Import and export prices in August 2011
September 16, 2011
Import prices declined 0.4 percent in August, led by a 1.8-percent decrease in fuel prices; in contrast, prices for exports rose 0.5 percent after declining 0.4 percent in July.
Import prices for petroleum dropped 2.1 percent in August, which more than offset a 3.3-percent advance in the price index for natural gas. Petroleum and natural gas prices each increased over the past 12 months, rising 43.5 percent and 8.0 percent, respectively. Nonfuel prices advanced 0.2 percent for the second consecutive month and 5.3 percent for the year ended in August 2011.
Higher prices for agricultural and nonagricultural exports each contributed to the advance in export prices in August. Overall export prices increased 9.6 percent for the 12 months ended in August 2011.
These data are from the BLS International Price program. Import and export price data are subject to revision. For more information, see “U.S. Export and Import Price Indexes — August 2011” (HTML) (PDF), news release USDL-11-1325.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Import and export prices in August 2011 on the Internet at https://www.bls.gov/opub/ted/2011/ted_20110916.htm (visited October 20, 2020).
Recent editions of Spotlight on Statistics
- 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.
- Job Flexibilities and Work Schedules in 2017–18
Examines data on job flexibilities, such as working at home, flexible schedules, and shift work.