Technical information: USDL-07-1033 (202) 691-7101 Transmission of this Media contact: material is embargoed (202) 691-5902 until 8:30 A.M. E.D.T. Internet address: http://www.bls.gov/mxp Friday, July 13, 2007 U.S. IMPORT AND EXPORT PRICE INDEXES - JUNE 2007 - The U.S. Import Price Index advanced 1.0 percent in June, the Bureau of Labor Statistics of the U.S. Department of Labor reported today, after a similar 1.1 percent increase the previous month. Higher petroleum prices drove the June rise. Export prices also continued to trend upward in June, increasing 0.3 percent following a 0.2 percent advance in May. 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 2006 June 0.1 -1.1 0.4 0.7 2.6 0.6 July 0.8 3.6 0.0 0.4 1.9 0.2 August 0.5 1.0 0.5 0.4 0.9 0.5 September -2.2 -11.0 0.1 -0.4 -0.5 -0.4 October -2.5 -10.4 -0.6 -0.3 1.0 -0.5 November 0.4 -1.6 1.0 0.4 4.4 0.1 December 1.1 4.0 0.5 0.6 2.4 0.5 2007 January -1.2 -6.6 -0.1 0.4 0.6 0.5 February 0.4 1.7 0.0 0.8 2.8 0.6 March 1.6 8.5 r 0.3 0.7 2.1 0.6 r April 1.4 6.8 r 0.3 0.4 r -1.4 0.5 May 1.1 r 3.7 r 0.5 0.2 r 0.1 r 0.2 June 1.0 4.7 0.2 0.3 2.9 0.1 June 2005-06 7.4 33.7 2.2 4.2 0.2 4.6 June 2006-07 2.3 2.1 2.6 4.1 18.5 2.9 r = revised to reflect late reports and corrections by respondents. Import Goods Import prices rose 1.0 percent in June, the fifth consecutive increase for the index. Petroleum prices were also up for the fifth month in a row, increasing 4.7 percent in June after a 3.7 percent advance the previous month. After declining at the end of 2006, the price index for import petroleum rose 28.1 percent from January through June. However, the index was only up 2.1 percent over the past year compared to a 33.7 percent increase over the previous 12 months. Nonpetroleum prices also advanced in June, rising 0.2 percent after advancing 0.5 percent in May. Prices for nonpetroleum imports increased 2.6 percent for the year ended in June, while overall import prices rose 2.3 percent for the same period. The June increase in nonpetroleum prices was led by a 0.5 percent rise in the price index for nonpetroleum industrial supplies and materials, which had risen 4.3 percent over the three months prior to June. Metal prices, which drove the increases in March, April, and May, continued to rise, but a turnaround in building materials prices also contributed to the June increase. Advances in the price indexes for capital goods, automotive vehicles, and foods, feeds, and beverages also factored into the overall increase in nonpetroleum import prices. Capital goods prices rose 0.2 percent, the first increase for the index since a 0.1 percent uptick in December 2006. Prices for automotive vehicles advanced 0.1 percent for the third consecutive month. Foods, feeds, and beverages prices edged up 0.2 percent, following increases of 0.9 percent and 1.4 percent, respectively, in May and April. The price index for consumer goods was unchanged in June, the fifth consecutive month the index has recorded little change. Export Goods Export prices increased 0.3 percent in June following a 0.2 percent rise in May and a 0.4 percent advance in April. The June rise was mostly led by a 2.9 percent increase in agricultural prices, which resumed an upward trend after declining 1.4 percent in April and recording little movement in May. A sharp rise in soybean prices led the June advance, although higher prices for corn, meat, and agricultural industrial supplies and materials contributed as well. Prices for agricultural exports rose 18.5 percent over the past year. Nonagricultural prices also increased in June by 0.1 percent. For the June 2006-2007 period, nonagricultural prices rose 2.9 percent while overall export prices increased 4.1 percent. The June advance in nonagricultural prices was driven mostly by a 0.3 percent rise in the price index for nonagricultural industrial supplies and materials. Higher chemicals and fuel prices were the largest contributors to the increase. Prices for each of the major finished goods categories exhibited little movement in June, with the price index for automotive vehicles ticking up 0.1 percent, while prices for capital goods and consumer goods were each unchanged. Consumer goods prices had increased 0.3 percent and 0.6 percent, respectively, in May and April. Imports by Locality of Origin Import prices from China increased 0.3 percent for the second consecutive month and were up 0.6 percent over the past year. The June increase was the third monthly advance in the past four months, a turnaround from the declining trend dating back to when the index was first published in December 2003. Prices for imports from Mexico, Canada, and the European Union all increased in June, led in each case by higher petroleum prices. Import prices from Mexico rose 1.9 percent for the month and 5.8 percent for the year ended in June. The price index for imports from Canada increased 1.3 percent in June and 4.1 percent over the past 12 months. June prices for imports from the European Union advanced 0.4 percent. The index increased 2.1 percent for the June 2006-2007 period. Import prices from Japan also rose in June, edging up 0.1 percent. Despite the increase, the index declined 0.7 percent over the past year. Import and Export Services Export travel and tourism prices, which are lagged one month, were unchanged in May after increasing 0.2 percent, 2.2 percent, and 2.4 percent over the previous three months. Import air passenger fares jumped 13.4 percent in June, driven by advances of 17.9 percent and 16.7 percent, respectively, in European and Asian fares. In contrast, export air passenger fares declined 1.5 percent in June after rising 3.9 percent in May. Despite the June decrease, the index for export air passenger fares rose 5.7 percent over the past year. Prices for both import and export air freight fell in June, declining 0.2 percent and 0.4 percent, respectively. For the year ended in June, import air freight prices decreased 2.1 percent while export air freight prices advanced 0.9 percent. CONTENTS OF RELEASE This