Technical Information: Jim Thomas (202) 606-7155 USDL-99-59 Bill Alterman (202) 606-7108 Transmission of This Media contact Material is Embargoed Kathryn Hoyle (202) 606-5902 Until: 10:00 A.M. E.S.T. Internet Address: http://stats.bls.gov/ipphome.htm Thursday, March 11, 1999 U.S. IMPORT AND EXPORT PRICE INDEXES -FEBRUARY 1999- The U.S. Import Price Index decreased 0.1 percent in February, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. The decrease followed a 0.3 percent gain in January and was attributable to a decline in prices for both petroleum and nonpetroleum products. The U.S. Export Price Index was also down 0.1 percent in February after posting no change, on average, in January. Percent changes in import and export price indexes by End Use category - not seasonally adjusted - IMPORTS EXPORTS Month Non- Agri- Nonagri- All Petroleum petroleum All cultural cultural Imports Imports Imports Exports Exports Exports 1998 February -0.9 -6.5 -0.4 -0.3 -1.5 -0.2 March -0.8 -9.0 -0.3 -0.3 -0.5 -0.3 April -0.3 0.4 -0.3 -0.4 -1.6 -0.2 May -0.1 0.5 -0.2 0.1 1.0 -0.1 June -0.6 -4.4 -0.4 -0.5 0.0 -0.5 July -0.9 -5.4 -0.4 -0.3 0.3 -0.4 August -0.4 -0.6 -0.4 -0.5 -4.1 -0.1 September 0.2 6.4 -0.2 -0.5 -2.9 -0.2 October 0.2 2.3 0.1 -0.1 0.1 -0.1 November -0.5 -9.7 0.1 0.2 1.7 0.0 December -0.9 r -13.4 r -0.2 r -0.1 0.7 r -0.1 1999 January 0.3 r 3.5 r 0.2 r 0.0 0.0 r -0.1 February -0.1 -1.5 -0.1 -0.1 -2.4 0.1 Feb. 97-98 -6.3 -32.1 -3.4 -2.4 -9.0 -1.6 Feb. 98-99 -3.9 -28.3 -2.2 -2.6 -7.5 -2.1 r = revised to reflect late reports and corrections by respondents. Import Goods The price index for all U.S. imports, which resumed a downward trend in February, has dropped 3.9 percent over the past 12 months. Petroleum prices led the turnaround, falling 1.5 percent in February after gaining 3.5 percent in January. For the year ended in February, petroleum prices fell 28.3 percent, following a decline of 32.1 percent over the February 1997-1998 period. The index for nonpetroleum import prices continued to register comparatively little movement in February, falling 0.1 percent after gaining 0.2 percent in January. Over the past 12 months, this index fell 2.2 percent, compared with a 3.4 percent decline over the February 1997-98 period. The index for foods, feeds, and beverages fell 2.7 percent in February after increasing 0.9 percent in January. The decline was led by falling vegetable and coffee prices. For the year ended in February, the index fell 3.4 percent. The index for industrial supplies and materials excluding petroleum was unchanged last month after edging up 0.1 percent in January. Over the past 12 months, this index fell 4.2 percent. In contrast, prices in all the major finished goods areas increased in February. The index for automotive vehicles, parts, and engines rose for the fifth consecutive month, up 0.3 percent in February. Over the past 12 months, the index rose 0.4 percent. The indexes for capital goods and consumer goods excluding automotives each edged up 0.1 percent last month. Both indexes, however, fell over the past 12 months, 3.2 percent and 1.0 percent, respectively. Export Goods The price index for all U.S. exports continued its recent pattern of little movement in February, declining 0.1 percent as decreasing prices for agricultural exports more than offset a slight rise for nonagricultural exports. Over the past 12 months, export prices were down 2.6 percent. The price index for agricultural exports decreased 2.4 percent in February after increasing in each of the previous four months. The turnaround in February was led by falling prices for grains and oilseeds. Agricultural export prices fell 7.5 percent over the past 12 months after a drop of 9.0 percent over the February 1997-98 period. In contrast, nonagricultural export prices edged up 0.1 percent last month. Despite the February increase, the index fell 2.1 percent for the past year, compared with a 1.6 percent decline over the February 1997-98 period. Small increases in the price indexes for all the major finished goods areas in February contributed to the overall increase in nonagricultural export prices. The price indexes for capital goods and consumer goods excluding automotives each rose on average 0.1 percent in February. Over the past 12 months, however, the indexes fell 1.5 percent and 0.6 percent, respectively. Prices for automotive vehicles, parts, and engines also increased, up 0.2 percent in February and 0.9 percent over the past 12 months. The index for nonagricultural industrial supplies and materials posted no change in February. These prices decreased in each of the previous two months and were down 5.6 percent for the year ended in February. Imports by Locality of Origin Continuing a four- month upward trend, prices for imports from Japan rose 0.5 percent in February, bringing the increase since October 1998 to 2.2 percent. The index, however, was still down 0.9 percent over the past year. The price index for imports from the Asian Newly Industrialized Countries was unchanged in February after decreasing in each of the previous 17 months. For the year ended in February, the index fell 7.2 percent. The import price index for Latin America also was unchanged last month. Over the past year, however, the index dropped 6.6 percent. In February, the import price index for Canada fell for the fourth consecutive month, down 0.6 percent. For the February 1998-99 period, the index fell 2.3 percent. Import prices from the European Union also fell, on average, in February, down 0.2 percent. The index was up 0.1 percent over the past year. CONTENTS OF RELEASE This news release includes the following tables: Table 1 Import Price Indexes, by End Use Table 2 Export Price Indexes, by End Use Table 3 Import Price Indexes, by SITC Table 4 Export Price Indexes, by SITC Table 5 Import Price Indexes, by Harmonized System Table 6 Export Price Indexes, by Harmonized System Table 7 Import Price Indexes, by Locality of Origin Table 8 U.S. Import and Export Price Indexes for Services Table 9 U.S. International Price Indexes for Services ----------------------------------------------------- Import and Export Price Index data for March are scheduled for release on April 8 at 10:00 a.m. (EDT). Table 1 U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods, February 1998-February 1999 1995=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance Feb. Oct. Nov. Dec. Jan. END Description 1998 1998 1998 1998 1999 USE January January February to to to to to 1999 1999 1999 Feb. Nov. Dec. Jan. Feb. 1/ 2/ 1999 1998 1998 1999 1999 ALL COMMODITIES.............................. 