Import and export prices in June 2011
July 15, 2011
Export prices continued to rise in June, ticking up 0.1 percent after a 0.2-percent increase the previous month. The recent increases were the smallest since the index declined 0.2 percent in July 2010.
Import prices decreased 0.5 percent in June, following a 0.1 percent uptick the previous month. The June drop was the first monthly decline since the index fell 1.2 percent in June 2010. Prior to May, import prices rose at least one percent in each of the previous seven months.
Import fuel prices fell for the second consecutive month in June, decreasing 1.6 percent following a 0.8-percent drop in May. The decrease in fuel prices accounted for most of the June decline in overall import prices. Despite the declines over the past two months, fuel prices rose 46.9 percent over the past year.
The price index for imports excluding fuel edged down 0.1 percent in June, the first monthly decline for the index since a 0.3-percent decrease in July 2010.
Agricultural prices resumed an upward trend in June, rising 0.7 percent following a 2.0-percent downturn in May. Contributing to the June increase in agricultural prices, were higher prices for corn, soybeans, and wheat, up 3.2 percent, 2.3 percent, and 4.4 percent, respectively.
The price index for nonagricultural goods was unchanged in June after rising 0.5 percent in May. In June, higher finished goods prices offset a 0.7-percent decline in nonagricultural industrial supplies and materials prices.
These data are from the BLS International Price program. Import and export price data are subject to revision. For more information, see "U.S. Import and Export Price Indexes — June 2011" (HTML) (PDF), news release USDL-11-1033.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Import and export prices in June 2011 on the Internet at http://www.bls.gov/opub/ted/2011/ted_20110715.htm (visited December 07, 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.