Import and export prices in August 2013
September 13, 2013
Prices for U.S. imports were unchanged in August after a slight increase of 0.1 percent in July. Export prices fell 0.5 percent in August, following a 0.1-percent decrease in July.
|Month||All imports||All exports|
Import prices have recorded little change the past 2 months, after decreasing 1.8 percent over the previous 4 months. The recent decline contributed to a 0.4-percent drop in import prices for the year ended in August. The decrease from August 2012 to August 2013 was led by lower nonfuel prices, which more than offset higher fuel prices.
Prices for U.S. exports continued to trend down in August, decreasing 0.5 percent. The index for overall export prices has not recorded a monthly advance since a 0.7-percent increase in February. Lower prices for both agricultural and nonagricultural exports contributed to the August decline. Overall export prices fell 1.1 percent for the year ended in August, the largest 12-month drop since the index decreased 1.3 percent from July 2011 and July 2012.
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 — August 2013" (HTML) (PDF), news release USDL‑13‑1836.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Import and export prices in August 2013 on the Internet at http://www.bls.gov/opub/ted/2013/ted_20130913.htm (visited October 25, 2014).
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