100.000 90.8 90.7 -3.9 -0.5 -0.9 0.3 -0.1 ALL IMPORTS EXCLUDING PETROLEUM.............. 94.713 92.9 92.8 -2.2 0.1 -0.2 0.2 -0.1 0 FOODS, FEEDS, & BEVERAGES................... 4.956 96.0 93.4 -3.4 -1.3 0.0 0.9 -2.7 00 Agricultural foods, feeds & beverages, excluding distilled beverages.......... 3.515 93.5 89.3 -4.6 -1.3 0.5 1.3 -4.5 01 Nonagricultural foods (fish, distilled beverages)............................. 1.441 102.6 104.0 -0.7 -1.3 -1.6 0.5 1.4 1 INDUSTRIAL SUPPLIES & MATERIALS............. 23.857 82.6 82.3 -10.7 -2.4 -3.5 0.9 -0.4 INDUSTRIAL SUPPLIES & MATERIALS EXCLUDING PETROLEUM................. 18.569 90.8 90.8 -4.2 0.1 -0.4 0.1 0.0 INDUSTRIAL SUPPLIES & MATERIALS, DURABLE............................. 9.773 91.5 92.2 -3.8 -0.4 -0.1 0.3 0.8 INDUSTRIAL SUPPLIES & MATERIALS, NONDURABLE EXCLUDING PETROLEUM...... 8.797 90.0 89.1 -4.8 0.8 -0.9 -0.1 -1.0 10 Fuels & lubricants......................... 6.547 67.7 66.1 -24.8 -7.8 -10.6 3.0 -2.4 100 Petroleum & petroleum products............ 5.288 61.5 60.6 -28.3 -9.7 -13.4 3.5 -1.5 1000 Crude................................... 4.052 59.3 58.5 -28.1 -12.0 -15.2 6.5 -1.3 11 Paper & paper base stocks.................. 1.839 78.5 78.7 -3.2 -0.2 -1.5 -0.4 0.3 12 Materials associated with nondurable supplies & materials................... 5.915 87.6 87.4 -5.2 0.6 -1.2 -0.5 -0.2 13 Selected building materials................ 2.197 104.5 108.0 3.2 0.6 1.2 1.7 3.3 14 Unfinished metals associated with durable goods.......................... 4.387 86.7 87.1 -7.1 -1.4 -0.6 -0.2 0.5 15 Finished metals associated with durable goods.................................. 1.489 92.3 92.1 -2.6 -0.1 -0.6 0.1 -0.2 16 Nonmetals associated with durable goods.... 1.483 88.8 88.4 -4.5 0.1 -0.1 0.3 -0.5 2 CAPITAL GOODS............................... 28.553 84.5 84.6 -3.2 0.0 0.0 0.0 0.1 20 Electric & electrical generating equipment.............................. 3.476 93.6 93.7 -2.2 0.6 0.2 -0.1 0.1 21 Nonelectrical machinery.................... 23.239 81.5 81.6 -3.7 0.0 0.0 0.0 0.1 3 AUTOMOTIVE VEHICLES, PARTS & ENGINES........ 19.188 101.4 101.7 0.4 0.4 0.1 0.1 0.3 4 CONSUMER GOODS, EXCLUDING AUTOMOTIVES............................ 23.447 98.1 98.2 -1.0 0.2 -0.4 0.2 0.1 40 Nondurables, manufactured.................. 11.720 101.0 101.1 0.1 0.1 -0.4 0.2 0.1 41 Durables, manufactured..................... 10.584 95.2 95.0 -1.7 0.3 -0.3 0.2 -0.2 42 Nonmanufactured consumer goods............. 1.143 97.7 100.5 -5.0 -1.0 0.4 0.6 2.9 1 Relative importance figures are based on n.a. Not available 1995 trade values. 2 Data for November and December 1998 and January 1999 have been revised to reflect the availability of late reports and corrections by respondents. All data are subject to revision in each of the three months after original publication. NOTE: Published categories may include price data not shown separately Table 2 U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods, February 1998-February 1999 1995=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance Feb. Oct. Nov. Dec. Jan. END Description 1998 1998 1998 1998 1999 USE January January February to to to to to 1999 1999 1999 Feb. Nov. Dec. Jan. Feb. 1/ 2/ 1999 1998 1998 1999 1999 ALL COMMODITIES.............................. 100.000 94.8 94.7 -2.6 0.2 -0.1 0.0 -0.1 AGRICULTURAL COMMODITIES..................... 9.783 89.2 87.1 -7.5 1.7 0.7 0.0 -2.4 NONAGRICULTURAL COMMODITIES.................. 90.217 95.4 95.5 -2.1 0.0 -0.1 -0.1 0.1 0 FOODS, FEEDS, & BEVERAGES................... 8.928 91.4 89.4 -5.9 2.3 0.7 0.2 -2.2 00 Agricultural foods, feeds & beverages, excluding distilled beverages.......... 8.137 91.1 88.7 -7.8 2.6 0.8 0.1 -2.6 01 Nonagricultural foods (fish, distilled beverages)............................. 0.791 95.9 98.2 17.2 -0.3 -0.9 1.1 2.4 1 INDUSTRIAL SUPPLIES & MATERIALS............. 24.159 86.9 86.8 -5.7 0.0 -0.3 -0.2 -0.1 INDUSTRIAL SUPPLIES & MATERIALS, DURABLE............................. 9.458 88.2 88.1 -4.6 0.0 -0.6 -0.2 -0.1 INDUSTRIAL SUPPLIES & MATERIALS, NONDURABLE.......................... 14.700 86.0 86.0 -6.4 -0.1 -0.2 -0.2 0.0 10 Agricultural industrial supplies & materials.............................. 1.646 82.5 81.7 -6.2 -2.0 -0.2 -0.2 -1.0 NONAGRICULTURAL INDUSTRIAL SUPPLIES & MATERIALS............................ 22.513 87.2 87.2 -5.6 0.0 -0.3 -0.2 0.0 11 Fuels & lubricants......................... 2.132 92.7 92.4 -12.9 -0.3 -1.2 -0.1 -0.3 12 Nonagricultural supplies & materials excluding fuels & building materials... 18.884 85.7 85.7 -5.1 0.1 -0.2 -0.3 0.0 13 Selected building materials................ 1.497 86.7 87.1 -1.6 -0.3 0.0 0.2 0.5 2 CAPITAL GOODS............................... 44.571 97.2 97.3 -1.5 -0.2 0.1 0.1 0.1 20 Electric & electrical generating Equipment.............................. 4.470 99.0 99.1 -2.0 -0.3 -0.3 -0.4 0.1 21 Nonelectrical machinery.................... 34.362 93.8 93.9 -2.0 -0.2 0.0 0.1 0.1 3 AUTOMOTIVE VEHICLES, PARTS & ENGINES........ 10.116 102.9 103.1 0.9 0.1 -0.1 0.1 0.2 4 CONSUMER GOODS, EXCLUDING AUTOMOTIVES............................ 12.226 101.8 101.9 -0.6 0.0 -0.2 -0.1 0.1 40 Nondurables, manufactured.................. 6.468 101.9 102.1 -0.1 0.0 -0.4 0.1 0.2 41 Durables, manufactured..................... 5.174 100.6 100.5 -1.1 -0.1 -0.1 -0.1 -0.1 1 Relative importance figures are based on n.a. Not available 1995 trade values. 2 Data for November and December 1998 and January 1999 have been revised to reflect the availability of late reports and corrections by respondents. All data are subject to revision in each of the three months after original publication. NOTE: Published categories may include price data not shown separately Table 3 U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods, February 1998-February 1999 1995=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance Feb. Oct. Nov. Dec. Jan. SITC Description 1998 1998 1998 1998 1999 Rev. 3 January January February to to to to to 1999 1999 1999 Feb. Nov. Dec. Jan. Feb. 1/ 2/ 1999 1998 1998 1999 1999 ALL COMMODITIES.............................. 