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The U.S. Import Price Index fell 0.5 percent in April. The monthly decrease was the third in a row and was attributable to falling prices for both petroleum and nonpetroleum imports. The indexes for both petroleum and nonpetroleum imports decreased by 0.5 percent in April.
For the year ended in April, the price index for overall imports declined 0.7 percent. Over the same time period, imported petroleum prices decreased 1.6 percent and prices for nonpetroleum imports fell 0.6 percent.
These data are a product of the BLS International Price program. Learn more in "U.S. Import and Export Price Indexes - April 2001," news release USDL 01-133. 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, Third decline in a row for import prices at https://www.bls.gov/opub/ted/2001/may/wk1/art05.htm (visited June 10, 2023).