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U.S. import prices down 0.2 percent over year ended July 2025

August 25, 2025

Prices for U.S. imports were little changed, down 0.2 percent, from July 2024 to July 2025. The all commodities import price index increased 1.7 percent over the year ended July 2024. Since 2015, the over-the-year change in U.S. import prices has ranged from –10.5 percent (in 2015) to 10.2 percent (2021).

12-month percent changes in Import Price Indexes, selected categories, July, 2015–2025
12 months ended All commodities Fuels & lubricants Foods, feeds, & beverages Industrial supplies & materials Capital goods Automotive vehicles, parts & engines Consumer goods, excluding automotives

Jul 2015

-10.5 -42.9 -1.8 -28.9 -2.2 -1.3 -1.0

Jul 2016

-3.7 -21.3 1.3 -11.8 -1.9 -0.7 -0.4

Jul 2017

1.2 6.3 2.4 4.5 0.2 -0.3 0.1

Jul 2018

4.8 41 -3.6 21.1 0.3 0.3 0.7

Jul 2019

-2.0 -7.2 2.2 -5.5 -1.3 -0.6 -0.6

Jul 2020

-2.8 -28.2 -1.2 -12.0 0.0 0.8 -0.2

Jul 2021

10.2 65.6 9.9 41.5 1.8 1.9 1.1

Jul 2022

8.8 56.6 7.3 23.6 3.6 3.5 2.0

Jul 2023

-4.8 -31.3 2.3 -17.4 0.5 1.6 -0.4

Jul 2024

1.7 5.9 6.1 3.4 0.1 2.4 0.7

Jul 2025

-0.2 -12.1 1.8 -2.0 1.0 -0.2 -0.5

Note: Data may be revised in each of the 3 months after initially published.

Fuel and lubricants import prices decreased 12.1 percent for the 12 months ended July 2025. Within this category, prices for petroleum imports decreased 13.7 percent and prices for import natural gas increased 62.2 percent over this period.

Foods, feeds, and beverages import prices increased 1.8 percent over the year ended July 2025, following an increase of 6.1 percent over the year ended July 2024.

Industrial supplies and materials import prices decreased 2.0 percent over the past year. Capital goods import prices increased 1.0 percent.

Prices for automotive vehicles, parts, and engine imports decreased 0.2 percent, while prices for imported consumer goods, excluding automotives, decreased 0.5 percent over the 12 months ended July 2025.

These data are from the International Price program and are not seasonally adjusted. To learn more, see "U.S. Import and Export Price Indexes — July 2025." Also see more charts on U.S. import and export prices.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, U.S. import prices down 0.2 percent over year ended July 2025 at https://www.bls.gov/opub/ted/2025/u-s-import-prices-down-0-2-percent-over-year-ended-july-2025.htm (visited August 27, 2025).

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