100.000 90.8 90.7 -3.9 -0.5 -0.9 0.3 -0.1 0 FOOD AND LIVE ANIMALS....................... 4.216 96.6 93.4 -4.2 -1.2 -0.6 1.5 -3.3 01 Meat and meat preparations................. 0.339 91.9 92.2 -9.0 -0.7 -3.2 0.1 0.3 03 Fish, crustaceans, aquatic invertebrates and preparations thereof................ 1.068 100.9 102.9 -3.3 -1.8 -2.2 0.8 2.0 05 Vegetables, fruit and nuts, fresh or dried.......................... 1.287 113.9 102.8 9.6 -3.9 0.9 3.0 -9.7 07 Coffee, tea, cocoa, spices and manufactures thereof.................... 0.573 76.2 72.3 -25.5 0.9 0.5 1.6 -5.1 3/ Other food and live animals (9612=100)....... 0.948 93.8 93.3 -2.4 1.8 -0.9 0.5 -0.5 1 BEVERAGES AND TOBACCO....................... 0.928 110.4 110.0 0.5 -0.2 0.2 0.5 -0.4 11 Beverages.................................. 0.780 106.7 106.7 0.8 -0.2 0.2 0.1 0.0 2 CRUDE MATERIALS, INEDIBLE, EXCEPT FUELS..... 2.802 84.4 87.5 -8.0 -1.1 1.2 0.4 3.7 24 Cork and wood.............................. 1.065 108.6 113.8 3.5 0.3 4.0 1.6 4.8 25 Pulp and waste paper....................... 0.345 57.8 58.5 -9.3 -1.9 -0.3 0.0 1.2 28 Metalliferous ores and metal scrap......... 0.598 91.0 90.6 -9.4 -0.4 0.0 -1.9 -0.4 29 Crude animal and vegetable materials, n.e.s. (9612=100)....................... 0.287 103.4 118.1 -25.3 -6.6 2.6 4.0 14.2 3/ Other crude materials, inedible, except fuels (9612=100).......................... 0.325 84.2 84.6 -10.4 -1.4 -0.5 -1.1 0.5 3 MINERAL FUELS, LUBRICANTS AND RELATED MATERIALS................................ 6.267 67.1 65.4 -25.0 -7.9 -11.0 3.7 -2.5 33 Petroleum, petroleum products and related materials....................... 4.999 61.1 60.2 -28.1 -10.0 -13.8 4.1 -1.5 34 Gas, natural and manufactured.............. 1.137 114.6 106.2 -9.5 4.0 2.3 1.9 -7.3 5 CHEMICALS AND RELATED PRODUCTS, N.E.S....... 5.690 91.4 91.1 -3.0 0.5 -1.2 0.2 -0.3 51 Organic chemicals.......................... 1.618 91.0 91.0 -1.8 0.8 -1.7 1.1 0.0 52 Inorganic chemicals........................ 0.661 90.1 88.5 -6.1 0.4 -4.2 -0.9 -1.8 53 Dyeing, tanning and coloring materials..... 0.302 94.5 93.8 -1.2 1.4 -0.8 -2.1 -0.7 54 Medicinal and pharmaceutical products...... 0.983 97.0 97.4 1.7 1.3 -0.2 1.4 0.4 55 Essential oils; polishing and cleansing preps................................... 0.334 94.6 93.6 -2.8 0.3 -0.1 -0.6 -1.1 57 Plastics in primary forms.................. 0.394 92.2 92.5 -4.1 0.8 0.2 0.5 0.3 58 Plastics in nonprimary forms............... 0.501 73.6 73.0 -11.6 0.1 -0.3 -0.4 -0.8 59 Chemical materials and products, n.e.s..... 0.672 98.5 97.7 -3.6 0.0 -0.1 -0.6 -0.8 6 MANUFACTURED GOODS CLASSIFIED CHIEFLY BY MATERIAL.............................. 12.828 91.7 91.9 -3.1 -0.2 -0.9 0.0 0.2 62 Rubber manufactures, n.e.s................. 0.764 94.6 94.7 -0.5 0.4 -0.3 0.2 0.1 63 Cork and wood manufactures other than furniture............................... 0.594 98.1 100.2 6.1 2.5 -2.1 3.0 2.1 64 Paper, paperboard, and articles of paper pulp, paper or paper board........ 1.669 85.6 85.6 -2.2 0.1 -1.6 -0.6 0.0 65 Textile yarn, fabrics, made-up articles, n.e.s., and related prod...... 1.463 96.2 95.2 -2.8 0.2 -0.3 -0.2 -1.0 66 Nonmetallic mineral manufactures, n.e.s................................... 2.258 100.7 100.9 0.2 0.2 -0.1 0.1 0.2 67 Iron and steel............................. 1.977 86.9 86.8 -9.4 -1.0 -1.4 -0.6 -0.1 68 Nonferrous metals.......................... 1.840 82.9 84.4 -6.8 -2.4 -1.0 -0.1 1.8 69 Manufactures of metals, n.e.s.............. 2.091 97.1 96.8 -0.7 0.5 -0.7 0.5 -0.3 7 MACHINERY AND TRANSPORT EQUIPMENT........... 48.365 91.3 91.5 -1.8 0.2 0.1 0.0 0.2 71 Power generating machinery and equipment (9612=100).................... 3.164 97.9 98.6 -1.1 0.5 0.2 0.0 0.7 72 Machinery specialized for particular industries.............................. 2.871 98.6 98.9 0.8 0.9 -0.2 0.1 0.3 73 Metalworking machinery..................... 0.879 97.5 97.3 -0.1 0.6 -0.4 -0.1 -0.2 74 General industrial machinery, equipment, & machine parts, n.e.s....... 3.702 98.5 98.9 2.5 0.9 -0.3 0.1 0.4 75 Computer equipment and office machines..... 6.447 66.6 66.3 -10.9 -0.9 0.2 -0.1 -0.5 76 Telecommunications & sound recording & reproducing apparatus & equipment..... 4.661 88.3 88.4 -2.8 0.1 -0.2 0.0 0.1 77 Electrical machinery and equipment......... 9.712 84.0 84.4 -1.5 0.2 0.2 -0.2 0.5 78 Road vehicles.............................. 15.804 101.9 102.1 0.8 0.4 0.1 0.4 0.2 8 MISCELLANEOUS MANUFACTURED ARTICLES......... 18.443 98.4 98.4 -0.9 0.1 -0.3 0.2 0.0 81 Prefabricated buildings; plumbing, heat & lighting fixtures, n.e.s.............. 0.406 94.7 93.1 -2.4 0.4 -0.8 0.4 -1.7 82 Furniture and parts thereof................ 1.323 100.3 100.1 -2.9 0.2 0.1 0.0 -0.2 83 Travel goods, handbags and similar containers.............................. 0.541 101.1 101.2 0.4 -0.3 0.6 0.1 0.1 84 Articles of apparel and clothing accessories............................. 6.222 102.1 102.2 -0.7 -0.1 -0.7 0.0 0.1 85 Footwear................................... 1.905 101.3 101.3 0.2 -0.2 -0.2 0.4 0.0 87 Professional, scientific and controlling instruments and apparatus, n.e.s........ 1.673 94.9 95.0 -0.4 0.2 -0.3 -0.1 0.1 88 Photographic apparatus, equipment and supplies and optical goods, n.e.s.;..... 1.411 92.0 92.1 0.0 0.7 -0.2 1.0 0.1 89 Miscellaneous manufactured articles, n.e.s................................... 4.961 95.8 95.5 -1.8 0.2 -0.1 0.3 -0.3 1 Relative importance figures are based on n.a. Not available. 1995 trade values. 2 Data for November and December 1998 and January 1999 have been revised to reflect the availability of late reports and corrections by respondents. All data are subject to revision in each of the three months after original publication. 3 Product categories included in this group have been modified due to concordance or coverage limitations. NOTE: Published categories may include price data not shown separately Table 4 U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods, February 1998-February 1999 1995=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance Feb. Oct. Nov. Dec. Jan. SITC Description 1998 1998 1998 1998 1999 Rev. 3 January January February to to to to to 1999 1999 1999 Feb. Nov. Dec. Jan. Feb. 1/ 2/ 1999 1998 1998 1999 1999 ALL COMMODITIES.............................. 100.000 94.8 94.7 -2.6 0.2 -0.1 0.0 -0.1 0 FOOD AND LIVE ANIMALS....................... 7.281 90.3 89.1 -3.7 1.6 0.4 0.9 -1.3 01 Meat and meat preparations................. 