Department of Labor Logo United States Department of Labor
Dot gov

The .gov means it's official.
Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you're on a federal government site.

Https

The site is secure.
The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely.

Imported petroleum prices drop in December

January 12, 2001

The U.S. Import Price Index decreased 0.5 percent in December. The decline followed a 0.1-percent increase in the previous month and reflected a 9.3-percent over-the-month downturn for imported petroleum prices.

Over-the-month percent change in import price indexes, petroleum imports, December 1999- December 2000 (not seasonally adjusted)
[Chart data—TXT]

The volatile petroleum index still rose 18.8 percent for the year ended in December 2000 after surging 136.8 percent from December 1998 to December 1999.

From December 1999 to December 2000, import prices rose 3.5 percent after gaining 7.1 percent in the December 1998-99 period. The increase in both years was largely attributable to rising petroleum prices.

These data are a product of the BLS International Price program. Learn more in "U.S. Import and Export Price Indexes - December 2000," news release USDL 01-10. Note: export price data are subject to revision in each of the three months after original publication.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Imported petroleum prices drop in December at https://www.bls.gov/opub/ted/2001/jan/wk2/art05.htm (visited October 31, 2024).

OF INTEREST
spotlight
Recent editions of Spotlight on Statistics


triangle