Technical Information: Jim Thomas (202) 606-7155 USDL-99-162 Bill Alterman (202) 606-7108 Transmission of This Media contact Material is Embargoed Kathryn Hoyle (202) 606-5902 Until: 10:00 A.M. E.D.T. Internet Address:http://stats.bls.gov/ipphome.htm Thursday, June 10, 1999 U.S. IMPORT AND EXPORT PRICE INDEXES -MAY 1999- The U.S. Import Price Index rose 0.7 percent in May, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. The increase, the third in a row, again was primarily attributable to increasing petroleum prices. The price index for U.S. exports was unchanged in May, after increasing 0.3 percent in April. 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 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 -1.0 -13.3 -0.2 -0.1 0.7 -0.2 1999 January 0.4 4.2 0.1 0.0 0.0 0.0 February -0.1 -0.5 0.0 -0.2 -2.4 0.1 March 0.1 11.8 r -0.5 -0.4 r -3.0 -0.2 r April 1.0 r 19.4 r -0.2 r 0.3 r 0.5 r 0.2 r May 0.7 8.0 0.1 0.0 0.1 0.1 May 1997-98 -5.2 -27.2 -3.2 -2.8 -10.0 -2.1 May 1998-99 -1.0 14.7 -2.0 -2.2 -8.7 -1.3 r = revised to reflect late reports and corrections by respondents. Import Goods The recent increases in import prices paralleled the 44.2 percent jump in petroleum prices since February. Overall, however, import prices were down 1.0 percent during the past 12 months. Nonpetroleum import prices edged up 0.1 percent in May, the first increase in this component since January, but fell 2.0 percent over the past 12 months. The slight increase in nonpetroleum import prices in May was led by rises for industrial supplies and materials excluding petroleum, up 0.9 percent, and foods, feeds, and beverages, up 0.7 percent. Both indexes still were down over the past 12 months, falling 3.7 percent and 2.3 percent, respectively. Each of the major finished goods indexes posted little change in May. Prices for automotive vehicles, parts, and engines edged up 0.1 percent in May and 0.5 percent for the year. The price indexes for capital goods and consumer goods excluding automotives each dipped 0.1 percent in May. Both indexes have declined for three consecutive months and were down over the year, 3.6 percent for capital goods and 0.6 percent for consumer goods. Export Goods Prices for both agricultural and nonagricultural exports edged up 0.1 percent in May after posting slightly larger increases in the previous month. Over the past 12 months, however, both indexes decreased, 8.7 percent and 1.3 percent, respectively. For the May 1998- 99 period, overall export prices fell 2.2 percent. The price index for nonagricultural industrial supplies and materials increased 0.5 percent for the second consecutive month. Petroleum products, chemicals, and metals led the increase in May. Despite the recent upturn, nonagricultural industrial supplies and materials fell 3.6 percent over the past 12 months. The price index for automotive vehicles, parts, and engines also was up last month, increasing 0.2 percent in May and 0.8 percent for the year. In contrast, the price indexes for capital goods and consumer goods excluding automotives each decreased in May after both edged up 0.1 percent in April. Capital goods prices, led by falling computer prices, decreased 0.3 percent in May and 1.5 percent over the May 1998- 99 period. The price index for consumer goods dipped 0.1 percent last month and fell 0.5 percent for the year. Imports by Locality of Origin The price index for imports from Japan increased 0.2 percent in May after declining in the previous two months. For the May 1998-99 period, the index decreased 0.6 percent. The price indexes for imports from Canada and Latin America increased for the third consecutive month, rising 1.4 percent and 1.8 percent, respectively. Prices of imports from Canada still were down 0.5 percent for the year ended in May, while import prices from Latin America rose 1.2 percent over the past 12 months. Prices of imports from the European Union also rose in May, edging up 0.1 percent last month after the same increase in April. Over the past 12 months, the index rose 0.3 percent. In contrast, the price index for the Asian Newly Industrialized Countries continued to move lower, falling 0.2 percent for the second consecutive month. The index fell 5.8 percent for the year ended in May 1999 and 8.1 percent for the May 1997-98 period. Over the past two years, this price index has not posted a monthly increase. 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 June are scheduled for release on July 13 at 10:00 A.M. (E.D.T). Table 1 U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods, May 1998-May 1999 1995=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance May Jan. Feb. March April END Description 1998 1999 1999 1999 1999 USE April April May to to to to to 1999 1999 1999 May Feb. March April May 1/ 2/ 1999 1999 1999 1999 1999 ALL COMMODITIES.............................. 100.000 91.7 92.3 -1.0 -0.1 0.1 1.0 0.7 ALL IMPORTS EXCLUDING PETROLEUM.............. 92.982 92.1 92.2 -2.0 0.0 -0.5 -0.2 0.1 0 FOODS, FEEDS, & BEVERAGES................... 4.778 93.5 94.2 -2.3 -2.7 -0.3 0.5 0.7 00 Agricultural foods, feeds & beverages, excluding distilled beverages.......... 3.296 88.6 89.5 -3.5 -4.4 -0.6 -0.1 1.0 01 Nonagricultural foods (fish, distilled beverages)............................. 1.482 106.5 106.5 0.7 1.2 0.6 2.0 0.0 1 INDUSTRIAL SUPPLIES & MATERIALS............. 