news release includes the following tables: Table 1 U.S. Import Price Indexes, by End Use Table 2 U.S. Export Price Indexes, by End Use Table 3 U.S. Import Price Indexes, by NAICS Table 4 U.S. Export Price Indexes, by NAICS Table 5 U.S. Import Price Indexes, by Harmonized System Table 6 U.S. Export Price Indexes, by Harmonized System Table 7 U.S. Import Price Indexes, by Locality of Origin Table 8 U.S. International Price Indexes for Selected Transportation Services Table 9 U.S. Export Price Indexes for Travel and Tourism Services Table 10 U.S. Export Price Indexes for Post-secondary Education Services ------------------------------------------------------------------- Import and Export Price Index data for July 2007 are scheduled for release on August 10 at 8:30 A.M. (E.D.T.). Table 1 U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods June 2006-June 2007 2000=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance June Feb. March April May END Description 2006 2007 2007 2007 2007 USE May May June to to to to to 2007 2007 2007 June March April May June 1/ 2007 2007 2007 2007 2007 ALL COMMODITIES.......................................... 100.000 118.8 120.0 2.3 1.6 1.4 1.1 1.0 ALL IMPORTS EXCLUDING PETROLEUM.......................... 81.260 106.7 106.9 2.6 0.3 0.3 0.5 0.2 ALL IMPORTS EXCLUDING FUELS (Dec. 2001=100)................................... 78.771 109.1 109.3 2.0 0.2 0.3 0.4 0.2 0 FOODS, FEEDS, & BEVERAGES.............................. 4.372 127.4 127.6 8.1 -0.2 1.4 0.9 0.2 00 Agricultural foods, feeds & beverages, excluding distilled beverages............. 3.334 139.1 139.5 10.0 -0.2 1.9 1.1 0.3 01 Nonagricultural foods (fish, distilled beverages) 1.038 101.2 100.9 2.4 0.2 -0.4 0.3 -0.3 1 INDUSTRIAL SUPPLIES & MATERIALS........................ 36.711 181.2 186.0 4.4 4.8 3.9 2.7 2.6 INDUSTRIAL SUPPLIES & MATERIALS EXCLUDING PETROLEUM........................... 17.971 143.2 143.9 7.5 1.5 1.1 1.7 0.5 INDUSTRIAL SUPPLIES & MATERIALS EXCLUDING FUELS (Dec. 2001=100)............... 15.482 150.5 151.3 5.3 1.0 1.2 1.7 0.5 INDUSTRIAL SUPPLIES & MATERIALS, DURABLE....................................... 10.171 147.1 148.6 6.8 1.3 1.9 2.4 1.0 INDUSTRIAL SUPPLIES & MATERIALS, NONDURABLE EXCLUDING PETROLEUM................ 7.801 137.5 137.3 8.4 1.6 0.1 0.8 -0.1 10 Fuels & lubricants............................... 21.230 229.8 239.6 4.1 8.0 6.0 3.5 4.3 100 Petroleum & petroleum products............... 18.741 236.6 247.8 2.1 8.5 6.8 3.7 4.7 10000 Crude................................ 12.929 233.7 247.9 1.9 6.1 6.8 3.5 6.1 101 Fuels, n.e.s.-coals & gas.................... 2.063 179.9 181.1 15.4 4.4 -2.1 2.2 0.7 10110 Gas-natural.......................... 1.900 176.5 177.4 17.6 4.8 -2.5 2.2 0.5 11 Paper & paper base stocks........................ 0.832 110.6 110.9 -0.4 0.1 -0.8 0.0 0.3 12 Materials associated with nondurable supplies & materials...................... 4.561 124.8 124.1 2.9 0.2 0.2 0.4 -0.6 13 Selected building materials...................... 1.887 111.6 113.5 -3.2 0.4 0.4 -0.3 1.7 14 Unfinished metals related to durable goods....... 4.855 217.0 219.9 13.8 2.6 3.2 3.6 1.3 15 Finished metals related to durable goods......... 1.753 133.2 134.1 7.0 0.6 2.0 4.1 0.7 16 Nonmetals related to durable goods............... 1.594 101.6 101.6 0.5 -0.2 -0.3 0.1 0.0 2 CAPITAL GOODS.......................................... 21.557 90.9 91.1 -0.1 -0.1 -0.2 0.0 0.2 20 Electric generating equipment.................... 2.647 105.2 105.6 3.4 0.2 0.5 0.4 0.4 21 Nonelectrical machinery.......................... 17.258 86.9 87.1 -0.8 -0.2 -0.3 0.0 0.2 22 Transportation equipment excluding motor vehicles (Dec. 2001=100)............ 1.653 110.7 110.9 2.8 0.1 0.5 0.1 0.2 3 AUTOMOTIVE VEHICLES, PARTS & ENGINES................... 13.829 104.6 104.7 0.8 0.0 0.1 0.1 0.1 4 CONSUMER GOODS, EXCLUDING AUTOMOTIVES..................................... 23.531 101.3 101.3 1.5 0.1 0.0 0.0 0.0 40 Nondurables, manufactured........................ 10.877 104.1 104.2 1.6 0.1 0.0 0.0 0.1 41 Durables, manufactured........................... 11.487 98.1 98.1 1.1 0.2 -0.2 0.0 0.0 42 Nonmanufactured consumer goods................... 1.167 102.3 102.4 3.9 0.1 0.1 0.0 0.1 1 Relative importance figures are based on 2005 trade values. NOTES: Data may be revised in each of the three months after original publication. n.a. Not available Table 2 U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods June 2006-June 2007 2000=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance June Feb. March April May END Description 2006 2007 2007 2007 2007 USE May May June to to to to to 2007 2007 2007 June March April May June 1/ 2007 2007 2007 2007 2007 ALL COMMODITIES............................................. 100.000 115.4 115.8 4.1 0.7 0.4 0.2 0.3 AGRICULTURAL COMMODITIES.................................... 8.254 143.0 147.1 18.5 2.1 -1.4 0.1 2.9 NONAGRICULTURAL COMMODITIES................................. 91.745 113.4 113.5 2.9 0.6 0.5 0.2 0.1 0 FOODS, FEEDS, & BEVERAGES................................. 7.579 145.2 148.6 18.3 2.4 -1.1 -0.1 2.3 00 Agricultural foods, feeds & beverages, excluding distilled beverages................ 6.887 147.1 151.0 20.1 2.5 -1.6 0.2 2.7 01 Nonagricultural foods (fish, distilled beverages)... 0.692 129.7 128.0 2.4 1.9 4.6 -3.1 -1.3 1 INDUSTRIAL SUPPLIES & MATERIALS........................... 30.095 147.8 148.6 7.1 1.7 1.2 0.3 0.5 INDUSTRIAL SUPPLIES & MATERIALS, DURABLE.......................................... 12.007 160.9 160.9 10.1 2.3 0.6 -0.1 0.0 INDUSTRIAL SUPPLIES & MATERIALS, NONDURABLE....................................... 18.089 140.9 142.1 5.3 1.4 1.6 0.8 0.9 10 Agricultural industrial supplies & materials........ 1.367 126.0 130.7 11.4 0.4 -0.3 -0.7 3.7 NONAGRICULTURAL INDUSTRIAL SUPPLIES & MATERIALS.................................. 28.728 149.3 149.8 6.8 1.8 1.3 0.5 0.3 11 Fuels & lubricants.................................. 4.454 198.7 200.2 2.0 3.7 5.2 0.1 0.8 12 Nonagricultural supplies & materials excluding fuels & building materials......... 