Technical Information Bill Alterman (202) 606-7108 USDL-96-485 Jim Thomas (202) 606-7155 For release: 10:00 A.M. E.S.T. Media contact: Friday, November 22, 1996 Kathryn Hoyle (202) 606-5902 Internet Address: http://stats.bls.gov/ipphome.htm U.S. IMPORT AND EXPORT PRICE INDEXES -OCTOBER 1996- The U.S. Import Price Index rose 0.4 percent in October, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. The increase followed a 1.1 percent advance in September and was attributable to a continuing rise in petroleum prices. In contrast, prices for nonpetroleum imports resumed a downward trend last month. The U.S. Export Price Index, led by an ongoing decline in agricultural prices, fell 0.3 percent in October, marking its fifth consecutive monthly decrease. 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 1995 October -0.5 -2.1 -0.3 0.1 1.9 -0.2 November 0.2 0.5 0.2 -0.1 2.2 -0.3 December 0.4 4.5 0.0 0.0 0.8 -0.2 1996 January 0.2 4.8 -0.3 0.5 1.7 0.3 February -0.2 -1.3 0.0 -0.2 -0.2 -0.3 March 0.7 8.5 -0.3 -0.2 1.4 -0.3 April 0.8 8.5 0.0 0.6 4.8 0.0 May -0.7 -3.8 -0.4 0.4 3.1 -0.1 June -1.0 -5.9 -0.5 -0.2 -2.2 0.1 July -0.1 2.0 -0.4 -0.5 -1.9 -0.2 August 0.1 2.1 -0.1 -0.2 -0.2 -0.2 September 1.1 r 7.4 r 0.3 -0.8 -7.2 r 0.1 October 0.4 6.1 -0.3 -0.3 -2.7 0.1 Oct. 1994-95 2.6 2.7 2.5 4.9 18.4 3.2 Oct. 1995-96 1.8 37.6 -1.6 -1.0 -1.0 -0.9 r = revised to reflect late reports and corrections by respondents. Import Goods The 0.4 percent October increase in import prices was due to the rise in petroleum prices, which advanced 6.1 percent in October after a 7.4 percent increase in the previous month. Over the last 12 months prices of imported petroleum rose 37.6 percent. In contrast, prices for nonpetroleum imports fell 0.3 percent in October after advancing by a similar amount in September. Prior to September's increase, nonpetroleum import prices had declined in each of the four preceding months. In the year ended in October, prices for all imports rose 1.8 percent, but nonpetroleum imports declined 1.6 percent. Four of the five major subcategories contributed to the October downturn in nonpetroleum prices. Led by lower prices for building materials and paper, the index for nonpetroleum industrial supplies and materials resumed a year-long decline in October, dipping 0.5 percent after rising 0.4 percent in the previous month. Prices for imported automotive vehicles and consumer goods also reversed September increases, declining 0.3 percent and 0.2 percent, respectively, in the most recent month. Imported capital goods, down 0.3 percent, moved lower for the ninth month in a row and dropped 3.0 percent in the year ended in October. In contrast, the index for foods, feeds, and beverages edged up 0.1 percent after advancing 1.9 percent in September. For the year ended in October the index was up just 0.1 percent. Export Goods The decrease in export prices was again attributable to lower agricultural prices. The index for agricultural exports fell 2.7 percent in October following a 7.2 percent drop in the preceding month, and has decreased five months in a row. The declines followed a sharp rise in agricultural prices during the spring of this year. In contrast, the index for nonagricultural export prices continued to register little movement in October, edging up 0.1 percent for the second consecutive month. In the 12 months ended in October all export prices fell 1.0 percent while nonagricultural exports slipped 0.9 percent. Within nonagricultural exports, the largest movement was an increase in prices of nonagricultural industrial supplies, up 0.3 percent; this index rose for the second month in a row after declining for over a year. The turnaround was primarily attributable to a rise in prices for exported fuels and lubricants. In addition, the index for automotive vehicle prices edged up 0.2 percent in October after showing no change in the previous month. In contrast, the indexes for capital goods and for consumer goods were both unchanged in October. Prices for exported capital goods, which had moved lower in each of the three preceding months, were unchanged on average from a year ago, while the index for consumer goods gained 1.4 percent during the past year. Imports by Locality of Origin Prices of goods imported from Japan resumed a downward trend in October, declining 0.5 percent after recording no change in September. (See table 7.) The index had decreased in each of the preceding nine months and has dropped 3.6 percent during the past 12 months. The index for prices of Canadian imports rose 0.4 percent, the second increase in a row, due to higher prices for nonmanufactured goods. In the year ended in October, the index fell 0.1 percent. Prices of imported goods from the European Union were unchanged in October after rising in each of the two preceding months. Since October 1995, prices have increased 1.9 percent. Import prices from the Asian Newly Industrialized Countries were unchanged in October after falling seven months in a row. The index was down 2.5 percent over the past year. 