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U.S. IMPORT AND EXPORT PRICE INDEXES
- AUGUST 2006 -
The U.S. Import Price Index rose 0.8 percent in August, the Bureau of
Labor Statistics of the U.S. Department of Labor reported today. The August
increase was led by a 2.3 percent advance in petroleum prices, although a 0.5
percent rise in nonpetroleum prices was also a contributing factor. Export
prices increased 0.4 percent for the second consecutive month in August.
Percent changes in import and export price indexes
by End Use category
-not seasonally adjusted-
IMPORTS EXPORTS
Month Non- Agri- Nonagri-
All Petroleum petroleum All cultural cultural
Imports Imports Imports Exports Exports Exports
2005
August 1.4 7.4 0.1 -0.2 -0.6 -0.1
September 2.1 6.9 0.9 0.8 -1.4 1.0
October 0.1 -3.1 1.0 0.7 0.3 0.8
November -1.9 -9.4 -0.1 -0.6 -0.2 -0.7
December 0.0 -0.3 0.0 0.1 -0.5 0.2
2006
January 1.2 5.8 0.3 0.7 0.6 0.7
February -0.8 -1.0 -0.7 0.1 -0.7 0.2
March -0.1 0.6 -0.3 0.2 -0.1 0.2
April 2.1 11.3 0.1 0.7 -0.4 0.7
May 1.8 6.4 0.7 0.7 r 0.6 0.7
June 0.1 r -1.1 r 0.4 0.7 2.5 0.6 r
July 1.0 r 5.1 r 0.0 r 0.4 1.9 0.3 r
August 0.8 2.3 0.5 0.4 1.0 0.4
August 2004-05 8.2 45.4 1.9 3.1 6.7 2.8
August 2005-06 6.6 24.3 2.7 5.2 3.5 5.3
r = revised to reflect late reports and corrections by respondents.
Import Goods
Import prices increased 0.8 percent in August, compared to a 1.0
percent rise in July. Petroleum prices rose 2.3 percent in August, and were up
25.9 percent over the past five months. Nonpetroleum prices also increased in
August, rising 0.5 percent. For the year ended in August, prices for
nonpetroleum imports rose 2.7 percent while overall import prices advanced
6.6 percent.
The August increase in nonpetroleum prices was led by a 1.8 percent
rise in the price index for nonpetroleum industrial supplies and materials,
which resumed an upward trend following a 0.9 percent downturn in July. The
index increased 11.4 percent over the past 12 months. The August increase in
nonpetroleum industrial supplies and materials prices was driven by higher
natural gas and unfinished metals prices which more than offset declining
prices for chemicals and building materials. A 2.5 percent advance in foods,
feeds, and beverages prices in August also contributed to the rise in
nonpetroleum prices. The increase was the largest one-month jump in the
index since March 2005, and prices for foods, feeds, and beverages rose 6.0
percent over the past year.
Price indexes for each of the major finished goods areas recorded little
movement in August. Capital goods prices rose a modest 0.1 percent while the
price indexes for consumer goods and automotive vehicles were both
unchanged. For the August 2005-2006 period, consumer goods prices and
prices for automotive vehicles increased, up 0.7 percent and 0.6 percent,
respectively, while capital goods prices decreased 0.3 percent.
Export Goods
Export prices rose 0.4 percent in August as higher prices for both
agricultural exports and nonagricultural exports contributed to the increase.
Prices for agricultural exports advanced for the fourth consecutive month,
rising 1.0 percent in August. Higher prices for cotton, corn, and other
agricultural foods more than offset lower wheat and soybean prices. Led by
the increases in the past four months, agricultural prices rose 3.5 percent for
the year ended in August. Nonagricultural prices continued a steady upward
trend, rising 0.4 percent in August and 5.3 percent over the past 12 months.
Overall export prices advanced a similar 5.2 percent for the year ended in
August.
The August increase in nonagricultural prices was mostly driven by a
1.5 percent advance in the price index for nonagricultural industrial supplies
and materials, which was attributable to higher prices for metals, fuels, and
chemicals. Nonagricultural industrial supplies and materials prices rose 15.4
percent for the year ended in August. A 0.2 percent increase in consumer
goods prices also contributed to the August rise in nonagricultural prices.
Prices for consumer goods advanced 2.4 percent over the past year.
In contrast, capital goods prices fell 0.3 percent in August as prices for
computers, peripherals, and semi-conductors declined 1.8 percent. Excluding
computers, capital goods prices rose 0.2 percent. Despite the August decline,
overall capital goods prices increased 0.5 percent over the past 12 months.
The price index for automotive vehicles was unchanged in August and up 1.4
percent for the August 2005-2006 period.
Imports by Locality of Origin
Import prices from Canada and from Mexico both rose 1.7 percent in
August. In each case, the increase was led by higher fuel prices. The price
index for imports from Canada rose 8.3 percent for the year ended in August,
while prices for imports from Mexico increased 9.5 percent over the same
period.
Prices for imports from Japan and from China also advanced in August,
each rising 0.1 percent for the month. The upturn in import prices from Japan
partially offset a 0.2 percent decrease in July, although the index was down 1.3
percent over the past 12 months. Import prices from China recorded a second
consecutive 0.1 percent increase after trending downward over most of the past
year. The index declined 1.0 percent over the August 2005-2006 period.
The price index for imports from the European Union was unchanged
in August after rising in each of the previous three months. Prices for imports
from the European Union increased 5.9 percent over the past year.
Import and Export Services
Import air passenger fares declined 0.8 percent in August, the first monthly
decrease for the index since February. Despite the August decrease, import air
passenger fares rose 5.6 percent over the past year. In contrast, export air
passenger fares increased 5.2 percent for the second consecutive month. The
August rise was driven by a sharp advance in Japanese fares. Notwithstanding
the recent increases, overall export air passenger fares fell 0.5 percent for the
year ended in August.
The price indexes for import air freight and export air freight moved in
opposite directions in August, declining 0.7 percent in the case of import air
freight prices while prices for export air freight increased 0.9 percent. The
August movement for both indexes followed declines in July.