23.159 145.1 145.4 7.9 1.6 0.6 0.5 0.2 13 Selected building materials......................... 1.115 113.4 114.9 4.6 0.4 0.2 0.4 1.3 2 CAPITAL GOODS............................................. 39.320 99.4 99.4 1.0 0.0 0.1 0.1 0.0 20 Electrical generating equipment..................... 3.692 106.4 106.6 1.7 0.1 0.5 -0.1 0.2 21 Nonelectrical machinery............................. 28.506 92.8 92.8 0.1 0.1 -0.1 0.1 0.0 22 Transportation equipment excluding motor vehicles (Dec. 2001=100)............... 7.122 121.8 122.0 4.2 0.2 0.6 0.0 0.2 3 AUTOMOTIVE VEHICLES, PARTS & ENGINES...................... 10.508 106.0 106.1 1.1 0.1 0.1 0.0 0.1 4 CONSUMER GOODS, EXCLUDING AUTOMOTIVES........................................ 12.497 105.7 105.7 2.1 0.0 0.6 0.3 0.0 40 Nondurables, manufactured........................... 5.936 106.3 106.4 3.0 -0.1 0.7 0.6 0.1 41 Durables, manufactured.............................. 5.485 104.1 103.6 1.2 0.1 0.6 0.1 -0.5 1 Relative importance figures are based on 2005 trade values. NOTES: Data may be revised in each of the three months after original publication. n.a. Not available Table 3 U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods June 2006-June 2007 December 2005=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance June Feb. March April May NAICS Description 2006 2007 2007 2007 2007 May May June to to to to to 2007 2007 2007 June March April May June 1/ 2007 2007 2007 2007 2007 Nonmanufactured Articles...................................... 17.342 110.7 115.6 4.0 4.9 5.5 3.0 4.4 11 AGRICULTURE AND LIVESTOCK PRODUCTS.................... 1.534 114.2 112.0 13.7 -1.1 3.1 0.6 -1.9 111 Agricultural products............................. 1.051 112.8 111.3 21.5 -1.9 4.6 -0.1 -1.3 21 OIL, GAS, MINERALS AND ORES........................... 15.808 110.4 115.9 3.2 5.5 5.8 3.2 5.0 212 Minerals and ores (Dec. 2006=100)................. 0.400 102.1 102.7 n.a. -0.8 1.2 0.3 0.6 Manufactured Articles......................................... 82.054 105.2 105.6 2.2 1.1 0.5 0.7 0.4 31 MANUFACTURED GOODS, PART 1............................ 10.320 103.3 103.7 2.9 0.3 0.3 0.5 0.4 311 Food and kindred products......................... 2.431 109.5 110.7 8.1 0.6 0.7 1.6 1.1 312 Beverages and tobacco products.................... 0.809 102.9 103.0 2.1 0.0 -0.1 0.3 0.1 313 Textiles and fabrics.............................. 0.499 105.7 106.6 3.1 0.4 0.3 0.1 0.9 314 Textile mill products............................. 0.777 100.4 100.6 0.3 -0.2 -0.3 0.0 0.2 315 Apparel and accessories........................... 4.321 100.9 100.9 1.1 0.5 0.2 0.2 0.0 316 Leather and allied products....................... 1.483 101.5 101.7 1.1 0.0 0.2 0.0 0.2 32 MANUFACTURED GOODS, PART 2............................ 18.010 108.5 109.2 3.2 3.9 1.7 1.2 0.6 321 Wood products..................................... 1.202 90.4 92.8 -5.5 0.1 0.9 -0.3 2.7 322 Paper............................................. 1.354 103.5 103.8 0.0 0.1 -0.7 0.0 0.3 324 Petroleum and coal products....................... 4.708 118.3 121.0 0.7 16.9 5.6 4.3 2.3 325 Chemicals......................................... 7.843 109.0 108.6 7.4 0.4 0.7 0.3 -0.4 326 Plastics and rubber products...................... 1.689 103.4 103.4 1.8 0.2 -0.2 0.1 0.0 327 Nonmetallic mineral products...................... 1.107 105.4 105.6 2.3 0.2 0.1 0.5 0.2 33 MANUFACTURED GOODS, PART 3............................ 53.724 104.6 104.8 1.8 0.2 0.2 0.6 0.2 331 Primary metals.................................... 5.722 149.9 151.5 14.0 2.3 3.3 4.5 1.1 332 Fabricated metal products, nesoi.................. 2.545 107.7 108.1 5.0 0.7 0.3 0.7 0.4 333 Machinery, except electrical...................... 6.698 105.1 105.8 3.5 0.3 0.3 0.3 0.7 334 Computer and electronic products.................. 14.177 94.7 94.6 -3.6 -0.3 -0.6 -0.3 -0.1 335 Electrical equipment, appliances, and components.. 3.661 105.7 106.0 3.4 0.2 0.2 0.3 0.3 336 Transportation equipment.......................... 14.556 101.1 101.2 0.9 0.0 0.1 0.1 0.1 337 Furniture and fixtures............................ 1.471 101.1 101.2 0.9 0.1 -0.1 0.1 0.1 339 Miscellaneous manufactured commodities............ 4.894 105.9 106.0 3.6 0.2 0.0 0.0 0.1 1 Relative importance figures are based on 2005 trade values. NOTES: Data may be revised in each of the three months after original publication. n.a. Not available Table 4 U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods June 2006-June 2007 December 2005=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance June Feb. March April May NAICS Description 2006 2007 2007 2007 2007 May May June to to to to to 2007 2007 2007 June March April May June 1/ 2007 2007 2007 2007 2007 Nonmanufactured Articles...................................... 6.069 114.0 115.9 9.9 1.7 -1.7 -1.0 1.7 11 AGRICULTURE AND LIVESTOCK PRODUCTS.................... 4.408 120.1 123.5 17.6 2.9 -2.7 -1.2 2.8 111 Agricultural products............................. 3.987 121.3 125.4 19.7 2.9 -3.9 -0.4 3.4 21 OIL, GAS, MINERALS AND ORES........................... 1.661 100.6 99.2 -7.0 -1.2 1.1 -0.3 -1.4 211 Oil and gas....................................... 0.587 102.3 95.9 18.4 -5.6 6.7 -1.7 -6.3 212 Minerals and ores................................. 1.074 99.8 101.0 -14.7 1.2 -1.8 0.5 1.2 Manufactured Articles......................................... 90.764 105.2 105.5 2.7 0.5 0.6 0.5 0.3 31 MANUFACTURED GOODS, PART 1............................ 6.736 108.7 110.0 10.4 0.8 0.2 0.7 1.2 311 Food and kindred products......................... 4.153 114.8 117.0 17.1 1.2 0.4 1.1 1.9 312 Beverages and tobacco products.................... 0.491 102.9 103.0 2.4 1.3 -0.2 0.8 0.1 313 Textiles and fabrics.............................. 0.967 98.4 98.4 2.0 0.1 0.2 0.0 0.0 315 Apparel and accessories........................... 0.556 100.3 100.6 0.6 0.1 -0.1 0.0 0.3 32 MANUFACTURED GOODS, PART 2............................ 22.647 108.8 109.5 3.6 1.0 1.4 0.7 0.6 321 Wood products..................................... 0.562 109.6 111.0 7.9 1.7 0.3 0.2 1.3 322 Paper............................................. 