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.....page 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. International Price Indexes for Services.....page 15 Table 9 U.S. Import and Export Price Indexes for Services.....page 16 ------------------------------------------------------------------- Import and Export Price Index data for November are scheduled for release on December 20 at 10:00 a.m. (EST). IPP Data Now Available on the World Wide Web IPP, as well as other data produced by the BLS, are now available on the World Wide Web. To access IPP data use the following address: http://stats.bls.gov/ipphome.htm. Other BLS data can be accessed at: http://stats.bls.gov. There is no charge from BLS for using this service. There might, however, be a charge from your Internet service provider. To access data using GOPHER or Anonymous FTP, use the following Internet address: stats.bls.gov. For technical assistance in using the BLS Internet site, send e-mail to: labstat.helpdesk@bls.gov. TECHNICAL NOTE Import and Export Merchandise and Services Price Indexes -- All indexes use a modified Laspeyres formula and are weighted with 1990 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 1990=100 where possible. Exceptions are for the recently instituted HS indexes, which use a base of December 1992=100. Net transaction price data are collected every 3 months for approximately 22,000 products from over 9,000 companies and secondary sources. Approximately two-thirds of the items are also repriced in the intervening months. (Current plans call for all items to be repriced monthly by 1996.) Indexes are not seasonally adjusted. Historical index series and additional information may be obtained from the Division of International Prices, Bureau of Labor Statistics, 2 Massachusetts Avenue NE, PSB 3955, Washington, D.C. 20212, (202) 606-7155. Import Price Indexes -- Products have been classified by the 1990 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. The index for import electrical energy is lagged one month. Export Price Indexes -- Products have been classified by the 1990 Harmonized Schedule B classification system of the U.S. Bureau of the Census. The prices used are generally either "free on board" (f.o.b.) factory or "free alongside ship" (f.a.s.) 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 weighted by country or region 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 a base of December 1990=100. Import, Export, and International Services Indexes -- Indexes are updated 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 represent the second month of the quarter. Revision policy -- Data are revised for the previous 3 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 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 can also 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 ______ Name________________________________________________________ Address_____________________________________________________ ______________________________________________ ______________________________________________ ______________________________________________ Phone Number ( ) ________________________________ TECHNICAL NOTE Import and Export Merchandise and Services Price Indexes -- All indexes use a modified Laspeyres formula and are weighted with 1990 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 1990=100 where possible. Exceptions are for the recently instituted HS indexes, which use a base of December 1992=100. Net transaction price data are collected every 3 months for approximately 22,000 products from over 9,000 companies and secondary sources. Approximately two-thirds of the items are also repriced in the intervening months. (Current plans call for all items to be repriced monthly by 1996.) Indexes are not seasonally adjusted. Historical index series and additional information may be obtained from the Division of International Prices, Bureau of Labor Statistics, 2 Massachusetts Avenue NE, PSB 3955, Washington, D.C. 20212, (202) 606-7155. Import Price Indexes -- Products have been classified by the 1990 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. The index for import electrical energy is lagged one month. Export Price Indexes -- Products have been classified by the 1990 Harmonized Schedule B classification system of the U.S. Bureau of the Census. The prices used are generally either "free on board" (f.o.b.) factory or "free alongside ship" (f.a.s.) 