CONTENTS OF RELEASE
This news release includes the following tables:
Table 1 U.S. Import Price Indexes, by End Use
Table 2 U.S. Export Price Indexes, by End Use
Table 3 U.S. Import Price Indexes, by NAICS
Table 4 U.S. Export Price Indexes, by NAICS
Table 5 U.S. Import Price Indexes, by Harmonized System
Table 6 U.S. Export Price Indexes, by Harmonized System
Table 7 U.S. Import Price Indexes, by Locality of Origin
Table 8 U.S. International Price Indexes for Selected Transportation Services
-------------------------------------------------------------------
Import and Export Price Index data for September are scheduled for release on October 13 at
8:30 A.M. (E.D.T.).
Table 1 U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods
August 2005-August 2006 2000=100, unless otherwise noted
Index Percent Change
Relative
Import- Annual Monthly
ance Aug. April May June July
END Description 2005 2006 2006 2006 2006
USE July July August to to to to to
2006 2006 2006 Aug. May June July Aug.
1/ 2006 2006 2006 2006 2006
ALL COMMODITIES.......................................... 100.000 118.5 119.5 6.6 1.8 0.1 1.0 0.8
ALL IMPORTS EXCLUDING PETROLEUM.......................... 78.820 104.2 104.7 2.7 0.7 0.4 0.0 0.5
ALL IMPORTS EXCLUDING FUELS
(Dec. 2001=100)................................... 76.719 107.2 107.4 2.8 0.8 0.6 0.0 0.2
0 FOODS, FEEDS, & BEVERAGES.............................. 4.184 118.0 120.9 6.0 1.6 -0.1 0.0 2.5
00 Agricultural foods, feeds & beverages,
excluding distilled beverages............. 3.127 126.4 130.3 6.5 2.0 -0.2 -0.3 3.1
01 Nonagricultural foods (fish, distilled beverages) 1.057 99.4 100.1 4.7 0.5 0.4 0.9 0.7
1 INDUSTRIAL SUPPLIES & MATERIALS........................ 38.088 182.3 186.0 17.7 4.8 0.0 2.3 2.0
INDUSTRIAL SUPPLIES & MATERIALS
EXCLUDING PETROLEUM........................... 16.908 132.7 135.1 11.4 2.8 1.2 -0.9 1.8
INDUSTRIAL SUPPLIES & MATERIALS
EXCLUDING FUELS (Dec. 2001=100)............... 14.807 142.3 143.0 12.7 3.2 2.4 -1.0 0.5
INDUSTRIAL SUPPLIES & MATERIALS,
DURABLE....................................... 9.606 136.7 138.3 17.2 4.7 3.1 -1.8 1.2
INDUSTRIAL SUPPLIES & MATERIALS,
NONDURABLE EXCLUDING PETROLEUM................ 7.303 126.8 130.3 4.2 0.6 -1.2 0.1 2.8
10 Fuels & lubricants............................... 23.281 240.7 248.0 21.2 5.8 -1.5 4.5 3.0
100 Petroleum & petroleum products............... 21.180 255.0 260.9 24.3 6.4 -1.1 5.1 2.3
10000 Crude................................ 15.521 257.7 259.3 20.5 5.3 -0.7 6.0 0.6
11 Paper & paper base stocks........................ 0.914 111.6 112.5 7.9 1.0 0.8 0.3 0.8
12 Materials associated with nondurable
supplies & materials...................... 4.380 121.2 120.2 4.4 0.4 0.9 0.5 -0.8
13 Selected building materials...................... 1.965 116.8 115.3 0.6 1.6 -2.3 -0.4 -1.3
14 Unfinished metals related to durable goods....... 4.419 184.8 190.0 38.6 8.9 7.3 -4.4 2.8
15 Finished metals related to durable goods......... 1.615 128.4 128.9 10.0 2.1 1.8 2.5 0.4
16 Nonmetals related to durable goods............... 1.514 101.1 101.3 0.7 0.0 0.1 0.0 0.2
2 CAPITAL GOODS.......................................... 20.702 91.3 91.4 -0.3 0.0 0.2 0.1 0.1
20 Electric generating equipment.................... 2.482 102.2 102.1 3.7 0.6 1.2 0.1 -0.1
21 Nonelectrical machinery.......................... 16.597 87.9 88.0 -1.1 -0.1 0.2 0.0 0.1
22 Transportation equipment excluding
motor vehicles (Dec. 2001=100)............ 1.624 108.1 108.2 1.6 0.2 0.3 0.2 0.1
3 AUTOMOTIVE VEHICLES, PARTS & ENGINES................... 14.092 104.1 104.1 0.6 0.1 0.2 0.2 0.0
4 CONSUMER GOODS, EXCLUDING
AUTOMOTIVES..................................... 22.934 100.2 100.2 0.7 0.2 0.1 0.4 0.0
40 Nondurables, manufactured........................ 10.851 102.6 102.7 -0.2 -0.1 0.1 0.0 0.1
41 Durables, manufactured........................... 10.952 97.7 97.5 1.6 0.5 0.0 0.8 -0.2
42 Nonmanufactured consumer goods................... 1.132 99.7 100.1 1.2 0.0 0.2 1.1 0.4
1 Relative importance figures are based on 2004 trade values.
NOTES: Data may be revised in each of the three months after original publication.
n.a. Not available
Table 2 U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods
August 2005-August 2006 2000=100, unless otherwise noted
Index Percent Change
Relative
Import- Annual Monthly
ance Aug. April May June July
END Description 2005 2006 2006 2006 2006
USE July July August to to to to to
2006 2006 2006 Aug. May June July Aug.