2.105 109.0 109.3 3.4 -0.1 0.4 0.3 0.3 324 Petroleum and coal products....................... 2.540 121.6 125.6 1.2 7.2 7.1 0.0 3.3 325 Chemicals......................................... 14.183 107.8 108.1 4.3 0.6 0.9 1.2 0.3 326 Plastics and rubber products...................... 2.297 103.4 104.0 1.6 -0.2 0.0 -0.5 0.6 327 Nonmetallic mineral products...................... 0.853 106.2 105.5 3.1 0.1 0.2 0.6 -0.7 33 MANUFACTURED GOODS, PART 3............................ 61.381 103.5 103.5 1.7 0.3 0.2 0.4 0.0 331 Primary metals.................................... 4.302 126.7 126.7 6.7 3.1 1.2 2.5 0.0 332 Fabricated metal products, nesoi.................. 2.846 113.3 113.4 7.7 0.6 1.1 2.4 0.1 333 Machinery, except electrical...................... 12.153 104.8 104.8 3.4 0.3 0.2 0.3 0.0 334 Computer and electronic products.................. 17.166 96.4 96.3 -2.5 -0.1 -0.2 0.0 -0.1 335 Electrical equipment, appliances, and components.. 3.597 103.9 104.1 2.8 0.1 0.4 0.0 0.2 336 Transportation equipment.......................... 16.522 103.9 104.1 2.5 0.1 0.2 0.1 0.2 339 Miscellaneous manufactured commodities............ 4.453 103.6 103.9 2.0 0.2 0.5 0.0 0.3 1 Relative importance figures are based on 2005 trade values. NOTES: Data may be revised in each of the three months after original publication. n.a. Not available Table 5 U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods June 2006-June 2007 2000=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly Harmo- ance June Feb. March April May nized Description 2006 2007 2007 2007 2007 System May May June to to to to to 2007 2007 2007 June March April May June 1/ 2007 2007 2007 2007 2007 I LIVE ANIMALS; ANIMAL PRODUCTS............................. 1.188 126.3 125.7 6.3 0.4 0.7 2.4 -0.5 02 Meat and edible meat offal.......................... 0.309 145.4 145.0 5.7 -0.1 0.7 1.5 -0.3 03 Fish and crustaceans, molluscs and other aquatic invertebrates.................. 0.596 100.7 99.1 2.6 1.2 -0.4 0.3 -1.6 II VEGETABLE PRODUCTS........................................ 1.161 129.5 130.3 20.0 -1.7 5.3 -1.1 0.6 07 Edible vegetables, roots, and tubers................ 0.323 189.3 177.2 23.4 -4.7 14.6 -7.7 -6.4 08 Edible fruit and nuts; peel of citrus fruit or melons.............................. 0.338 88.7 91.1 11.5 -0.1 3.6 4.1 2.7 09 Coffee, tea, mate and spices........................ 0.233 135.2 144.6 27.5 -2.0 0.2 -0.1 7.0 IV PREPARED FOODSTUFFS, BEVERAGES, AND TOBACCO......................................... 2.051 123.5 124.1 3.6 0.5 0.2 0.6 0.5 20 Preparations of vegetables, fruit, nuts, or other parts of plants............... 0.265 121.8 122.9 4.2 0.7 0.1 0.0 0.9 22 Beverages, spirits, and vinegar..................... 0.785 111.8 112.2 1.8 0.5 0.3 0.4 0.4 V MINERAL PRODUCTS.......................................... 20.913 226.4 236.6 3.2 7.7 5.7 3.4 4.5 27 Mineral fuels, oils and residuals, bituminous substances and mineral wax........ 20.527 226.0 236.3 3.2 7.9 5.8 3.5 4.6 VI PRODUCTS OF THE CHEMICAL OR ALLIED INDUSTRIES...................................... 7.144 122.5 121.5 6.1 0.3 0.7 0.2 -0.8 28 Inorganic chemicals................................. 0.927 207.4 203.4 33.8 2.8 4.8 -0.4 -1.9 29 Organic chemicals................................... 2.585 122.1 119.2 1.0 -0.1 -0.5 0.2 -2.4 30 Pharmaceutical products............................. 1.982 107.4 107.8 1.2 -0.6 0.0 0.2 0.4 32 Tanning & dyeing extracts; dye & pigments; varnish & paints; putty............ 0.176 101.4 101.7 2.9 0.3 -0.1 -0.4 0.3 33 Essential oils and resinoids (Dec. 2001=100)........ 0.414 113.7 113.8 6.6 1.2 0.3 1.3 0.1 38 Miscellaneous chemical products..................... 0.422 96.0 96.3 4.2 -0.4 -0.3 2.0 0.3 VII PLASTICS AND ARTICLES THEREOF; RUBBER AND ARTICLES THEREOF............................ 2.926 121.7 122.1 1.7 0.2 0.1 0.5 0.3 39 Plastics and articles thereof....................... 1.888 118.4 119.1 1.8 0.3 0.1 0.4 0.6 40 Rubber and articles thereof......................... 1.038 128.2 128.0 1.3 0.2 0.2 0.5 -0.2 VIII RAW HIDES, SKINS, LEATHER, FURSKINS, TRAVEL GOODS, ETC............................... 0.595 106.7 106.9 1.6 0.1 0.5 0.2 0.2 42 Articles of leather; travel goods, bags, etc. of various materials.................... 0.517 106.7 107.0 1.8 0.3 0.5 0.1 0.3 IX WOOD, WOOD CHARCOAL, CORK, STRAW, BASKETWARE AND WICKERWORK....................... 1.269 111.4 113.8 -5.7 0.4 0.8 -0.4 2.2 X WOODPULP, RECOVERED PAPER, AND PAPER PRODUCTS...................................... 1.541 107.8 108.0 0.1 0.2 -0.6 0.0 0.2 48 Paper and paperboard; articles of paper pulp, paper or paperboard.................... 1.053 103.9 103.9 -2.4 0.1 -1.0 -0.1 0.0 49 Printed matter...................................... 0.275 115.3 115.6 2.0 0.3 0.2 0.1 0.3 XI TEXTILE AND TEXTILE ARTICLES.............................. 5.413 102.0 102.1 1.4 0.4 0.1 0.3 0.1 61 Articles of apparel and clothing accessories, knitted or crocheted............ 1.932 100.4 100.3 0.2 0.1 0.2 0.0 -0.1 62 Articles of apparel and clothing accessories, not knitted or crocheted........ 2.189 101.1 101.2 2.0 1.0 0.2 0.3 0.1 63 Made-up or worn textile articles.................... 0.526 93.9 93.9 0.2 -0.2 -0.5 0.0 0.0 XII HEADGEAR, UMBRELLAS, ARTIFICIAL FLOWERS, ETC............................. 1.238 101.7 101.7 1.1 0.2 0.1 0.1 0.0 64 Footwear and parts of such articles................ 1.045 101.4 101.5 0.5 -0.1 0.0 0.0 0.1 XIII STONE, PLASTER, CEMENT, ASBESTOS, CERAMICS, GLASS ETC................................. 0.966 110.4 110.5 1.7 0.4 0.2 0.6 0.1 68 Articles of stone, plaster, cement, asbestos, or mica (Dec. 2001=100)............ 0.336 102.7 102.7 -0.6 0.2 -0.2 0.0 0.0 69 Ceramic products.................................... 0.305 116.6 116.6 4.4 0.4 0.1 1.7 0.0 70 Glass and glassware................................. 0.325 111.1 111.3 1.5 0.6 0.6 0.4 0.2 XIV PEARLS, STONES, PRECIOUS METALS, IMITATION JEWELRY, AND COINS........................ 2.867 133.4 132.5 5.9 1.7 -0.7 1.1 -0.7 XV BASE METALS AND ARTICLES OF BASE METAL.................... 6.803 174.4 177.0 12.1 1.4 3.0 3.3 1.5 72 Iron and steel...................................... 