Technical Information: Jim Thomas (202) 606-7155 USDL-98-417 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 Wednesday, October 14, 1998 U.S. IMPORT AND EXPORT PRICE INDEXES -SEPTEMBER 1998- The U.S. Import Price Index declined 0.1 percent in September, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. The decrease was attributable to the ongoing decline in nonpetroleum import prices. The U.S. Export Price Index fell 0.5 percent in September, as both agricultural and non-agricultural export prices declined. 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 1997 September -0.1 0.2 0.0 -0.3 -0.1 -0.3 October 0.2 5.6 -0.3 -0.4 -1.8 -0.2 November -0.4 -3.5 -0.2 0.0 0.7 -0.1 December -1.0 -6.8 -0.4 -0.4 -0.8 -0.4 1998 January -1.3 -10.0 -0.6 -0.7 -2.7 -0.4 February -0.9 -6.5 -0.4 -0.3 -1.5 -0.2 March -0.8 -9.0 -0.3 -0.3 -0.5 -0.3 April -0.3 0.4 -0.3 -0.4 -1.6 -0.2 May -0.1 0.5 -0.2 0.1 1.0 -0.1 June -0.6 r -4.4 r -0.4 -0.5 r 0.0 -0.5 July -0.9 r -5.3 r -0.4 r -0.2 r 0.3 -0.3 August -0.3 0.9 r -0.4 r -0.5 r -4.0 r -0.1 September -0.1 1.1 -0.2 -0.5 -2.6 -0.3 September 1996-97 -3.5 -15.0 -2.2 -0.9 -6.7 -0.2 September 1997-98 -6.5 -32.2 -4.2 -4.1 -12.8 -3.1 r = revised to reflect late reports and corrections by respondents. Import Goods The 0.1 percent decrease last month continued the downward trend in import prices, which fell 6.5 percent in the year ended in September. For the second consecutive month, falling prices for nonpetroleum imports outweighed slight gains for petroleum prices. The index for nonpetroleum imports, which has posted only two monthly increases over the past three years, was down 0.2 percent in September after falling 0.4 percent in each of the previous three months. In contrast, prices for petroleum imports continued a modest turnaround, rising 1.1 percent in September after gaining 0.9 percent in August. Despite these gains, over the past 12 months the index for petroleum prices fell 32.2 percent. Declines in all the major finished goods areas, as well as industrial supplies and materials, contributed to the decrease in nonpetroleum import prices last month. Imported capital goods prices continued to decline, falling 0.5 percent in September. Prices for capital goods fell 6.9 percent for the year ended in September, compared to 6.7 percent over the September 1996-97 period. Prices for nonpetroleum industrial supplies and materials were also down in September, falling 0.4 percent after posting larger decreases in the preceding three months. The index fell 6.9 percent for the year. More modest declines were again posted for autos and consumer goods, both down 0.1 percent in September after falling 0.2 percent in August. Over the past year, these indexes fell 0.6 percent and 1.4 percent, respectively. In contrast, foods, feeds, and beverages increased 1.6 percent in September after decreasing 2.4 percent in August and 0.7 percent in July. Over the past 12 months the index fell 4.0 percent. Export Goods The price index for all exports decreased 0.5 percent for the second month in a row. For the year ended in September, export prices fell 4.1 percent. The index for agricultural prices decreased 2.6 percent in September after dropping 4.0 percent in August - with the decline again largely attributable to falling prices for grains and oilseeds. For the 12 months ended in September, agricultural export prices fell 12.8 percent. The index of nonagricultural exports decreased 0.3 percent in September and was down 3.1 percent for the year. The September decline in this index was led by a 1.0 percent drop in prices for nonagricultural industrial supplies and materials, which were down 7.6 percent for the year. The index of capital goods, the largest component of U.S. exports, dipped 0.1 percent in September and was down 2.2 percent over the past year. Exported consumer goods and automotive vehicle prices continued to post little movement for the third consecutive month. The index for consumer goods edged up a modest 0.1 percent, while the index for automotive vehicles was unchanged in September. Both recorded no change in August. Over the past year, consumer goods prices dipped 0.6 percent, while automotive vehicle prices rose 0.3 percent. Imports by Locality of Origin The price index for imports from the Asian Newly Industrialized countries continued to fall, dropping 0.7 percent in September. Over the past 12 months, the index was down 9.3 percent, compared to a 3.7 percent decline in the previous 12 months. (See table 7.) The price index of imports from Japan continued a three-year downward trend, decreasing 0.5 percent in September. Over the past 12 months the index declined 5.7 percent, compared with a 4.7 percent drop for the September 1996-97 period. In addition, the price index for imports from Canada fell 0.5 percent last month, after edging down 0.2 percent in August. This index was down 4.3 percent on average for the year ended in September. In contrast, the indexes for imports from Latin America and the European Union increased last month, rising 0.4 percent and 0.1 percent, respectively. The gains were attributable to an increase in prices for nonmanufactured goods. Import and Export Services The import air freight index resumed a downward trend, falling 1.5 percent from June to September, after a second quarter increase of 1.2 percent. Over the past year, the index was down 9.4 percent. In contrast, the export air freight index recorded a 1.2 percent increase in the third quarter. Despite the upturn, the index was still down 1.0 percent for the September 1997-98 