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 weighted by country or region 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 a base of December 1990=100. Import, Export, and International Services Indexes -- Indexes are updated 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 represent the second month of the quarter. Revision policy -- Data are revised for the previous 3 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 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 can also 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 ______ Name_________________________________________________________ Address______________________________________________________ _______________________________________________ _______________________________________________ _______________________________________________ Phone Number ( ) _____________________________________ Table 1 U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods, October 1995-October 1996 1990=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance Oct. June July Aug. Sept. END Description 1995 1996 1996 1996 1996 USE September September October to to to to to 1996 1996 1996 Oct. July Aug. Sept. Oct. 1/ 2/ 1996 1996 1996 1996 1996 ALL COMMODITIES 100.000 107.7 108.1 1.8 -0.1 0.1 1.1 0.4 ALL IMPORTS EXCLUDING PETROLEUM 88.447 108.8 108.5 -1.6 -0.4 -0.1 0.3 -0.3 0 FOODS, FEEDS, & BEVERAGES 5.912 117.1 117.2 0.1 -1.4 -0.8 1.9 0.1 00 Agricultural foods, feeds & beverages, excluding distilled beverages 4.191 114.9 115.1 0.1 -1.2 -1.5 2.5 0.2 01 Nonagricultural foods (fish, distilled beverages) 1.721 122.2 122.4 0.2 -1.5 0.9 0.3 0.2 1 INDUSTRIAL SUPPLIES & MATERIALS 29.765 104.9 107.0 9.2 0.1 0.7 3.0 2.0 INDUSTRIAL SUPPLIES & MATERIALS EXCLUDING PETROLEUM 18.212 108.8 108.3 -3.6 -0.9 0.0 0.4 -0.5 INDUSTRIAL SUPPLIES & MATERIALS, DURABLE 9.387 107.7 106.5 -3.4 -1.7 0.1 1.2 -1.1 INDUSTRIAL SUPPLIES & MATERIALS, NONDURABLE EXCLUDING PETROLEUM 8.825 110.5 110.7 -3.9 -0.1 -0.2 -0.5 0.2 10 Fuels & lubricants 12.745 98.5 104.3 36.2 1.7 2.2 6.8 5.9 100 Petroleum & petroleum products 11.553 97.0 102.9 37.6 2.0 2.1 7.4 6.1 10000 Crude 8.480 95.9 101.1 40.4 2.9 2.5 8.1 5.4 11 Paper & paper base stocks 2.222 106.5 104.0 -21.8 -0.7 -2.4 -1.8 -2.3 12 Materials associated with nondurable supplies & materials 5.651 110.1 110.2 -1.6 0.0 -0.1 -0.2 0.1 13 Selected building materials 2.038 140.8 135.7 7.1 -1.1 3.6 3.8 -3.6 14 Unfinished metals associated with durable goods 4.338 99.3 98.8 -7.3 -2.8 -1.3 0.8 -0.5 15 Finished metals associated with durable goods 1.451 104.1 104.4 -2.3 0.2 0.4 -0.3 0.3 16 Nonmetals associated with durable goods 1.320 104.1 103.6 -5.6 -1.0 -0.2 0.3 -0.5 2 CAPITAL GOODS 23.227 102.7 102.4 -3.0 -0.2 -0.3 -0.1 -0.3 20 Electric & electrical generating equipment 3.020 110.5 110.7 -0.7 -0.1 -0.1 0.0 0.2 21 Nonelectrical machinery 17.665 100.1 99.7 -4.1 -0.3 -0.4 -0.1 -0.4 3 AUTOMOTIVE VEHICLES, PARTS & ENGINES 19.775 115.7 115.4 -0.2 0.2 0.0 0.3 -0.3 4 CONSUMER GOODS, EXCLUDING AUTOMOTIVES 21.321 107.9 107.7 0.1 -0.1 0.0 0.2 -0.2 40 Nondurables, manufactured 10.273 108.3 108.1 0.5 -0.3 0.1 0.2 -0.2 41 Durables, manufactured 9.892 106.9 106.7 -0.4 -0.1 0.0 0.1 -0.2 42 Nonmanufactured consumer goods 1.156 113.2 113.7 1.2 0.4 -0.4 1.3 0.4 1 Relative importance figures are based on n.a. Not available 1990 trade values. 2 Data for July, August and September 1996 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, October 1995-October 1996 1990=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance Oct. June July Aug. Sept. END Description 1995 1996 1996 1996 1996 USE September September October to to to to to 1996 1996 1996 Oct. July Aug. Sept. Oct. 1/ 2/ 1996 1996 1996 1996 1996 ALL COMMODITIES 100.000 108.7 108.4 -1.0 -0.5 -0.2 -0.8 -0.3 AGRICULTURAL COMMODITIES 12.240 122.4 119.1 -1.0 -1.9 -0.2 -7.2 -2.7 NONAGRICULTURAL COMMODITIES 87.761 107.2 107.3 -0.9 -0.2 -0.2 0.1 0.1 0 FOODS, FEEDS, & BEVERAGES 10.872 124.6 120.8 -1.6 -1.5 -0.4 -8.5 -3.0 00 Agricultural foods, feeds & beverages, excluding distilled beverages 9.872 125.6 121.3 -1.2 -2.0 -0.6 -9.2 -3.4 01 Nonagricultural foods (fish, distilled beverages) 1.000 112.6 113.6 -5.3 3.3 1.6 -1.5 0.9 1 INDUSTRIAL SUPPLIES & MATERIALS 28.410 108.9 109.2 -3.3 -0.5 -0.4 0.6 0.3 INDUSTRIAL SUPPLIES & MATERIALS, DURABLE 11.001 113.0 112.9 -3.8 -1.4 -0.5 0.6 -0.1 INDUSTRIAL SUPPLIES & MATERIALS, NONDURABLE 17.408 107.7 108.2 -3.0 0.0 -0.4 0.7 0.5 10 Agricultural industrial supplies & materials 2.368 111.1 111.8 -0.1 -2.1 1.8 1.7 0.6 NONAGRICULTURAL INDUSTRIAL SUPPLIES & MATERIALS 26.042 108.7 109.0 -3.5 -0.5 -0.6 0.5 0.3 11 Fuels & lubricants 3.595 103.8 106.5 12.9 -0.3 0.3 2.0 2.6 12 Nonagricultural supplies & materials excluding fuels & building materials 19.730 106.5 106.3 -6.5 -0.5 -0.9 0.2 -0.2 13 Selected building materials 2.717 143.7 144.3 0.0 -0.4 0.9 1.2 0.4 2 CAPITAL GOODS 39.858 105.3 105.3 0.0 -0.3 -0.1 -0.2 0.0 20 Electric & electrical generating equipment 3.635 108.9 108.7 -0.2 0.2 -0.2 -0.1 -0.2 21 Nonelectrical machinery 25.766 100.4 100.4 -1.2 -0.6 -0.2 -0.2 0.0 3 AUTOMOTIVE VEHICLES, PARTS & ENGINES 10.062 109.2 109.4 0.5 -0.1 0.2 0.0 0.2 4 CONSUMER GOODS, EXCLUDING AUTOMOTIVES 10.799 111.2 111.2 1.4 0.1 0.1 0.2 0.0 40 Nondurables, manufactured 5.836 113.5 113.3 1.2 0.0 0.0 0.2 -0.2 41 Durables, manufactured 4.450 108.9 108.8 0.9 0.2 0.2 0.3 -0.1 1 Relative importance figures are based on n.a. Not available 1990 trade values. 