1.549 200.2 207.1 19.2 3.0 2.8 0.5 3.4 73 Articles of iron or steel........................... 1.457 128.0 128.5 2.7 0.4 0.3 0.5 0.4 74 Copper and articles thereof......................... 0.930 306.0 307.6 5.5 1.0 11.4 15.3 0.5 76 Aluminum and articles thereof....................... 1.132 147.9 147.5 -1.7 -0.5 -0.1 1.4 -0.3 82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof.......... 0.356 108.1 107.9 0.2 0.0 0.1 0.1 -0.2 83 Miscellaneous articles of base metal................ 0.476 124.6 125.0 5.5 0.2 -1.0 0.2 0.3 XVI MACHINERY, ELECTRICAL EQUIPMENT, TV IMAGE & SOUND RECORDERS, PARTS, ETC................. 24.258 87.6 87.7 -0.5 -0.1 -0.2 0.0 0.1 84 Machinery and mechanical appliances; parts thereof.. 12.526 88.0 88.2 -0.1 -0.3 -0.1 0.0 0.2 85 Electrical machinery and equip, sound and TV recorders & reproducers, parts........ 11.732 87.2 87.3 -0.7 -0.1 -0.3 0.0 0.1 XVII VEHICLES, AIRCRAFT, VESSELS AND ASSOCIATED TRANSPORT EQUIPMENT...................... 12.650 105.7 105.9 1.0 0.1 0.1 0.1 0.2 87 Motor vehicles and their parts...................... 11.676 104.9 105.0 0.7 0.0 0.0 0.2 0.1 88 Aircraft, spacecraft, and parts thereof (Dec. 2002=100)...................... 0.862 108.8 108.9 2.2 0.1 0.6 0.1 0.1 XVIII OPTICAL, PHOTO, MEASURING, MEDICAL & MUSICAL INSTRUMENTS; & TIMEPIECES................... 2.978 99.2 99.4 -0.2 0.2 0.2 -0.1 0.2 90 Optical, photographic, measuring and medical instruments.......................... 2.644 97.4 97.7 -0.6 0.1 0.3 -0.2 0.3 91 Clocks and watches and parts thereof................ 0.245 115.9 116.1 3.8 0.6 -0.2 0.1 0.2 XX MISCELLANEOUS MANUFACTURED ARTICLES....................... 3.817 100.9 101.0 1.5 0.1 0.1 -0.1 0.1 94 Furniture & stuffed furnishings; lamps & lighting fittings, nesoi; prefab bldg........ 2.170 104.4 104.4 1.1 0.1 0.1 -0.1 0.0 95 Toys, games and sports equipment; parts and accessories thereof...................... 1.437 96.1 96.1 1.9 0.1 0.1 0.1 0.0 96 Miscellaneous manufactured articles................. 0.210 106.4 106.5 3.7 -0.1 0.3 -0.2 0.1 1 Relative importance figures are based on 2005 trade values. 2 Product categories included in this group have been modified due to concordance or coverage limitations. NOTES: Data may be revised in each of the three months after original publication. n.a. Not available Table 6 U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods June 2006-June 2007 2000=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly Harmo- ance June Feb. March April May nized Description 2006 2007 2007 2007 2007 System May May June to to to to to 2007 2007 2007 June March April May June 1/ 2007 2007 2007 2007 2007 I LIVE ANIMALS; ANIMAL PRODUCTS............................. 1.570 150.2 153.3 22.5 3.2 1.6 0.5 2.1 02 Meat & edible meat offal (Dec. 2006=100)............ 0.813 119.3 125.3 n.a. 3.8 1.2 3.7 5.0 03 Fish and crustaceans, molluscs and other aquatic invertebrates.................. 0.425 125.9 123.9 0.9 2.4 5.9 -4.2 -1.6 II VEGETABLE PRODUCTS........................................ 4.059 154.8 159.4 21.7 3.0 -3.0 -0.6 3.0 08 Edible fruit and nuts; peel of citrus fruit or melons.............................. 0.681 121.1 117.7 2.8 -1.2 11.8 -3.7 -2.8 10 Cereals............................................. 1.817 174.3 179.2 30.9 3.7 -10.0 5.4 2.8 12 Oilseeds and misc. grains, seeds, fruits, plants, straw and fodder............. 1.033 143.8 157.4 29.5 1.3 1.2 -3.2 9.5 IV PREPARED FOODSTUFFS, BEVERAGES, AND TOBACCO......................................... 2.305 120.7 120.7 7.3 0.7 0.1 0.1 0.0 21 Miscellaneous edible preparations................... 0.424 111.7 111.1 2.8 0.7 -0.1 0.0 -0.5 23 Residues and waste from the food industries; prepared animal feed............. 0.484 142.1 143.6 13.2 0.1 -0.4 -0.5 1.1 V MINERAL PRODUCTS.......................................... 4.411 241.5 243.9 2.3 3.5 4.5 0.4 1.0 27 Mineral fuels, oils and residuals, bituminous substances and mineral wax........ 3.672 228.3 230.9 5.1 3.7 6.2 -0.6 1.1 VI PRODUCTS OF THE CHEMICAL OR ALLIED INDUSTRIES...................................... 11.737 128.4 128.7 4.8 0.6 0.6 1.3 0.2 28 Inorganic chemicals................................. 1.105 149.3 148.9 -4.1 0.9 -0.6 -1.5 -0.3 29 Organic chemicals................................... 3.878 148.3 149.0 8.7 1.9 1.4 4.2 0.5 30 Pharmaceutical products............................. 2.501 113.4 113.5 4.0 -0.4 0.2 0.5 0.1 32 Tanning or dyeing extracts, dyes, paints, varnish, putty, & inks............... 0.593 113.2 113.3 2.3 0.5 -0.1 -0.4 0.1 33 Essential oils and resinoids; perfumery, cosmetic or toilet................ 0.684 116.9 117.2 2.1 -0.2 -0.1 0.8 0.3 34 Soap; lubricants; waxes, polishing or scouring products; candles, pastes........... 0.406 110.5 110.6 1.0 0.0 -0.3 0.5 0.1 38 Miscellaneous chemical products..................... 1.677 119.3 119.7 7.3 0.1 0.3 -0.2 0.3 VII PLASTICS AND ARTICLES THEREOF; RUBBER AND ARTICLES THEREOF............................ 5.456 130.7 131.4 2.1 0.2 0.6 0.8 0.5 39 Plastics and articles thereof....................... 4.369 126.6 127.4 1.4 0.1 0.6 1.0 0.6 40 Rubber and articles thereof......................... 1.087 148.1 148.1 4.6 0.5 1.0 0.1 0.0 VIII RAW HIDES, SKINS, LEATHER, FURSKINS, TRAVEL GOODS, ETC............................... 0.485 124.5 124.0 6.2 -0.1 -0.3 -0.3 -0.4 IX WOOD, WOOD CHARCOAL, CORK, STRAW, BASKETWARE AND WICKERWORK....................... 0.732 113.1 113.8 5.6 1.1 0.3 0.0 0.6 X WOODPULP, RECOVERED PAPER, AND PAPER PRODUCTS...................................... 2.675 109.8 110.4 4.6 0.0 0.1 -0.1 0.5 47 Woodpulp and recovered paper........................ 0.650 110.3 112.7 16.2 -0.3 -2.4 -1.5 2.2 48 Paper and paperboard; articles of paper pulp, paper or paperboard.................... 1.451 108.5 108.2 2.2 0.2 0.7 0.3 -0.3 49 Printed material.................................... 0.574 116.0 117.0 -0.1 0.2 1.3 1.0 0.9 XI TEXTILE AND TEXTILE ARTICLES.............................. 2.399 100.9 102.0 0.1 0.3 -0.3 -1.4 1.1 52 Cotton, including yarns and woven fabrics thereof... 