1/ 2006 2006 2006 2006 2006
ALL COMMODITIES............................................. 100.000 111.6 112.1 5.2 0.7 0.7 0.4 0.4
AGRICULTURAL COMMODITIES.................................... 7.656 126.2 127.5 3.5 0.6 2.5 1.9 1.0
NONAGRICULTURAL COMMODITIES................................. 92.344 110.6 111.0 5.3 0.7 0.6 0.3 0.4
0 FOODS, FEEDS, & BEVERAGES................................. 6.952 128.2 129.1 3.4 0.8 2.7 2.3 0.7
00 Agricultural foods, feeds & beverages,
excluding distilled beverages................ 6.204 128.5 129.4 3.6 0.9 2.8 2.6 0.7
01 Nonagricultural foods (fish, distilled beverages)... 0.748 125.2 126.2 1.3 0.3 1.7 0.2 0.8
1 INDUSTRIAL SUPPLIES & MATERIALS........................... 30.558 139.4 141.6 14.7 1.9 1.7 0.4 1.6
INDUSTRIAL SUPPLIES & MATERIALS,
DURABLE.......................................... 11.054 145.4 147.7 20.5 2.4 2.7 -0.5 1.6
INDUSTRIAL SUPPLIES & MATERIALS,
NONDURABLE....................................... 19.504 136.4 138.5 11.8 1.7 1.2 1.0 1.5
10 Agricultural industrial supplies & materials........ 1.452 116.5 119.0 3.4 -0.7 0.8 -0.7 2.1
NONAGRICULTURAL INDUSTRIAL SUPPLIES
& MATERIALS.................................. 29.107 141.0 143.1 15.4 2.1 1.7 0.5 1.5
11 Fuels & lubricants.................................. 4.994 198.9 207.6 32.5 4.2 0.7 1.3 4.4
12 Nonagricultural supplies & materials
excluding fuels & building materials......... 22.969 135.2 136.5 12.8 1.7 2.0 0.4 1.0
13 Selected building materials......................... 1.144 109.8 110.1 4.1 0.4 0.7 0.0 0.3
2 CAPITAL GOODS............................................. 39.531 98.4 98.1 0.5 0.0 0.0 0.0 -0.3
20 Electrical generating equipment..................... 3.829 104.8 105.0 2.4 0.1 0.2 0.0 0.2
21 Nonelectrical machinery............................. 29.148 92.6 92.1 -0.6 0.0 -0.1 0.0 -0.5
22 Transportation equipment excluding
motor vehicles (Dec. 2001=100)............... 6.554 117.1 117.4 4.6 0.2 0.2 0.0 0.3
3 AUTOMOTIVE VEHICLES, PARTS & ENGINES...................... 10.693 105.1 105.1 1.4 0.1 0.2 0.2 0.0
4 CONSUMER GOODS, EXCLUDING
AUTOMOTIVES........................................ 12.265 103.8 104.0 2.4 0.6 0.3 0.3 0.2
40 Nondurables, manufactured........................... 6.015 103.7 103.8 2.6 0.3 0.3 0.4 0.1
41 Durables, manufactured.............................. 5.240 102.5 102.8 1.3 0.8 0.2 0.1 0.3
1 Relative importance figures are based on 2004 trade values.
NOTES: Data may be revised in each of the three months after original publication.
n.a. Not available
Table 3 U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods
August 2005-August 2006 2005=100, unless otherwise noted
Index Percent Change
Relative
Import- Annual Monthly
ance Aug. April May June July
NAICS Description 2005 2006 2006 2006 2006
July July August to to to to to
2006 2006 2006 Aug. May June July Aug.
1/ 2006 2006 2006 2006 2006
Nonmanufactured Articles...................................... 19.236 116.5 119.2 n.a. 4.7 -1.2 4.9 2.3
11 AGRICULTURE AND LIVESTOCK PRODUCTS.................... 1.352 99.4 105.8 n.a. 5.1 2.0 0.9 6.4
111 Agricultural products............................. 0.903 91.3 101.5 n.a. 6.3 -0.1 -0.3 11.2
21 OIL, GAS, MINERALS AND ORES........................... 17.884 118.1 120.4 n.a. 4.7 -1.4 5.3 1.9
Manufactured Articles......................................... 80.141 103.5 104.1 n.a. 1.3 0.4 0.2 0.6
31 MANUFACTURED GOODS, PART 1............................ 10.256 101.1 101.3 n.a. 0.1 0.1 0.3 0.2
311 Food and kindred products......................... 2.450 102.7 103.2 n.a. 0.7 -0.1 0.3 0.5
312 Beverages and tobacco products.................... 0.799 101.6 101.8 n.a. 0.1 0.2 0.6 0.2
313 Textiles and fabrics.............................. 0.510 103.5 103.7 n.a. 0.0 1.2 0.0 0.2
314 Textile mill products............................. 0.722 100.8 101.0 n.a. 0.0 0.0 0.5 0.2
315 Apparel and accessories........................... 4.322 99.9 100.0 n.a. -0.3 -0.1 0.2 0.1
316 Leather and allied products....................... 1.454 100.9 100.9 n.a. 0.2 0.3 0.4 0.0
32 MANUFACTURED GOODS, PART 2............................ 17.727 106.8 109.0 n.a. 3.0 -0.7 0.8 2.1
321 Wood products..................................... 1.298 97.4 95.2 n.a. 2.5 -4.2 -0.8 -2.3
322 Paper............................................. 1.445 104.2 104.7 n.a. 0.7 0.6 0.5 0.5
324 Petroleum and coal products....................... 4.840 123.4 130.6 n.a. 10.0 -2.3 2.1 5.8
325 Chemicals......................................... 7.397 101.7 102.9 n.a. 0.3 0.4 0.5 1.2
326 Plastics and rubber products...................... 1.572 101.7 102.3 n.a. 0.1 0.3 0.2 0.6
327 Nonmetallic mineral products...................... 1.072 103.5 103.5 n.a. 0.1 0.5 0.3 0.0
33 MANUFACTURED GOODS, PART 3............................ 52.158 102.8 103.1 n.a. 1.0 0.8 -0.1 0.3
331 Primary metals.................................... 5.083 128.7 132.0 n.a. 9.7 7.1 -3.2 2.6
332 Fabricated metal products, nesoi.................. 2.414 103.5 104.2 n.a. 0.4 0.5 0.5 0.7
333 Machinery, except electrical...................... 6.201 102.4 102.3 n.a. 0.4 0.5 0.1 -0.1
334 Computer and electronic products.................. 13.797 97.8 97.7 n.a. -0.3 -0.2 -0.3 -0.1
335 Electrical equipment, appliances, and components.. 3.470 102.7 102.6 n.a. 0.6 1.0 0.2 -0.1
336 Transportation equipment.......................... 14.965 100.5 100.5 n.a. 0.0 0.2 0.2 0.0
337 Furniture and fixtures............................ 1.458 100.4 100.5 n.a. -0.1 0.3 0.1 0.1
339 Miscellaneous manufactured commodities............ 4.771 104.5 104.5 n.a. 1.1 0.3 2.2 0.0
1 Relative importance figures are based on 2004 trade values.
NOTES: Data may be revised in each of the three months after original publication.
