Import prices in February 2008
March 14, 2008
The U.S. Import Price Index ticked up 0.2 percent in February following a 1.6-percent increase in January.
The index advanced 13.6 percent over the past year.
Petroleum prices fell for the second time in three months in February 2008, declining 1.5 percent after rising 4.8 percent in January. The price index for petroleum increased 60.9 percent for the year ended in February.
Nonpetroleum prices advanced 0.6 percent in February 2008 after a 0.7-percent increase the previous month. The price index for nonpetroleum prices was up 4.5 percent over the past 12 months.
A 2.5-percent increase in nonpetroleum industrial supplies and materials prices was the largest contributor to the overall February rise in nonpetroleum prices. That advance was led by higher prices for natural gas, metals, and fertilizers. Prices for nonpetroleum industrial supplies and materials rose 12.5 percent over the past year.
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 -- February 2008" (PDF) (HTML), news release USDL 08-0333.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Import prices in February 2008 on the Internet at http://www.bls.gov/opub/ted/2008/mar/wk2/art05.htm (visited July 28, 2016).
Recent editions of Spotlight on Statistics
A look at healthcare spending, employment, pay, benefits, and prices
As one of the largest U.S. industries, healthcare is steadily growing to meet the needs of an increasing population with an increasing life expectancy. This Spotlight looks at how much people spend on healthcare, current and projected employment in the industry, employer-provided healthcare benefits, healthcare prices, and pay for workers in healthcare occupations.
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.