0.632 90.2 92.7 -1.6 0.7 -0.8 -3.7 2.8 XIII STONE, PLASTER, CEMENT, ASBESTOS, CERAMICS, GLASS ETC................................. 0.799 108.0 108.5 4.2 -0.2 0.5 0.0 0.5 70 Glass and glassware................................. 0.427 96.0 95.9 0.5 0.0 0.0 0.1 -0.1 XIV PEARLS, STONES, PRECIOUS METALS, IMITATION JEWELRY, AND COINS........................ 3.577 163.1 163.0 15.0 2.9 -0.2 -5.0 -0.1 XV BASE METALS AND ARTICLES OF BASE METALS................... 6.144 169.0 168.7 11.1 2.4 1.6 2.2 -0.2 72 Iron and steel...................................... 1.581 203.7 202.9 16.8 5.0 4.5 1.7 -0.4 73 Articles of iron or steel........................... 1.493 151.6 151.7 12.7 1.3 0.1 4.9 0.1 74 Copper and articles thereof......................... 0.683 242.4 242.5 5.2 3.0 3.1 1.0 0.0 76 Aluminum and articles thereof....................... 1.063 150.7 149.5 2.4 0.2 0.1 1.4 -0.8 82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof.......... 0.406 114.6 114.6 3.6 0.1 0.5 0.0 0.0 83 Miscellaneous articles of base metal................ 0.406 127.3 127.6 3.1 0.6 0.5 0.2 0.2 XVI MACHINERY, ELECTRICAL EQUIPMENT, TV IMAGE AND SOUND RECORDERS, PARTS, ETC............... 31.877 94.2 94.2 0.4 0.0 0.1 0.1 0.0 84 Machinery and mechanical appliances; parts thereof.. 18.239 102.4 102.5 1.0 -0.1 -0.1 0.1 0.1 85 Electrical machinery and equipment and parts and accessories thereof............ 13.638 85.2 85.1 -0.2 0.2 0.4 0.0 -0.1 XVII VEHICLES, AIRCRAFT, VESSELS AND ASSOCIATED TRANSPORT EQUIPMENT...................... 13.761 113.5 113.7 2.0 0.1 0.0 0.2 0.2 87 Motor vehicles and their parts...................... 8.873 105.6 105.7 1.1 0.0 0.1 0.1 0.1 XVIII OPTICAL, PHOTO, MEASURING, MEDICAL & MUSICAL INSTRUMENTS; & TIMEPIECES................... 6.195 103.4 103.4 1.0 0.2 -0.1 0.1 0.0 XX MISCELLANEOUS MANUFACTURED ARTICLES....................... 1.453 104.7 104.9 3.8 0.4 1.6 0.1 0.2 94 Furniture; stuffed furnishings; lamps and lighting fittings nesoi;........... 0.800 113.3 113.7 6.3 0.4 0.3 0.1 0.4 95 Toys, games and sports equipment; parts and accessories thereof...................... 0.487 89.6 89.6 -5.1 0.8 3.2 0.0 0.0 1 Relative importance figures are based on 2005 trade values. 2 Product categories included in this group have been modified due to concordance or coverage limitations. NOTES: Data may be revised in each of the three months after original publication. n.a. Not available Table 7 U.S. Import Price Indexes and Percent Changes by Locality of Origin June 2006-June 2007 2000=100, unless otherwise noted Index Percent Change Annual Monthly Percentage June Feb. March April May Description of 2006 2007 2007 2007 2007 U.S. May June to to to to to Imports 2007 2007 June March April May June 1/ 2007 2007 2007 2007 2007 2/ Industrialized Countries............................ 44.813 120.1 121.0 3.1 1.3 0.6 1.3 0.7 Nonmanufactured Articles....................... 4.582 198.7 205.0 7.9 5.5 1.8 5.2 3.2 Manufactured Articles.......................... 39.766 113.9 114.5 2.4 0.8 0.4 0.8 0.5 3/ Other Countries..................................... 55.204 116.3 118.2 2.3 1.8 1.6 1.2 1.6 Nonmanufactured Articles....................... 11.023 210.4 220.9 2.6 4.5 6.7 2.5 5.0 Manufactured Articles.......................... 43.982 103.1 103.7 2.5 1.1 0.3 0.8 0.6 Canada.............................................. 17.052 134.3 136.0 4.1 1.6 1.6 1.5 1.3 Nonmanufactured Articles....................... 3.871 198.1 203.3 7.5 5.4 0.9 4.5 2.6 Manufactured Articles.......................... 12.851 122.7 123.7 3.1 0.3 1.8 0.8 0.8 4/ European Union...................................... 17.908 122.4 122.9 2.1 0.4 -0.1 1.0 0.4 Nonmanufactured Articles....................... 0.389 249.8 263.8 13.8 6.5 4.5 16.5 5.6 Manufactured Articles.......................... 17.406 119.9 120.1 1.8 0.3 -0.2 0.5 0.2 France (Dec. 2003=100).............................. 1.888 108.9 109.5 5.5 -0.1 -0.1 1.4 0.6 Germany (Dec. 2003=100)............................. 5.008 107.4 107.8 4.0 0.4 0.5 0.4 0.4 United Kingdom (Dec. 2003=100)...................... 2.845 121.7 122.6 2.3 1.1 0.8 2.8 0.7 5/ Latin America....................................... 17.619 144.0 146.7 2.7 2.5 1.4 2.9 1.9 Nonmanufactured Articles....................... 4.822 217.1 226.8 4.4 3.5 6.3 2.5 4.5 Manufactured Articles.......................... 12.721 130.5 131.4 1.9 2.1 -0.6 3.1 0.7 Mexico (Dec. 2003=100).............................. 10.163 123.8 126.1 5.8 1.2 2.2 0.7 1.9 6/ Pacific Rim (Dec. 2003=100)......................... 33.452 98.3 98.6 -0.1 0.0 0.0 0.1 0.3 China (Dec. 2003=100)............................... 14.941 97.7 98.0 0.6 0.2 0.0 0.3 0.3 Japan............................................... 8.308 93.9 94.0 -0.7 0.1 0.0 0.0 0.1 7/ Asian NICs.......................................... 6.124 88.2 88.5 -0.8 0.0 -0.5 -0.1 0.3 8/ ASEAN (Dec. 2003=100)............................... 5.993 96.2 96.4 -1.2 -0.3 -0.7 0.2 0.2 9/ Asia Near East (Dec. 2003=100)...................... 3.765 184.2 190.9 1.3 5.0 2.8 3.5 3.6 1 Percentage of trade figures are based on 2005 trade values. 2 Includes Western Europe, Canada, Japan, Australia, New Zealand and South Africa. 3 Includes Eastern Europe, Latin America, OPEC countries, and other countries in Asia, Africa and the Western Hemisphere. 4 Includes European Union countries. 5 Includes Mexico, Central America, South America and the Caribbean. 6 Includes China, Japan, Australia, Brunei, Indonesia, Macao, Malaysia, New Zealand, Papua New Guinea, Philippines, and Asian Newly Industrialized Countries. 7 Asian Newly Industrialized Countries. Includes Hong Kong, Singapore, South Korea and Taiwan. 8 Association of Southeast Asian Nations. Includes Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam. 9 Includes Bahrain, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, Syria, United Arab Emirates and Yemen. NOTES: Data may be revised in each of the three months after original publication. Regions are not mutually exclusive. n.a. Not available Table 8 U.S. International Price Indexes and Percent Changes for Selected Transportation Services June 2006-June 2007 2000=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance June Feb. March April May Description 2006 2007 2007 2007 2007 May May June to to to to to 2007 2007 2007 June March April May June 1/ 2007 2007 2007 2007 2007 AIR FREIGHT Import Air Freight................................ 