n.a. Not available
Table 4 U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods
August 2005-August 2006 2005=100, unless otherwise noted
Index Percent Change
Relative
Import- Annual Monthly
ance Aug. April May June July
NAICS Description 2005 2006 2006 2006 2006
July July August to to to to to
2006 2006 2006 Aug. May June July Aug.
1/ 2006 2006 2006 2006 2006
Nonmanufactured Articles...................................... 5.986 105.4 107.3 n.a. -0.2 2.6 0.0 1.8
11 AGRICULTURE AND LIVESTOCK PRODUCTS.................... 4.176 106.7 107.3 n.a. 0.4 3.9 1.7 0.6
111 Agricultural products............................. 3.736 106.6 107.1 n.a. 0.4 4.5 1.8 0.5
21 OIL, GAS, MINERALS AND ORES........................... 1.810 102.3 107.2 n.a. -1.2 0.1 -4.1 4.8
211 Oil and gas....................................... 0.447 80.6 95.7 n.a. -5.0 -2.2 -0.5 18.7
212 Minerals and ores................................. 1.363 112.2 112.5 n.a. 0.2 0.8 -5.2 0.3
Manufactured Articles......................................... 91.689 102.9 103.3 n.a. 0.7 0.6 0.2 0.4
31 MANUFACTURED GOODS, PART 1............................ 6.542 100.3 101.5 n.a. 0.5 0.5 0.8 1.2
311 Food and kindred products......................... 3.728 101.1 103.2 n.a. 0.7 0.9 1.3 2.1
312 Beverages and tobacco products.................... 0.569 101.1 101.2 n.a. 0.1 -0.5 0.5 0.1
313 Textiles and fabrics.............................. 1.044 96.6 96.7 n.a. 0.2 0.3 0.1 0.1
315 Apparel and accessories........................... 0.623 100.0 100.2 n.a. 0.0 0.1 0.0 0.2
32 MANUFACTURED GOODS, PART 2............................ 24.234 106.7 107.7 n.a. 1.6 1.1 0.9 0.9
321 Wood products..................................... 0.558 103.3 104.0 n.a. 1.0 0.8 0.4 0.7
322 Paper............................................. 2.139 106.6 107.0 n.a. 0.3 0.9 0.9 0.4
324 Petroleum and coal products....................... 2.929 125.0 129.6 n.a. 5.3 0.2 0.7 3.7
325 Chemicals......................................... 15.167 104.7 105.4 n.a. 1.4 1.4 1.0 0.7
326 Plastics and rubber products...................... 2.443 103.0 103.5 n.a. 0.4 0.2 0.5 0.5
327 Nonmetallic mineral products...................... 0.895 102.4 102.4 n.a. 0.3 2.9 0.1 0.0
33 MANUFACTURED GOODS, PART 3............................ 60.913 101.8 101.8 n.a. 0.4 0.3 0.0 0.0
331 Primary metals.................................... 3.879 116.7 119.6 n.a. 4.7 4.9 -1.8 2.5
332 Fabricated metal products, nesoi.................. 2.760 106.7 106.9 n.a. 0.3 0.2 1.3 0.2
333 Machinery, except electrical...................... 12.079 102.1 102.2 n.a. 0.0 0.1 0.7 0.1
334 Computer and electronic products.................. 18.011 98.2 97.3 n.a. -0.1 -0.3 -0.5 -0.9
335 Electrical equipment, appliances, and components.. 3.472 101.4 101.8 n.a. 0.0 0.3 0.1 0.4
336 Transportation equipment.......................... 16.162 101.8 101.9 n.a. 0.1 0.1 0.2 0.1
339 Miscellaneous manufactured commodities............ 4.230 102.2 102.3 n.a. 1.2 0.3 0.2 0.1
1 Relative importance figures are based on 2004 trade values.
NOTES: Data may be revised in each of the three months after original publication.
n.a. Not available
Table 5 U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods
August 2005-August 2006 2000=100, unless otherwise noted
Index Percent Change
Relative
Import- Annual Monthly
Harmo- ance Aug. April May June July
nized Description 2005 2006 2006 2006 2006
System July July August to to to to to
2006 2006 2006 Aug. May June July Aug.