period. The import air passenger fares index edged up 0.2 percent from June to September after gaining 9.0 percent in the second quarter. The index was up 1.2 percent for the year. Export air passenger fares also continued to increase, rising 0.3 percent in the third quarter. For the year ended in September, however, the index fell 4.6 percent. The import ocean liner freight index increased 0.4 percent in the third quarter following a 7.9 percent increase from March to June. Over the past year the index was up 6.2 percent. CONTENTS OF RELEASE This news release includes the following tables: Table 1 Import Price Indexes, by End Use.....page 4 Table 2 Export Price Indexes, by End Use.....page 5 Table 3 Import Price Indexes, by SITC.....pages 6-7 Table 4 Export Price Indexes, by SITC.....pages 8-9 Table 5 Import Price Indexes, by Harmonized System.....pages 10-11 Table 6 Export Price Indexes, by Harmonized System.....pages 12-13 Table 7 Import Price Indexes, by Locality of Origin.....page 14 Table 8 U.S. Import and Export Price Indexes for Services.....page 15 Table 9 U.S. International Price Indexes for Services.....page 16 ------------------------------------------------------------------- Import and Export Price Index data for October are scheduled for release on November 18 at 10:00 a.m. (EST). Table 1 U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods, September 1997-September 1998 1995=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance Sept. May June July Aug. END Description 1997 1998 1998 1998 1998 USE August August September to to to to to 1998 1998 1998 Sept. June July Aug. Sept. 1/ 2/ 1998 1998 1998 1998 1998 ALL COMMODITIES.............................. 100.000 91.5 91.4 -6.5 -0.6 -0.9 -0.3 -0.1 ALL IMPORTS EXCLUDING PETROLEUM.............. 93.951 92.9 92.7 -4.2 -0.4 -0.4 -0.4 -0.2 0 FOODS, FEEDS, & BEVERAGES................... 4.815 94.1 95.6 -4.0 0.7 -0.7 -2.4 1.6 00 Agricultural foods, feeds & beverages, excluding distilled beverages.......... 3.348 89.8 92.2 -5.8 0.1 -0.2 -3.0 2.7 01 Nonagricultural foods (fish, distilled beverages)............................. 1.467 105.3 104.5 0.4 2.4 -1.9 -0.8 -0.8 1 INDUSTRIAL SUPPLIES & MATERIALS............. 24.719 86.2 86.1 -14.8 -1.9 -2.0 -0.2 -0.1 INDUSTRIAL SUPPLIES & MATERIALS EXCLUDING PETROLEUM................. 18.670 92.0 91.6 -6.9 -1.1 -0.9 -0.6 -0.4 INDUSTRIAL SUPPLIES & MATERIALS, DURABLE............................. 9.883 93.2 92.7 -7.2 -1.8 -0.9 0.0 -0.5 INDUSTRIAL SUPPLIES & MATERIALS, NONDURABLE EXCLUDING PETROLEUM...... 8.787 90.7 90.2 -6.6 -0.2 -0.9 -1.2 -0.6 10 Fuels & lubricants......................... 7.222 75.3 76.1 -29.0 -3.9 -4.3 0.3 1.1 100 Petroleum & petroleum products............ 6.050 70.9 71.7 -32.2 -4.4 -5.3 0.9 1.1 1000 Crude................................... 4.625 68.3 70.0 -33.4 -5.7 -4.0 1.6 2.5 11 Paper & paper base stocks.................. 1.865 80.3 79.2 -5.0 1.0 -0.6 -1.1 -1.4 12 Materials associated with nondurable supplies & materials................... 5.964 89.1 88.7 -7.0 -0.2 -1.4 -0.8 -0.4 13 Selected building materials................ 2.174 104.2 104.5 -6.4 -2.7 3.1 1.4 0.3 14 Unfinished metals associated with durable goods.......................... 4.526 90.2 89.0 -9.6 -2.6 -2.5 -0.4 -1.3 15 Finished metals associated with durable goods.................................. 1.487 92.9 93.3 -3.1 0.1 -0.3 0.1 0.4 16 Nonmetals associated with durable goods.... 1.481 89.4 88.6 -5.8 0.2 -1.9 -0.4 -0.9 2 CAPITAL GOODS............................... 28.387 84.7 84.3 -6.9 -0.7 -0.7 -0.4 -0.5 20 Electric & electrical generating equipment.............................. 3.466 94.1 92.8 -4.1 0.1 -0.7 0.0 -1.4 21 Nonelectrical machinery.................... 23.107 81.7 81.4 -7.8 -0.8 -0.8 -0.4 -0.4 3 AUTOMOTIVE VEHICLES, PARTS & ENGINES........ 18.884 100.7 100.6 -0.6 -0.1 -0.1 -0.2 -0.1 4 CONSUMER GOODS, EXCLUDING AUTOMOTIVES............................ 23.195 97.9 97.8 -1.4 -0.1 -0.1 -0.2 -0.1 40 Nondurables, manufactured.................. 11.602 100.8 100.8 0.0 0.2 -0.1 0.0 0.0 41 Durables, manufactured..................... 10.467 94.9 94.8 -2.7 -0.5 -0.2 -0.2 -0.1 42 Nonmanufactured consumer goods............. 1.127 97.1 97.7 -2.2 -0.6 0.0 -1.6 0.6 1 Relative importance figures are based on n.a. Not available 1995 trade values. 2 Data for June, July and August 1998 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, September 1997-September 1998 1995=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance Sept. May June July Aug. END Description 1997 1998 1998 1998 1998 USE August August September to to to to to 1998 1998 1998 Sept. June July Aug. Sept. 1/ 2/ 1998 1998 1998 1998 1998 ALL COMMODITIES.............................. 100.000 95.4 94.9 -4.1 -0.5 -0.2 -0.5 -0.5 AGRICULTURAL COMMODITIES..................... 9.781 89.7 87.4 -12.8 0.0 0.3 -4.0 -2.6 NONAGRICULTURAL COMMODITIES.................. 90.219 96.0 95.7 -3.1 -0.5 -0.3 -0.1 -0.3 0 FOODS, FEEDS, & BEVERAGES................... 8.832 90.9 88.3 -13.3 -0.6 1.3 -3.7 -2.9 00 Agricultural foods, feeds & beverages, excluding distilled beverages.......... 8.036 90.5 87.9 -14.0 -0.6 0.6 -4.4 -2.9 01 Nonagricultural foods (fish, distilled beverages)............................. 0.796 97.1 94.6 -4.0 -1.1 8.1 6.0 -2.6 1 INDUSTRIAL SUPPLIES & MATERIALS............. 24.577 88.9 88.0 -7.5 -0.6 -1.2 -0.4 -1.0 INDUSTRIAL SUPPLIES & MATERIALS, DURABLE............................. 9.603 90.1 89.2 -6.9 -0.9 -1.0 -0.2 -1.0 INDUSTRIAL SUPPLIES & MATERIALS, NONDURABLE.......................... 14.975 88.1 87.3 -7.8 -0.3 -1.3 -0.7 -0.9 10 Agricultural industrial supplies & materials.............................. 