Import prices rise in July
August 13, 2004
The U.S. Import Price Index rose 0.2 percent in July 2004. The increase resumed the upward trend in the index, following a modest 0.1-percent decrease in June.
Import petroleum prices advanced 0.9 percent in July, contributing to the overall increase in import prices and reversing the 0.9-percent downturn for the index in June. Prices for petroleum imports were up 29.5 percent over the past 12 months.
Nonpetroleum prices also rose in July, edging up 0.1 percent. Prices for nonpetroleum imports have not declined since October and were up 2.6 percent for the year ended in July. Overall, import prices rose 5.5 percent over the same period.
Export prices rose 0.4 percent in July, as higher prices for nonagricultural exports more than offset a decline in the price index for agricultural exports.
These data are from the BLS International Price program. Import and export price data are subject to revision. Learn more in "U.S. Import and Export Price Indexes - July 2004" (PDF) (TXT), news release USDL 04-1520.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Import prices rise in July on the Internet at https://www.bls.gov/opub/ted/2004/aug/wk2/art05.htm (visited May 24, 2017).
Recent editions of Spotlight on Statistics
STEM occupations: past, present, and future
A look at employment and wages in science, technology, engineering, and mathematics occupations.
Workplace injuries and illnesses and employer costs for workers’ compensation
Workplace injury and illness data and the costs to employers for workers’ compensation in natural resources, construction, and maintenance occupations.
A look at the future of the U.S. labor force to 2060
Projected long-term trends in the growth, size, and composition of the labor force.
Union membership in the United States
Historical trends in union membership among employed wage and salary workers; union membership by a variety of demographic characteristics.