25.253 88.3 90.8 1.0 -0.1 2.3 4.6 2.8 INDUSTRIAL SUPPLIES & MATERIALS EXCLUDING PETROLEUM................. 18.236 90.1 90.9 -3.7 0.0 -0.3 -0.2 0.9 INDUSTRIAL SUPPLIES & MATERIALS, DURABLE............................. 9.729 91.9 92.5 -3.3 0.7 0.1 -0.2 0.7 INDUSTRIAL SUPPLIES & MATERIALS, NONDURABLE EXCLUDING PETROLEUM...... 8.507 88.0 89.0 -4.1 -0.9 -0.8 -0.3 1.1 10 Fuels & lubricants......................... 8.111 84.7 91.6 12.1 -1.3 8.3 16.3 8.1 100 Petroleum & petroleum products............ 7.017 82.4 89.0 14.7 -0.5 11.8 19.4 8.0 10000 Crude................................... 5.668 83.8 89.9 21.2 -0.2 15.8 21.4 7.3 11 Paper & paper base stocks.................. 1.794 77.3 77.4 -4.3 0.4 -0.5 -1.2 0.1 12 Materials associated with nondurable supplies & materials................... 5.835 87.3 87.4 -4.3 -0.2 0.2 -0.2 0.1 13 Selected building materials................ 2.255 108.3 110.4 7.7 3.3 0.3 0.4 1.9 14 Unfinished metals associated with durable goods.......................... 4.346 86.8 87.2 -8.6 0.0 0.3 -0.1 0.5 15 Finished metals associated with durable goods.................................. 1.467 91.9 91.8 -1.3 -0.1 -0.4 0.1 -0.1 16 Nonmetals associated with durable goods.... 1.445 87.3 87.0 -4.7 -0.2 -0.5 -1.0 -0.3 2 CAPITAL GOODS............................... 27.820 83.2 83.1 -3.6 0.0 -0.8 -0.7 -0.1 20 Electric & electrical generating equipment.............................. 3.402 92.5 92.4 -2.4 0.1 -0.9 -0.3 -0.1 21 Nonelectrical machinery.................... 22.599 80.1 79.9 -4.2 0.0 -1.0 -0.7 -0.2 3 AUTOMOTIVE VEHICLES, PARTS & ENGINES........ 19.007 101.5 101.6 0.5 0.1 -0.1 0.1 0.1 4 CONSUMER GOODS, EXCLUDING AUTOMOTIVES............................ 23.141 97.8 97.7 -0.6 0.3 -0.4 -0.2 -0.1 40 Nondurables, manufactured.................. 11.596 100.9 100.7 0.0 0.1 -0.2 0.0 -0.2 41 Durables, manufactured..................... 10.399 94.5 94.5 -1.4 0.0 -0.4 -0.3 0.0 42 Nonmanufactured consumer goods............. 1.146 98.9 98.8 -0.5 3.3 -1.9 -0.1 -0.1 1 Relative importance figures are based on n.a. Not available 1995 trade values. 2 Data for February, March and April 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, May 1998-May 1999 1995=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance May Jan. Feb. March April END Description 1998 1999 1999 1999 1999 USE April April May to to to to to 1999 1999 1999 May Feb. March April May 1/ 2/ 1999 1999 1999 1999 1999 ALL COMMODITIES.............................. 100.000 94.5 94.5 -2.2 -0.2 -0.4 0.3 0.0 AGRICULTURAL COMMODITIES..................... 9.345 84.9 85.0 -8.7 -2.4 -3.0 0.5 0.1 NONAGRICULTURAL COMMODITIES.................. 90.656 95.5 95.6 -1.3 0.1 -0.2 0.2 0.1 0 FOODS, FEEDS, & BEVERAGES................... 8.650 88.2 88.8 -5.3 -2.3 -2.3 1.0 0.7 00 Agricultural foods, feeds & beverages, excluding distilled beverages.......... 7.750 86.4 86.5 -8.7 -2.6 -3.2 0.6 0.1 01 Nonagricultural foods (fish, distilled beverages)............................. 0.900 108.7 115.0 34.3 1.2 4.9 5.0 5.8 1 INDUSTRIAL SUPPLIES & MATERIALS............. 24.263 86.9 87.3 -4.0 0.0 -0.2 0.3 0.5 INDUSTRIAL SUPPLIES & MATERIALS, DURABLE............................. 9.421 87.5 87.7 -4.7 0.0 -0.2 -0.5 0.2 INDUSTRIAL SUPPLIES & MATERIALS, NONDURABLE.......................... 14.844 86.5 87.1 -3.4 0.0 -0.3 0.9 0.7 10 Agricultural industrial supplies & materials.............................. 1.595 79.6 80.0 -8.6 -0.6 -2.4 -0.4 0.5 NONAGRICULTURAL INDUSTRIAL SUPPLIES & MATERIALS............................ 22.668 87.5 87.9 -3.6 0.0 -0.1 0.5 0.5 11 Fuels & lubricants......................... 2.285 99.0 100.3 -1.9 -0.1 0.1 6.7 1.3 12 Nonagricultural supplies & materials excluding fuels & building materials... 18.866 85.3 85.7 -4.1 0.0 -0.2 -0.2 0.5 13 Selected building materials................ 1.517 87.5 87.6 1.2 0.6 0.6 0.2 0.1 2 CAPITAL GOODS............................... 44.653 97.0 96.7 -1.5 0.0 -0.2 0.1 -0.3 20 Electric & electrical generating Equipment.............................. 4.490 99.1 98.8 -2.0 0.0 0.0 0.0 -0.3 21 Nonelectrical machinery.................... 34.399 93.5 93.2 -2.1 0.0 -0.2 0.1 -0.3 3 AUTOMOTIVE VEHICLES, PARTS & ENGINES........ 10.158 102.9 103.1 0.8 0.2 -0.1 -0.1 0.2 4 CONSUMER GOODS, EXCLUDING AUTOMOTIVES............................ 12.277 101.9 101.8 -0.5 0.0 -0.1 0.1 -0.1 40 Nondurables, manufactured.................. 6.501 102.0 102.0 -0.2 0.2 -0.2 -0.1 0.0 41 Durables, manufactured..................... 5.189 100.5 100.4 -0.9 -0.3 0.0 0.2 -0.1 1 Relative importance figures are based on n.a. Not available 1995 trade values. 2 Data for February, March and April 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, May 1998-May 1999 1995=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance May Jan. Feb. March April SITC Description 1998 1999 1999 1999 1999 Rev. 3 April April May to to to to to 1999 1999 1999 May Feb. March April May 1/ 2/ 1999 1999 1999 1999 1999 ALL COMMODITIES.............................. 100.000 91.7 92.3 -1.0 -0.1 0.1 1.0 0.7 0 FOOD AND LIVE ANIMALS....................... 4.060 94.0 94.0 -3.6 -3.2 0.0 0.9 0.0 01 Meat and meat preparations................. 0.345 94.5 93.7 -7.5 0.3 2.0 0.5 -0.8 03 Fish, crustaceans, aquatic invertebrates and preparations thereof................ 1.111 106.0 106.0 -1.1 1.8 0.6 2.6 0.0 05 Vegetables, fruit and nuts, fresh or dried.......................... 