1.745 88.0 87.0 -6.5 3.2 -1.6 -1.0 -1.1 NONAGRICULTURAL INDUSTRIAL SUPPLIES & MATERIALS.............................. 22.832 89.0 88.1 -7.6 -0.9 -1.1 -0.4 -1.0 11 Fuels & lubricants......................... 2.152 94.1 92.8 -16.3 -1.4 -5.0 -1.8 -1.4 12 Nonagricultural supplies & materials excluding fuels & building materials... 19.191 87.6 86.8 -6.5 -0.8 -0.9 -0.3 -0.9 13 Selected building materials................ 1.489 86.7 86.7 -6.6 -0.7 0.3 0.5 0.0 2 CAPITAL GOODS............................... 44.412 97.4 97.3 -2.2 -0.5 -0.1 -0.2 -0.1 20 Electric & electrical generating Equipment.............................. 4.505 100.3 100.3 -1.5 -0.3 0.0 -0.2 0.0 21 Nonelectrical machinery.................... 34.303 94.2 94.0 -2.8 -0.7 -0.1 -0.2 -0.2 3 AUTOMOTIVE VEHICLES, PARTS & ENGINES........ 10.009 102.4 102.4 0.3 0.0 0.1 0.0 0.0 4 CONSUMER GOODS, EXCLUDING AUTOMOTIVES............................ 12.170 101.9 102.0 -0.6 -0.4 0.0 0.0 0.1 40 Nondurables, manufactured.................. 6.427 101.8 101.9 -0.4 -0.2 0.1 -0.3 0.1 41 Durables, manufactured..................... 5.163 100.9 100.9 -1.0 -0.6 -0.2 0.4 0.0 1 Relative importance figures are based on n.a. Not available 1995 trade values. 2 Data for June, July and August 1998 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, September 1997-September 1998 1995=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance Sept. May June July Aug. SITC Description 1997 1998 1998 1998 1998 Rev. 3 August August September to to to to to 1998 1998 1998 Sept. June July Aug. Sept. 1/ 2/ 1998 1998 1998 1998 1998 ALL COMMODITIES.............................. 100.000 91.5 91.4 -6.5 -0.6 -0.9 -0.3 -0.1 0 FOOD AND LIVE ANIMALS....................... 4.075 94.1 95.8 -5.4 0.5 -0.5 -3.5 1.8 01 Meat and meat preparations................. 0.358 97.8 97.2 -6.4 -3.0 -0.6 0.1 -0.6 03 Fish, crustaceans, aquatic invertebrates and preparations thereof................ 1.097 104.4 103.0 -1.4 2.1 -2.7 -2.0 -1.3 05 Vegetables, fruit and nuts, fresh or dried.......................... 1.103 98.4 108.6 5.0 4.5 7.9 -11.9 10.4 07 Coffee, tea, cocoa, spices and manufactures thereof.................... 0.592 79.4 77.4 -22.6 -4.6 -10.4 7.9 -2.5 3/ Other food and live animals (9612=100)....... 0.925 92.3 91.3 -8.7 -1.2 -1.7 -2.1 -1.1 1 BEVERAGES AND TOBACCO....................... 0.915 109.7 109.7 1.8 0.3 0.2 -0.1 0.0 11 Beverages.................................. 0.771 106.3 106.4 2.0 0.4 0.2 -0.2 0.1 2 CRUDE MATERIALS, INEDIBLE, EXCEPT FUELS..... 2.823 85.7 85.9 -11.1 -1.8 -0.5 -1.8 0.2 23 Crude rubber (including synthetic and reclaimed).............................. 0.191 53.8 53.4 -28.3 1.9 -6.6 -2.0 -0.7 24 Cork and wood.............................. 1.037 106.6 107.3 -11.5 -5.1 4.2 1.0 0.7 25 Pulp and waste paper....................... 0.370 62.5 61.2 -10.3 5.1 -2.3 -3.3 -2.1 28 Metalliferous ores and metal scrap......... 0.614 94.2 93.7 -10.3 -2.2 -2.6 -1.9 -0.5 29 Crude animal and vegetable materials, n.e.s. (9612=100)....................... 0.278 100.9 106.1 2.9 -2.5 0.3 -11.0 5.2 3/ Other crude materials, inedible, except fuels (9612=100).......................... 0.334 87.1 86.5 -10.6 -0.3 -4.4 -0.7 -0.7 3 MINERAL FUELS, LUBRICANTS AND RELATED MATERIALS................................ 6.910 74.5 75.4 -29.5 -4.1 -4.3 0.3 1.2 33 Petroleum, petroleum products and related materials....................... 5.723 70.4 71.3 -32.4 -4.6 -5.2 1.1 1.3 34 Gas, natural and manufactured.............. 1.056 107.2 107.9 -12.8 -2.1 0.6 -4.8 0.7 5 CHEMICALS AND RELATED PRODUCTS, N.E.S....... 5.700 92.2 92.0 -4.4 0.0 -1.0 -0.5 -0.2 51 Organic chemicals.......................... 1.619 91.7 91.4 -5.9 0.3 -0.3 -0.3 -0.3 52 Inorganic chemicals........................ 0.689 94.6 93.9 -5.8 0.6 -1.7 -1.6 -0.7 53 Dyeing, tanning and coloring materials..... 0.300 94.8 94.8 0.9 0.1 -0.3 0.2 0.0 54 Medicinal and pharmaceutical products...... 0.955 94.9 94.6 -1.1 -0.1 -0.3 -0.1 -0.3 55 Essential oils; polishing and cleansing preps................................... 0.328 93.4 93.8 -3.2 0.2 -0.5 -1.0 0.4 57 Plastics in primary forms.................. 0.387 91.2 91.7 -1.0 -0.1 -1.0 -2.0 0.5 58 Plastics in nonprimary forms............... 0.520 77.0 76.0 -12.5 -1.1 -2.5 -0.1 -1.3 59 Chemical materials and products, n.e.s..... 0.672 99.4 99.6 -3.5 -0.4 -2.0 0.0 0.2 6 MANUFACTURED GOODS CLASSIFIED CHIEFLY BY MATERIAL.............................. 12.933 93.2 92.7 -4.2 -0.7 -0.7 -0.1 -0.5 62 Rubber manufactures, n.e.s................. 0.755 94.2 94.3 -0.8 0.3 -0.3 -0.5 0.1 63 Cork and wood manufactures other than furniture............................... 0.583 97.0 96.0 -3.4 0.9 2.6 1.9 -1.0 64 Paper, paperboard, and articles of paper pulp, paper or paper board........ 1.682 86.9 86.1 -3.0 -0.1 -0.1 -0.6 -0.9 65 Textile yarn, fabrics, made-up articles, n.e.s., and related product... 1.460 96.8 96.6 -3.4 -0.1 -0.4 0.0 -0.2 66 Nonmetallic mineral manufactures, n.e.s................................... 2.234 100.4 100.0 -2.1 -0.1 -0.4 0.2 -0.4 67 Iron and steel............................. 2.054 91.0 90.4 -6.1 -1.2 -1.7 -0.4 -0.7 68 Nonferrous metals.......................... 1.938 87.9 86.4 -10.8 -3.5 -3.2 -0.1 -1.7 69 Manufactures of metals, n.e.s.............. 2.055 96.2 96.6 -1.5 0.2 -0.3 0.0 0.4 7 MACHINERY AND TRANSPORT EQUIPMENT........... 47.901 91.1 90.9 -4.1 -0.4 -0.4 -0.3 -0.2 71 Power generating machinery and equipment (9612=100).................... 3.122 97.4 97.2 -1.6 0.0 -0.4 -0.1 -0.2 72 Machinery specialized for particular industries.............................. 