Import prices in April 2008

May 14, 2008

The U.S. Import Price Index increased 1.8 percent in April. The 1.8-percent rise followed increases of 2.9 percent, 0.2 percent, and 1.5 percent in March, February, and January, respectively.

Over-the-month percent change in price index for imports, April 2007-April 2008 (not seasonally adjusted)
[Chart data—TXT]

Petroleum prices advanced 4.4 percent in April after a 9.2-percent rise in March. Prices for petroleum rose 57.2 percent for the year ended in April following a 1.1-percent drop over the previous 12-month period.

Nonpetroleum prices increased 1.1 percent for the second consecutive month, matching the largest one-month increase for the index since nonpetroleum prices were first published on a monthly basis in December 1988.

The price indexes for overall imports and nonpetroleum imports advanced 15.4 percent and 6.2 percent, respectively, during 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 -- April 2008" (PDF) (HTML), news release USDL 08-0663.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Editor's Desk, Import prices in April 2008 on the Internet at http://www.bls.gov/opub/ted/2008/may/wk2/art03.htm (visited April 17, 2014).

OF INTEREST

Spotlight on Statistics: Productivity

This edition of Spotlight on Statistics examines labor productivity trends from 2000 through 2010 for selected industries and sectors within the nonfarm business sector of the U.S. economy.  Read more »