1.151 102.9 104.6 5.7 -9.5 -0.4 1.2 1.7 07 Coffee, tea, cocoa, spices and manufactures thereof.................... 0.517 69.5 68.5 -20.4 -5.1 -1.8 -2.1 -1.4 3/ Other food and live animals (9612=100)....... 0.936 93.6 93.0 -4.2 -0.6 0.4 0.0 -0.6 1 BEVERAGES AND TOBACCO....................... 0.920 110.6 110.4 1.0 -0.4 0.4 0.2 -0.2 11 Beverages.................................. 0.775 107.2 107.2 1.2 0.0 0.2 0.3 0.0 2 CRUDE MATERIALS, INEDIBLE, EXCEPT FUELS..... 2.827 86.0 88.4 -1.0 3.7 -1.3 -0.3 2.8 24 Cork and wood.............................. 1.101 113.5 118.2 10.9 4.7 -0.4 0.3 4.1 25 Pulp and waste paper....................... 0.338 57.3 57.9 -7.9 1.2 -0.5 -0.5 1.0 28 Metalliferous ores and metal scrap......... 0.582 89.5 90.6 -10.1 -0.6 -0.6 -0.4 1.2 29 Crude animal and vegetable materials, n.e.s. (9612=100)....................... 0.298 108.6 107.7 -7.2 16.7 -9.4 -0.7 -0.8 3/ Other crude materials, inedible, except fuels (9612=100).......................... 0.332 86.9 92.1 0.1 0.5 3.0 -0.2 6.0 3 MINERAL FUELS, LUBRICANTS AND RELATED MATERIALS................................ 7.789 84.2 91.1 12.6 -1.3 8.3 16.8 8.2 33 Petroleum, petroleum products and related materials....................... 6.694 82.6 89.0 15.7 -0.6 12.4 19.9 7.7 34 Gas, natural and manufactured.............. 0.971 98.8 110.6 -3.2 -5.5 -9.2 1.4 11.9 5 CHEMICALS AND RELATED PRODUCTS, N.E.S....... 5.584 90.6 90.7 -3.1 -0.3 -0.3 -0.2 0.1 51 Organic chemicals.......................... 1.594 90.5 91.3 -0.8 -0.1 -0.4 0.2 0.9 52 Inorganic chemicals........................ 0.631 86.9 86.8 -10.7 -1.6 -0.1 -1.9 -0.1 53 Dyeing, tanning and coloring materials..... 0.293 92.6 91.5 -3.5 -0.7 0.3 -1.8 -1.2 54 Medicinal and pharmaceutical products...... 0.964 96.1 95.6 0.2 0.4 -0.7 -0.6 -0.5 55 Essential oils; polishing and cleansing preps................................... 0.326 93.1 92.6 -2.1 -0.3 -0.8 -0.4 -0.5 57 Plastics in primary forms.................. 0.395 93.2 94.4 0.3 0.4 0.1 1.0 1.3 58 Plastics in nonprimary forms............... 0.490 72.7 73.3 -8.4 -0.7 0.1 -0.5 0.8 59 Chemical materials and products, n.e.s..... 0.665 98.5 98.0 -3.7 -0.7 -0.2 0.6 -0.5 6 MANUFACTURED GOODS CLASSIFIED CHIEFLY BY MATERIAL.............................. 12.692 91.7 91.6 -3.3 0.2 0.0 -0.1 -0.1 62 Rubber manufactures, n.e.s................. 0.753 94.2 94.0 -0.7 0.1 -0.2 -0.3 -0.2 63 Cork and wood manufactures other than furniture............................... 0.607 101.3 100.2 8.9 2.3 1.6 0.8 -1.1 64 Paper, paperboard, and articles of paper pulp, paper or paper board........ 1.638 84.9 84.9 -3.1 0.1 -0.2 -0.7 0.0 65 Textile yarn, fabrics, made-up articles, n.e.s., and related prod...... 1.437 95.5 95.0 -2.4 -1.0 0.4 -0.1 -0.5 66 Nonmetallic mineral manufactures, n.e.s................................... 2.242 101.0 100.8 0.1 0.2 0.4 -0.3 -0.2 67 Iron and steel............................. 1.917 85.1 85.5 -9.1 -0.5 -1.3 0.0 0.5 68 Nonferrous metals.......................... 1.884 85.7 85.6 -9.1 1.8 1.8 -0.2 -0.1 69 Manufactures of metals, n.e.s.............. 2.045 96.0 96.3 0.0 -0.3 -0.8 0.0 0.3 7 MACHINERY AND TRANSPORT EQUIPMENT........... 47.484 90.6 90.5 -1.8 0.1 -0.4 -0.3 -0.1 71 Power generating machinery and equipment (9612=100).................... 3.149 98.5 98.5 0.6 0.6 0.2 -0.1 0.0 72 Machinery specialized for particular industries.............................. 2.827 98.0 97.8 0.2 0.3 -0.5 -0.3 -0.2 73 Metalworking machinery..................... 0.856 95.9 95.5 -1.4 -0.2 -1.2 -0.2 -0.4 74 General industrial machinery, equipment, & machine parts, n.e.s....... 3.647 98.0 97.8 1.5 0.5 -0.7 -0.4 -0.2 75 Computer equipment and office machines..... 6.085 63.5 63.4 -10.6 -1.1 -2.3 -1.4 -0.2 76 Telecommunications & sound recording & reproducing apparatus & equipment..... 4.592 87.9 87.8 -3.1 0.2 -0.1 -0.6 -0.1 77 Electrical machinery and equipment......... 9.551 83.5 83.4 -2.3 0.5 -0.4 -0.4 -0.1 78 Road vehicles.............................. 15.665 102.0 102.1 0.9 0.1 -0.1 0.1 0.1 8 MISCELLANEOUS MANUFACTURED ARTICLES......... 18.209 98.1 98.0 -0.7 0.0 -0.2 -0.1 -0.1 81 Prefabricated buildings; plumbing, heat & lighting fixtures, n.e.s.............. 0.394 92.7 93.1 -3.0 -1.7 0.2 -0.6 0.4 82 Furniture and parts thereof................ 1.295 99.2 98.8 -4.0 -0.2 0.1 -1.0 -0.4 83 Travel goods, handbags and similar containers.............................. 0.533 100.7 100.2 -0.2 0.1 -0.5 0.0 -0.5 84 Articles of apparel and clothing accessories............................. 6.182 102.4 102.4 -0.1 0.3 -0.2 0.3 0.0 85 Footwear................................... 1.885 101.2 100.5 -0.1 0.1 -0.3 0.1 -0.7 87 Professional, scientific and controlling instruments and apparatus, n.e.s........ 1.650 94.5 94.2 -0.9 0.0 -0.4 -0.1 -0.3 88 Photographic apparatus, equipment and supplies and optical goods, n.e.s.;..... 1.388 91.4 91.4 0.2 0.2 -0.3 -0.4 0.0 89 Miscellaneous manufactured articles, n.e.s................................... 4.882 95.3 95.3 -0.8 -0.1 -0.2 -0.2 0.0 1 Relative importance figures are based on n.a. Not available 1995 trade values. 2 Data for February, March and April 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, May 1998-May 1999 1995=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance May Jan. Feb. March April SITC Description 1998 1999 1999 1999 1999 Rev. 3 April April May to to to to to 1999 1999 1999 May Feb. March April May 1/ 2/ 1999 1999 1999 1999 1999 ALL COMMODITIES.............................. 