2.809 97.1 96.7 -1.7 0.0 -0.3 -0.2 -0.4 73 Metalworking machinery..................... 0.863 96.5 96.6 -0.7 0.0 -0.6 0.2 0.1 74 General industrial machinery and equip- ment, n.e.s. and machine parts, n.e.s... 3.600 96.5 96.6 -0.6 0.3 -0.4 0.2 0.1 75 Computer equipment and office machines..... 6.661 69.3 68.7 -12.1 -0.7 -0.9 -0.7 -0.9 76 Telecommunications & sound recording & reproducing apparatus & equipment..... 4.648 88.8 88.6 -4.3 -1.3 -0.6 -0.1 -0.2 77 Electrical machinery and equipment......... 9.572 83.4 83.0 -7.0 -1.1 -0.9 -0.4 -0.5 78 Road vehicles.............................. 15.520 100.8 100.7 -0.6 -0.1 -0.1 -0.2 -0.1 8 MISCELLANEOUS MANUFACTURED ARTICLES......... 18.295 98.3 98.2 -1.6 -0.1 -0.1 -0.2 -0.1 81 Prefabricated buildings; plumbing, heat & lighting fixtures, n.e.s.............. 0.406 95.4 95.4 0.2 0.0 -0.6 0.0 0.0 82 Furniture and parts thereof................ 1.312 100.3 100.1 -2.2 -2.6 0.3 -0.2 -0.2 83 Travel goods, handbags and similar containers.............................. 0.531 100.0 100.0 -1.0 0.7 0.0 -1.1 0.0 84 Articles of apparel and clothing accessories............................. 6.218 102.7 102.8 0.0 0.2 -0.1 0.1 0.1 85 Footwear................................... 1.884 100.9 100.9 0.1 0.1 0.1 0.1 0.0 87 Professional, scientific and controlling instruments and apparatus, n.e.s........ 1.656 94.6 94.4 -2.6 -0.2 -0.3 0.0 -0.2 88 Photographic apparatus, equipment and supplies and optical goods, n.e.s.;..... 1.379 90.6 90.2 -3.6 -0.2 -0.1 -0.3 -0.4 89 Miscellaneous manufactured articles, n.e.s................................... 4.909 95.5 95.2 -3.4 0.1 -0.4 -0.3 -0.3 1 Relative importance figures are based on n.a. Not available. 1995 trade values. 2 Data for June, July and August 1998 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, September 1997-September 1998 1995=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance Sept. May June July Aug. SITC Description 1997 1998 1998 1998 1998 Rev. 3 August August September to to to to to 1998 1998 1998 Sept. June July Aug. Sept. 1/ 2/ 1998 1998 1998 1998 1998 ALL COMMODITIES.............................. 100.000 95.4 94.9 -4.1 -0.5 -0.2 -0.5 -0.5 0 FOOD AND LIVE ANIMALS....................... 7.185 89.6 87.0 -12.6 -0.4 1.4 -2.8 -2.9 01 Meat and meat preparations................. 1.212 98.4 96.0 0.8 4.4 -0.1 0.7 -2.4 03 Fish, crustaceans, aquatic invertebrates and preparations thereof................ 0.610 97.3 95.4 -3.7 -1.6 11.6 8.0 -2.0 04 Cereals and cereal preparations............ 2.284 74.9 70.2 -26.1 -3.8 -0.4 -9.0 -6.3 05 Vegetables, fruit and nuts, fresh or dried.......................... 1.498 102.2 101.0 3.5 2.1 3.3 0.6 -1.2 08 Feeding stuff for animals (not including unmilled cereals)............. 0.654 90.5 88.4 -26.8 1.6 1.4 -6.0 -2.3 09 Miscellaneous edible products and preparations............................ 0.402 105.0 106.3 1.2 0.1 0.0 0.0 1.2 3/ Other food and live animals (9612=100)....... 0.525 95.8 96.3 -8.3 -1.7 0.2 -1.0 0.5 1 BEVERAGES AND TOBACCO....................... 1.532 99.8 99.7 -1.3 -0.1 -0.2 0.1 -0.1 12 Tobacco and tobacco manufactures........... 1.260 99.5 99.4 -1.6 -0.1 -0.2 0.0 -0.1 2 CRUDE MATERIALS, INEDIBLE, EXCEPT FUELS..... 5.331 79.9 78.1 -14.7 -1.2 0.0 -2.6 -2.3 21 Hides, skins and furskins, raw............. 0.282 83.9 83.2 -16.9 -1.3 -3.5 2.6 -0.8 22 Oil seeds and oleaginous fruits............ 1.068 95.3 91.8 -23.6 -3.8 3.9 -10.6 -3.7 24 Cork and wood.............................. 0.883 82.4 81.7 -10.1 -0.7 0.5 0.0 -0.8 25 Pulp and waste paper....................... 0.767 64.5 62.6 -8.2 0.8 0.8 0.0 -2.9 26 Textile fibers and their waste............. 0.787 76.9 76.3 -9.1 2.5 -1.0 -2.0 -0.8 27 Crude fertilizers and crude minerals....... 0.341 96.9 96.9 -1.0 0.0 0.1 -0.2 0.0 28 Metalliferous ores and metal scrap......... 0.772 72.6 69.8 -26.1 -4.0 -4.7 -0.5 -3.9 3/ Other crude materials, inedible, except fuels (9612=100).......................... 0.431 99.2 96.8 -3.8 0.2 0.0 0.2 -2.4 3 MINERAL FUELS, LUBRICANTS AND RELATED MATERIALS................................ 1.886 94.8 93.5 -16.4 -1.4 -6.6 -1.7 -1.4 32 Coal, coke and briquettes.................. 0.697 99.6 99.8 -2.1 0.0 -0.1 -0.4 0.2 33 Petroleum, petroleum products and related materials....................... 1.045 93.0 90.6 -25.6 -1.7 -10.7 -2.5 -2.6 4 ANIMAL AND VEGETABLE OILS, FATS AND WAXES.................................... 0.500 103.4 102.6 8.1 1.2 -3.2 -1.0 -0.8 5 CHEMICALS AND RELATED PRODUCTS, N.E.S....... 10.716 92.0 91.7 -4.0 -0.5 -0.4 -0.2 -0.3 51 Organic chemicals.......................... 2.364 75.9 75.1 -10.3 -0.8 -1.2 -0.4 -1.1 52 Inorganic chemicals........................ 0.894 103.4 103.2 4.6 -0.6 -0.1 0.0 -0.2 53 Dyeing, tanning and coloring materials..... 0.494 99.3 99.6 -3.0 0.4 -0.1 -1.3 0.3 54 Medicinal and pharmaceutical products...... 1.264 101.6 101.6 0.4 0.0 0.0 0.0 0.0 55 Essential oils; polishing and cleansing preps................................... 0.766 101.4 102.7 -1.0 0.0 0.0 0.0 1.3 56 Fertilizers (9612=100)..................... 0.574 94.9 95.7 0.7 1.3 -0.7 -0.5 0.8 57 Plastics in primary forms.................. 1.768 88.1 87.7 -6.4 -1.8 -0.2 -0.7 -0.5 58 Plastics in nonprimary forms............... 0.838 97.6 97.3 -1.6 -1.2 -0.7 0.4 -0.3 59 Chemical materials and products, n.e.s..... 1.753 100.6 100.2 -3.3 0.2 -0.2 0.2 -0.4 6 MANUFACTURED GOODS CLASSIFIED CHIEFLY BY MATERIAL.............................. 9.876 97.2 96.8 -1.9 -0.3 -0.4 -0.3 -0.4 62 Rubber manufactures, n.e.s................. 0.688 102.7 102.2 0.3 0.3 0.3 0.5 -0.5 63 Cork and wood manufactures other than furniture............................... 