1.117 90.2 93.4 2.8 -3.3 -0.9 0.3 3.5 03 Fish, crustaceans, aquatic invertebrates and preparations thereof................ 0.606 96.1 98.6 22.2 -0.5 -0.8 0.4 2.6 04 Cereals and cereal preparations............ 2.435 79.3 77.8 -15.0 6.5 0.9 0.5 -1.9 05 Vegetables, fruit and nuts, fresh or dried.......................... 1.521 103.2 98.0 10.6 -0.1 0.4 3.5 -5.0 08 Feeding stuff for animals (not including unmilled cereals)............. 0.663 91.2 90.1 -14.1 3.6 3.1 -1.1 -1.2 09 Miscellaneous edible products and preparations............................ 0.412 106.8 106.8 1.9 0.0 0.1 0.0 0.0 3/ Other food and live animals (9612=100)....... 0.527 95.7 92.3 -6.2 -2.2 -1.3 0.4 -3.6 1 BEVERAGES AND TOBACCO....................... 1.565 101.3 101.4 1.2 0.5 0.2 0.6 0.1 12 Tobacco and tobacco manufactures........... 1.291 101.3 101.5 1.6 0.6 0.0 0.9 0.2 2 CRUDE MATERIALS, INEDIBLE, EXCEPT FUELS..... 5.077 75.6 75.0 -11.8 0.3 0.8 -0.9 -0.8 21 Hides, skins and furskins, raw............. 0.280 82.7 81.4 -2.3 -1.0 7.0 -3.5 -1.6 22 Oil seeds and oleaginous fruits............ 1.030 91.4 84.9 -24.9 6.1 2.5 -4.4 -7.1 24 Cork and wood.............................. 0.878 81.3 81.5 -4.3 -1.2 -0.1 -0.1 0.2 25 Pulp and waste paper....................... 0.714 59.7 61.5 -4.9 -2.5 0.2 3.5 3.0 26 Textile fibers and their waste............. 0.725 70.4 70.8 -9.2 -3.1 -1.1 -0.3 0.6 27 Crude fertilizers and crude minerals....... 0.331 93.4 93.5 -3.8 0.0 0.0 -1.8 0.1 28 Metalliferous ores and metal scrap......... 0.725 67.7 68.7 -15.6 0.4 0.1 -0.3 1.5 3/ Other crude materials, inedible, except fuels (9612=100).......................... 0.395 90.3 90.2 -10.3 1.0 -0.6 0.0 -0.1 3 MINERAL FUELS, LUBRICANTS AND RELATED MATERIALS................................ 1.865 93.2 93.1 -14.2 0.0 -1.0 -0.4 -0.1 32 Coal, coke and briquettes.................. 0.701 99.5 99.2 -1.8 -0.1 0.0 0.1 -0.3 33 Petroleum, petroleum products and related materials....................... 1.033 91.4 91.4 -20.0 0.1 -1.8 -0.9 0.0 4 ANIMAL AND VEGETABLE OILS, FATS AND WAXES.................................... 0.477 98.0 90.3 -10.9 0.1 -3.1 -1.7 -7.9 5 CHEMICALS AND RELATED PRODUCTS, N.E.S....... 10.613 90.6 90.5 -4.2 0.0 -0.2 -0.4 -0.1 51 Organic chemicals.......................... 2.307 73.6 73.6 -9.4 -0.3 0.3 -0.8 0.0 52 Inorganic chemicals........................ 0.898 103.3 103.2 -0.2 0.8 -0.1 -0.1 -0.1 53 Dyeing, tanning and coloring materials..... 0.505 100.8 101.2 -0.9 0.2 -0.1 0.7 0.4 54 Medicinal and pharmaceutical products...... 1.253 100.1 100.1 -1.5 0.0 -0.2 -0.7 0.0 55 Essential oils; polishing and cleansing preps................................... 0.771 101.5 101.6 -0.4 -1.1 -0.1 -0.1 0.1 56 Fertilizers (9612=100)..................... 0.583 95.7 95.1 4.6 -0.8 -1.1 -0.2 -0.6 57 Plastics in primary forms.................. 1.709 84.6 84.4 -8.7 0.0 -0.3 -1.2 -0.2 58 Plastics in nonprimary forms............... 0.828 95.9 95.4 -4.8 -1.2 -0.5 0.5 -0.5 59 Chemical materials and products, n.e.s..... 1.759 100.4 100.8 -1.0 0.6 0.1 -0.8 0.4 6 MANUFACTURED GOODS CLASSIFIED CHIEFLY BY MATERIAL.............................. 9.876 96.7 96.7 -1.8 0.1 -0.2 0.2 0.0 62 Rubber manufactures, n.e.s................. 0.718 106.5 107.7 5.8 1.7 -0.1 0.5 1.1 63 Cork and wood manufactures other than furniture............................... 0.311 94.5 96.1 5.5 1.8 1.4 -0.4 1.7 64 Paper, paperboard, and articles of paper pulp, paper or paperboard......... 1.497 80.3 80.8 -4.9 0.7 -0.7 -1.2 0.6 65 Textile yarn, fabrics, and made-up articles, n.e.s................. 1.425 100.9 99.6 -3.7 0.3 0.4 -0.1 -1.3 66 Nonmetallic mineral manufactures, n.e.s................................... 1.373 106.9 106.9 -0.4 0.1 0.1 -0.4 0.0 67 Iron and steel............................. 1.085 97.8 96.6 -5.7 -0.4 -0.6 0.8 -1.2 68 Nonferrous metals.......................... 1.216 84.6 85.4 -6.5 -0.4 -1.8 0.8 0.9 69 Manufactures of metals, n.e.s.............. 2.102 107.5 107.6 2.4 -0.1 -0.1 1.0 0.1 7 MACHINERY AND TRANSPORT EQUIPMENT........... 51.025 98.2 98.3 -1.2 -0.1 0.1 -0.1 0.1 71 Power generating machinery and equipment............................... 4.517 109.2 109.3 2.4 0.9 0.5 0.6 0.1 72 Machinery specialized for particular industries.............................. 4.861 105.4 105.4 0.3 0.0 -0.3 0.2 0.0 73 Metalworking machinery..................... 1.029 109.1 109.2 1.7 0.0 0.2 0.2 0.1 74 General industrial machinery, equipment, & parts, n.e.s............... 5.250 107.0 107.4 1.7 -0.2 0.0 0.5 0.4 75 Computer equipment and office machines..... 6.036 74.3 74.3 -7.7 0.0 -0.1 -0.1 0.0 76 Telecommunications & sound recording & reproducing apparatus & equipment..... 3.843 97.6 97.5 -0.8 -0.6 0.0 0.1 -0.1 77 Electrical machinery and equipment......... 11.428 89.9 90.0 -3.8 -0.4 -0.1 -0.9 0.1 78 Road vehicles.............................. 9.375 102.1 102.3 0.4 0.0 -0.1 0.0 0.2 8 MISCELLANEOUS MANUFACTURED ARTICLES......... 11.485 100.9 101.0 -0.4 0.0 -0.2 0.3 0.1 82 Furniture and parts thereof................ 0.654 103.9 103.9 -0.4 0.1 0.0 -0.3 0.0 84 Articles of apparel and clothing accessories............................. 1.281 100.7 101.2 -2.3 0.0 -1.6 -0.2 0.5 87 Professional, scientific and controlling instruments and apparatus, n.e.s........ 3.866 104.8 104.8 1.2 0.1 0.1 0.7 0.0 88 Photographic apparatus, equipment and supplies and optical goods, n.e.s....... 0.939 95.0 95.5 1.5 1.2 -0.2 0.7 0.5 89 Miscellaneous manufactured articles, n.e.s................................... 4.269 98.2 98.2 -1.7 -0.2 -0.1 0.1 0.0 3/ Other miscellaneous manufactured articles (9612=100)....................... 0.476 102.2 102.2 0.1 0.0 0.0 0.1 0.0 1 Relative importance figures are based on n.a. Not available. 1995 trade values. 2 Data for November and December 1998 and January 1999 have been revised to reflect the availability of late reports and corrections by respondents. All data are subject to revision in each of the three months after original publication. 3 Product categories included in this group have been modified due to concordance or coverage limitations. NOTE: Published categories may include price data not shown separately Table 5 U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods, February 1998-February 1999 1995=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly Harmo- ance Feb. Oct. Nov. Dec. Jan. nized Description 1998 1998 1998 1998 1999 System January January February to to to to to 1999 1999 1999 Feb. Nov. Dec. Jan. Feb. 1/ 2/ 1999 1998 1998 1999 1999 I LIVE ANIMALS; ANIMAL PRODUCTS............... 