Import prices in July 2005
August 15, 2005
Prices for U.S. imports rose 1.1 percent in July after a similar increase of 1.0 percent in June. For the second consecutive month, higher petroleum prices more than offset a decrease in nonpetroleum prices.
The 1.1-percent increase in import prices was the sixth advance in the past seven months. Petroleum prices, up 6.6 percent in July, again led overall import prices higher. The increase followed a 7.9-percent advance in June. The July price index for petroleum imports was at its highest level since publication began in 1982.
In contrast, nonpetroleum prices fell a modest 0.1 percent in July, the third decline in a row. The July decrease in nonpetroleum import prices was led by a decline in capital goods prices attributable to a decline in prices for computers, peripherals, and semiconductors.
These data are from the BLS International Price program. Import and export price data are subject to revision. To learn more about changes in the prices of U.S. imports and exports, see U.S. Import and Export Price Indexes - July 2005 (PDF) (TXT), news release USDL 05-1516.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Import prices in July 2005 on the Internet at https://www.bls.gov/opub/ted/2005/aug/wk3/art01.htm (visited January 22, 2018).
Recent editions of Spotlight on Statistics
Industry on Tap: Breweries
A look at employment, wages, and job safety in breweries and producer prices for beer.
Differences in Parents’ Time Use between the Summer and the School Year
A look at how parents of school-age children spend their time in the summer and the school year.
Hispanics in the United States: Celebrating National Hispanic Heritage Month
A look at employment, earnings, consumer spending, time use, and workplace injuries and illnesses for the Hispanic or Latino U.S. population.
Expenditures on Admissions to the Arts, Movies, Sporting Events, and Other Entertainment
A look at consumer spending and attendance at arts, sports, and entertainment events.