Petroleum import prices fall in July
August 11, 2000
The U.S. Import Price Index was unchanged in July after increasing 1.2 percent in June. A decline in petroleum prices in July offset a rise in nonpetroleum prices.
Prior to July, import prices had advanced in 11 of the previous 12 months. In July, a 2.4 percent drop in the volatile petroleum index came after an increase of 10.0 percent in June. Nonpetroleum import prices rose 0.3 percent in July after increasing 0.1 percent in the previous month.
Over the past 12 months petroleum prices rose 59.5 percent.
These data are a product of the BLS International Price program. Learn more in "U.S. Import and Export Price Indexes - July 2000," news release USDL 00-226. Note: import price data are subject to revision in each of the three months after original publication.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Petroleum import prices fall in July on the Internet at https://www.bls.gov/opub/ted/2000/aug/wk1/art05.htm (visited September 27, 2020).
Recent editions of Spotlight on Statistics
- Using BLS Data to Match People with Disabilities with Jobs Presents data that can help increase access and opportunity for people with disabilities in the nation’s labor market.
- How Women and Aging Affect Trends in Labor Force Growth Examines how women’s labor force participation and the aging of the U.S. population affect trends in labor force growth.
- Meal Appeal: Patterns of Expenditures on Food away from Home
Examines spending on food away from home, such as meals or snacks from restaurants, vending machines, employer cafeterias, or other venues.
- Job Flexibilities and Work Schedules in 2017–18
Examines data on job flexibilities, such as working at home, flexible schedules, and shift work.