2 Data for July, August and September 1996 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, October 1995-October 1996 1990=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance Oct. June July Aug. Sept. SITC Description 1995 1996 1996 1996 1996 Rev. 3 September September October to to to to to 1996 1996 1996 Oct. July Aug. Sept. Oct. 1/ 2/ 1996 1996 1996 1996 1996 ALL COMMODITIES 100.000 107.7 108.1 1.8 -0.1 0.1 1.1 0.4 0 FOOD AND LIVE ANIMALS 4.813 112.2 113.0 0.4 -0.6 -0.3 2.9 0.7 01 Meat and meat preparations 0.506 86.6 88.2 6.5 0.6 10.1 0.6 1.8 03 Fish, crustaceans, aquatic invertebrates and preparations thereof 1.236 120.5 120.7 -0.7 -2.0 1.0 0.5 0.2 04 Cereals and cereal preparations 0.189 107.7 105.4 -0.2 -5.7 -2.6 -1.6 -2.1 05 Vegetables and fruit, prepared fresh or dried 1.396 121.9 125.4 9.5 1.4 -1.3 8.3 2.9 06 Sugars, sugar preparations and honey 0.260 99.6 100.7 -1.8 -0.4 -1.0 -0.2 1.1 07 Coffee, tea, cocoa, spices and manufactures thereof 0.849 128.0 125.0 -13.6 -2.2 -5.7 2.4 -2.3 1 BEVERAGES AND TOBACCO 1.091 120.9 120.9 4.3 0.5 0.2 0.5 0.0 11 Beverages 0.877 117.7 117.9 2.2 0.2 0.4 0.4 0.2 2 CRUDE MATERIALS, INEDIBLE, EXCEPT FUELS 3.394 120.0 118.1 -4.8 -1.6 1.0 3.5 -1.6 23 Crude rubber (including synthetic and reclaimed) 0.322 132.6 129.2 -7.3 -2.1 -3.7 0.1 -2.6 24 Cork and wood 1.132 178.0 167.8 16.4 -2.0 8.3 4.5 -5.7 25 Pulp and waste paper 0.437 74.9 76.2 -35.8 6.3 -2.4 3.3 1.7 28 Metalliferous ores and metal scrap 0.857 103.7 104.5 -3.1 -5.8 -0.7 2.5 0.8 3 MINERAL FUELS, LUBRICANTS AND RELATED MATERIALS 12.255 96.9 102.8 36.3 1.8 2.3 7.0 6.1 33 Petroleum, petroleum products and related materials 11.258 97.4 103.3 37.5 1.9 2.1 7.3 6.1 34 Gas, natural and manufactured 0.931 92.1 99.2 27.5 -0.3 3.6 4.0 7.7 5 CHEMICALS AND RELATED PRODUCTS, N.E.S. 4.829 110.5 110.5 -1.3 0.0 0.0 0.3 0.0 51 Organic chemicals 1.373 100.0 98.9 -1.6 0.7 -0.4 0.2 -1.1 52 Inorganic chemicals 0.693 113.0 116.3 1.8 0.6 -0.1 0.1 2.9 53 Dyeing, tanning and coloring materials (9212=100) 0.297 110.7 109.3 0.6 -0.5 0.5 0.4 -1.3 54 Medicinal and pharmaceutical products 0.707 128.1 126.3 -1.6 -0.3 0.6 1.4 -1.4 55 Essential oils; polishing and cleansing preps 0.318 122.3 123.6 0.2 0.4 0.6 -1.1 1.1 57 Plastics in primary forms (9212=100) 0.253 102.1 101.9 -6.1 -1.2 -3.8 1.4 -0.2 58 Plastics in nonprimary forms (9212=100) 0.496 98.4 99.1 -10.4 -0.7 1.7 -1.5 0.7 59 Chemical materials and products, n.e.s. 0.481 115.6 115.3 5.0 -0.9 -0.4 1.7 -0.3 6 MANUFACTURED GOODS CLASSIFIED CHIEFLY BY MATERIAL 12.735 108.7 107.6 -5.8 -1.1 -0.7 -0.3 -1.0 62 Rubber manufactures, n.e.s. 0.723 104.3 103.9 -2.8 -0.6 -0.2 0.0 -0.4 64 Paper, paperboard, and articles of paper pulp, paper or paper board 1.955 117.4 113.3 -16.7 -2.3 -2.2 -3.1 -3.5 65 Textile yarn, fabrics, made-up articles, n.e.s., and related product 1.427 114.0 114.0 -0.7 0.4 0.1 -0.3 0.0 66 Nonmetallic mineral manufactures, n.e.s. 2.207 114.0 113.9 1.8 0.1 0.2 0.5 -0.1 67 Iron and steel 2.052 106.2 106.4 -5.5 -0.4 -0.4 0.6 0.2 68 Nonferrous metals 1.753 91.2 89.5 -12.9 -4.6 -2.9 -0.3 -1.9 69 Manufactures of metals, n.e.s. 1.946 111.4 111.1 -0.4 0.5 0.4 -0.2 -0.3 7 MACHINERY AND TRANSPORT EQUIPMENT 43.656 107.8 107.5 -1.8 -0.1 -0.2 0.2 -0.3 72 Machinery specialized for particular industries 2.981 117.2 117.2 1.3 -0.3 0.3 0.2 0.0 73 Metalworking machinery 0.884 121.8 121.6 0.7 -0.2 0.2 0.2 -0.2 74 General industrial machinery and equip- ment, n.e.s. and machine parts, n.e.s 3.359 117.3 117.1 0.3 0.2 -0.1 0.7 -0.2 75 Computer equipment and office machines 3.988 75.3 74.8 -9.3 -0.3 -0.8 -0.9 -0.7 76 Telecommunications & sound recording & reproducing apparatus & equipment 4.156 94.8 94.6 -3.3 -0.3 -0.4 0.0 -0.2 77 Electrical machinery and equipment 6.680 101.0 100.6 -5.5 -0.6 -0.8 -0.1 -0.4 78 Road vehicles 16.809 117.9 117.8 0.0 0.2 0.0 0.3 -0.1 8 MISCELLANEOUS MANUFACTURED ARTICLES 16.719 108.1 108.0 0.2 -0.1 0.0 0.1 -0.1 81 Prefabricated buildings; plumbing, heat lighting fixtures, n.e.s. 0.317 104.9 104.3 -0.6 1.6 0.1 0.4 -0.6 82 Furniture and parts thereof 1.047 106.7 106.6 0.2 0.3 -0.3 0.1 -0.1 83 Travel goods, handbags and similar containers 0.484 111.1 111.1 -0.3 0.5 -0.2 -0.3 0.0 84 Articles of apparel and clothing accessories 5.213 104.2 104.0 1.0 -0.2 -0.2 0.1 -0.2 85 Footwear 1.929 102.9 102.7 0.1 -0.9 0.4 0.2 -0.2 87 Professional, scientific and controlling instruments and apparatus, n.e.s. 1.424 117.1 116.7 -0.6 0.5 0.4 0.1 -0.3 88 Photographic apparatus, equipment and supplies and optical goods, n.e.s.; 1.434 111.3 110.9 -2.7 -0.4 0.4 0.4 -0.4 89 Miscellaneous manufactured articles, n.e.s. 4.871 111.3 111.3 0.5 -0.1 0.0 0.1 0.0 971 Gold, nonmonetary (excluding gold ores and concentrates) (9212=100) 0.206 112.1 110.6 -1.2 -2.0 0.5 0.5 -1.3 1 Relative importance figures are based on n.a. Not available. 1990 trade values. 