0.299 91.6 93.2 2.1 -1.1 0.6 1.7 1.7 64 Paper, paperboard, and articles of paper pulp, paper or paperboard......... 1.522 82.2 81.3 -4.4 -0.4 -1.3 -0.6 -1.1 65 Textile yarn, fabrics, made-up articles, n.e.s., and related product... 1.431 101.9 101.3 -1.9 0.6 -0.2 -1.1 -0.6 66 Nonmetallic mineral manufactures, n.e.s................................... 1.363 106.8 106.8 0.7 -0.2 -0.1 0.2 0.0 67 Iron and steel............................. 1.104 100.1 99.7 -3.1 0.1 -0.2 -0.2 -0.4 68 Nonferrous metals.......................... 1.239 86.7 85.6 -8.2 -5.9 -0.8 -0.8 -1.3 69 Manufactures of metals, n.e.s.............. 2.074 106.8 106.7 2.3 2.4 -0.1 -0.1 -0.1 7 MACHINERY AND TRANSPORT EQUIPMENT........... 50.851 98.5 98.3 -1.8 -0.5 -0.1 -0.1 -0.2 71 Power generating machinery and equipment............................... 4.398 106.9 107.0 0.8 0.1 -0.2 0.0 0.1 72 Machinery specialized for particular industries.............................. 4.827 105.3 105.5 1.0 0.1 0.1 0.0 0.2 73 Metalworking machinery..................... 1.015 108.3 108.4 3.7 0.6 -0.1 0.0 0.1 74 General industrial machinery and equip- ment, n.e.s. and machine parts, n.e.s... 5.196 106.5 106.4 1.1 -0.1 0.2 0.2 -0.1 75 Computer equipment and office machines..... 6.083 75.3 74.6 -10.9 -3.2 -0.7 -0.9 -0.9 76 Telecommunications & sound recording & reproducing apparatus & equipment..... 3.841 98.1 98.1 -1.1 0.0 -0.6 0.0 0.0 77 Electrical machinery and equipment......... 11.594 91.8 91.7 -3.6 -0.5 -0.1 -0.2 -0.1 78 Road vehicles.............................. 9.307 102.0 102.0 0.3 0.0 0.1 0.0 0.0 8 MISCELLANEOUS MANUFACTURED ARTICLES......... 11.386 100.6 100.6 -1.2 -0.3 0.0 -0.2 0.0 82 Furniture and parts thereof................ 0.652 104.2 104.1 0.6 -0.5 0.3 -0.1 -0.1 84 Articles of apparel and clothing accessories............................. 1.294 102.3 102.6 -0.9 0.0 -0.3 -1.2 0.3 87 Professional, scientific and controlling instruments and apparatus, n.e.s........ 3.804 103.8 103.8 0.4 0.0 0.1 -0.1 0.0 88 Photographic apparatus, equipment and supplies and optical goods, n.e.s....... 0.911 92.8 92.4 -6.3 -0.4 -0.9 -0.1 -0.4 89 Miscellaneous manufactured articles, n.e.s................................... 4.250 98.3 98.2 -2.2 -0.7 0.1 0.1 -0.1 3/ Other miscellaneous manufactured articles (9612=100)....................... 0.475 102.6 102.4 1.3 0.2 -0.2 0.0 -0.2 1 Relative importance figures are based on n.a. Not available. 1995 trade values. 2 Data for June, July and August 1998 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, September 1997-September 1998 1995=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly Harmo- ance Sept. May June July Aug. nized Description 1997 1998 1998 1998 1998 System August August September to to to to to 1998 1998 1998 Sept. June July Aug. Sept. 1/ 2/ 1998 1998 1998 1998 1998 I LIVE ANIMALS; ANIMAL PRODUCTS............... 1.623 99.2 99.0 -3.9 -1.0 -1.9 -2.1 -0.2 02 Meat and edible meat offal................... 0.284 95.6 96.1 -5.2 -3.2 -0.5 -0.1 0.5 03 Fish and crustaceans, molluscs and........... other aquatic invertebrates............... 0.961 104.7 104.0 -0.6 1.2 -1.9 -2.0 -0.7 3/ Other live animals and animal................ products (9612=100)....................... 0.378 92.0 92.2 -10.5 -4.2 -3.0 -3.6 0.2 II VEGETABLE PRODUCTS.......................... 1.569 85.8 91.3 -3.7 0.6 3.5 -7.3 6.4 07 Edible vegetables and certain roots and...... tubers.................................... 0.310 108.0 140.7 n.a. 6.0 31.2 -25.7 30.3 08 Edible fruit and nuts; peel of citrus........ fruit or melons........................... 0.470 98.4 100.0 2.6 4.8 -1.1 -2.6 1.6 09 Coffee, tea, mate and spices................. 0.396 76.9 74.5 -20.1 -5.9 -8.6 6.1 -3.1 3/ Other vegetable products..................... 0.393 85.3 88.0 -8.1 -1.3 -0.4 -6.4 3.2 IV PREPARED FOODSTUFFS, BEVERAGES, AND......... TOBACCO................................... 2.175 100.4 100.6 -1.1 0.6 -1.2 -0.2 0.2 20 Preparations of vegetables, fruit,........... nuts, or other parts of plants............ 0.283 88.7 88.3 -2.5 1.8 -0.3 -0.9 -0.5 22 Beverages, spirits, and vinegar.............. 0.796 104.4 104.8 1.6 0.3 -0.1 0.4 0.4 3/ Other prepared foodstuffs (9612=100)......... 1.096 98.5 98.7 -2.6 0.5 -2.1 -0.5 0.2 V MINERAL PRODUCTS............................ 7.564 76.3 77.1 -27.7 -3.6 -4.0 0.3 1.0 26 Ores, slag and ash........................... 0.311 101.7 101.7 -0.7 -0.2 -0.2 -0.2 0.0 27 Mineral fuels, oils and residuals,........... bituminous substances and mineral wax..... 7.015 74.8 75.6 -29.1 -3.9 -4.2 0.3 1.1 VI PRODUCTS OF THE CHEMICAL OR ALLIED.......... INDUSTRIES................................ 5.367 95.4 95.0 -4.0 0.1 -0.9 -0.5 -0.4 28 Inorganic chemicals.......................... 0.857 97.4 96.5 -8.0 0.1 -2.1 -1.8 -0.9 29 Organic chemicals............................ 2.051 92.3 91.8 -4.9 0.2 -0.4 -0.1 -0.5 30 Pharmaceutical products...................... 0.583 101.0 100.6 -1.7 -0.1 -0.5 -0.1 -0.4 32 Tanning & dyeing extracts; dye &............. pigments; varnish & paints; putty......... 0.298 93.0 93.0 -0.5 0.4 -0.3 0.1 0.0 37 Photographic or cinematographic goods........ 0.369 96.0 95.7 -2.7 -0.1 -0.1 0.0 -0.3 38 Miscellaneous chemical products.............. (9612=100)................................ 0.419 93.1 92.8 -4.7 0.2 -3.1 -0.3 -0.3 3/ Other products of the chemical or............ allied industries (9612=100).............. 0.790 95.1 94.8 -0.9 -0.1 -0.5 -0.7 -0.3 VII PLASTICS AND ARTICLES THEREOF; RUBBER....... AND ARTICLES THEREOF...................... 