February rise in import prices largest since 1990
March 16, 2000
The U.S. Import Price Index rose 1.9 percent in February. The increase—the largest since October 1990—was primarily led by higher prices for imported petroleum products.
Prices for petroleum imports surged 13.9 percent in February, the largest monthly jump in this component since last April. Non-petroleum import prices rose 0.3 percent in February.
Overall, import prices have risen 9.0 percent for the year ended February. The petroleum index has increased for twelve consecutive months and has advanced 168.4 percent over the past year. In contrast, the non-petroleum index increased 0.1 percent during the February 1999-2000 period.
These data are a product of the BLS International Price program. Learn more in "U.S. Import and Export Price Indexes - February 2000," news release USDL 00-76. 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, February rise in import prices largest since 1990 on the Internet at https://www.bls.gov/opub/ted/2000/mar/wk2/art04.htm (visited July 29, 2017).
Recent editions of Spotlight on Statistics
Women in the workforce before, during, and after the Great Recession
A look at trends and projections in the labor force participation of women from the 1950s to 2024.
Employer-sponsored healthcare coverage across wage groups
A look at the relationship between employee wages and access to, participation in, and costs of employer-sponsored medical, dental, and vision care benefit plans.
Sports and Exercise
A look at participation and time spent in sports and exercise activities.
Women at Work
A look at women's labor force participation and earnings, how women spend their time and money, the nature of fatal work injuries, and labor force projections for the future.