions of Spotlight on Statistics
Workplace injuries and illnesses and employer costs for workers’ compensation
Workplace injury and illness data and the costs to employers for workers’ compensation in natural resources, construction, and maintenance occupations.
A look at the future of the U.S. labor force to 2060
Projected long-term trends in the growth, size, and composition of the labor force.
Union membership in the United States
Historical trends in union membership among employed wage and salary workers; union membership by a variety of demographic characteristics.
A look at healthcare spending, employment, pay, benefits, and prices
Spending on healthcare, current and projected employment in the industry, employer-provided healthcare benefits, healthcare prices, and pay for workers in healthcare occupations.
Self-employment in the United States
Trends in self-employment by various demographic and socioeconomic characteristics, including both the unincorporated and the incorporated self-employed, as well as data on paid employees who work for the self-employed.