100.000 94.5 94.5 -2.2 -0.2 -0.4 0.3 0.0 0 FOOD AND LIVE ANIMALS....................... 7.142 88.2 89.1 -2.4 -1.3 -1.6 0.5 1.0 01 Meat and meat preparations................. 1.105 88.9 89.9 -4.1 3.4 -3.5 -1.2 1.1 03 Fish, crustaceans, aquatic invertebrates and preparations thereof................ 0.717 113.3 122.0 48.8 1.3 7.2 7.1 7.7 04 Cereals and cereal preparations............ 2.362 76.7 76.2 -11.3 -1.9 -2.6 1.2 -0.7 05 Vegetables, fruit and nuts, fresh or dried.......................... 1.402 94.8 96.5 0.1 -5.1 -3.1 -0.1 1.8 08 Feeding stuff for animals (not including unmilled cereals)............. 0.647 88.7 87.8 -6.1 -0.5 -0.2 -2.2 -1.0 09 Miscellaneous edible products and preparations............................ 0.413 106.8 106.8 1.8 0.0 0.0 0.0 0.0 3/ Other food and live animals (9612=100)....... 0.496 89.7 89.0 -9.5 -3.6 -1.0 -1.9 -0.8 1 BEVERAGES AND TOBACCO....................... 1.567 101.1 101.1 1.1 0.1 -0.2 -0.1 0.0 12 Tobacco and tobacco manufactures........... 1.293 101.1 101.1 1.3 0.2 -0.3 -0.1 0.0 2 CRUDE MATERIALS, INEDIBLE, EXCEPT FUELS..... 4.991 74.1 74.6 -10.1 -0.8 -1.3 0.1 0.7 21 Hides, skins and furskins, raw............. 0.268 78.9 79.0 -8.0 -1.6 0.1 -3.2 0.1 22 Oil seeds and oleaginous fruits............ 0.910 80.4 79.5 -25.5 -7.1 -7.8 2.7 -1.1 24 Cork and wood.............................. 0.886 81.8 81.7 -1.1 0.1 0.0 0.4 -0.1 25 Pulp and waste paper....................... 0.741 61.8 62.9 -0.9 2.7 1.1 -0.3 1.8 26 Textile fibers and their waste............. 0.721 69.8 70.1 -9.4 0.6 -1.6 0.1 0.4 27 Crude fertilizers and crude minerals....... 0.332 93.5 93.6 -3.5 0.0 0.2 -0.1 0.1 28 Metalliferous ores and metal scrap......... 0.736 68.5 70.5 -11.7 1.6 1.5 -1.9 2.9 3/ Other crude materials, inedible, except fuels (9612=100).......................... 0.397 90.5 92.9 -6.0 -0.1 -0.1 0.4 2.7 3 MINERAL FUELS, LUBRICANTS AND RELATED MATERIALS................................ 2.018 100.4 102.4 -2.2 0.1 -0.3 7.8 2.0 32 Coal, coke and briquettes.................. 0.695 98.3 98.3 -1.8 0.0 0.0 -1.0 0.0 33 Petroleum, petroleum products and related materials....................... 1.190 104.8 108.4 -0.3 0.0 -0.5 15.3 3.4 4 ANIMAL AND VEGETABLE OILS, FATS AND WAXES.................................... 0.405 82.8 82.0 -23.1 -7.6 -8.8 0.2 -1.0 5 CHEMICALS AND RELATED PRODUCTS, N.E.S....... 10.634 90.4 90.7 -2.6 0.0 0.0 -0.2 0.3 51 Organic chemicals.......................... 2.299 73.1 74.3 -4.4 -0.3 0.0 -0.8 1.6 52 Inorganic chemicals........................ 0.898 102.9 101.2 -2.8 -0.1 -0.2 -0.1 -1.7 53 Dyeing, tanning and coloring materials..... 0.510 101.4 101.1 0.8 0.4 0.2 0.0 -0.3 54 Medicinal and pharmaceutical products...... 1.264 100.6 100.6 -1.0 0.1 0.2 0.2 0.0 55 Essential oils; polishing and cleansing preps................................... 0.774 101.4 101.5 0.1 0.1 0.1 -0.1 0.1 56 Fertilizers (9612=100)..................... 0.562 92.0 91.0 -4.1 -0.5 -1.3 -2.1 -1.1 57 Plastics in primary forms.................. 1.734 85.5 86.5 -4.4 -0.2 0.1 1.2 1.2 58 Plastics in nonprimary forms............... 0.832 96.1 96.3 -2.8 -0.5 1.0 -0.3 0.2 59 Chemical materials and products, n.e.s..... 1.762 100.2 100.1 -0.3 0.4 -0.4 -0.2 -0.1 6 MANUFACTURED GOODS CLASSIFIED CHIEFLY BY MATERIAL.............................. 9.891 96.5 96.5 -1.7 0.1 -0.4 0.1 0.0 62 Rubber manufactures, n.e.s................. 0.716 105.9 105.8 4.1 1.0 -0.7 -0.8 -0.1 63 Cork and wood manufactures other than furniture............................... 0.317 96.1 95.8 5.7 2.1 1.6 0.3 -0.3 64 Paper, paperboard, and articles of paper pulp, paper or paperboard......... 1.532 81.9 83.1 -1.2 0.6 0.1 1.2 1.5 65 Textile yarn, fabrics, and made-up articles, n.e.s................. 1.414 99.7 99.4 -3.1 -1.3 0.0 0.1 -0.3 66 Nonmetallic mineral manufactures, n.e.s................................... 1.373 106.6 106.4 -0.5 0.0 -0.4 0.1 -0.2 67 Iron and steel............................. 1.056 94.9 94.5 -5.9 -0.9 -1.3 -0.7 -0.4 68 Nonferrous metals.......................... 1.212 84.0 83.8 -10.5 1.1 -1.6 0.0 -0.2 69 Manufactures of metals, n.e.s.............. 2.122 108.2 108.1 3.4 0.0 0.1 0.0 -0.1 7 MACHINERY AND TRANSPORT EQUIPMENT........... 51.093 98.0 97.8 -1.4 0.0 -0.2 0.1 -0.2 71 Power generating machinery and equipment............................... 4.550 109.6 109.6 2.4 0.2 0.2 0.1 0.0 72 Machinery specialized for particular industries.............................. 4.895 105.8 105.8 0.7 -0.1 0.1 0.1 0.0 73 Metalworking machinery..................... 1.036 109.5 109.5 1.7 0.0 -0.1 0.5 0.0 74 General industrial machinery, equipment, & parts, n.e.s............... 5.285 107.3 107.3 1.0 0.4 -0.2 0.1 0.0 75 Computer equipment and office machines..... 5.923 72.6 72.3 -8.5 -0.4 -0.4 -0.5 -0.4 76 Telecommunications & sound recording & reproducing apparatus & equipment..... 3.851 97.4 97.4 -1.3 -0.2 0.1 -0.1 0.0 77 Electrical machinery and equipment......... 11.434 89.7 88.9 -4.0 0.0 -0.6 0.3 -0.9 78 Road vehicles.............................. 9.414 102.2 102.3 0.4 0.2 -0.1 0.0 0.1 8 MISCELLANEOUS MANUFACTURED ARTICLES......... 11.533 101.0 101.0 -0.1 0.1 0.0 0.0 0.0 82 Furniture and parts thereof................ 0.660 104.5 104.6 0.1 0.0 0.3 0.3 0.1 84 Articles of apparel and clothing accessories............................. 