1/ 2006 2006 2006 2006 2006
I LIVE ANIMALS; ANIMAL PRODUCTS............................. 1.193 120.0 120.6 4.6 2.0 0.3 1.5 0.5
02 Meat and edible meat offal.......................... 0.336 138.6 140.7 1.2 0.3 -0.7 1.0 1.5
03 Fish and crustaceans, molluscs and
other aquatic invertebrates.................. 0.628 97.9 98.7 6.9 1.2 0.9 1.3 0.8
2/ Other live animals; animal products................. 0.230 156.5 153.6 3.5 6.8 -0.1 3.0 -1.9
II VEGETABLE PRODUCTS........................................ 1.041 109.4 119.4 8.6 4.2 -0.3 0.7 9.1
07 Edible vegetables, roots, and tubers................ 0.272 137.2 162.4 14.9 12.0 3.7 -4.5 18.4
08 Edible fruit and nuts; peel of citrus
fruit or melons.............................. 0.265 79.7 89.0 1.9 2.6 -1.9 -2.4 11.7
09 Coffee, tea, mate and spices........................ 0.224 116.9 123.5 11.4 0.8 -4.7 3.1 5.6
2/ Other vegetable products............................ 0.280 116.8 117.3 6.8 1.2 1.5 7.9 0.4
IV PREPARED FOODSTUFFS, BEVERAGES, AND
TOBACCO......................................... 2.015 119.8 119.5 4.3 0.1 0.6 0.0 -0.3
2/ Other prepared foodstuffs........................... 0.782 128.6 127.8 2.6 -0.1 0.8 -0.6 -0.6
20 Preparations of vegetables, fruit,
nuts, or other parts of plants............... 0.251 117.6 118.2 16.3 0.4 0.9 -0.3 0.5
22 Beverages, spirits, and vinegar..................... 0.768 111.1 110.9 3.5 0.0 0.5 0.8 -0.2
V MINERAL PRODUCTS.......................................... 23.090 239.9 246.4 20.5 5.7 -1.6 4.6 2.7
27 Mineral fuels, oils and residuals,
bituminous substances and mineral wax........ 22.760 239.8 246.4 20.7 5.8 -1.6 4.6 2.8
2/ Other mineral products (Dec. 2001=100).............. 0.330 140.1 140.9 13.0 0.1 1.5 1.7 0.6
VI PRODUCTS OF THE CHEMICAL OR ALLIED
INDUSTRIES...................................... 6.791 114.5 114.1 1.2 0.5 1.0 -0.1 -0.3
28 Inorganic chemicals................................. 0.690 154.1 152.9 8.7 -0.1 0.1 1.6 -0.8
29 Organic chemicals................................... 2.746 119.2 117.6 4.6 1.1 2.2 0.8 -1.3
30 Pharmaceutical products............................. 1.888 105.0 105.0 -5.6 0.1 0.5 -1.4 0.0
32 Tanning & dyeing extracts; dye &
pigments; varnish & paints; putty............ 0.167 98.7 98.4 -2.4 -2.0 0.3 -0.1 -0.3
33 Essential oils and resinoids (Dec. 2001=100)........ 0.370 107.9 108.5 1.0 0.3 0.0 0.9 0.6
38 Miscellaneous chemical products..................... 0.385 92.9 93.8 1.2 0.1 0.7 0.5 1.0
VII PLASTICS AND ARTICLES THEREOF; RUBBER
AND ARTICLES THEREOF............................ 2.791 121.1 121.4 7.2 0.2 1.5 0.8 0.2
39 Plastics and articles thereof....................... 1.799 117.1 118.4 4.9 0.0 0.3 0.1 1.1
40 Rubber and articles thereof......................... 0.992 129.0 127.1 11.7 0.6 3.8 2.1 -1.5
VIII RAW HIDES, SKINS, LEATHER, FURSKINS,
TRAVEL GOODS, ETC............................... 0.610 105.5 105.6 1.7 0.6 0.6 0.3 0.1
42 Articles of leather; travel goods, bags,
etc. of various materials.................... 0.523 105.5 105.6 1.7 0.7 0.6 0.4 0.1
IX WOOD, WOOD CHARCOAL, CORK, STRAW,
BASKETWARE AND WICKERWORK....................... 1.384 119.9 117.5 -1.1 2.2 -3.3 -0.7 -2.0
X WOODPULP, RECOVERED PAPER, AND
PAPER PRODUCTS...................................... 1.634 108.6 109.1 5.5 0.6 0.6 0.6 0.5
47 Pulp wood or other fibrous cellulosic
material; waste paper/paperboard............. 0.216 119.4 123.4 20.5 3.8 1.0 2.8 3.4
48 Paper and paperboard; articles of paper
pulp, paper or paperboard.................... 1.155 106.7 106.7 3.9 0.2 0.7 0.2 0.0
49 Printed matter...................................... 0.263 113.9 113.9 1.3 0.1 0.2 0.5 0.0
XI TEXTILE AND TEXTILE ARTICLES.............................. 5.360 100.9 101.1 0.7 -0.2 0.0 0.3 0.2
61 Articles of apparel and clothing
accessories, knitted or crocheted............ 1.946 100.0 100.4 0.6 -0.6 0.0 -0.1 0.4
62 Articles of apparel and clothing
accessories, not knitted or crocheted........ 2.161 99.6 99.5 -0.3 0.0 -0.2 0.5 -0.1
63 Made-up or worn textile articles.................... 0.483 94.8 94.8 2.4 0.1 0.0 1.1 0.0
2/ Other textile & textile articles.................... 0.770 110.0 110.3 2.8 0.4 0.6 0.5 0.3
XII HEADGEAR, UMBRELLAS,
ARTIFICIAL FLOWERS, ETC............................. 1.218 100.8 100.8 0.7 0.1 0.3 0.2 0.0
64 Footwear and parts of such articles................ 1.025 101.3 101.3 0.7 0.0 0.3 0.3 0.0
2/ Other footwear, headgear, umbrellas,
whips, art. flowers, etc...................... 0.193 97.7 97.7 0.4 0.6 0.5 -0.5 0.0
XIII STONE, PLASTER, CEMENT, ASBESTOS,
CERAMICS, GLASS ETC................................. 0.944 109.0 109.1 3.7 0.1 0.4 0.3 0.1
68 Articles of stone, plaster, cement,
asbestos, or mica (Dec. 2001=100)............ 0.314 103.5 103.4 4.0 0.1 0.3 0.2 -0.1
69 Ceramic products.................................... 0.300 113.1 113.1 1.6 0.2 0.4 1.2 0.0