2 Data for July, August and September 1996 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 separetely Table 4 U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods, October 1995-October 1996 1990=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance Oct. June July Aug. Sept. SITC Description 1995 1996 1996 1996 1996 Rev. 3 September September October to to to to to 1996 1996 1996 Oct. July Aug. Sept. Oct. 1/ 2/ 1996 1996 1996 1996 1996 ALL COMMODITIES 100.000 108.7 108.4 -1.0 -0.5 -0.2 -0.8 -0.3 0 FOOD AND LIVE ANIMALS 9.472 125.6 123.5 -2.4 -2.0 -0.6 -9.7 -1.7 01 Meat and meat preparations 0.921 114.3 114.5 -3.7 -2.8 2.2 -2.3 0.2 03 Fish, crustaceans, aquatic invertebrates and preparations 0.800 109.9 110.5 -6.9 3.9 1.9 -1.4 0.5 04 Cereals and cereal preparations 4.147 131.1 125.2 -7.4 -3.7 -2.4 -20.1 -4.5 05 Vegetables, fruit and nuts, fresh or dried 1.806 130.2 133.0 0.6 -0.3 0.2 1.1 2.2 08 feeding stuff for animals (not including unmilled cereals) 0.975 133.0 129.8 18.4 -3.0 2.2 4.7 -2.4 1 BEVERAGES AND TOBACCO 2.084 115.6 115.5 0.3 0.1 0.1 -0.2 -0.1 2 CRUDE MATERIALS, INEDIBLE, EXCEPT FUELS 7.847 113.6 112.5 -7.8 -1.1 0.5 1.2 -1.0 21 Hides, skins and furskins, raw 0.482 109.5 117.6 34.9 0.1 9.7 4.1 7.4 22 Oil seeds and oleaginous fruits 1.286 131.9 114.1 6.5 2.7 1.5 -0.5 -13.5 23 Crude rubber (including synthetic and reclaimed) 0.251 108.3 107.6 -7.6 -1.3 1.8 -0.6 -0.6 24 Cork and wood 1.931 147.9 148.6 0.1 -0.7 0.6 1.8 0.5 25 Pulp and waste paper 0.910 89.9 91.1 -39.3 2.7 -1.6 1.1 1.3 26 Textile fibers and their waste 1.055 108.6 107.2 -12.1 -5.8 -1.3 2.2 -1.3 27 Crude fertilizers and crude minerals 0.365 95.0 95.1 -3.5 0.2 -0.2 -0.1 0.1 28 Metalliferous ores and metal scrap 1.302 102.5 106.4 -5.6 -5.1 -0.4 1.4 3.8 3 MINERAL FUELS, LUBRICANTS AND RELATED MATERIALS 3.172 102.4 106.0 15.8 -0.3 0.2 3.1 3.5 32 Coal, coke and briquettes 1.204 98.3 98.6 0.1 -0.6 -0.9 -0.3 0.3 33 Petroleum, petroleum products and related materials 1.815 101.7 107.6 28.4 -0.2 1.0 5.6 5.8 4 ANIMAL AND VEGETABLE OILS, FATS AND WAXES 0.362 121.0 115.8 0.8 -1.7 2.7 5.6 -4.3 5 CHEMICALS AND RELATED PRODUCTS, N.E.S. 10.773 109.6 109.5 -1.4 0.2 -0.8 -0.3 -0.1 51 Organic chemicals 2.590 98.5 98.8 -10.8 0.2 -3.4 -0.2 0.3 52 Inorganic chemicals (9212=100) 1.076 117.5 117.5 0.8 -2.2 0.0 -0.5 0.0 53 Dyeing, tanning and coloring materials (9312=100) 0.449 103.2 103.7 0.9 -0.1 0.2 0.0 0.5 54 Medicinal and pharmaceutical products 1.150 110.7 110.5 1.7 -0.1 0.1 0.1 -0.2 55 Essential oils; polishing and cleansing preps 0.575 112.8 112.8 0.7 0.0 0.2 0.7 0.0 57 Plastics in primary forms (9212=100) 1.953 128.7 127.0 3.3 0.8 0.2 -0.3 -1.3 58 Plastics in nonprimary forms (9212=100) 0.698 106.2 105.8 -3.3 0.6 -1.2 -1.5 -0.4 59 Chemical materials and products, n.e.s. 1.615 118.2 118.4 2.4 1.0 -0.1 -0.1 0.2 6 MANUFACTURED GOODS CLASSIFIED CHIEFLY BY MATERIAL 9.419 111.5 111.0 -4.1 -0.6 -0.4 0.3 -0.4 62 Rubber manufactures, n.e.s. 0.629 119.2 119.3 0.3 -0.1 -0.3 -0.1 0.1 63 Cork and wood manufactures other than furniture (9212=100) 0.380 96.5 96.7 -11.1 -1.5 -0.2 -0.1 0.2 64 Paper, paperboard, and articles of paper pulp, paper or paperboard 1.357 107.4 105.3 -15.6 0.0 -0.5 0.8 -2.0 66 Nonmetallic mineral manufactures, n.e.s. 1.275 111.8 112.9 3.1 0.6 0.8 -0.4 1.0 68 Nonferrous metals 1.330 100.6 98.8 -12.2 -3.2 -2.9 1.2 -1.8 69 Manufactures of metals, n.e.s. 1.732 115.0 115.0 0.8 -0.7 -0.2 0.8 0.0 7 MACHINERY AND TRANSPORT EQUIPMENT 46.349 105.2 105.2 0.0 -0.4 0.0 -0.1 0.0 71 Power generating machinery and equipment 4.483 120.4 120.5 3.2 -0.3 0.2 0.1 0.1 72 Machinery specialized for particular industries 4.492 116.3 116.3 2.1 0.3 0.1 0.1 0.0 73 Metalworking machinery 0.812 114.8 114.5 1.6 0.0 -0.1 0.3 -0.3 74 General industrial machinery and equip- ment, n.e.s. and machine parts, n.e.s 4.614 114.9 115.3 2.7 0.2 0.0 0.1 0.3 75 Computer equipment and office machines 4.724 68.7 68.5 -8.2 -1.7 -0.7 -1.3 -0.3 76 Telecommunications & sound recording & reproducing apparatus & equipment 2.610 106.6 106.8 0.6 -0.2 -0.7 0.0 0.2 77 Electrical machinery and equipment 7.906 101.2 100.9 -2.8 -1.0 -0.2 0.1 -0.3 78 Road vehicles 7.975 109.2 109.5 0.6 -0.1 0.1 0.0 0.3 8 MISCELLANEOUS MANUFACTURED ARTICLES 9.793 109.0 109.0 0.6 0.0 0.1 0.0 0.0 82 Furniture and parts thereof 0.422 102.9 103.2 1.6 0.4 -0.4 0.4 0.3 87 Professional, scientific and controlling instruments and apparatus, n.e.s. 3.616 115.8 115.8 1.7 -0.1 0.5 -0.1 0.0 89 Miscellaneous manufactured articles, n.e.s. 3.625 103.3 103.3 0.2 0.1 -0.2 -0.1 0.0 971 Gold, nonmonetary (excluding gold ores and concentrates) (9212=100) 0.728 113.0 111.7 0.0 -1.7 -0.4 1.5 -1.2 1 Relative importance figures are based on n.a. Not available. 1990 trade values. 2 Data for July, August and September 1996 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 5 U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods, October 1995-October 1996 December 1992=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly Harmo- ance Oct. June July Aug. Sept. nized Description 1995 1996 1996 1996 1996 System September September October to to to to to 1996 1996 1996 Oct. July Aug. Sept. Oct. 1/ 2/ 1996 1996 1996 1996 1996 I LIVE ANIMALS; ANIMAL PRODUCTS 1.667 99.3 100.1 -1.5 -0.7 1.3 0.8 0.8 02 Meat and edible meat offal 0.367 82.1 83.5 -2.6 1.4 2.8 2.2 1.7 03 Fish and crustaceans, molluscs and other aquatic invertebrates 0.971 112.8 112.9 -1.6 -2.2 0.9 0.1 0.1 II VEGETABLE PRODUCTS 1.815 124.5 125.6 -6.2 -0.2 -4.4 5.3 0.9 07 Edible vegetables and certain roots and tubers 0.329 125.3 138.9 26.2 3.4 -2.9 33.2 10.9 08 Edible fruit and nuts; peel of citrus fruit or melons 