1.286 100.7 100.7 -3.0 0.5 -0.1 -0.4 0.0 87 Professional, scientific and controlling instruments and apparatus, n.e.s........ 3.893 105.2 105.4 1.5 0.0 0.2 0.2 0.2 88 Photographic apparatus, equipment and supplies and optical goods, n.e.s....... 0.938 94.6 94.5 0.4 0.5 -0.3 -0.5 -0.1 89 Miscellaneous manufactured articles, n.e.s................................... 4.277 98.0 97.9 -0.9 0.0 -0.2 0.0 -0.1 3/ Other miscellaneous manufactured articles (9612=100)....................... 0.479 102.5 103.1 0.5 0.0 -0.2 0.1 0.6 1 Relative importance figures are based on n.a. Not available 1995 trade values. 2 Data for February, March and April 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, May 1998-May 1999 1995=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly Harmo- ance May Jan. Feb. March April nized Description 1998 1999 1999 1999 1999 System April April May to to to to to 1999 1999 1999 May Feb. March April May 1/ 2/ 1999 1999 1999 1999 1999 I LIVE ANIMALS; ANIMAL PRODUCTS............... 1.661 101.8 101.8 -2.4 0.6 1.4 1.5 0.0 02 Meat and edible meat offal................... 0.286 96.4 95.3 -4.1 0.1 3.3 0.6 -1.1 03 Fish and crustaceans, molluscs and........... other aquatic invertebrates............... 0.986 107.7 108.5 0.8 1.3 0.8 2.3 0.7 3/ Other live animals and animal................ products (9612=100)....................... 0.389 94.9 93.7 -8.8 -0.4 1.5 0.2 -1.3 II VEGETABLE PRODUCTS.......................... 1.572 86.1 87.4 -1.8 -5.5 -0.9 0.1 1.5 07 Edible vegetables and certain roots and...... tubers.................................... 0.289 100.8 103.5 -1.0 -26.6 -3.1 -1.5 2.7 08 Edible fruit and nuts; peel of citrus........ fruit or melons........................... 0.504 105.8 108.6 11.5 0.5 2.0 2.1 2.6 09 Coffee, tea, mate and spices................. 0.359 69.7 67.4 -20.0 -4.6 -1.1 -0.6 -3.3 3/ Other vegetable products..................... 0.420 91.5 94.6 2.0 7.9 -2.2 -0.4 3.4 IV PREPARED FOODSTUFFS, BEVERAGES, AND......... TOBACCO................................... 2.166 100.2 100.2 -1.0 -0.3 0.0 -0.3 0.0 20 Preparations of vegetables, fruit,........... nuts, or other parts of plants............ 0.302 95.0 93.4 5.9 -1.3 0.7 0.7 -1.7 22 Beverages, spirits, and vinegar.............. 0.800 105.2 105.1 1.3 -0.1 -0.1 0.3 -0.1 3/ Other prepared foodstuffs (9612=100)......... 1.064 95.8 96.4 -4.2 0.0 -0.3 -0.9 0.6 V MINERAL PRODUCTS............................ 8.425 85.1 91.6 11.3 -1.2 7.6 15.2 7.6 26 Ores, slag and ash........................... 0.307 100.6 99.9 -2.3 0.1 0.0 -0.5 -0.7 27 Mineral fuels, oils and residuals,........... bituminous substances and mineral wax..... 7.886 84.3 91.1 12.3 -1.2 8.2 16.4 8.1 VI PRODUCTS OF THE CHEMICAL OR ALLIED.......... INDUSTRIES................................ 5.232 93.2 93.3 -3.5 -0.3 -0.5 -0.3 0.1 28 Inorganic chemicals.......................... 0.792 90.1 90.4 -10.7 -1.8 -0.1 -1.9 0.3 29 Organic chemicals............................ 1.998 90.1 90.7 -2.1 0.0 -0.9 0.6 0.7 30 Pharmaceutical products...................... 0.597 103.6 103.2 1.5 0.3 -0.6 -0.9 -0.4 32 Tanning & dyeing extracts; dye &............. pigments; varnish & paints; putty......... 0.290 90.8 89.8 -3.2 -0.8 0.1 -1.7 -1.1 37 Photographic or cinematographic goods........ 0.368 96.0 96.3 0.1 0.3 0.3 0.3 0.3 38 Miscellaneous chemical products.............. (9612=100)................................ 0.402 89.5 89.0 -7.5 -1.3 -0.4 -1.2 -0.6 3/ Other products of the chemical or............ allied industries (9612=100).............. 0.786 94.7 94.3 -2.2 0.6 -0.5 0.0 -0.4 VII PLASTICS AND ARTICLES THEREOF; RUBBER....... AND ARTICLES THEREOF...................... 2.755 85.4 85.7 -2.7 0.0 0.0 -0.2 0.4 39 Plastics and articles thereof................ 1.738 89.2 89.8 -2.3 -0.2 0.2 0.0 0.7 40 Rubber and articles thereof.................. 1.017 79.7 79.6 -3.3 0.4 -0.5 -0.6 -0.1 VIII RAW HIDES, SKINS, LEATHER, FURSKINS,........ TRAVEL GOODS, ETC......................... 1.053 101.9 101.4 -0.7 0.1 -0.5 -0.2 -0.5 42 Articles of leather; travel goods, bags,..... etc. of various materials................. 0.887 100.3 99.8 -0.7 0.1 -0.4 -0.1 -0.5 IX WOOD, WOOD CHARCOAL, CORK, STRAW, BASKET.... AND WICKER................................ 1.745 106.7 109.4 9.2 3.8 0.0 0.5 2.5 X WOOD PULP, WASTE AND SCRAP PAPER, PAPER..... AND ARTICLES THEREOF...................... 2.368 80.5 80.5 -3.5 0.2 -0.2 -0.6 0.0 47 Pulp wood or other fibrous cellulosic........ material; waste paper/paperboard.......... 0.338 57.7 58.3 -7.9 1.2 -0.5 -0.3 1.0 48 Paper and paperboard; articles of paper...... pulp, paper or paperboard................. 1.661 85.9 85.8 -3.1 0.2 -0.3 -0.7 -0.1 49 Printed matter............................... 0.369 98.5 98.3 -1.2 -0.2 -0.4 -0.3 -0.2 XI TEXTILE AND TEXTILE ARTICLES................ 7.229 100.2 100.1 -0.8 -0.2 0.0 0.3 -0.1 61 Articles of apparel and clothing............. accessories, knitted or crocheted......... 2.154 101.0 101.1 -0.8 -0.2 -0.4 1.6 0.1 62 Articles of apparel and clothing............. accessories, not knitted or crocheted..... 3.534 103.8 103.8 0.5 0.3 -0.1 -0.2 0.0 63 Made-up or worn textile articles and......... clothing; needlecraft sets; rags.......... 0.346 92.9 92.5 -1.7 0.1 -0.2 -0.5 -0.4 3/ Other textile & textile...................... articles (9612=100)....................... 1.194 93.7 93.2 -4.4 -1.5 0.4 -0.2 -0.5 XII FOOTWEAR, HEADGEAR, UMBRELLAS, WHIPS,....... ARTIFICIAL FLOWERS, ETC................... 2.211 101.6 101.1 0.3 0.1 -0.2 0.2 -0.5 64 Footwear, gaiters and the like; parts........ of such articles.......................... 1.896 100.9 100.3 -0.1 0.1 -0.2 0.1 -0.6 3/ Other footwear, headgear, umbrellas,......... whips, art. flowers, etc. (9612=100)...... 0.315 104.4 104.4 2.9 -0.1 -0.1 1.3 0.0 XIII STONE, PLASTER, CEMENT, ASBESTOS,CERAMIC.... GLASS ETC................................. 1.204 101.4 101.0 0.1 0.3 0.4 -0.5 -0.4 69 Ceramic products............................. 0.453 97.8 97.6 -0.5 0.8 -0.1 -0.8 -0.2 70 Glass and glassware.......................... 0.467 101.6 100.7 0.2 -0.1 1.4 -0.1 -0.9 XIV PEARLS, STONES, PRECIOUS METALS,............ IMITATION JEWELRY, AND COINS.............. 2.394 101.1 99.6 -2.1 1.1 1.3 -0.5 -1.5 XV BASE METALS AND ARTICLES OF BASE METAL...... 5.520 84.0 84.7 -6.9 0.0 -0.6 0.1 0.8 72 Iron and steel............................... 1.647 84.3 85.0 -9.1 -0.8 -1.1 0.2 0.8 73 Articles of iron or steel.................... 1.304 92.6 92.4 -2.4 -0.1 -0.3 0.0 -0.2 74 Copper and articles thereof.................. 0.379 66.1 68.6 -5.4 -1.2 -1.0 -0.9 3.8 76 Aluminum and articles thereof................ 0.877 78.9 80.9 -8.2 -0.6 -0.8 -0.5 2.5 83 Miscellaneous articles of base metal......... 0.433 100.4 102.4 3.2 0.3 0.0 0.4 2.0 3/ Miscellaneous nonferrous metals and.......... articles, including scrap (9612=100)...... 0.417 78.3 76.4 -23.1 7.8 2.0 2.5 -2.4 XVI MACHINERY, ELECTRICAL EQUIPMENT, TV......... IMAGE & SOUND RECORDERS, PARTS, ETC....... 29.717 82.9 82.8 -3.6 0.1 -0.7 -0.7 -0.1 84 Specialized machinery & computer............. equipment................................. 15.297 82.3 82.1 -4.3 -0.2 -1.1 -0.7 -0.2 85 Electrical machinery and equip, sound........ and TV recorders & reproducers, parts..... 14.420 83.6 83.5 -2.8 0.4 -0.2 -0.5 -0.1 XVII VEHICLES, AIRCRAFT, VESSELS AND............. ASSOCIATED TRANSPORT EQUIPMENT............ 16.972 102.1 102.2 1.0 0.1 -0.1 0.1 0.1 87 Motor vehicles and their parts............... 16.030 101.8 101.9 1.0 0.1 -0.1 0.1 0.1 XVIII OPTICAL, PHOTO, MEASURING, MEDICAL &........ MUSICAL INSTRUMENTS; & TIMEPIECES......... 3.677 91.7 91.6 -0.7 0.0 -0.3 -0.1 -0.1 90 Optical, photographic, measuring and......... medical instruments....................... 3.133 91.4 91.3 -1.0 0.0 -0.3 0.0 -0.1 91 Clocks and watches and parts thereof......... 0.397 93.8 93.4 0.6 -0.3 0.2 -1.2 -0.4 XX MISCELLANEOUS MANUFACTURED ARTICLES......... 3.840 97.2 97.2 -1.6 -0.3 -0.2 -0.4 0.0 94 Furniture; stuffed furnishings; lamps........ and lighting fittings nes;................ 1.656 97.7 97.5 -2.5 -0.3 0.0 -0.8 -0.2 95 Toys, games and sports equipment; parts...... and accessories thereof................... 1.881 97.2 97.5 -1.1 -0.2 -0.5 -0.1 0.3 96 Miscellaneous manufactured articles.......... 0.303 93.9 93.8 0.4 -1.1 -0.3 -0.6 -0.1 1 Relative importance figures are based on n.a. Not available 1995 trade values. 2 Data for February, March and April 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, May 1998-May 1999 1995=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly Harmo- ance May Jan. Feb. March April nized Description 1998 1999 1999 1999 1999 System April April May to to to to to 1999 1999 1999 May Feb. March April May 1/ 2/ 1999 1999 1999 1999 1999 I LIVE ANIMALS; ANIMAL PRODUCTS............... 1.932 92.7 95.2 4.6 1.9 -1.0 0.1 2.7 02 Meat & edible meat offal..................... 0.999 84.3 85.5 -5.3 3.4 -4.0 -0.9 1.4 03 Fish and crustaceans, molluscs and........... other aquatic invertebrates............... 0.617 106.9 113.8 40.7 1.9 5.2 5.1 6.5 3/ Other live animals and animal................ products (9612=100)....................... 0.315 83.0 82.8 -12.4 -2.8 -1.8 -6.0 -0.2 II VEGETABLE PRODUCTS.......................... 4.580 82.1 82.1 -11.2 -3.6 -3.2 1.6 0.0 07 Edible vegetables and certain roots and...... tubers.................................... 0.309 93.6 96.3 -7.8 -15.8 0.1 0.9 2.9 08 Edible fruit and nuts; peel of citrus........ fruit or melons........................... 0.777 101.5 100.9 8.6 0.1 -2.0 2.5 -0.6 10 Cereals...................................... 2.142 74.7 74.2 -12.1 -1.8 -2.9 1.2 -0.7 12 Oilseeds and misc. grains, seeds,............ fruits, plants, straw and fodder.......... 1.116 85.6 85.4 -21.4 -5.7 -6.4 2.1 -0.2 III ANIMAL OR VEGETABLE FATS AND OILS........... 0.433 82.3 81.2 -24.7 -7.2 -9.4 -0.8 -1.3 IV PREPARED FOODSTUFFS, BEVERAGES, AND......... TOBACCO................................... 3.466 97.1 96.8 -0.8 -0.5 -0.6 -0.4 -0.3 20 Preparations of vegetables, fruit,........... nuts, or other parts of plants............ 0.351 94.4 94.7 0.1 -2.1 -4.3 1.5 0.3 21 Miscellaneous edible preparations............ 0.382 107.0 106.8 0.8 0.0 0.0 0.0 -0.2 22 Beverages, spirits, and vinegar.............. 0.340 98.4 98.6 0.9 -0.3 0.2 -0.7 0.2 23 Residues and waste from the food............. industries; prepared animal feed.......... 0.575 85.0 83.5 -7.2 -1.7 -0.5 -2.1 -1.8 24 Tobacco and manufactured tobacco............. substitutes............................... 1.303 101.0 101.0 1.1 0.2 -0.2 -0.2 0.0 3/ Other prepared foods......................... 0.514 99.3 99.3 -1.0 -0.1 -0.1 -0.6 0.0 V MINERAL PRODUCTS............................ 2.586 97.6 99.4 -2.5 0.9 0.0 6.1 1.8 26 Ores, slag and ash (9812=100)................ 