U.S. import prices by country of origin, June 2013

July 12, 2013

Prices for U.S. imports decreased 0.2 percent in June, following a 0.7-percent decline in May. The price index for U.S. exports edged down 0.1 percent in June, after a 0.5-percent decrease the previous month.

Import prices from Japan continued to fall in June, declining 0.5 percent. Prices for imports from Japan have decreased 2.2 percent over the first half of 2013, and have paralleled the drop in the value of the yen compared to the U.S. dollar. Import prices from Japan fell 2.0 percent from June 2012 to June 2013. The price index for imports from China edged down 0.1 percent for the third consecutive month in June, and has not recorded a monthly advance since February 2012. Import prices from China fell 1.0 percent over the past 12 months.

Percent change in U.S. import price indexes by selected locality of origin, June 2012 to June 2013
OriginPercent change

Canada

4.5

Mexico

0.4

Latin America

0.2

European Union

0.1

China

-1.0

Japan

-2.0

United Kingdom

-3.0

 

Prices for imports from Mexico, Canada, and the European Union increased from June 2012 to June 2013, rising 0.4 percent, 4.5 percent, and 0.1 percent, respectively. Over the same period, prices for imports from the United Kingdom fell 3.0 percent.

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 — June 2013" (HTML) (PDF), news release USDL-13-1312.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, U.S. import prices by country of origin, June 2013 on the Internet at http://www.bls.gov/opub/ted/2013/ted_20130712.htm (visited October 21, 2014).

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