1.621 98.3 99.2 -3.5 -0.4 -1.8 0.8 0.9 02 Meat and edible meat offal................... 0.277 92.6 92.7 -4.9 1.1 -2.8 0.0 0.1 03 Fish and crustaceans, molluscs and........... other aquatic invertebrates............... 0.955 103.2 105.0 -2.5 -2.3 -1.4 1.3 1.7 3/ Other live animals and animal................ products (9612=100)....................... 0.388 93.7 93.3 -4.7 3.1 -2.3 0.4 -0.4 II VEGETABLE PRODUCTS.......................... 1.701 92.3 86.7 -5.6 -4.3 1.0 2.1 -6.1 07 Edible vegetables and certain roots and...... tubers.................................... 0.416 143.8 103.0 14.6 -17.8 10.2 -1.8 -28.4 08 Edible fruit and nuts; peel of citrus........ fruit or melons........................... 0.494 102.7 103.8 7.6 3.9 -5.3 5.4 1.1 09 Coffee, tea, mate and spices................. 0.386 74.3 70.9 -19.0 1.8 -0.8 2.8 -4.6 3/ Other vegetable products..................... 0.404 87.1 92.9 -16.0 -3.8 1.7 1.8 6.7 IV PREPARED FOODSTUFFS, BEVERAGES, AND......... TOBACCO................................... 2.201 100.8 100.4 -0.6 -0.4 0.5 0.5 -0.4 20 Preparations of vegetables, fruit,........... nuts, or other parts of plants............ 0.305 94.8 92.7 4.9 0.9 3.0 2.9 -2.2 22 Beverages, spirits, and vinegar.............. 0.808 105.1 105.0 0.5 1.0 -0.2 0.2 -0.1 3/ Other prepared foodstuffs (9612=100)......... 1.089 97.0 97.1 -2.7 -1.6 0.4 -0.1 0.1 V MINERAL PRODUCTS............................ 6.915 69.1 67.7 -23.4 -7.2 -9.9 2.8 -2.0 26 Ores, slag and ash........................... 0.313 101.5 101.5 -0.4 0.1 0.0 -0.1 0.0 27 Mineral fuels, oils and residuals,........... bituminous substances and mineral wax..... 6.367 67.3 65.7 -24.9 -7.7 -10.7 3.1 -2.4 VI PRODUCTS OF THE CHEMICAL OR ALLIED.......... INDUSTRIES................................ 5.349 94.3 94.0 -2.6 0.3 -1.2 -0.2 -0.3 28 Inorganic chemicals.......................... 0.831 93.6 91.8 -6.5 0.1 -2.7 -1.3 -1.9 29 Organic chemicals............................ 2.032 90.7 90.7 -3.0 0.3 -1.3 0.3 0.0 30 Pharmaceutical products...................... 0.610 104.7 105.2 3.8 1.6 -0.4 1.1 0.5 32 Tanning & dyeing extracts; dye &............. pigments; varnish & paints; putty......... 0.300 92.9 92.2 -1.0 1.3 -0.8 -1.8 -0.8 37 Photographic or cinematographic goods........ 0.368 95.1 95.4 -1.1 0.0 0.0 0.0 0.3 38 Miscellaneous chemical products.............. (9612=100)................................ 0.416 91.7 90.5 -6.2 0.1 0.3 -0.7 -1.3 3/ Other products of the chemical or............ allied industries (9612=100).............. 0.792 94.5 94.8 -1.5 -0.4 -0.8 -0.6 0.3 VII PLASTICS AND ARTICLES THEREOF; RUBBER....... AND ARTICLES THEREOF...................... 2.796 85.8 85.8 -5.1 0.4 -0.5 0.2 0.0 39 Plastics and articles thereof................ 1.760 89.4 89.1 -5.0 0.2 0.1 0.3 -0.3 40 Rubber and articles thereof.................. 1.036 80.3 80.9 -5.0 0.2 -1.4 0.0 0.7 VIII RAW HIDES, SKINS, LEATHER, FURSKINS,........ TRAVEL GOODS, ETC......................... 1.071 102.5 102.5 -0.2 0.1 -0.2 -0.1 0.0 42 Articles of leather; travel goods, bags,..... etc. of various materials................. 0.901 100.7 100.8 0.0 0.1 -0.2 0.0 0.1 IX WOOD, WOOD CHARCOAL, CORK, STRAW, BASKET.... AND WICKER................................ 1.696 102.6 106.6 3.6 0.7 1.9 1.9 3.9 X WOOD PULP, WASTE AND SCRAP PAPER, PAPER..... AND ARTICLES THEREOF...................... 2.412 81.1 81.3 -2.8 -0.1 -1.1 -0.2 0.2 47 Pulp wood or other fibrous cellulosic........ material; waste paper/paperboard.......... 0.344 58.1 58.7 -9.8 -1.9 -0.2 0.0 1.0 48 Paper and paperboard; articles of paper...... pulp, paper or paperboard................. 1.692 86.6 86.6 -1.9 0.2 -1.5 -0.5 0.0 49 Printed matter............................... 0.376 99.4 99.2 0.3 0.5 -0.4 0.4 -0.2 XI TEXTILE AND TEXTILE ARTICLES................ 7.302 100.1 99.9 -1.4 -0.1 -0.4 -0.1 -0.2 61 Articles of apparel and clothing............. accessories, knitted or crocheted......... 2.155 100.0 99.7 -2.2 0.0 -1.2 0.0 -0.3 62 Articles of apparel and clothing............. accessories, not knitted or crocheted..... 3.574 103.8 104.1 0.4 -0.2 0.0 0.0 0.3 63 Made-up or worn textile articles and......... clothing; needlecraft sets; rags.......... 0.352 93.5 93.6 -0.6 0.8 -1.2 0.6 0.1 3/ Other textile & textile...................... articles (9612=100)....................... 1.221 94.9 93.5 -5.4 -0.2 -0.4 -0.4 -1.5 XII FOOTWEAR, HEADGEAR, UMBRELLAS, WHIPS,....... ARTIFICIAL FLOWERS, ETC................... 2.232 101.5 101.5 0.3 -0.2 -0.3 0.4 0.0 64 Footwear, gaiters and the like; parts........ of such articles.......................... 1.917 100.9 101.0 0.1 -0.1 -0.4 0.4 0.1 3/ Other footwear, headgear, umbrellas,......... whips, art. flowers, etc. (9612=100)...... 0.315 103.3 103.0 1.5 -0.2 0.0 0.1 -0.3 XIII STONE, PLASTER, CEMENT, ASBESTOS,CERAMIC.... GLASS ETC................................. 1.214 101.2 101.5 0.7 0.3 -0.2 0.2 0.3 69 Ceramic products............................. 0.458 97.9 98.7 1.0 0.1 -0.4 0.4 0.8 70 Glass and glassware.......................... 0.467 100.4 100.3 -0.3 0.6 -0.1 0.1 -0.1 XIV PEARLS, STONES, PRECIOUS METALS,............ IMITATION JEWELRY, AND COINS.............. 2.374 99.2 100.3 3.4 0.3 -0.1 0.8 1.1 XV BASE METALS AND ARTICLES OF BASE METAL...... 5.608 84.5 84.7 -8.2 -1.1 -1.2 -0.7 0.2 72 Iron and steel............................... 1.697 85.9 85.8 -9.7 -1.1 -0.8 -0.3 -0.1 73 Articles of iron or steel.................... 1.323 93.0 92.9 -3.3 -0.2 -0.6 -0.2 -0.1 74 Copper and articles thereof.................. 0.395 68.2 67.3 -8.3 -1.5 -0.9 -2.4 -1.3 76 Aluminum and articles thereof................ 0.903 80.5 79.9 -11.5 -1.0 -1.1 -0.9 -0.7 83 Miscellaneous articles of base metal......... 0.435 99.7 100.1 -0.7 1.0 -0.7 -0.7 0.4 3/ Miscellaneous nonferrous metals and.......... articles, including scrap (9612=100)...... 0.374 69.5 74.9 -23.9 -6.7 -6.0 -4.3 7.8 XVI MACHINERY, ELECTRICAL EQUIPMENT, TV......... IMAGE & SOUND RECORDERS, PARTS, ETC....... 30.447 84.1 84.2 -3.3 0.0 0.1 0.0 0.1 84 Specialized machinery & computer............. equipment................................. 15.779 84.0 84.0 -4.2 0.1 0.0 0.0 0.0 85 Electrical machinery and equip, sound........ and TV recorders & reproducers, parts..... 