0.424 98.8 99.3 -3.3 -0.7 -0.8 -2.2 0.5 09 Coffee, tea, mate and spices 0.643 151.9 146.8 -17.8 -1.8 -7.0 1.5 -3.4 3/ Other vegetable products 0.419 122.1 121.9 -10.4 0.9 -4.9 2.3 -0.2 III ANIMAL OR VEGETABLE FATS AND OILS 0.246 145.4 144.3 6.3 -0.2 0.1 -0.8 -0.8 IV PREPARED FOODSTUFFS, BEVERAGES, AND TOBACCO 2.644 112.8 112.2 2.6 -0.7 -0.2 1.0 -0.5 16 Edible preps of meat, fish, and other aquatic invertebrates 0.274 112.8 114.1 4.7 -0.5 1.6 1.5 1.2 20 Preparations of vegetables, fruit, nuts, or other parts of plants 0.468 125.9 121.3 3.0 -0.2 -1.0 -0.2 -3.7 22 Beverages, spirits, and vinegar 1.027 105.4 105.4 2.2 0.4 0.5 0.6 0.0 3/ Other prepared foodstuffs 0.427 117.5 117.0 7.5 -5.1 -1.1 4.3 -0.4 V MINERAL PRODUCTS 15.866 120.4 127.4 34.8 1.6 2.2 6.9 5.8 26 Ores, slag and ash 0.342 91.9 93.8 1.2 -0.3 0.3 1.4 2.1 27 Mineral fuels, oils and residuals, bituminous substances and mineral wax 15.276 121.5 128.8 36.9 1.8 2.3 7.0 6.0 VI PRODUCTS OF THE CHEMICAL OR ALLIED INDUSTRIES 4.694 111.7 111.7 1.1 -0.1 0.0 0.4 0.0 28 Inorganic chemicals 1.036 119.9 122.3 3.3 -1.1 -0.4 0.8 2.0 29 Organic chemicals 1.703 109.0 107.8 -0.1 0.7 -0.2 0.2 -1.1 30 Pharmaceutical products 0.365 120.1 120.2 2.3 0.1 0.7 2.5 0.1 32 Tanning & dyeing extracts; dye & pigments; varnish & paints; putty 0.278 110.7 109.3 0.3 -0.5 0.5 0.5 -1.3 37 Photographic or cinematographic goods 0.361 104.5 104.2 -1.8 0.5 1.0 0.4 -0.3 3/ Essential oils & perfumes; cleaning preps; glues & starches; & explosives 0.491 108.9 109.5 0.9 0.0 -0.2 -0.5 0.6 VII PLASTICS AND ARTICLES THEREOF; RUBBER AND ARTICLES THEREOF 2.483 106.8 106.4 -4.6 -0.8 -0.7 0.1 -0.4 39 Plastics and articles thereof 1.417 103.8 104.0 -5.1 -0.4 -0.2 -0.1 0.2 40 Rubber and articles thereof 1.066 111.0 109.7 -3.8 -1.4 -1.1 0.2 -1.2 VIII RAW HIDES, SKINS, LEATHER, FURSKINS, TRAVEL GOODS, ETC 1.106 108.4 108.4 1.3 0.6 1.5 -1.8 0.0 42 Articles of leather; travel goods, bags, etc. of various materials 0.924 104.6 104.5 0.2 0.7 -0.2 -0.1 -0.1 IX WOOD, WOOD CHARCOAL, CORK, STRAW, BASKET AND WICKER 1.402 131.9 126.4 7.5 -1.5 4.1 3.9 -4.2 X WOOD PULP, WASTE AND SCRAP PAPER, PAPER AND ARTICLES THEREOF 2.967 117.0 115.1 -18.7 -0.4 -1.7 -1.3 -1.6 47 Pulp wood or other fibrous cellulosic material; waste paper/paperboard 0.573 102.7 104.7 -35.0 6.3 -2.3 3.1 1.9 48 Paper and paperboard; articles of paper pulp, paper or paperboard 2.052 123.3 119.6 -15.5 -2.1 -1.9 -2.8 -3.0 49 Printed matter 0.342 108.5 109.7 1.8 -0.1 1.2 -0.2 1.1 XI TEXTILE AND TEXTILE ARTICLES 6.017 103.6 103.3 0.1 -0.2 -0.2 0.1 -0.3 61 Articles of apparel and clothing accessories, knitted or crocheted 1.592 103.7 103.8 1.5 -0.4 -0.8 0.6 0.1 62 Articles of apparel and clothing accessories, not knitted or crocheted 2.957 102.3 101.9 0.8 -0.3 -0.1 0.2 -0.4 63 Made-up or worn textile articles and clothing; needlecraft sets; rags 0.296 109.9 109.8 -1.2 -0.1 -0.2 -0.4 -0.1 XII FOOTWEAR, HEADGEAR, UMBRELLAS, WHIPS, ARTIFICIAL FLOWERS, ETC. 2.106 101.8 101.7 0.3 -0.8 0.4 0.2 -0.1 64 Footwear, gaiters and the like; parts of such articles 1.891 101.5 101.3 0.0 -0.9 0.5 0.1 -0.2 XIII STONE, PLASTER, CEMENT, ASBESTOS,CERAMIC GLASS ETC. 1.042 108.4 108.2 2.1 0.0 0.0 0.1 -0.2 70 Glass and glassware 0.380 110.2 109.8 3.0 -0.3 -0.1 0.2 -0.4 XIV PEARLS, STONES, PRECIOUS METALS, IMITATION JEWELRY, AND COINS 2.371 105.1 104.4 -1.3 -0.7 0.2 0.0 -0.7 XV BASE METALS AND ARTICLES OF BASE METAL 5.898 110.8 110.1 -6.7 -1.8 -0.9 0.1 -0.6 72 Iron and steel 1.711 111.2 111.2 -6.7 -0.4 -0.7 0.5 0.0 73 Articles of iron or steel 1.394 108.4 108.3 -1.8 -0.1 0.3 -0.2 -0.1 74 Copper and articles thereof 0.481 103.7 102.1 -22.3 -12.8 -3.9 1.2 -1.5 75 Nickel and articles thereof 0.264 114.9 116.6 -13.1 -4.8 -5.6 -0.4 1.5 76 Aluminum and articles thereof 0.890 125.2 120.9 -10.8 -1.3 -1.2 0.0 -3.4 79 Zinc and articles thereof 0.193 92.3 92.0 -0.3 -1.4 0.3 0.7 -0.3 83 Miscellaneous articles of base metal 0.364 108.2 108.6 2.6 1.1 0.6 -0.1 0.4 XVI MACHINERY, ELECTRICAL EQUIPMENT, TV IMAGE & SOUND RECORDERS, PARTS, ETC. 23.843 98.3 98.0 -3.4 -0.1 -0.4 0.0 -0.3 84 Specialized machinery & computer equipment 12.705 98.1 97.8 -2.4 0.1 -0.1 0.0 -0.3 85 Electrical machinery and equip, sound and TV recorders & reproducers, parts 11.138 98.5 98.2 -4.5 -0.5 -0.6 -0.1 -0.3 XVII VEHICLES, AIRCRAFT, VESSELS AND ASSOCIATED TRANSPORT EQUIPMENT 17.237 110.3 110.1 0.2 0.3 0.0 0.4 -0.2 87 Motor vehicles and their parts 16.026 110.5 110.3 -0.1 0.2 0.0 0.4 -0.2 XVIII OPTICAL, PHOTO, MEASURING, MEDICAL & MUSICAL INSTRUMENTS; CLOCKS & WATCHES 3.330 108.5 108.1 -2.0 -0.2 0.2 0.1 -0.4 90 Optical, photographic, measuring and medical instruments 2.787 108.0 107.6 -2.1 -0.2 0.2 0.0 -0.4 91 Clocks and watches and parts thereof 0.382 111.2 110.7 -1.8 -0.3 0.3 1.4 -0.4 XX MISCELLANEOUS MANUFACTURED ARTICLES 3.202 101.1 100.9 0.2 -0.1 -0.1 0.1 -0.2 94 Furniture; stuffed furnishings; lamps and lighting fittings nes; 1.253 100.4 100.2 -1.1 0.1 -0.2 0.1 -0.2 95 Toys, games and sports equipment; parts and accessories thereof 1.668 101.1 100.8 1.6 -0.2 0.0 0.1 -0.3 96 Miscellaneous manufactured articles 0.281 104.7 104.1 -3.0 -1.0 0.1 0.7 -0.6 1 Relative importance figures are based on 1990 trade values. 