100.000 132.5 132.3 -2.1 -0.1 0.3 1.1 -0.2 Europe (Dec. 2003=100)....................... 28.202 132.3 132.3 0.6 0.2 -1.0 3.3 0.0 Asia......................................... 60.927 114.8 114.5 -4.4 -0.2 0.9 0.1 -0.3 Export Air Freight................................ 100.000 117.5 117.0 0.9 0.0 0.3 0.2 -0.4 Europe (Dec. 2006=100)....................... 39.052 100.9 100.4 n.a. 0.0 -0.5 0.2 -0.5 Inbound Air Freight............................... 100.000 127.5 127.3 -1.5 0.0 0.2 0.5 -0.2 Europe (Dec. 2003=100)....................... 30.125 127.6 127.6 1.4 0.3 -0.7 2.4 0.0 Asia......................................... 57.111 109.3 108.9 -3.4 -0.1 0.7 -0.5 -0.4 Outbound Air Freight.............................. 100.000 114.3 114.3 -2.5 -0.1 0.8 1.0 0.0 Europe (Dec. 2003=100)....................... 41.866 129.0 129.5 -3.4 -0.1 0.9 0.9 0.4 Asia......................................... 40.640 104.6 104.2 -4.6 -0.1 0.6 1.1 -0.4 AIR PASSENGER FARES Import Air Passenger Fares........................ 100.000 127.5 144.6 5.8 0.1 3.5 0.2 13.4 Europe....................................... 44.719 130.5 153.9 15.5 0.5 8.8 1.2 17.9 Asia......................................... 24.791 116.1 135.5 2.3 0.3 1.9 0.6 16.7 Latin America/Caribbean...................... 12.546 115.5 116.0 -0.5 0.0 -7.8 1.2 0.4 Export Air Passenger Fares........................ 100.000 149.5 147.3 5.7 0.8 2.6 3.9 -1.5 Europe....................................... 31.012 180.8 180.1 6.3 1.4 8.3 1.3 -0.4 Asia......................................... 31.954 121.9 116.7 3.2 -0.7 -0.1 11.2 -4.3 Latin America/Caribbean...................... 20.257 164.0 163.9 9.9 1.1 -0.6 -1.8 -0.1 Inbound Air Passenger Fares (Dec. 2003=100)....... 100.000 128.4 127.2 5.1 1.1 3.4 3.9 -0.9 Europe (Dec. 2003=100)....................... 39.117 130.7 130.9 6.0 1.6 9.5 1.2 0.2 Asia (Dec. 2003=100)......................... 29.993 117.2 112.6 2.0 1.5 -1.1 11.0 -3.9 Latin America/Caribbean (Dec. 2003=100)...... 12.849 124.1 124.4 6.0 -1.2 -2.1 -1.8 0.2 Canada (Dec. 2003=100)....................... 7.733 166.1 172.1 6.5 0.3 0.0 4.1 3.6 Outbound Air Passenger Fares (Dec. 2003=100)...... 100.000 124.3 136.9 6.4 -0.1 3.5 0.6 10.1 Europe (Dec. 2003=100)....................... 40.373 134.8 157.3 13.1 0.2 8.6 1.1 16.7 Asia (Dec. 2003=100)......................... 22.679 112.8 125.4 3.7 -0.1 2.3 2.9 11.2 Latin America/Caribbean (Dec. 2003=100)...... 21.954 111.8 111.6 1.5 -0.1 -2.5 0.0 -0.2 Canada (Dec. 2003=100)....................... 6.378 163.1 167.4 7.7 0.0 -1.8 -1.2 2.6 CRUDE OIL TANKER FREIGHT 2/ Inbound Crude Oil Tanker Freight.................. 100.000 n.a. n.a. n.a. 1.2 -1.0 n.a. n.a. OCEAN LINER FREIGHT Inbound Ocean Liner Freight....................... 100.000 113.1 112.5 -2.1 -0.4 0.2 0.3 -0.5 U.S. East Coast.............................. 56.164 117.2 117.3 -2.4 -0.6 0.1 0.6 0.1 From Atlantic.......................... 24.368 115.0 115.0 -4.4 -1.6 0.7 0.0 0.0 From Pacific........................... 23.216 122.6 122.7 2.1 0.1 -0.5 1.4 0.1 U.S. West Coast.............................. 43.836 111.4 109.9 -2.0 0.2 0.1 0.0 -1.3 1 Relative importance figures are based on 2005 trade values. 2 Publication of the Crude Oil Tanker Freight Indexes is lagged two months, as are the relative importance figures. NOTES: Data may be revised in each of the three months after original publication. n.a. Not available Table 9 U.S. Export Price Indexes and Percent Changes for Travel and Tourism Services May 2006-May 2007 December 2006=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance May Jan. Feb. March April Description 2006 2007 2007 2007 2007 April April May to to to to to 2007 2007 2007 May Feb. March April May 1/ 2007 2007 2007 2007 2007 Export Travel and Tourism............. 100.000 105.3 105.3 n.a. 2.4 2.2 0.2 0.0 From Europe...................... 39.797 106.4 106.1 n.a. 3.0 2.1 0.6 -0.3 From Asia........................ 31.596 103.3 104.0 n.a. 1.5 2.9 0.0 0.7 From Latin America/Caribbean..... 15.401 105.6 105.1 n.a. 3.0 1.5 -0.5 -0.5 From Canada...................... 8.868 107.7 105.8 n.a. 2.2 1.6 0.7 -1.8 1 Relative importance figures are based on 2005 trade values. NOTES: Data may be revised in each of the three months after original publication. n.a. Not available Table 10 U.S. Export Price Indexes and Percent Changes for Postsecondary Education Services Academic Year 2001/02 to 2006/07 Academic Year 2001/02 = 100, unless otherwise noted Relative Index Annual Percent Change Import- ance Academic Year Academic Years Description Academic 2001/02 2002/03 2003/04 2004/05 2005/06 Year 2005/06 2006/07 to to to to to 2005/06 2002/03 2003/04 2004/05 2005/06 2006/07 1/ EXPORT POSTSECONDARY EDUCATION Tuition & Fees and Room & Board......... 100.000 128.8 135.1 6.5 7.5 7.0 5.1 4.9 Graduate............................. 53.006 128.5 134.6 6.4 7.4 7.0 5.1 4.7 Undergraduate........................ 46.994 129.0 135.7 6.6 7.7 6.8 5.2 5.2 Private.............................. 47.874 123.0 129.4 5.2 5.7 5.1 5.2 5.2 Public............................... 52.126 134.2 140.5 7.8 9.2 8.6 5.0 4.7 Tuition & Fees....................... 73.181 131.6 138.2 7.1 8.4 7.8 5.2 5.0 Graduate Tuition & Fees......... 38.417 131.4 137.7 7.0 8.3 7.8 5.2 4.8 Undergraduate Tuition & Fees.... 34.764 131.7 138.8 7.2 8.6 7.6 5.2 5.4 Private Tuition & Fees.......... 35.497 124.3 131.2 5.6 6.1 5.3 5.4 5.6 Public Tuition & Fees........... 37.686 138.7 145.1 8.7 10.7 9.8 5.0 4.6 Room & Board......................... 26.819 121.5 127.1 5.0 5.1 4.9 4.9 4.6 Graduate Room & Board........... 14.589 121.3 127.1 5.0 5.1 5.0 4.7 4.8 Undergraduate Room & Board...... 12.230 121.7 127.2 5.0 5.1 4.9 5.1 4.5 Private Room & Board............ 12.377 119.1 124.3 4.2 4.8 4.5 4.4 4.4 Public Room & Board............ 