14.668 84.1 84.3 -2.3 -0.1 0.2 -0.1 0.2 XVII VEHICLES, AIRCRAFT, VESSELS AND............. ASSOCIATED TRANSPORT EQUIPMENT............ 17.132 102.0 102.2 0.8 0.4 0.1 0.4 0.2 87 Motor vehicles and their parts............... 16.180 101.7 101.9 0.8 0.4 0.1 0.4 0.2 XVII OPTICAL, PHOTO, MEASURING, MEDICAL &........ MUSICAL INSTRUMENTS; & TIMEPIECES......... 3.730 92.1 92.1 -0.9 0.1 -0.2 0.2 0.0 90 Optical, photographic, measuring and......... medical instruments....................... 3.175 91.7 91.7 -1.2 0.0 -0.2 0.2 0.0 91 Clocks and watches and parts thereof......... 0.406 95.0 94.7 0.7 0.2 -0.7 0.8 -0.3 XX MISCELLANEOUS MANUFACTURED ARTICLES......... 3.918 98.1 97.7 -1.7 0.5 -0.1 0.2 -0.4 94 Furniture; stuffed furnishings; lamps........ and lighting fittings nes;................ 1.691 98.8 98.5 -1.6 0.7 -0.1 0.3 -0.3 95 Toys, games and sports equipment; parts...... and accessories thereof................... 1.915 98.0 97.8 -2.1 0.2 0.0 0.1 -0.2 96 Miscellaneous manufactured articles.......... 0.311 95.6 93.4 0.3 2.0 -0.6 0.6 -2.3 1 Relative importance figures are based on n.a. Not available 1995 trade values. 2 Data for November and December 1998 and January 1999 have been revised to reflect the availability of late reports and corrections by respondents. All data are subject to revision in each of the three months after original publication. 3 Product categories included in this group have been modified due to concordance or coverage limitations. NOTE: Published categories may include price data not shown separately Table 6 U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods, February 1998-February 1999 1995=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly Harmo- ance Feb. Oct. Nov. Dec. Jan. nized Description 1998 1998 1998 1998 1999 System January January February to to to to to 1999 1999 1999 Feb. Nov. Dec. Jan. Feb. 1/ 2/ 1999 1998 1998 1999 1999 I LIVE ANIMALS; ANIMAL PRODUCTS............... 1.893 91.1 93.3 5.4 -1.8 -1.4 0.3 2.4 02 Meat & edible meat offal..................... 1.012 85.7 88.6 0.3 -3.4 -1.3 -0.6 3.4 03 Fish and crustaceans, molluscs and........... other aquatic invertebrates............... 0.531 92.2 95.7 24.6 0.1 -1.2 2.1 3.8 3/ Other live animals and animal................ products (9612=100)....................... 0.350 92.5 89.9 -4.0 -0.2 -1.9 0.4 -2.8 II VEGETABLE PRODUCTS.......................... 4.816 86.6 83.5 -12.8 4.5 1.2 0.1 -3.6 07 Edible vegetables and certain roots and...... tubers.................................... 0.362 110.2 92.7 3.7 -1.0 3.8 7.9 -15.9 08 Edible fruit and nuts; peel of citrus........ fruit or melons........................... 0.769 100.9 101.1 11.8 -1.6 -0.9 1.9 0.2 10 Cereals...................................... 2.214 77.4 76.0 -16.0 7.1 1.2 0.8 -1.8 12 Oilseeds and misc. grains, seeds,............ fruits, plants, straw and fodder.......... 1.234 94.9 89.5 -21.8 6.1 2.4 -3.4 -5.7 III ANIMAL OR VEGETABLE FATS AND OILS........... 0.518 98.7 90.9 -11.7 0.3 -3.0 -2.2 -7.9 IV PREPARED FOODSTUFFS, BEVERAGES, AND......... TOBACCO................................... 3.507 98.6 98.0 -1.6 0.6 1.4 -0.3 -0.6 20 Preparations of vegetables, fruit,........... nuts, or other parts of plants............ 0.368 99.3 97.2 6.0 0.3 5.8 -2.6 -2.1 21 Miscellaneous edible preparations............ 0.381 107.0 107.0 1.0 -0.5 0.2 0.0 0.0 22 Beverages, spirits, and vinegar.............. 0.342 99.2 98.9 -0.7 -0.2 1.4 -1.1 -0.3 23 Residues and waste from the food............. industries; prepared animal feed.......... 0.598 88.7 86.7 -13.0 2.0 4.5 -1.4 -2.3 24 Tobacco and manufactured tobacco............. substitutes............................... 1.301 101.2 101.4 1.4 0.7 0.0 0.7 0.2 3/ Other prepared foods......................... 0.517 100.1 100.0 -1.9 0.3 -0.2 -0.1 -0.1 V MINERAL PRODUCTS............................ 2.409 91.2 91.8 -12.6 0.1 -0.6 -0.8 0.7 26 Ores, slag and ash (9812=100)................ 0.235 97.6 105.2 n.a. n.a. n.a. -2.4 7.8 27 Mineral fuels, oils and residuals,........... bituminous substances and mineral wax..... 1.915 93.9 93.8 -14.3 0.0 -0.9 -0.4 -0.1 VI PRODUCTS OF THE CHEMICAL OR ALLIED.......... INDUSTRIES................................ 8.719 92.0 92.1 -2.6 0.2 0.0 -0.4 0.1 28 Inorganic chemicals.......................... 0.968 102.2 101.7 -1.1 1.3 -0.1 0.1 -0.5 29 Organic chemicals............................ 2.597 76.6 76.6 -9.1 -0.1 0.3 -1.0 0.0 30 Pharmaceutical products...................... 0.937 103.0 103.0 -0.2 0.0 0.1 -0.2 0.0 31 Fertilizers (9612=100)....................... 0.649 95.7 95.1 4.6 -0.8 -1.1 -0.2 -0.6 32 Tanning or dyeing extracts; dyes and......... pigments; paints & varnish; putty;ink..... 0.519 101.1 101.5 -0.2 0.2 -0.2 0.6 0.4 33 Essential oils and resinoids;................ perfumery, cosmetic or toilet............. 0.551 103.4 103.4 0.0 -0.3 0.0 -0.3 0.0 34 Soap; lubricants; waxes, polishing or........ scouring products; candles, pastes........ 0.328 103.8 104.3 1.2 -1.3 0.0 0.1 0.5 37 Photographic or cinematographic goods........ 0.413 88.4 89.5 3.6 2.7 -0.3 2.0 1.2 38 Miscellaneous chemical products.............. 1.528 99.3 99.6 -1.0 0.9 0.0 -1.0 0.3 VII PLASTICS AND ARTICLES THEREOF; RUBBER....... AND ARTICLES THEREOF...................... 4.197 90.4 90.4 -5.9 0.1 -0.2 -0.3 0.0 39 Plastics and articles thereof................ 3.255 88.0 87.8 -8.2 -0.2 -0.2 -0.5 -0.2 40 Rubber and articles thereof.................. 0.942 100.1 101.0 2.9 1.8 -0.3 0.3 0.9 VIII RAW HIDES, SKINS, LEATHER, FURSKINS,........ TRAVEL GOODS, ETC......................... 0.511 84.4 83.1 -3.7 -1.2 4.1 -2.0 -1.5 41 Raw hides and skins (other than.............. furskins) and leather..................... 0.355 78.8 77.1 -5.3 -1.8 5.7 -2.7 -2.2 IX WOOD, WOOD CHARCOAL, CORK, STRAW,........... BASKET AND WICKER......................... 1.214 84.8 85.3 -2.1 -0.6 0.2 0.0 0.6 X WOOD PULP, WASTE AND SCRAP PAPER, PAPER..... AND ARTICLES THEREOF...................... 2.973 75.5 76.1 -3.4 0.0 -0.4 0.1 0.8 47 Pulp wood or other fibrous cellulosic........ material; waste paper/paperboard.......... 0.660 57.1 58.5 -5.8 -1.9 0.0 2.7 2.5 48 Paper and paperboard; articles of paper...... pulp, paper or paperboard................. 1.467 80.7 81.2 -5.3 1.2 -1.0 -1.3 0.6 49 Printed material............................. 0.847 109.8 109.8 2.3 -0.2 0.0 0.7 0.0 XI TEXTILE AND TEXTILE ARTICLES................ 