2.794 86.4 86.1 -6.0 -0.2 -1.1 -0.6 -0.3 39 Plastics and articles thereof................ 1.757 90.0 89.5 -5.5 -0.7 -0.9 -0.6 -0.6 40 Rubber and articles thereof.................. 1.037 81.0 81.0 -6.8 0.5 -1.3 -0.7 0.0 VIII RAW HIDES, SKINS, LEATHER, FURSKINS,........ TRAVEL GOODS, ETC......................... 1.057 102.0 101.8 -1.3 0.6 -0.1 -0.6 -0.2 42 Articles of leather; travel goods, bags,..... etc. of various materials................. 0.851 100.3 99.9 -1.5 0.7 -0.1 -0.8 -0.4 IX WOOD, WOOD CHARCOAL, CORK, STRAW, BASKET.... AND WICKER................................ 1.672 102.0 102.3 -8.1 -3.5 3.8 1.6 0.3 X WOOD PULP, WASTE AND SCRAP PAPER, PAPER..... AND ARTICLES THEREOF...................... 2.439 82.7 82.1 -3.6 0.7 -0.7 -0.8 -0.7 47 Pulp wood or other fibrous cellulosic........ material; waste paper/paperboard.......... 0.371 63.2 61.9 -10.3 4.9 -1.8 -3.1 -2.1 48 Paper and paperboard; articles of paper...... pulp, paper or paperboard................. 1.701 87.8 87.2 -2.6 -0.1 -0.3 -0.3 -0.7 49 Printed matter............................... 0.367 97.6 98.1 -1.2 0.3 -1.6 -0.6 0.5 XI TEXTILE AND TEXTILE ARTICLES................ 7.286 100.7 100.7 -1.1 0.0 -0.3 0.1 0.0 61 Articles of apparel and clothing............. accessories, knitted or crocheted......... 2.168 101.5 101.4 0.4 -0.7 0.2 0.1 -0.1 62 Articles of apparel and clothing............. accessories, not knitted or crocheted..... 3.544 103.8 104.0 -0.2 0.5 -0.2 0.2 0.2 63 Made-up or worn textile articles and......... clothing; needlecraft sets; rags.......... 0.349 93.5 92.7 -6.0 -0.4 -0.2 0.0 -0.9 3/ Other textile & textile...................... articles (9612=100)....................... 1.225 95.9 95.6 -5.0 0.0 -1.5 -0.1 -0.3 XII FOOTWEAR, HEADGEAR, UMBRELLAS, WHIPS,....... ARTIFICIAL FLOWERS, ETC................... 2.204 101.1 101.1 0.2 0.2 0.2 -0.1 0.0 64 Footwear, gaiters and the like; parts........ of such articles.......................... 1.892 100.5 100.5 0.0 0.2 0.0 -0.1 0.0 3/ Other footwear, headgear, umbrellas,......... whips, art. flowers, etc. (9612=100)...... 0.312 103.1 103.1 1.4 0.0 1.6 0.0 0.0 XIII STONE, PLASTER, CEMENT, ASBESTOS,CERAMIC.... GLASS ETC................................. 1.196 100.6 100.4 -1.4 -0.1 -0.4 0.2 -0.2 69 Ceramic products............................. 0.453 97.6 97.5 -1.7 -0.3 -0.2 0.0 -0.1 70 Glass and glassware.......................... 0.460 99.8 99.2 -2.3 -0.3 -0.8 0.4 -0.6 XIV PEARLS, STONES, PRECIOUS METALS,............ IMITATION JEWELRY, AND COINS.............. 2.347 98.9 98.1 -0.1 -1.5 -1.6 0.3 -0.8 XV BASE METALS AND ARTICLES OF BASE METAL...... 5.800 88.1 87.3 -8.8 -0.9 -1.9 -0.5 -0.9 72 Iron and steel............................... 1.764 90.0 88.8 -6.8 -1.4 -2.0 -0.4 -1.3 73 Articles of iron or steel.................... 1.325 93.9 94.1 -2.8 0.0 -1.1 0.2 0.2 74 Copper and articles thereof.................. 0.412 71.6 71.4 -14.3 -1.2 -0.7 0.7 -0.3 76 Aluminum and articles thereof................ 0.923 82.9 82.3 -13.2 -1.8 -3.1 -1.1 -0.7 83 Miscellaneous articles of base metal......... 0.430 99.5 100.2 -1.6 0.8 -0.4 -0.1 0.7 3/ Miscellaneous nonferrous metals and.......... articles, including scrap (9612=100)...... 0.477 89.5 85.1 -26.9 -1.7 -5.4 -3.1 -4.9 XVI MACHINERY, ELECTRICAL EQUIPMENT, TV......... IMAGE & SOUND RECORDERS, PARTS, ETC....... 30.293 84.3 84.0 -7.1 -0.8 -0.7 -0.4 -0.4 84 Specialized machinery & computer............. equipment................................. 15.791 84.7 84.4 -7.4 -0.3 -0.6 -0.4 -0.4 85 Electrical machinery and equip, sound........ and TV recorders & reproducers, parts..... 14.502 83.8 83.5 -6.7 -1.2 -0.9 -0.4 -0.4 XVII VEHICLES, AIRCRAFT, VESSELS AND............. ASSOCIATED TRANSPORT EQUIPMENT............ 16.805 100.9 100.8 -0.6 0.0 -0.2 -0.1 -0.1 87 Motor vehicles and their parts............... 15.869 100.5 100.5 -0.7 0.0 -0.2 -0.2 0.0 XVII OPTICAL, PHOTO, MEASURING, MEDICAL &........ MUSICAL INSTRUMENTS; & TIMEPIECES......... 3.685 91.7 91.5 -2.2 -0.1 -0.1 -0.3 -0.2 90 Optical, photographic, measuring and......... medical instruments....................... 3.138 91.4 91.2 -2.5 -0.3 -0.3 -0.2 -0.2 91 Clocks and watches and parts thereof......... 0.400 94.2 93.7 -0.4 0.5 1.2 -0.2 -0.5 XX MISCELLANEOUS MANUFACTURED ARTICLES......... 3.863 97.5 97.3 -2.3 -1.0 -0.1 -0.2 -0.2 94 Furniture; stuffed furnishings; lamps........ and lighting fittings nes;................ 1.661 97.8 97.7 -2.0 -2.0 0.0 -0.2 -0.1 95 Toys, games and sports equipment; parts...... and accessories thereof................... 1.900 98.0 97.6 -3.0 -0.2 -0.2 -0.2 -0.4 96 Miscellaneous manufactured articles.......... 0.302 93.3 93.3 0.5 0.1 -0.2 0.0 0.0 1 Relative importance figures are based on n.a. Not available 1995 trade values. 2 Data for June, July and August 1998 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, September 1997-September 1998 1995=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly Harmo- ance Sept. May June July Aug. nized Description 1997 1998 1998 1998 1998 System August August September to to to to to 1998 1998 1998 Sept. June July Aug. Sept. 1/ 2/ 1998 1998 1998 1998 1998 I LIVE ANIMALS; ANIMAL PRODUCTS............... 2.005 97.1 94.4 -3.1 1.9 1.8 2.9 -2.8 02 Meat & edible meat offal..................... 1.120 95.4 93.0 -0.2 4.7 -0.8 1.8 -2.5 03 Fish and crustaceans, molluscs and........... other aquatic invertebrates............... 0.534 93.3 89.2 -7.2 -1.2 9.3 6.9 -4.4 3/ Other live animals and animal................ products (9612=100)....................... 0.352 93.4 92.5 -5.5 -1.8 0.2 0.4 -1.0 II VEGETABLE PRODUCTS.......................... 