14.440 123.6 129.5 5.7 5.5 5.2 5.4 4.8 1 Relative importance figures are based on 2005/06 academic year trade values. TECHNICAL NOTE Import and Export Merchandise and Services Price Indexes -- All indexes use a modified Laspeyres formula and are not seasonally adjusted. Price indexes for merchandise goods are reweighted annually, with a two-year lag in the weights. Published series use a base year of 2000=100 where possible. More detailed index series and additional information may be obtained at http://www.bls.gov/mxp, or by calling (202) 691-7101. Merchandise Goods Classification Systems -- The merchandise price indexes are published using three classification systems. Items are classified, respectively, by end use for the Bureau of Economic Analysis System, industry for the North American Industry Classification System (NAICS), and product category for the Harmonized System (HS). While classification by end use and product category are self-explanatory, a couple of notes are in order for classifying items by industry. In the NAICS tables, for both imports and exports, items are classified by output industry, not input industry. As an example, NAICS import index 326 (plastics and rubber products) would include outputs such as manufactured plastic rather than inputs such as petroleum. The NAICS classification structure also matches the classification system used by the PPI to produce the NAICS primary products indexes. Import Price Indexes -- Products have been classified by the 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 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. Services Price Indexes -- Price indexes for internationally traded services are presented using two definitions: Balance of Payments (which represent transactions between U.S. and foreign residents) and International (which represent transactions inbound to and outbound from the U.S.). The Air Passenger Fares Indexes are calculated from data collected from a commercial airline reservation system. These data exclude frequent flyer tickets and those sold by consolidators. The Crude Oil Tanker Freight Indexes are calculated from data collected by the U. S. Department of Energy, and the publication of these indexes is lagged two months. The Air Freight and Ocean Liner Freight Indexes are calculated from data collected directly from companies. The Export Travel and Tourism Indexes are calculated from a subset of BLS Consumer Price Index data, and the publication of these indexes is lagged one month. The indexes are published by the country of residence of those traveling to the United States. Post-secondary Education Indexes are calculated from preliminary data collected by the U.S. Department of Education, and are calculated annually. Export post- secondary education refers to receipts from foreign students studying at U.S. institutions, including colleges, universities, and technical/professional schools. Fact sheets specifying detailed information for each services industry are available at http://www.bls.gov/mxp under "Publications and Other Documentation." Import Indexes by Locality of Origin -- Prices used in these indexes are a subset of the data collected for the Import Price Indexes. Beginning with January 2002, the indexes are defined by locality of origin using a nomenclature based upon the North American Industry Classification System (NAICS). Nonmanufactured goods are defined as NAICS 11 and 21, and manufactured goods are defined as NAICS 31-33. Revision Policy -- To reflect the availability of late reports and corrections by respondents, monthly data may be revised in each of the three months after original publication. After three months, no further data revisions take place. So, for example, data released in the January release will be subject to revision in the releases for February, March, and April. Uses of the Data -- The primary use of the indexes is to deflate trade statistics, notably the foreign trade sector of the National Income and Product Accounts constructed by the Department of Commerce. Other published indexes are useful for general market analysis. For trade in international services, Balance of Payments indexes are used for deflating National Income and Product Accounts, 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. Mailing List -- If you wish to be added to the mailing list to receive a copy of the U.S. Import and Export Price Index News Release, please either call the IPP information line at (202) 691-7101 or send e-mail to (mxpinfo@bls.gov) to provide your name and mailing address. You may also contact the IPP at the following address: Division of International Prices Bureau of Labor Statistics PSB Building, Rm. 3955 2 Massachusetts Avenue, N.E. Washington, DC 20212-0001 The information you provide will be used to register you for delivery of selected publications. The Bureau of Labor Statistics (BLS) is authorized to request this information under 5 United States Code (USC) Section 301. Furnishing such information is voluntary; however, BLS may not be able to register you for the subscription service if you fail to do so. As part of helping us assess the quality of our customer service, BLS may contact subscribers with a customer service survey. In addition, the IPP news release is now available through an e-mail subscription service at (http://www.bls.gov/mxp) or (http://www.bls.gov/bls/newsrels.htm). Additional Information -- More detailed IPP data are available on the IPP home page at (http://www.bls.gov/mxp). Flat Files and the FTP server are available for users requiring access to either a large volume of time series data or other IPP-related documentation. The FTP site can be accessed at ftp://ftp.bls.gov. For technical assistance in using the BLS Internet site, send e-mail to (labstat.helpdesk@bls.gov). For IPP data requests, send e-mail to (mxpinfo@bls.gov). Information from this release will be made available to sensory impaired individuals upon request. Voice phone: 202-691-5200; Federal Relay Service: 1-800-877-8339.