3.174 88.3 88.1 -4.9 -0.7 -0.6 -0.3 -0.2 52 Cotton, including yarns and woven............ fabrics thereof........................... 0.644 72.3 72.8 -6.2 -3.3 -1.0 0.0 0.7 55 Manmade staple fibers, includ. yarns......... and woven fabrics (9812=100).............. 0.271 99.9 98.4 n.a. n.a. n.a. -0.1 -1.5 61 Apparel and clothing access.,................ knitted or crocheted (9812=100)........... 0.479 100.1 101.1 n.a. n.a. n.a. 0.1 1.0 62 Apparel and clothing access.,................ not knitted or crocheted (9812=100)....... 0.665 98.9 98.9 n.a. n.a. n.a. -1.1 0.0 XIII STONE, PLASTER, CEMENT, ASBESTOS,........... CERAMIC, GLASS ETC........................ 0.883 103.5 103.4 -0.6 0.1 -0.3 0.0 -0.1 70 Glass and glassware.......................... 0.511 102.5 102.5 0.6 -0.1 0.0 -0.3 0.0 XIV PEARLS, STONES, PRECIOUS METALS,............ IMITATION JEWELRY, AND COINS.............. 1.888 93.9 95.2 0.0 1.3 -0.1 0.9 1.4 XV BASE METALS AND ARTICLES OF BASE METALS..... 4.468 89.7 89.4 -5.4 -0.1 -0.7 0.2 -0.3 72 Iron and steel............................... 0.847 78.7 77.2 -14.2 0.1 -0.9 0.1 -1.9 73 Articles of iron or steel.................... 1.322 109.5 109.7 0.5 -0.2 0.0 -0.1 0.2 74 Copper and articles thereof.................. 0.337 62.2 62.0 -11.9 -0.2 -2.0 -4.5 -0.3 76 Aluminum and articles thereof................ 0.819 79.7 79.9 -10.1 -0.9 -0.9 -0.4 0.3 82 Tools, implements, cutlery, spoons and....... forks, of base metal; parts thereof....... 0.437 105.8 105.6 1.6 0.0 0.4 3.0 -0.2 83 Miscellaneous articles of base metal......... 0.391 101.6 102.1 1.8 0.0 0.0 0.8 0.5 XVI MACHINERY, ELECTRICAL EQUIPMENT, TV......... IMAGE AND SOUND RECORDERS, PARTS, ETC..... 36.857 93.2 93.3 -2.5 -0.1 -0.1 -0.1 0.1 84 Specialized machinery & computer............. equipment................................. 20.689 95.0 95.1 -1.6 0.1 0.0 0.3 0.1 85 Electrical machinery and equip, sound........ & tv recorders & reproducers, parts....... 16.168 91.1 91.2 -3.6 -0.5 -0.1 -0.5 0.1 XVII VEHICLES, AIRCRAFT, VESSELS AND............. ASSOCIATED TRANSPORT EQUIPMENT............ 14.299 105.7 105.8 0.8 0.1 0.1 0.1 0.1 87 Motor vehicles and their parts............... 9.847 102.3 102.4 0.4 0.0 -0.2 0.1 0.1 XVII OPTICAL, PHOTO, MEASURING, MEDICAL &........ MUSICAL INSTRUMENTS; & TIMEPIECES......... 5.611 102.9 102.8 0.5 0.0 0.1 0.6 -0.1 XX MISCELLANEOUS MANUFACTURED ARTICLES......... 1.835 102.2 102.2 -0.4 -0.2 0.0 0.0 0.0 94 Furniture; stuffed furnishings;.............. lamps and lighting fittings nesoi;........ 0.904 104.0 104.1 -0.4 0.0 0.0 -0.2 0.1 95 Toys, games and sports equipment; parts...... and accessories thereof................... 0.754 100.5 100.6 -0.1 -0.4 0.0 0.0 0.1 1 Relative importance figures are based on n.a. Not available 1995 trade values. 2 Data for November and December 1998 and January 1999 have been revised to reflect the availability of late reports and corrections by respondents. All data are subject to revision in each of the three months after original publication. 3 Product categories included in this group have been modified due to concordance or coverage limitations. NOTE: Published categories may include price data not shown separately Table 7 U.S. Import Price Indexes and Percent Changes by Locality of Origin, February 1998-February 1999 1995=100, unless otherwise noted Index Percent Change Percentage of Annual Monthly US Imports Feb. Oct. Nov. Dec. Jan. Description 1/ 1998 1998 1998 1998 1999 1995 Jan. Feb. to to to to to 1999 1999 Feb. Nov. Dec. Jan. Feb. 2/ 1999 1998 1998 1999 1999 3/ Developed Countries.......................... 55.6 95.1 94.9 -0.6 0.5 -0.4 0.4 -0.2 Manufactured Goods......................... 52.2 95.9 96.0 0.1 0.7 -0.3 0.4 0.1 Nonmanufactured Goods...................... 3.1 86.2 81.0 -11.9 -2.4 -3.0 1.2 -6.0 3/ Developing Countries......................... 42.7 89.2 89.2 -7.3 -1.2 -1.7 0.2 0.0 Manufactured Goods......................... 35.4 91.8 91.6 -4.9 -0.1 -0.3 -0.3 -0.2 Nonmanufactured Goods...................... 7.1 71.9 72.9 -19.4 -7.6 -9.3 4.2 1.4 Canada....................................... 18.9 95.0 94.4 -2.3 -0.3 -0.7 -0.1 -0.6 Manufactured Goods......................... 16.5 96.1 96.2 -1.2 0.1 -0.8 -0.2 0.1 Nonmanufactured Goods...................... 2.2 91.2 84.7 -9.9 -2.9 -1.1 1.4 -7.1 4/ European Union............................... 17.0 100.6 100.4 0.1 0.5 -0.7 0.1 -0.2 Manufactured Goods......................... 16.4 101.7 101.5 0.9 0.6 -0.5 0.2 -0.2 Nonmanufactured Goods...................... 0.5 73.0 72.0 -23.0 -2.3 -8.6 -1.4 -1.4 5/ Latin America (9712=100).................... 14.1 90.4 90.4 -6.6 -1.7 -2.0 0.1 0.0 Manufactured Goods (9712=100)............. 10.4 95.0 94.9 -3.5 0.0 -0.5 -1.2 -0.1 Nonmanufactured Goods (9712=100)........... 3.5 77.1 77.4 -16.1 -7.3 -7.3 5.3 0.4 Japan........................................ 16.6 88.5 88.9 -0.9 1.3 0.2 0.2 0.5 6/ Asian Newly Industrialized Countries......... 10.9 84.0 84.0 -7.2 -0.2 -0.4 -0.4 0.0 1 Regions are not mutually exclusive. 2 Data for November and December 1998 and January 1999 have been revised to reflect the availability of late reports and corrections by respondents. 3 Defined according to the Standard Census Definition. 4 Includes EU 15 countries. 5 Includes Mexico, Central America, South America, and the Caribbean. 6 Includes Hong Kong, Singapore, South Korea, and Taiwan. Table 8 U.S. Import and Export Price Indexes and Percent Changes for Selected Categories of Services. December 1997-December 1998 1995 = 100, unless otherwise noted Index Percent Change Annual Quarterly Trade Dec. Dec. March June Sept. Description (Mil. 1997 1997 1998 1998 1998 of Sept. Dec. to to to to to Dollars) 1998 1998 Dec. March June Sept. Dec. 1998 1998 1998 1998 1998 IMPORT Air Freight 3188 80.3 86.7 0.1 -7.0 1.2 -1.5 8.0 Atlantic 1278 87.4 91.7 1.7 -4.9 2.3 -0.5 4.9 Pacific 1674 74.9 83.8 -1.1 -9.9 0.5 -2.3 11.9 Air Passenger Fares 11127 112.8 105.1 0.8 -1.0 9.0 0.2 -6.8 1/ Atlantic 4922 119.2 98.1 -2.3 -1.5 18.6 1.6 -17.7 1/ Pacific 2340 99.0 104.7 -1.4 -7.4 7.7 -6.5 5.8 1/ Latin American / Caribbean 3021 109.3 109.0 3.6 1.6 -0.6 2.8 -0.3 1/ Crude Oil Tanker Freight 1346 78.4 n.a. n.a. -0.1 -14.6 -3.9 n.a. Ocean Liner Freight 9868 101.2 100.6 7.6 -0.1 7.9 0.4 -0.6 U.S. East Coast 4271 100.3 99.0 2.4 -0.2 2.8 1.1 -1.3 from Atlantic 1952 97.4 97.4 0.7 0.5 -0.5 0.7 0.0 from Pacific 1774 