0.254 105.1 109.5 n.a. 8.0 2.3 -2.5 4.2 27 Mineral fuels, oils and residuals,........... bituminous substances and mineral wax..... 2.071 101.2 103.0 -2.3 0.0 -0.3 8.1 1.8 VI PRODUCTS OF THE CHEMICAL OR ALLIED.......... INDUSTRIES................................ 8.698 91.5 91.7 -1.9 0.0 -0.2 -0.4 0.2 28 Inorganic chemicals.......................... 0.962 101.2 100.4 -2.7 -0.5 -0.3 -0.2 -0.8 29 Organic chemicals............................ 2.593 76.2 77.4 -4.4 -0.1 0.0 -0.7 1.6 30 Pharmaceutical products...................... 0.949 103.9 103.9 0.0 0.1 0.4 0.3 0.0 31 Fertilizers (9612=100)....................... 0.626 92.0 91.0 -4.1 -0.5 -1.3 -2.1 -1.1 32 Tanning or dyeing extracts; dyes and......... pigments; paints & varnish; putty;ink..... 0.524 101.7 101.5 1.1 0.3 0.3 0.0 -0.2 33 Essential oils and resinoids;................ perfumery, cosmetic or toilet............. 0.554 103.6 103.7 0.4 0.0 0.3 0.0 0.1 34 Soap; lubricants; waxes, polishing or........ scouring products; candles, pastes........ 0.330 103.9 103.8 1.5 0.5 -0.2 -0.2 -0.1 37 Photographic or cinematographic goods........ 0.405 86.6 86.4 0.2 1.2 -1.7 -1.1 -0.2 38 Miscellaneous chemical products.............. 1.528 98.9 98.8 -0.4 0.3 -0.2 -0.4 -0.1 VII PLASTICS AND ARTICLES THEREOF; RUBBER....... AND ARTICLES THEREOF...................... 4.214 90.5 90.8 -4.0 0.0 0.1 0.0 0.3 39 Plastics and articles thereof................ 3.276 88.2 88.7 -5.5 -0.2 0.2 0.3 0.6 40 Rubber and articles thereof.................. 0.938 99.4 99.2 2.1 0.8 -0.7 -0.9 -0.2 VIII RAW HIDES, SKINS, LEATHER, FURSKINS,........ TRAVEL GOODS, ETC......................... 0.497 81.9 82.0 -6.2 -1.4 -0.5 -1.4 0.1 41 Raw hides and skins (other than.............. furskins) and leather..................... 0.341 75.4 75.5 -9.8 -2.2 0.1 -2.3 0.1 IX WOOD, WOOD CHARCOAL, CORK, STRAW,........... BASKET AND WICKER......................... 1.228 85.5 85.4 0.6 0.7 0.4 0.2 -0.1 X WOOD PULP, WASTE AND SCRAP PAPER, PAPER..... AND ARTICLES THEREOF...................... 3.031 76.7 77.7 -0.6 0.8 -0.1 0.9 1.3 47 Pulp wood or other fibrous cellulosic........ material; waste paper/paperboard.......... 0.683 59.0 60.4 -0.5 2.5 0.3 0.5 2.4 48 Paper and paperboard; articles of paper...... pulp, paper or paperboard................. 1.504 82.5 83.5 -1.4 0.6 -0.1 1.7 1.2 49 Printed material............................. 0.844 109.2 109.3 0.3 0.0 -0.5 0.0 0.1 XI TEXTILE AND TEXTILE ARTICLES................ 3.164 87.7 87.7 -4.8 -0.2 -0.5 0.0 0.0 52 Cotton, including yarns and woven............ fabrics thereof........................... 0.643 71.9 72.5 -6.6 0.7 -1.8 0.6 0.8 55 Manmade staple fibers, includ. yarns......... and woven fabrics (9812=100).............. 0.267 98.0 99.6 n.a. -1.5 0.0 -0.4 1.6 61 Apparel and clothing access.,................ knitted or crocheted (9812=100)........... 0.481 100.2 100.2 n.a. 1.0 -0.2 -0.7 0.0 62 Apparel and clothing access.,................ not knitted or crocheted (9812=100)....... 0.668 98.9 98.9 n.a. 0.0 0.0 0.0 0.0 XIII STONE, PLASTER, CEMENT, ASBESTOS,........... CERAMIC, GLASS ETC........................ 0.882 103.1 103.5 -0.2 -0.1 -0.2 -0.1 0.4 70 Glass and glassware.......................... 0.511 102.2 102.2 0.3 0.0 -0.4 0.1 0.0 XIV PEARLS, STONES, PRECIOUS METALS,............ IMITATION JEWELRY, AND COINS.............. 1.919 95.2 92.6 -9.9 1.4 0.9 -0.9 -2.7 XV BASE METALS AND ARTICLES OF BASE METALS..... 4.448 89.0 89.7 -3.8 -0.2 -0.4 -0.2 0.8 72 Iron and steel............................... 0.831 76.9 77.4 -10.7 -1.5 -0.3 -0.5 0.7 73 Articles of iron or steel.................... 1.331 109.9 109.7 1.4 0.1 0.6 -0.4 -0.2 74 Copper and articles thereof.................. 0.336 61.8 63.4 -11.6 -0.5 -0.2 -0.3 2.6 76 Aluminum and articles thereof................ 0.807 78.3 80.5 -6.9 0.3 -2.3 0.3 2.8 82 Tools, implements, cutlery, spoons and....... forks, of base metal; parts thereof....... 0.442 106.6 106.8 2.6 -0.1 -0.1 -0.4 0.2 83 Miscellaneous articles of base metal......... 0.394 101.8 101.8 1.4 0.5 1.1 -1.4 0.0 XVI MACHINERY, ELECTRICAL EQUIPMENT, TV......... IMAGE AND SOUND RECORDERS, PARTS, ETC..... 36.852 92.9 92.6 -2.5 0.0 -0.3 0.1 -0.3 84 Specialized machinery & computer............. equipment................................. 20.660 94.5 94.4 -1.8 -0.1 -0.1 -0.1 -0.1 85 Electrical machinery and equip, sound........ & tv recorders & reproducers, parts....... 16.192 90.9 90.3 -3.4 0.1 -0.4 0.2 -0.7 XVII VEHICLES, AIRCRAFT, VESSELS AND............. ASSOCIATED TRANSPORT EQUIPMENT............ 14.355 105.8 105.9 0.8 0.1 0.0 0.0 0.1 87 Motor vehicles and their parts............... 9.884 102.3 102.4 0.4 0.2 -0.1 0.0 0.1 XVIII OPTICAL, PHOTO, MEASURING, MEDICAL &........ MUSICAL INSTRUMENTS; & TIMEPIECES......... 5.635 103.0 103.1 0.9 -0.1 0.1 0.1 0.1 XX MISCELLANEOUS MANUFACTURED ARTICLES......... 1.849 102.6 102.6 0.0 0.0 0.2 0.2 0.0 94 Furniture; stuffed furnishings;.............. lamps and lighting fittings nesoi;........ 0.912 104.6 104.7 0.0 0.0 0.2 0.4 0.1 95 Toys, games and sports equipment; parts...... and accessories thereof................... 0.759 100.8 100.8 0.1 0.2 -0.1 0.2 0.0 1 Relative importance figures are based on n.a. Not available 1995 trade values. 2 Data for February, March and April 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, May 1998-May 1999 1995=100, unless otherwise noted Index Percent Change Percentage of Annual Monthly US Imports May Jan. Feb. March April Description 1/ 1998 1999 1999 1999 1999 1995 April May to to to to to 1999 1999 May Feb. March April May 2/ 1999 1999 1999 1999 1999 3/ Developed Countries.......................... 