Import prices in January
February 17, 2004
The U.S. Import Price Index increased 1.3 percent in January.
[Chart data—TXT]
The 1.3-percent advance in import prices in January marked the fourth consecutive monthly increase in this series and was led by a 6.2-percent climb in petroleum prices, the largest rise in the petroleum index since February 2003. Over the past twelve months, however, petroleum prices were up a comparatively modest 2.8 percent.
Prices for nonpetroleum imports rose 0.7 percent in January and were up 1.5 percent during the January 2003-2004 period. Overall import prices rose 1.8 percent for the year ended in January.
Export prices gained 0.5 percent in January, following a 0.2-percent rise in December.
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 - January 2004" (PDF) (TXT), news release USDL 04-151.
OF INTEREST
Recent editions of Spotlight on Statistics
- Fatal Injuries to Foreign-Born Hispanic or Latino Workers
Explores the industries, occupations, and events related to these fatalities.
- For-Profit, Nonprofit, and Government Sector Jobs in 2022
Compares the labor force characteristics and experiences of workers in the for-profit, nonprofit, government, and self-employed sectors.
- Union Membership, Activity, and Compensation in 2022
Focuses on trends in union membership, work stoppages, and pay and benefits among union members.
- A Look at a Neat Industry: Distilleries
Examines trends in employment, establishments, wages, and consumer prices for distilleries.
- Healthcare Occupations: Characteristics of the Employed
Compares the demographic characteristics of workers in healthcare occupations.
United States Department of Labor
