U.S. import prices by country of origin, December 2012

January 14, 2013

The price index for U.S. imports edged down 0.1 percent in December after declining 0.8 percent the previous month. U.S. export prices also fell 0.1 percent in December following a 0.7 percent drop in November.

Import prices from China were unchanged in December and declined 0.7 percent in 2012. The yearly decrease followed increases of 3.6 percent in 2011 and 0.8 percent in 2010. For the year, import prices from Canada, the European Union, and Mexico all declined, falling 2.5 percent, 1.1 percent, and 3.6 percent, respectively. In contrast, prices for imports from Japan rose 1.0 percent over the past 12 months.

Percent change in U.S. import price indexes by selected locality of origin, December 2011 to December 2012
OriginPercent change

Canada

-2.5

European Union

-1.1

United Kingdom

1.7

Latin America

-4.4

Mexico

-3.6

China

-0.7

Japan

1.0

 

These data are from the BLS International Price program. Import and export price data are subject to revision. To learn more, see "U.S. Import and Export Price Indexes — December 2012" (HTML) (PDF), news release USDL-13-0016.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, U.S. import prices by country of origin, December 2012 on the Internet at http://www.bls.gov/opub/ted/2013/ted_20130114.htm (visited September 25, 2016).

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