2 Data for July, August and September 1996 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, October 1995-October 1996 December 1992=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly Harmo- ance Oct. June July Aug. Sept. nized Description 1995 1996 1996 1996 1996 System September September October to to to to to 1996 1996 1996 Oct. July Aug. Sept. Oct. 1/ 2/ 1996 1996 1996 1996 1996 I LIVE ANIMALS; ANIMAL PRODUCTS 2.015 116.1 116.7 -3.0 1.9 2.3 -2.4 0.5 02 Meat & edible meat offal 0.804 104.6 104.4 -5.8 -2.2 2.2 -3.1 -0.2 03 Fish and crustaceans, molluscs and other aquatic invertebrates 0.844 127.9 129.0 -6.7 4.7 2.0 -1.7 0.9 03R Other fish, crustaceans & aquatic invertebrates 0.465 141.8 141.0 -13.0 6.8 1.7 -3.3 -0.6 II VEGETABLE PRODUCTS 7.352 133.7 126.8 -3.6 -2.1 -1.4 -13.5 -5.2 07 Edible vegetables and certain roots and tubers 0.375 106.4 110.9 n.a. -1.7 -3.4 -1.2 4.2 08 Edible fruit and nuts; peel of citrus fruit or melons 0.994 134.9 136.8 -3.5 -1.2 1.7 3.9 1.4 10 Cereals 4.114 135.8 128.8 -8.0 -3.4 -2.4 -22.2 -5.2 12 Oilseeds and misc. grains, seeds, fruits, plants, straw and fodder 1.591 139.9 122.4 6.1 2.7 1.4 -0.4 -12.5 III ANIMAL OR VEGETABLE FATS AND OILS 0.396 120.7 115.9 -1.2 -1.8 1.8 4.1 -4.0 IV PREPARED FOODSTUFFS, BEVERAGES, AND TOBACCO 3.880 109.3 108.8 4.1 -1.1 0.3 1.1 -0.5 20 Preparations of vegetables, fruit, nuts, or other parts of plants 0.337 112.3 113.5 3.1 -1.8 -1.5 -1.2 1.1 21 Miscellaneous edible preparations 0.226 101.6 101.7 1.9 0.1 -0.1 0.5 0.1 23 Residues and waste from the food industries; prepared animal feed 0.872 124.1 121.0 18.3 -3.5 2.1 4.9 -2.5 V MINERAL PRODUCTS 4.494 117.9 122.3 12.9 -1.2 -0.2 3.1 3.7 27 Mineral fuels, oils and residuals, bituminous substances and mineral wax 3.782 120.5 124.7 17.0 -0.1 0.3 3.1 3.5 VI PRODUCTS OF THE CHEMICAL OR ALLIED INDUSTRIES 9.358 113.0 113.1 -1.4 0.0 -1.0 -0.1 0.1 28 Inorganic chemicals 1.311 120.4 120.3 0.9 -1.5 -0.1 -0.4 -0.1 29 Organic chemicals 3.290 110.9 111.2 -7.1 -0.1 -3.1 -0.2 0.3 30 Pharmaceutical products 0.737 106.9 106.7 1.0 0.0 0.1 0.1 -0.2 32 Tanning or dyeing extracts; dyes and pigments; paints & varnish; putty;ink 0.422 102.4 102.7 0.6 -0.1 0.2 0.0 0.3 33 Essential oils and resinoids; perfumery, cosmetic or toilet 0.389 108.3 108.2 -0.1 -0.2 0.4 0.6 -0.1 34 Soap; lubricants; waxes, polishing or scouring products; candles, pastes 0.251 112.8 112.7 1.0 0.3 0.1 0.4 -0.1 37 Photographic or cinematographic goods 0.513 98.4 98.3 -1.2 0.0 0.1 0.1 -0.1 38 Miscellaneous chemical products 1.396 113.7 113.9 2.5 1.1 -0.2 0.1 0.2 VII PLASTICS AND ARTICLES THEREOF; RUBBER AND ARTICLES THEREOF 4.164 115.2 114.3 0.4 0.4 -0.3 -0.4 -0.8 39 Plastics and articles thereof 3.297 116.8 115.7 1.1 0.7 -0.4 -0.5 -0.9 40 Rubber and articles thereof 0.867 109.6 109.5 -2.1 -0.5 0.3 -0.2 -0.1 VIII RAW HIDES, SKINS, LEATHER, FURSKINS, TRAVEL GOODS, ETC. 0.866 115.0 120.1 17.1 -0.3 6.6 2.7 4.4 41 Raw hides and skins (other than furskins) and leather 0.661 108.8 115.1 15.9 -0.1 8.8 3.4 5.8 IX WOOD, WOOD CHARCOAL, CORK, STRAW, BASKET AND WICKER 1.908 115.1 115.5 -2.3 -0.9 0.6 1.4 0.3 X WOOD PULP, WASTE AND SCRAP PAPER, PAPER AND ARTICLES THEREOF 3.503 111.2 110.6 -21.6 0.9 -0.3 0.5 -0.5 47 Pulp wood or other fibrous cellulosic material; waste paper/paperboard 1.161 112.5 113.8 -38.7 2.3 -1.5 1.1 1.2 48 Paper and paperboard; articles of paper pulp, paper or paperboard 1.457 111.7 109.3 -15.5 -0.4 -0.4 0.7 -2.1 49 Printed material 0.885 108.9 108.6 5.0 0.9 2.0 -0.4 -0.3 XI TEXTILE AND TEXTILE ARTICLES 3.197 115.4 114.5 -5.5 -2.7 -0.4 1.0 -0.8 52 Cotton, including yarns and woven fabrics thereof 1.166 135.5 133.6 -12.7 -6.6 -1.6 2.8 -1.4 XIV PEARLS, STONES, PRECIOUS METALS, IMITATION JEWELRY, AND COINS 1.873 110.4 110.1 1.6 -1.1 0.1 1.4 -0.3 XV BASE METALS AND ARTICLES OF BASE METALS 5.082 115.3 114.4 -6.5 -2.1 -1.0 0.4 -0.8 72 Iron and steel 1.226 120.3 119.3 -7.7 -1.2 -1.0 -0.7 -0.8 73 Articles of iron or steel 0.991 110.1 110.2 1.2 -1.0 0.4 0.1 0.1 74 Copper and articles thereof 0.476 98.2 97.8 -20.4 -13.0 -4.7 0.9 -0.4 76 Aluminum and articles thereof 1.219 120.2 117.2 -12.9 -1.7 -1.3 0.3 -2.5 83 Miscellaneous articles of base metal 0.333 108.7 108.0 -0.8 -0.4 -0.1 0.3 -0.6 XVI MACHINERY, ELECTRICAL EQUIPMENT, TV IMAGE AND SOUND RECORDERS, PARTS, ETC 29.008 96.3 96.2 -1.3 -0.6 -0.2 -0.2 -0.1 84 Specialized machinery & computer equipment 17.898 95.5 95.5 -1.0 -0.5 -0.2 -0.3 0.0 85 Electrical machinery and equip, sound & tv recorders & reproducers, parts 11.110 97.5 97.3 -2.0 -0.9 -0.2 0.0 -0.2 XVII VEHICLES, AIRCRAFT, VESSELS AND ASSOCIATED TRANSPORT EQUIPMENT 15.811 107.5 107.7 1.5 0.1 0.1 0.0 0.2 87 Motor vehicles and their parts 8.102 104.6 104.8 0.7 -0.1 0.1 0.0 0.2 XVIII OPTICAL, PHOTO, MEASURING, MEDICAL & MUSICAL INSTRUMENTS; CLOCKS & WATCHES 4.786 104.9 104.9 1.2 -0.2 0.2 0.1 0.0 XX MISCELLANEOUS MANUFACTURED ARTICLES 1.275 103.1 103.2 0.8 0.2 -0.1 0.0 0.1 94 Furniture; stuffed furnishings; lamps and lighting fittings nesoi; 0.602 104.8 105.0 1.7 0.5 -0.3 0.3 0.2 95 Toys, games and sports equipment; parts and accessories thereof 0.498 99.8 99.8 -0.4 0.0 0.1 -0.3 0.0 1 Relative importance figures are based on 1990 trade values. 