103.1 103.3 9.0 0.0 6.8 1.9 0.2 1/ U.S. West Coast 5596 101.3 101.2 11.7 -0.1 12.2 -0.2 -0.1 EXPORT Air Freight (9612 = 100) 2562 95.6 96.7 3.6 1.7 -0.4 1.2 1.2 Air Passenger Fares 17272 95.4 98.0 6.4 2.4 0.8 0.3 2.7 1/ Atlantic 4120 115.2 109.0 7.5 0.3 8.8 4.1 -5.4 1/ Pacific 10700 76.4 82.0 5.0 1.9 -2.4 -1.7 7.3 Latin American / Caribbean 1392 113.2 113.1 6.2 0.8 1.6 3.9 -0.1 Canadian 1006 154.9 166.0 12.9 13.0 -3.6 -3.3 7.2 1 Detailed data available upon request. n.a. Not available. Table 9 U.S. International Price Indexes and Percent Changes for Selected Categories of Services. December 1997-December 1998 1995 = 100 Index Percent Change Annual Quarterly Trade Dec. Dec. March June Sept. Description (Mil. 1997 1997 1998 1998 1998 of Sept. Dec. to to to to to Dollars) 1998 1998 Dec. March June Sept. Dec. 1998 1998 1998 1998 1998 Air Freight (Inbound) 5495 81.8 87.4 1.0 -4.2 0.6 -1.9 6.8 Atlantic 1880 88.0 91.6 2.2 -4.7 3.5 -0.5 4.1 Pacific 3151 77.9 85.5 0.7 -4.2 -1.2 -3.0 9.8 Air Freight (Outbound) 5835 95.8 95.2 -2.6 -0.5 -1.2 -0.2 -0.6 Atlantic 2080 103.3 104.1 3.0 -0.1 1.2 1.1 0.8 Pacific 3222 91.4 89.7 -6.9 -0.8 -3.2 -1.1 -1.9 Air Passenger Fares (U.S. Carrier) 30673 107.3 103.1 3.6 -0.2 8.6 -0.5 -3.9 1/ Atlantic 8811 120.4 98.0 0.2 -3.7 24.0 3.1 -18.6 1/ Pacific 15900 89.5 93.4 3.5 -0.3 4.1 -4.4 4.4 1/ Latin American / Caribbean 4542 117.2 116.7 6.9 1.5 0.7 5.0 -0.4 Canadian 1367 162.6 171.9 11.6 12.7 -3.3 -3.2 5.7 Air Passenger Fares (Foreign Carrier) 31694 104.0 101.1 1.4 -2.1 4.9 1.6 -2.8 1/ Atlantic 13572 117.9 102.9 2.4 -1.7 13.3 5.4 -12.7 1/ Pacific 12570 79.7 87.9 -1.5 -5.0 -2.2 -3.7 10.3 1/ Latin American / Caribbean 4224 107.7 107.9 3.0 0.5 -0.2 2.5 0.2 1/ Crude Oil Tanker Freight (Inbound) 1949 82.9 n.a. n.a. 0.3 -15.6 -5.1 n.a. Ocean Liner Freight (Inbound) 12253 105.0 104.2 12.2 0.1 11.0 1.7 -0.8 U.S. East Coast 5410 98.4 96.7 1.0 -0.3 2.2 0.9 -1.7 from Atlantic 2647 95.4 95.4 0.6 0.4 -0.4 0.6 0.0 from Pacific 1874 100.6 100.7 8.2 0.0 6.1 1.8 0.1 1/ U.S. West Coast 6844 109.7 109.6 21.5 0.4 18.4 2.2 -0.1 1 Detailed data available upon request. n.a. Not available. TECHNICAL NOTE Import and Export Merchandise and Services Price Indexes -- All indexes use a modified Laspeyres formula and are weighted with 1995 trade weights. The merchandise price indexes are published using three classifications: the Harmonized System (HS), the Bureau of Economic Analysis End Use System, and the Standard International Trade Classification (SITC) system, Rev. 3. Price indexes for internationally traded services are presented using two definitions: Balance of Payments (which represents transactions between U.S. and foreign residents) and International (which represents all transactions with U.S. importers or exporters, regardless of nationality). Published series use a base year of 1995=100 where possible. Net transaction price data are collected every month for over 20,000 products from over 6,000 companies and secondary sources. Indexes are not seasonally adjusted. More detailed index series and additional information may be obtained from the Division of International Prices, Bureau of Labor Statistics, 2 Massachusetts Avenue N.E., PSB 3955, Washington, DC 20212 or (202) 606-7155. Import Price Indexes -- Products have been classified by the 1995 Harmonized Tariff Schedule of the United States Annotated (TSUSA). Import prices are based on U.S. dollar prices paid by the U.S. importer. The prices are generally either "free on board" (f.o.b.) foreign port or "cost, insurance, and freight" (c.i.f.) U.S. port transaction prices, depending on the practices of the individual industry. The index for crude petroleum is calculated from data collected by the U.S. Department of Energy. Export Price Indexes -- Products have been classified by the 1995 Harmonized Schedule B classification system of the U.S. Bureau of the Census. The prices used are generally either "free alongside ship" (f.a.s.) factory or "free on board" (f.o.b.) transaction prices, depending on the practices of the individual industry. Prices used in the grain index, excluding rice, are obtained from the U.S. Department of Agriculture. Import Indexes by Locality of Origin -- Prices used in these indexes are a subset of the data collected for the Import Price Indexes. Prior to January 1993, nonmanufactured goods were defined as SITC 0-4 and manufactured goods were defined as SITC 5-8. Beginning with January 1993, the indexes are defined by locality of origin using a nomenclature based upon the Standard Industrial Classification (SIC-based). Nonmanufactured goods are defined as SIC 0-1, and manufactured goods are defined as SIC 2-3. The indexes use 1995 weights and a base of 1995=100. Import, Export, and International Services Indexes -- Indexes are calculated on a quarterly basis. The figures for services indexes will not sum up to the aggregate dollar value because not all categories are shown in the tables. Revenue figures for air passenger indexes exclude frequent flyer tickets and those sold by consolidators. Indexes for crude oil tanker freight are calculated from data collected by the U. S. Department of Energy and the publication of these indexes is lagged one quarter. Revision policy -- Data are revised for the previous three months to reflect the availability of late reports and corrections by respondents. Uses of the Data -- The primary use of the indexes is to deflate trade statistics. For merchandise trade, the End Use classification system is the structure used by the U.S. Department of Commerce in the construction of the foreign trade sector of the National Income and Product Accounts. Indexes published using the Harmonized System and the Standard International Trade Classification, Rev. 3, both international structures, are useful for general market analysis. For trade in international services, Balance of Payments indexes are used for deflating National Accounts data, while International indexes are more appropriate for market analysis. Merchandise and services indexes also can be used to study U.S. competitiveness and price elasticities, and the merchandise import indexes by country or region of origin are useful for terms of trade analysis. The import and export news release contains monthly price indexes at the two-digit level of detail. 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