70 Glass and glassware................................. 0.330 109.3 109.5 5.4 0.0 0.4 -0.4 0.2
XIV PEARLS, STONES, PRECIOUS METALS,
IMITATION JEWELRY, AND COINS........................ 2.670 123.4 125.5 27.2 6.3 2.2 -1.4 1.7
XV BASE METALS AND ARTICLES OF BASE METAL.................... 6.302 157.2 159.7 22.3 5.2 5.1 -0.4 1.6
72 Iron and steel...................................... 1.635 178.9 181.3 11.4 2.8 4.7 2.9 1.3
73 Articles of iron or steel........................... 1.405 125.9 126.1 2.4 0.2 0.7 0.7 0.2
74 Copper and articles thereof......................... 0.807 288.2 303.8 95.0 22.0 15.1 -1.2 5.4
76 Aluminum and articles thereof....................... 1.016 142.7 141.3 25.6 3.8 5.4 -4.9 -1.0
82 Tools, implements, cutlery, spoons and
forks, of base metal; parts thereof.......... 0.369 106.8 106.8 2.1 0.2 0.3 -0.8 0.0
83 Miscellaneous articles of base metal................ 0.445 119.4 120.5 7.9 0.3 0.9 0.7 0.9
2/ Other base metals and articles of base metals....... 0.623 203.5 216.1 72.3 17.2 9.7 -3.6 6.2
XVI MACHINERY, ELECTRICAL EQUIPMENT, TV
IMAGE & SOUND RECORDERS, PARTS, ETC................. 22.982 88.1 88.0 -1.0 0.0 0.2 0.0 -0.1
84 Machinery and mechanical appliances; parts thereof.. 11.937 88.4 88.4 -1.0 -0.1 0.1 0.1 0.0
85 Electrical machinery and equip, sound
and TV recorders & reproducers, parts........ 11.045 87.9 87.7 -1.0 0.0 0.2 0.0 -0.2
XVII VEHICLES, AIRCRAFT, VESSELS AND
ASSOCIATED TRANSPORT EQUIPMENT...................... 13.015 105.0 105.0 0.5 0.1 0.2 0.1 0.0
87 Motor vehicles and their parts...................... 11.991 104.4 104.4 0.4 0.0 0.2 0.1 0.0
88 Aircraft, spacecraft, and parts
thereof (Dec. 2002=100)...................... 0.889 106.6 106.7 0.7 0.3 0.4 0.1 0.1
XVIII OPTICAL, PHOTO, MEASURING, MEDICAL &
MUSICAL INSTRUMENTS; & TIMEPIECES................... 3.048 99.4 99.4 -0.3 0.1 0.2 -0.2 0.0
90 Optical, photographic, measuring and
medical instruments.......................... 2.710 98.0 98.0 -0.8 0.0 0.2 -0.3 0.0
91 Clocks and watches and parts thereof................ 0.243 111.9 111.8 4.6 1.1 0.1 0.0 -0.1
XX MISCELLANEOUS MANUFACTURED ARTICLES....................... 3.700 99.6 99.6 0.1 0.0 0.2 0.2 0.0
94 Furniture & stuffed furnishings; lamps &
lighting fittings, nesoi; prefab bldg........ 2.148 103.4 103.4 -0.1 0.0 0.4 0.1 0.0
95 Toys, games and sports equipment; parts
and accessories thereof...................... 1.342 94.4 94.5 0.0 -0.1 0.0 0.1 0.1
96 Miscellaneous manufactured articles................. 0.210 102.8 102.9 2.0 0.3 0.5 0.1 0.1
1 Relative importance figures are based on 2004 trade values.
2 Product categories included in this group have been modified due to concordance or coverage limitations.
NOTES: Data may be revised in each of the three months after original publication.
n.a. Not available
Table 6 U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods
August 2005-August 2006 2000=100, unless otherwise noted
Index Percent Change
Relative
Import- Annual Monthly
Harmo- ance Aug. April May June July
nized Description 2005 2006 2006 2006 2006
System July July August to to to to to
2006 2006 2006 Aug. May June July Aug.
1/ 2006 2006 2006 2006 2006
I LIVE ANIMALS; ANIMAL PRODUCTS............................. 1.338 130.2 135.0 2.3 1.5 2.6 4.2 3.7
03 Fish and crustaceans, molluscs and
other aquatic invertebrates.................. 0.450 122.7 123.9 2.6 0.2 1.2 0.0 1.0
II VEGETABLE PRODUCTS........................................ 3.699 133.3 135.9 5.3 0.5 4.5 1.9 2.0
08 Edible fruit and nuts; peel of citrus
fruit or melons.............................. 0.706 122.3 121.5 -0.3 -0.8 3.0 7.4 -0.7
10 Cereals............................................. 1.653 140.1 138.6 17.6 0.5 5.4 2.3 -1.1
12 Oilseeds and misc. grains, seeds,
fruits, plants, straw and fodder............. 0.861 124.4 122.1 -10.0 4.7 -0.1 2.4 -1.8
IV PREPARED FOODSTUFFS, BEVERAGES, AND
TOBACCO......................................... 2.270 112.4 112.9 1.8 0.2 0.0 0.1 0.4
21 Miscellaneous edible preparations................... 0.433 108.5 108.5 -0.5 0.0 0.1 0.4 0.0
23 Residues and waste from the food
industries; prepared animal feed............. 0.409 125.6 125.9 3.5 -0.2 0.7 -1.0 0.2
2/ Other prepared foods................................ 0.795 110.0 111.4 1.7 0.1 0.3 0.6 1.3
V MINERAL PRODUCTS.......................................... 4.756 236.3 245.1 28.5 2.3 -0.1 -0.9 3.7
27 Mineral fuels, oils and residuals,
bituminous substances and mineral wax........ 3.912 221.4 230.9 26.4 2.7 -0.5 0.8 4.3
VI PRODUCTS OF THE CHEMICAL OR ALLIED
INDUSTRIES...................................... 12.379 124.3 124.7 7.0 1.3 1.5 1.1 0.3
28 Inorganic chemicals................................. 1.212 156.9 156.9 21.9 2.4 2.3 1.0 0.0
29 Organic chemicals................................... 4.425 141.5 142.4 10.5 2.5 3.0 2.8 0.6
30 Pharmaceutical products............................. 2.430 109.4 109.4 2.3 0.5 0.6 0.3 0.0