2 Data for July, August and September 1996 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,October 1995-October 1996 December 1990=100, unless otherwise noted Index Percent Change Percentage of Annual Monthly US Imports Oct. June July Aug. Sept. Description 1/ 1995 1996 1996 1996 1996 1990 Sept. Oct. to to to to to 1996 1996 Oct. July Aug. Sept. Oct. 2/ 1996 1996 1996 1996 1996 3/ Developed Countries 59.3 110.6 110.4 -0.5 -0.1 0.1 0.5 -0.2 Manufactured Goods 55.5 112.4 111.9 -1.6 -0.2 0.0 0.4 -0.4 Nonmanufactured Goods 3.5 110.9 114.1 21.8 0.9 1.2 3.2 2.9 3/ Developing Countries 40.7 94.4 96.1 6.7 0.0 0.2 1.9 1.8 Manufactured Goods 30.2 102.5 103.1 0.3 -0.6 -0.2 0.3 0.6 Nonmanufactured Goods 10.4 91.4 96.5 32.2 2.0 1.6 8.0 5.6 Canada 18.1 104.1 104.5 -0.1 -0.3 -0.1 0.8 0.4 Manufactured Goods 15.7 105.4 105.1 -3.0 -0.5 -0.4 0.7 -0.3 Nonmanufactured Goods 2.2 111.8 116.6 25.1 1.7 1.4 2.4 4.3 4/ European Union 17.8 108.3 108.3 1.9 -0.1 0.3 0.4 0.0 Manufactured Goods 17.3 109.2 109.1 1.4 -0.1 0.4 0.3 -0.1 Nonmanufactured Goods 0.5 114.5 117.4 21.9 0.8 1.5 3.9 2.5 Japan 18.5 115.1 114.5 -3.6 -0.3 -0.2 0.0 -0.5 5/ Asian Newly Industrialized Countries 12.5 97.4 97.4 -2.5 -0.5 -0.3 -0.3 0.0 1 Regions are not mutually exclusive. 2 Data for July, August and September 1996 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 Hong Kong, Singapore, South Korea, and Taiwan. Table 8 U.S. International Price Indexes and Percent Changes for Selected Categories of Services. September 1995-September 1996 1990 = 100, unless otherwise noted Index Percent Change Annual Quarterly Trade Sept. Sept. Dec. March June Description (Mil. 1995 1995 1995 1996 1996 of June Sept. to to to to to Dollars) 1996 1996 Sept. Dec. March June Sept. 1996 1995 1996 1996 1996 Air Freight (Inbound) (9/90 = 100) 3308 109.2 109.8 -2.5 0.6 -2.8 -0.8 0.5 Atlantic (9/90 =100) 1025 94.6 96.3 -4.5 0.7 -5.0 -1.9 1.8 Pacific (9/90 = 100) 2028 118.4 117.6 -1.6 1.3 -1.7 -0.5 -0.7 Air Freight (Outbound) (9/92 = 100) 2694 97.9 97.4 -1.5 -0.8 -0.5 0.3 -0.5 Atlantic (9/92 = 100) 920 104.0 103.8 -2.5 -1.3 -1.9 0.9 -0.2 Pacific (9/92 = 100) 1224 97.6 96.7 0.2 0.8 0.3 0.0 -0.9 Air Passenger Fares (U.S. Carrier) 24233 127.4 131.1 3.6 -7.2 2.2 6.2 2.9 1/ Atlantic 10075 125.9 133.5 6.6 -12.4 1.3 13.3 6.0 1/ Pacific 7271 127.7 125.5 -0.6 -4.6 4.2 1.8 -1.7 1/ Latin American / Caribbean 4492 129.8 130.1 1.4 -1.2 2.5 -0.1 0.2 Canadian 1264 143.0 165.6 21.0 1.6 0.1 2.7 15.8 Air Passenger Fares (Foreign Carrier) 22669 122.5 125.5 3.4 -5.0 -0.7 7.0 2.4 Atlantic 13156 121.1 125.8 5.4 -6.5 -1.6 10.3 3.9 Pacific 5663 122.2 118.9 -4.6 -5.9 -0.3 4.5 -2.7 Latin American / Caribbean 2890 130.1 131.8 3.8 0.8 1.7 -0.1 1.3 Crude Oil Tanker Freight (Inbound) 2153 126.9 r 109.6 -5.8 14.9 -3.2 -1.9 r -13.6 Atlantic 572 119.7 r 116.7 -3.1 -9.9 13.2 -2.5 r -2.5 Gulf 1455 118.0 r 98.9 -8.9 25.4 -9.0 -4.8 r -16.2 Ocean Liner Freight (Inbound) 8065 111.3 109.6 -3.4 -0.4 0.4 -1.9 -1.5 U.S. East Coast 3769 116.7 r 115.9 -0.2 0.3 1.1 -0.9 r -0.7 from Atlantic 1889 123.6 r 121.9 1.5 -0.1 4.7 -1.6 r -1.4 from Pacific 1154 108.4 r 108.2 -4.8 0.0 -4.1 -0.6 r -0.2 U.S. West Coast 4296 106.6 r 104.1 -6.5 -1.1 -0.3 -2.9 r -2.3 from Pacific 3943 107.9 r 105.3 -7.0 -1.1 -0.5 -3.1 r -2.4 1 Detailed data available upon request. Table 9 U.S. Import and Export Price Indexes and Percent Changes for Selected Categories of Services. September 1995-September 1996 1990 = 100, unless otherwise noted Index Percent Change Annual Quarterly Trade Sept. Sept. Dec. March June Description (Mil. 1995 1995 1995 1996 1996 of June Sept. to to to to to Dollars) 1996 1996 Sept. Dec. March June Sept. 1996 1995 1996 1996 1996 IMPORT Air Freight (9/90 = 100) 2001 116.4 116.1 -0.9 2.0 -1.2 -1.4 -0.3 Atlantic (9/90 = 100) 738 96.4 98.4 -1.3 1.5 -2.3 -2.5 2.1 Pacific (9/90 = 100) 1102 134.0 132.1 0.8 3.9 -0.7 -0.9 -1.4 Air Passenger Fares 10450 124.0 122.1 0.5 -4.4 -0.8 7.5 -1.5 Atlantic 6577 122.3 122.0 1.4 -6.5 -1.6 10.5 -0.2 Pacific 2051 122.4 111.1 -7.4 -2.6 -1.0 5.8 -9.2 Latin American / Caribbean 1678 132.3 134.1 4.4 0.7 2.2 0.1 1.4 Crude Oil Tanker Freight 1985 129.3 110.9 -9.6 17.9 -9.4 -1.4 -14.2 Atlantic 534 127.3 119.8 -3.6 -9.1 13.3 -0.5 -5.9 Gulf 1328 118.4 99.6 -14.5 29.5 -17.3 -5.1 -15.9 Ocean Liner Freight 6017 111.5 110.2 -2.8 -0.6 0.9 -1.9 -1.2 U.S. East Coast 2832 117.9 117.8 -0.1 -0.2 1.2 -1.0 -0.1 from Atlantic 1336 126.1 126.4 2.9 -0.2 5.2 -2.2 0.2 from Pacific 1094 112.6 112.4 -3.7 0.0 -3.3 -0.2 -0.2 U.S. West Coast 3185 106.0 103.5 -5.5 -1.0 0.6 -2.8 -2.4 from Pacific 2840 107.6 105.0 -6.2 -1.1 0.3 -3.1 -2.4 EXPORT Air Passenger Fares 11867 123.5 127.9 1.4 -4.9 1.6 1.4 3.6 1/ Atlantic 4159 126.1 136.5 8.0 -7.5 2.0 5.8 8.2 1/ Pacific 4679 120.2 120.5 -4.8 -4.9 2.3 -2.4 0.2 Latin American / Caribbean 1775 124.2 125.3 1.5 2.5 -0.8 -1.1 0.9 Canadian 619 139.3 149.3 14.8 -1.2 4.0 4.3 7.2 1 Detailed data available upon request.