4.679 84.6 81.1 -19.5 -2.5 1.1 -7.2 -4.1 07 Edible vegetables and certain roots and...... tubers.................................... 0.345 105.7 102.9 4.9 0.7 -0.3 0.8 -2.6 08 Edible fruit and nuts; peel of citrus........ fruit or melons........................... 0.764 100.8 101.4 5.0 3.1 4.7 0.5 0.6 10 Cereals...................................... 2.057 72.4 67.4 -28.4 -4.3 -0.5 -10.0 -6.9 12 Oilseeds and misc. grains, seeds,............ fruits, plants, straw and fodder.......... 1.263 97.8 94.5 -21.3 -2.8 2.5 -9.7 -3.4 III ANIMAL OR VEGETABLE FATS AND OILS........... 0.544 104.3 103.8 8.6 0.5 -2.9 -0.9 -0.5 IV PREPARED FOODSTUFFS, BEVERAGES, AND......... TOBACCO................................... 3.439 97.3 96.7 -6.1 0.1 0.4 -0.8 -0.6 20 Preparations of vegetables, fruit,........... nuts, or other parts of plants............ 0.354 96.1 95.2 6.6 -1.0 2.1 0.4 -0.9 21 Miscellaneous edible preparations............ 0.374 105.6 106.8 -0.5 0.0 0.0 -0.3 1.1 22 Beverages, spirits, and vinegar.............. 0.339 99.1 99.1 -0.7 0.8 0.0 0.6 0.0 23 Residues and waste from the food............. industries; prepared animal feed.......... 0.586 87.5 84.4 -27.4 0.6 2.1 -5.3 -3.5 24 Tobacco and manufactured tobacco............. substitutes............................... 1.272 99.5 99.4 -1.6 -0.1 -0.3 0.0 -0.1 3/ Other prepared foods......................... 0.514 100.1 100.3 -1.7 0.1 -0.3 0.0 0.2 V MINERAL PRODUCTS............................ 2.463 93.8 92.3 -17.4 -1.1 -5.6 -1.5 -1.6 27 Mineral fuels, oils and residuals,........... bituminous substances and mineral wax..... 1.935 95.4 93.9 -17.1 -1.3 -6.5 -1.9 -1.6 VI PRODUCTS OF THE CHEMICAL OR ALLIED.......... INDUSTRIES................................ 8.723 92.6 92.4 -4.4 -0.2 -0.5 -0.2 -0.2 28 Inorganic chemicals.......................... 0.962 102.3 101.9 0.3 -0.7 -0.2 0.0 -0.4 29 Organic chemicals............................ 2.667 79.1 78.4 -10.4 -0.9 -1.1 -0.4 -0.9 30 Pharmaceutical products...................... 0.941 104.0 104.1 3.5 0.0 0.1 0.0 0.1 31 Fertilizers (9612=100)....................... 0.640 94.9 95.7 0.7 1.3 -0.7 -0.5 0.8 32 Tanning or dyeing extracts; dyes and......... pigments; paints & varnish; putty;ink..... 0.507 99.5 99.7 -2.5 0.4 -0.1 -1.2 0.2 33 Essential oils and resinoids;................ perfumery, cosmetic or toilet............. 0.547 103.2 103.9 -0.4 -0.1 0.0 0.0 0.7 34 Soap; lubricants; waxes, polishing or........ scouring products; candles, pastes........ 0.323 102.7 104.8 1.7 0.0 0.3 0.1 2.0 37 Photographic or cinematographic goods........ 0.387 83.4 82.7 -13.9 -0.9 -2.0 -0.4 -0.8 38 Miscellaneous chemical products.............. 1.520 99.3 98.8 -4.2 0.0 -0.1 0.2 -0.5 VII PLASTICS AND ARTICLES THEREOF; RUBBER....... AND ARTICLES THEREOF...................... 4.236 91.8 91.5 -5.2 -1.2 0.0 -1.8 -0.3 39 Plastics and articles thereof................ 3.319 90.2 89.9 -6.3 -1.5 0.0 -2.5 -0.3 40 Rubber and articles thereof.................. 0.917 98.1 97.6 -0.9 0.4 0.0 0.5 -0.5 VIII RAW HIDES, SKINS, LEATHER, FURSKINS,........ TRAVEL GOODS, ETC......................... 0.516 85.8 85.8 -10.5 -0.8 -2.4 1.4 0.0 41 Raw hides and skins (other than.............. furskins) and leather..................... 0.361 80.8 80.7 -14.3 -2.2 -3.4 2.1 -0.1 IX WOOD, WOOD CHARCOAL, CORK, STRAW,........... BASKET AND WICKER......................... 1.208 84.9 84.8 -7.3 -0.8 0.5 0.4 -0.1 X WOOD PULP, WASTE AND SCRAP PAPER, PAPER..... AND ARTICLES THEREOF...................... 3.030 77.4 76.4 -3.5 -0.3 -0.3 -0.5 -1.3 47 Pulp wood or other fibrous cellulosic........ material; waste paper/paperboard.......... 0.711 62.0 59.9 -7.8 1.0 1.6 -0.5 -3.4 48 Paper and paperboard; articles of paper...... pulp, paper or paperboard................. 1.489 82.4 81.6 -4.1 -0.6 -1.4 -0.7 -1.0 49 Printed material............................. 0.830 108.4 108.3 1.6 -0.7 0.3 -0.1 -0.1 XI TEXTILE AND TEXTILE ARTICLES................ 3.256 91.1 90.8 -3.7 0.7 -0.5 -1.2 -0.3 52 Cotton, including yarns and woven............ fabrics thereof........................... 0.703 79.3 78.3 -6.6 5.8 -1.2 -2.2 -1.3 XIII STONE, PLASTER, CEMENT, ASBESTOS,........... CERAMIC, GLASS ETC........................ 0.876 103.4 103.4 0.6 0.0 -0.3 0.0 0.0 70 Glass and glassware.......................... 0.504 101.8 101.9 0.5 -0.1 0.0 0.0 0.1 XIV PEARLS, STONES, PRECIOUS METALS,............ IMITATION JEWELRY, AND COINS.............. 1.882 94.2 91.5 -5.7 -7.1 -0.8 -0.5 -2.9 XV BASE METALS AND ARTICLES OF BASE METALS..... 4.524 91.4 90.8 -6.0 -0.4 -1.1 -0.4 -0.7 72 Iron and steel............................... 0.886 82.8 80.6 -14.2 -1.5 -2.2 -0.8 -2.7 73 Articles of iron or steel.................... 1.329 110.8 110.6 3.0 2.5 0.1 -0.2 -0.2 74 Copper and articles thereof.................. 0.362 67.4 66.3 -18.7 -3.3 -1.3 -1.5 -1.6 76 Aluminum and articles thereof................ 0.827 80.9 81.0 -10.0 -3.6 -2.8 -0.2 0.1 82 Tools, implements, cutlery, spoons and....... forks, of base metal; parts thereof....... 0.421 102.7 102.7 -0.6 -0.2 0.0 -1.2 0.0 83 Miscellaneous articles of base metal......... 0.386 100.8 100.8 -0.5 -0.1 0.0 0.5 0.0 XVI MACHINERY, ELECTRICAL EQUIPMENT, TV......... IMAGE AND SOUND RECORDERS, PARTS, ETC..... 36.888 93.9 93.7 -3.2 -0.8 -0.2 -0.1 -0.2 84 Specialized machinery & computer............. equipment................................. 20.521 94.8 94.6 -3.1 -1.0 -0.1 -0.2 -0.2 85 Electrical machinery and equip, sound........ & tv recorders & reproducers, parts....... 16.367 92.7 92.7 -3.2 -0.3 -0.3 -0.2 0.0 XVII VEHICLES, AIRCRAFT, VESSELS AND............. ASSOCIATED TRANSPORT EQUIPMENT............ 