55.6 95.2 95.6 0.0 0.1 -0.2 0.2 0.4 Manufactured Goods......................... 52.2 95.6 95.7 -0.4 0.2 -0.3 -0.2 0.1 Nonmanufactured Goods...................... 3.1 93.1 99.0 10.1 -0.1 1.1 7.9 6.3 3/ Developing Countries......................... 42.7 91.3 92.2 -1.8 -0.2 0.9 1.7 1.0 Manufactured Goods......................... 35.4 91.0 91.3 -3.9 -0.1 -0.4 -0.2 0.3 Nonmanufactured Goods...................... 7.1 87.8 92.4 10.7 -0.4 8.5 12.7 5.2 Canada....................................... 18.9 95.2 96.5 -0.5 0.0 0.1 0.3 1.4 Manufactured Goods......................... 16.5 96.0 96.5 -1.5 0.1 0.1 -0.2 0.5 Nonmanufactured Goods...................... 2.2 94.2 100.8 8.0 -1.0 0.4 5.5 7.0 4/ European Union............................... 17.0 100.1 100.2 0.3 -0.1 -0.5 0.1 0.1 Manufactured Goods......................... 16.4 100.7 100.7 0.4 -0.2 -0.5 -0.3 0.0 Nonmanufactured Goods...................... 0.5 87.0 90.9 4.0 3.6 -1.6 17.1 4.5 5/ Latin America (9712=100).................... 14.1 94.4 96.1 1.2 -0.3 1.6 2.9 1.8 Manufactured Goods (9712=100)............. 10.4 95.2 95.8 -1.8 0.0 -0.5 0.6 0.6 Nonmanufactured Goods (9712=100)........... 3.5 92.4 97.6 11.7 -1.4 9.0 10.9 5.6 Japan........................................ 16.6 88.4 88.6 -0.6 0.5 -0.4 -0.1 0.2 6/ Asian Newly Industrialized Countries......... 10.9 83.2 83.0 -5.8 -0.1 -0.5 -0.2 -0.2 1 Regions are not mutually exclusive. 2 Data for February, March and April 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 March 1998-March 1999 1995 = 100, unless otherwise noted Index Percent Change Annual Quarterly Trade March March June Sept. Dec. Description (Mil. 1998 1998 1998 1998 1998 of Dec. March to to to to to Dollars) 1998 1999 March June Sept. Dec. March 1999 1998 1998 1998 1999 IMPORT Air Freight 3188 86.7 87.8 9.1 1.2 -1.5 8.0 1.3 Atlantic 1278 91.7 89.1 3.8 2.3 -0.5 4.9 -2.8 Pacific 1674 83.8 87.9 15.2 0.5 -2.3 11.9 4.9 Air Passenger Fares 11127 105.1 103.8 0.5 9.0 0.2 -6.8 -1.2 1/ Atlantic 4922 98.1 97.1 -1.8 18.6 1.6 -17.7 -1.0 1/ Pacific 2340 104.7 97.4 -0.9 7.7 -6.5 5.8 -7.0 1/ Latin American / Caribbean 3021 109.0 112.5 5.2 -0.6 2.8 -0.3 3.2 1/ Crude Oil Tanker Freight 1346 82.3 n.a. n.a. -14.6 -3.9 5.0 n.a. Ocean Liner Freight 9868 100.6 100.6 7.7 7.9 0.4 -0.6 0.0 U.S. East Coast 4271 99.0 99.0 2.6 2.8 1.1 -1.3 0.0 from Atlantic 1952 97.4 97.5 0.3 -0.5 0.7 0.0 0.1 from Pacific 1774 103.3 103.3 9.0 6.8 1.9 0.2 0.0 1/ U.S. West Coast 5596 101.2 101.1 11.7 12.2 -0.2 -0.1 -0.1 EXPORT Air Freight (9612 = 100) 2562 96.7 90.5 -4.6 -0.4 1.2 1.2 -6.4 Air Passenger Fares 17272 98.0 100.6 6.7 0.8 0.3 2.7 2.7 1/ Atlantic 4120 109.0 106.5 4.7 8.8 4.1 -5.4 -2.3 1/ Pacific 10700 82.0 85.1 6.9 -2.4 -1.7 7.3 3.8 Latin American / Caribbean 1392 113.1 111.6 4.0 1.6 3.9 -0.1 -1.3 Canadian 1006 166.0 188.6 13.5 -3.6 -3.3 7.2 13.6 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 March 1998-March 1999 1995 = 100 Index Percent Change Annual Quarterly Trade March March June Sept. Dec. Description (Mil. 1998 1998 1998 1998 1998 of Dec. March to to to to to Dollars) 1998 1999 March June Sept. Dec. March 1999 1998 1998 1998 1999 Air Freight (Inbound) 5495 87.4 88.0 6.2 0.6 -1.9 6.8 0.7 Atlantic 1880 91.6 89.1 4.3 3.5 -0.5 4.1 -2.7 Pacific 3151 85.5 88.0 8.2 -1.2 -3.0 9.8 2.9 Air Freight (Outbound) 5835 95.2 92.7 -4.6 -1.2 -0.2 -0.6 -2.6 Atlantic 2080 104.1 104.1 3.1 1.2 1.1 0.8 0.0 Pacific 3222 89.7 85.3 -10.7 -3.2 -1.1 -1.9 -4.9 Air Passenger Fares (U.S. Carrier) 30673 103.1 104.5 5.2 8.6 -0.5 -3.9 1.4 1/ Atlantic 8811 98.0 96.9 2.9 24.0 3.1 -18.6 -1.1 1/ Pacific 15900 93.4 94.6 5.2 4.1 -4.4 4.4 1.3 1/ Latin American / Caribbean 4542 116.7 118.4 6.9 0.7 5.0 -0.4 1.5 Canadian 1367 171.9 190.5 9.7 -3.3 -3.2 5.7 10.8 Air Passenger Fares (Foreign Carrier) 31694 101.1 98.9 1.3 4.9 1.6 -2.8 -2.2 1/ Atlantic 13572 102.9 98.3 -0.5 13.3 5.4 -12.7 -4.5 1/ Pacific 12570 87.9 86.6 2.2 -2.2 -3.7 10.3 -1.5 1/ Latin American / Caribbean 4224 107.9 109.8 4.3 -0.2 2.5 0.2 1.8 1/ Crude Oil Tanker Freight (Inbound) 1949 82.7 n.a. n.a. -15.6 -5.1 -0.2 n.a. Ocean Liner Freight (Inbound) 12253 104.2 104.1 11.9 11.0 1.7 -0.8 -0.1 U.S. East Coast 5410 96.7 96.7 1.4 2.2 0.9 -1.7 0.0 from Atlantic 2647 95.4 95.5 0.3 -0.4 0.6 0.0 0.1 from Pacific 1874 100.7 100.7 8.2 6.1 1.8 0.1 0.0 1/ U.S. West Coast 6844 109.6 109.5 20.9 18.4 2.2 -0.1 -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. If you would like to be added to the mailing list for more detailed index and percent change tables, please fill out the form below and mail or fax it to the following address: Division of International Prices Bureau of Labor Statistics PSB Building, Rm. 3955 2 Massachusetts Avenue, N.E. Washington, DC 20212 Phone Number: (202) 606-7155 Fax Number: (202) 606-7179 IPP Order Form Please add my name to the mailing list for the following publications. 1. Monthly News Release ______ 2. Harmonized System Indexes ______ 3. SITC Indexes ______ 4. BEA End-Use Indexes ______ 5. Locality of Origin Indexes ______ 6. Services Indexes ______ Name______________________________________________ Address___________________________________________ ____________________________________ ____________________________________ ____________________________________ Phone Number ( ) ______________________