31 Fertilizers......................................... 0.370 147.5 146.5 -3.2 -0.3 -0.5 0.6 -0.7
32 Tanning or dyeing extracts, dyes,
paints, varnish, putty, & inks............... 0.632 109.1 109.4 3.1 1.2 0.2 -1.4 0.3
33 Essential oils and resinoids;
perfumery, cosmetic or toilet................ 0.713 115.1 115.1 1.6 0.5 0.5 0.3 0.0
34 Soap; lubricants; waxes, polishing or
scouring products; candles, pastes........... 0.414 109.5 109.6 5.4 0.9 0.5 0.0 0.1
37 Photographic or cinematographic goods............... 0.369 104.6 104.4 0.5 0.3 -0.8 2.2 -0.2
38 Miscellaneous chemical products..................... 1.610 111.4 111.8 4.2 0.3 0.7 -0.3 0.4
VII PLASTICS AND ARTICLES THEREOF; RUBBER
AND ARTICLES THEREOF............................ 5.977 129.7 130.9 9.7 1.2 0.7 0.9 0.9
39 Plastics and articles thereof....................... 4.827 126.2 127.5 8.7 1.2 0.8 0.6 1.0
40 Rubber and articles thereof......................... 1.150 144.0 145.0 14.3 1.0 0.4 1.7 0.7
VIII RAW HIDES, SKINS, LEATHER, FURSKINS,
TRAVEL GOODS, ETC............................... 0.483 116.6 116.7 3.2 0.5 -0.1 -0.2 0.1
41 Raw hides and skins (other than
furskins) and leather........................ 0.344 110.6 110.7 2.5 0.6 0.5 -0.2 0.1
IX WOOD, WOOD CHARCOAL, CORK, STRAW,
BASKETWARE AND WICKERWORK....................... 0.748 107.8 108.7 4.5 0.7 0.5 0.0 0.8
X WOODPULP, RECOVERED PAPER, AND
PAPER PRODUCTS...................................... 2.693 106.4 106.7 5.4 0.4 1.1 0.9 0.3
47 Woodpulp and recovered paper........................ 0.582 98.7 99.9 5.5 1.3 0.8 1.8 1.2
48 Paper and paperboard; articles of paper
pulp, paper or paperboard.................... 1.503 106.3 106.5 6.4 0.2 1.3 0.4 0.2
49 Printed material.................................... 0.608 118.3 118.1 3.5 0.3 0.4 1.0 -0.2
XI TEXTILE AND TEXTILE ARTICLES.............................. 2.703 101.3 102.4 2.0 -0.3 0.8 -0.6 1.1
52 Cotton, including yarns and woven fabrics thereof... 0.726 92.2 95.5 4.8 -1.7 1.9 -2.1 3.6
61 Apparel & clothing knitted
or crocheted (Dec. 2001=100)................. 0.320 94.6 94.6 0.1 0.0 0.0 0.0 0.0
2/ Other textile and textile articles (Dec. 2001=100).. 1.657 114.6 114.8 1.1 0.3 0.4 0.0 0.2
XIII STONE, PLASTER, CEMENT, ASBESTOS,
CERAMICS, GLASS ETC................................. 0.824 104.1 104.1 0.7 0.1 0.9 0.0 0.0
70 Glass and glassware................................. 0.464 95.5 95.5 -0.8 0.2 0.3 0.1 0.0
XIV PEARLS, STONES, PRECIOUS METALS,
IMITATION JEWELRY, AND COINS........................ 2.841 135.4 138.2 28.3 5.5 4.9 -4.6 2.1
XV BASE METALS AND ARTICLES OF BASE METALS................... 5.617 155.0 157.5 20.5 2.5 2.2 2.0 1.6
72 Iron and steel...................................... 1.192 176.7 183.1 22.4 1.3 3.2 1.6 3.6
73 Articles of iron or steel........................... 1.332 137.6 138.0 10.0 0.4 0.1 2.2 0.3
74 Copper and articles thereof......................... 0.795 241.2 250.8 62.4 9.1 1.7 4.6 4.0
76 Aluminum and articles thereof....................... 0.926 139.7 141.9 25.4 4.2 6.5 -4.3 1.6
82 Tools, implements, cutlery, spoons and
forks, of base metal; parts thereof.......... 0.417 111.3 111.3 6.3 0.3 0.0 0.6 0.0
83 Miscellaneous articles of base metal................ 0.448 125.7 125.7 7.6 0.6 0.7 1.5 0.0
XVI MACHINERY, ELECTRICAL EQUIPMENT, TV
IMAGE AND SOUND RECORDERS, PARTS, ETC............... 32.270 93.8 93.4 -0.4 0.0 -0.1 0.1 -0.4
84 Machinery and mechanical appliances; parts thereof.. 17.993 101.7 101.4 1.3 0.2 -0.1 0.3 -0.3
85 Electrical machinery and equipment
and parts and accessories thereof............ 14.277 85.0 84.6 -2.5 -0.1 -0.1 -0.4 -0.5
XVII VEHICLES, AIRCRAFT, VESSELS AND
ASSOCIATED TRANSPORT EQUIPMENT...................... 13.341 111.7 111.8 2.4 0.1 0.1 0.2 0.1
87 Motor vehicles and their parts...................... 8.820 104.8 104.8 1.3 0.1 0.0 0.2 0.0
XVIII OPTICAL, PHOTO, MEASURING, MEDICAL &
MUSICAL INSTRUMENTS; & TIMEPIECES................... 6.283 102.2 102.3 0.7 0.3 0.1 -0.2 0.1
XX MISCELLANEOUS MANUFACTURED ARTICLES....................... 1.427 101.5 101.7 1.0 0.1 0.1 0.4 0.2
94 Furniture; stuffed furnishings;
lamps and lighting fittings nesoi;........... 0.782 107.8 108.2 1.8 -0.1 0.1 0.8 0.4
95 Toys, games and sports equipment; parts
and accessories thereof...................... 0.505 94.3 94.3 0.0 0.1 0.2 -0.1 0.0
1 Relative importance figures are based on 2004 trade values.
2 Product categories included in this group have been modified due to concordance or coverage limitations.
NOTES: Data may be revised in each of the three months after original publication.
n.a. Not available
Table 7 U.S. Import Price Indexes and Percent Changes by Locality of Origin
August 2005-August 2006 2000=100, unless otherwise noted
Index Percent Change
Annual Monthly
Percentage Aug. April May June July
Description of 2005 2006 2006 2006 2006
U.S. July August to to to to to
Imports 2006 2006 Aug. May June July Aug.