14.148 105.2 105.2 0.6 0.0 0.1 0.0 0.0 87 Motor vehicles and their parts............... 9.774 102.1 102.1 0.3 0.0 0.1 0.0 0.0 XVII OPTICAL, PHOTO, MEASURING, MEDICAL &........ MUSICAL INSTRUMENTS; & TIMEPIECES......... 5.528 102.0 102.2 0.0 -0.2 0.1 -0.1 0.2 XX MISCELLANEOUS MANUFACTURED ARTICLES......... 1.829 102.5 102.4 0.2 -0.1 0.0 0.0 -0.1 94 Furniture; stuffed furnishings;.............. lamps and lighting fittings nesoi;........ 0.901 104.4 104.3 1.0 -0.4 0.2 -0.1 -0.1 95 Toys, games and sports equipment; parts...... and accessories thereof................... 0.752 100.9 100.9 -0.2 0.2 0.0 0.0 0.0 1 Relative importance figures are based on n.a. Not available 1995 trade values. 2 Data for June, July and August 1998 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, September 1997-September 1998 1995=100, unless otherwise noted Index Percent Change Percentage of Annual Monthly US Imports Sept. May June July Aug. Description 1/ 1997 1998 1998 1998 1998 1995 Aug. Sept. to to to to to 1998 1998 Sept. June July Aug. Sept. 2/ 1998 1998 1998 1998 1998 3/ Developed Countries.......................... 55.6 94.4 94.1 -3.3 -0.7 -0.3 -0.2 -0.3 Manufactured Goods......................... 52.2 95.1 94.9 -2.2 -0.4 -0.4 -0.2 -0.2 Nonmanufactured Goods...................... 3.1 85.6 85.2 -19.3 -3.9 0.3 -1.3 -0.5 3/ Developing Countries......................... 42.7 91.5 91.6 -9.5 -1.0 -1.2 -0.4 0.1 Manufactured Goods......................... 35.4 93.6 93.1 -6.0 -0.5 -0.7 -0.2 -0.5 Nonmanufactured Goods...................... 7.1 76.8 79.3 -25.5 -3.1 -3.8 -1.3 3.3 Canada....................................... 18.9 95.9 95.4 -4.3 -1.0 0.1 -0.2 -0.5 Manufactured Goods......................... 16.5 97.5 97.0 -2.1 -0.7 0.1 0.1 -0.5 Nonmanufactured Goods...................... 2.2 88.6 87.4 -19.1 -3.8 0.7 -2.0 -1.4 4/ European Union............................... 17.0 99.7 99.8 -0.4 0.0 -0.1 -0.1 0.1 Manufactured Goods......................... 16.4 100.4 100.4 0.3 0.3 -0.1 -0.1 0.0 Nonmanufactured Goods...................... 0.5 82.6 84.7 -20.1 -7.0 -2.3 4.0 2.5 5/ Latin America (9712=100).................... 14.1 92.8 93.2 n.a. -0.7 -0.5 -1.1 0.4 Manufactured Goods (9712=100)............. 10.4 97.1 96.5 n.a. 0.2 -0.5 -0.2 -0.6 Nonmanufactured Goods (9712=100)........... 3.5 80.8 84.0 n.a. -3.5 -0.5 -3.7 4.0 Japan........................................ 16.6 87.6 87.2 -5.7 -0.7 -0.7 -0.3 -0.5 6/ Asian Newly Industrialized Countries......... 10.9 85.9 85.3 -9.3 -1.4 -1.0 -0.1 -0.7 1 Regions are not mutually exclusive. 2 Data for June, July and August 1998 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. September 1997-September 1998 1995 = 100, unless otherwise noted Index Percent Change Annual Quarterly Trade Sept. Sept. Dec. March June Description (Mil. 1997 1997 1997 1998 1998 of June Sept. to to to to to Dollars) 1998 1998 Sept. Dec. March June Sept. 1998 1997 1998 1998 1998 IMPORT Air Freight 3188 81.5 80.3 -9.4 -2.3 -7.0 1.2 -1.5 Atlantic 1278 87.8 87.4 1.2 4.4 -4.9 2.3 -0.5 Pacific 1674 76.7 74.9 -18.1 -7.4 -9.9 0.5 -2.3 Air Passenger Fares 11127 112.6 112.8 1.2 -6.5 -1.0 9.0 0.2 1/ Atlantic 4922 117.3 119.2 -2.4 -17.8 -1.5 18.6 1.6 1/ Pacific 2340 105.9 99.0 -1.5 5.7 -7.4 7.7 -6.5 1/ Latin American / Caribbean 3021 106.3 109.3 3.2 -0.7 1.6 -0.6 2.8 1/ Crude Oil Tanker Freight 1346 81.6 n.a. n.a. 3.9 -0.1 -14.6 n.a. Ocean Liner Freight 9868 100.8 101.2 6.2 -1.9 -0.1 7.9 0.4 U.S. East Coast 4271 99.2 100.3 2.0 -1.6 -0.2 2.8 1.1 from Atlantic 1952 96.7 97.4 -0.9 -1.6 0.5 -0.5 0.7 from Pacific 1774 101.2 103.1 6.3 -2.3 0.0 6.8 1.9 1/ U.S. West Coast 5596 101.5 101.3 9.6 -1.9 -0.1 12.2 -0.2 EXPORT Air Freight (9612 = 100) 2562 94.5 95.6 -1.0 -3.4 1.7 -0.4 1.2 Air Passenger Fares 17272 95.1 95.4 -4.6 -7.9 2.4 0.8 0.3 1/ Atlantic 4120 110.7 115.2 5.2 -7.4 0.3 8.8 4.1 1/ Pacific 10700 77.7 76.4 -11.6 -9.6 1.9 -2.4 -1.7 Latin American / Caribbean 1392 109.0 113.2 5.3 -0.9 0.8 1.6 3.9 Canadian 1006 160.2 154.9 -1.7 -6.7 13.0 -3.6 -3.3 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. September 1997-September 1998 1995 = 100 Index Percent Change Annual Quarterly Trade Sept. Sept. Dec. March June Description (Mil. 1997 1997 1997 1998 1998 of June Sept. to to to to to Dollars) 1998 1998 Sept. Dec. March June Sept. 1998 1997 1998 1998 1998 Air Freight (Inbound) 5495 83.4 81.8 -7.6 -2.3 -4.2 0.6 -1.9 Atlantic 1880 88.4 88.0 2.8 4.7 -4.7 3.5 -0.5 Pacific 3151 80.3 77.9 -14.4 -6.7 -4.2 -1.2 -3.0 Air Freight (Outbound) 5835 96.0 95.8 -3.8 -1.9 -0.5 -1.2 -0.2 Atlantic 2080 102.2 103.3 2.2 0.0 -0.1 1.2 1.1 Pacific 3222 92.4 91.4 -8.3 -3.4 -0.8 -3.2 -1.1 Air Passenger Fares (U.S. Carrier) 30673 107.8 107.3 -1.7 -8.9 -0.2 8.6 -0.5 1/ Atlantic 8811 116.8 120.4 1.2 -17.8 -3.7 24.0 3.1 1/ Pacific 15900 93.6 89.5 -6.7 -5.9 -0.3 4.1 -4.4 1/ Latin American / Caribbean 4542 111.6 117.2 6.1 -1.2 1.5 0.7 5.0 Canadian 1367 167.9 162.6 0.2 -5.0 12.7 -3.3 -3.2 Air Passenger Fares (Foreign Carrier) 31694 102.4 104.2 -0.4 -4.7 -2.1 4.9 1.8 1/ Atlantic 13572 111.9 118.3 6.0 -9.9 -1.7 13.3 5.7 1/ Pacific 12570 82.8 79.7 -12.4 -2.0 -5.0 -2.2 -3.7 1/ Latin American / Caribbean 4224 105.1 107.7 3.2 0.4 0.5 -0.2 2.5 1/ Crude Oil Tanker Freight (Inbound) 1949 87.4 n.a. n.a. 5.5 0.3 -15.6 n.a. Ocean Liner Freight (Inbound) 12253 103.2 105.0 10.6 -2.1 0.1 11.0 1.7 U.S. East Coast 5410 97.5 98.4 1.4 -1.3 -0.3 2.2 0.9 from Atlantic 2647 94.8 95.4 -0.6 -1.3 0.4 -0.4 0.6 from Pacific 1874 98.8 100.6 5.7 -2.2 0.0 6.1 1.8 1/ U.S. West Coast 6844 107.3 109.7 18.2 -2.8 0.4 18.4 2.2 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 ( ) ______________________