Import prices in April
May 11, 2007
The U.S. Import Price Index rose 1.3 percent in April 2007. For the second consecutive month the increase was led by higher petroleum prices.
The 2.8-percent increase in import prices over the past two months drove the index to the highest level recorded since petroleum prices peaked in August 2006. This was largely attributable to the price index for petroleum which rose a further 6.5 percent in April after an 8.1-percent gain in March and a 1.7-percent advance in February.
Despite the recent increases, petroleum prices were down 1.8 percent over the past year. Nonpetroleum prices also rose in April, advancing 0.2 percent following a 0.3-percent increase in March. The nonpetroleum price index was up 2.9 percent over the past 12 months.
Overall import prices rose 1.9 percent for the year ended in April 2007.
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 -- April 2007" (PDF) (TXT), news release USDL 07-0675.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Import prices in April on the Internet at https://www.bls.gov/opub/ted/2007/may/wk1/art05.htm (visited October 22, 2020).
Recent editions of Spotlight on Statistics
- Gulf War Era Veterans in the Labor Force
Examines the demographic, employment, and unemployment characteristics of civilians who served in the U.S. military during Gulf War era.
- Using BLS Data to Match People with Disabilities with Jobs Presents data that can help increase access and opportunity for people with disabilities in the nation’s labor market.
- How Women and Aging Affect Trends in Labor Force Growth Examines how women’s labor force participation and the aging of the U.S. population affect trends in labor force growth.
- Meal Appeal: Patterns of Expenditures on Food away from Home
Examines spending on food away from home, such as meals or snacks from restaurants, vending machines, employer cafeterias, or other venues.