1/ 2006 2006 2006 2006 2006
2/ Industrialized Countries............................ 46.371 117.6 118.6 6.3 1.9 0.4 0.2 0.9
Nonmanufactured Articles....................... 3.994 200.0 208.3 13.9 6.6 -2.4 5.3 4.2
Manufactured Articles.......................... 41.944 111.2 111.8 5.2 1.4 0.8 -0.5 0.5
3/ Other Countries..................................... 53.651 117.4 117.9 6.3 1.6 0.0 1.6 0.4
Nonmanufactured Articles....................... 9.299 225.1 228.9 19.2 3.8 -0.6 4.6 1.7
Manufactured Articles.......................... 44.152 102.0 101.9 2.5 0.9 0.2 0.7 -0.1
Canada.............................................. 17.089 131.5 133.8 8.3 2.7 -0.5 0.8 1.7
Nonmanufactured Articles....................... 3.239 199.9 210.2 12.0 7.3 -2.8 5.7 5.2
Manufactured Articles.......................... 13.575 119.1 119.8 6.9 1.3 0.3 -0.7 0.6
4/ European Union...................................... 18.654 121.1 121.1 5.9 1.5 1.7 0.2 0.0
Nonmanufactured Articles....................... 0.367 242.5 245.0 25.1 -1.1 3.1 4.6 1.0
Manufactured Articles.......................... 18.150 118.6 118.7 5.1 1.6 1.5 0.1 0.1
France (Dec. 2003=100).............................. 1.971 104.0 104.1 2.2 0.7 0.5 0.1 0.1
Germany (Dec. 2003=100)............................. 5.187 104.5 104.6 1.5 0.6 0.5 0.8 0.1
United Kingdom (Dec. 2003=100)...................... 2.947 120.4 120.5 6.3 0.6 1.4 0.4 0.1
5/ Latin America....................................... 17.406 146.4 147.3 12.2 2.1 0.5 2.2 0.6
Nonmanufactured Articles....................... 4.158 229.8 235.5 21.9 2.2 -1.5 6.0 2.5
Manufactured Articles.......................... 13.173 130.3 129.9 8.3 2.0 1.4 0.5 -0.3
Mexico (Dec. 2003=100).............................. 10.594 121.7 123.8 9.5 1.4 -0.4 2.1 1.7
6/ Pacific Rim (Dec. 2003=100)......................... 34.090 98.8 98.9 -1.0 0.0 0.2 0.1 0.1
China (Dec. 2003=100)............................... 13.773 97.5 97.6 -1.0 -0.1 -0.2 0.1 0.1
Japan............................................... 8.920 94.5 94.6 -1.3 0.1 0.2 -0.2 0.1
7/ Asian NICs.......................................... 7.216 89.5 89.5 -0.3 0.1 0.1 0.3 0.0
8/ ASEAN (Dec. 2003=100)............................... 6.086 99.0 98.7 0.7 0.1 0.4 1.4 -0.3
9/ Asia Near East (Dec. 2003=100)...................... 3.547 193.3 194.5 11.5 3.9 2.0 2.6 0.6
1 Percentage of trade figures are based on 2004 trade values.
2 Includes Western Europe, Canada, Japan, Australia, New Zealand and South Africa.
3 Includes Eastern Europe, Latin America, OPEC countries, and other countries in Asia, Africa and the Western Hemisphere.
4 Includes European Union countries.
5 Includes Mexico, Central America, South America and the Caribbean.
6 Includes China, Japan, Asia Newly Industrialized Countries, Australia, Brunei, Indonesia, Macao, Malaysia, New Zealand, Papua New Guinea and Philippines.
7 Asia Newly Industrialized Countries. Includes Hong Kong, Singapore, South Korea and Taiwan.
8 Association of Southeast Asian Nations. Includes Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam.
9 Includes Bahrain, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, Syria, United Arab Emirates and Yemen.
NOTES: Data may be revised in each of the three months after original publication.
Regions are not mutually exclusive.
n.a. Not available
Table 8 U.S. International Price Indexes and Percent Changes for Selected Transportation Services
August 2005-August 2006 2000=100, unless otherwise noted
Index Percent Change
Relative
import- Annual Monthly
ance Aug. April May June July
Description 2005 2006 2006 2006 2006
July July August to to to to to
2006 2006 2006 Aug. May June July Aug.
1/ 2006 2006 2006 2006 2006
AIR FREIGHT
Import Air Freight................................ 100.000 133.5 132.6 n.a. 1.1 3.0 -1.3 -0.7
Europe (Dec. 2003=100)....................... 38.904 130.4 130.5 n.a. 2.6 5.4 -0.8 0.1
Asia......................................... 49.204 117.5 115.7 n.a. 0.0 2.0 -1.9 -1.5
Export Air Freight................................ 100.000 115.6 116.6 n.a. 1.0 1.0 -0.3 0.9
Inbound Air Freight............................... 100.000 128.1 128.4 n.a. 1.9 1.7 -0.9 0.2
Europe (Dec. 2003=100)....................... 39.178 124.8 126.1 n.a. 3.5 3.3 -0.8 1.0
Asia......................................... 48.515 111.5 110.9 n.a. 1.0 0.7 -1.1 -0.5
Outbound Air Freight.............................. 100.000 116.5 116.2 n.a. 1.8 1.4 -0.6 -0.3
Europe (Dec. 2003=100)....................... 42.030 131.8 132.6 n.a. 3.1 1.4 -1.6 0.6
Asia......................................... 42.786 109.4 108.0 n.a. 1.6 1.7 0.2 -1.3
AIR PASSENGER FARES
Import Air Passenger Fares........................ 100.000 139.4 138.3 5.6 1.1 11.4 2.0 -0.8
Europe....................................... 61.249 133.6 133.0 4.6 0.9 13.8 0.3 -0.4
Asia......................................... 14.768 137.9 133.2 2.3 2.0 16.7 4.2 -3.4
Latin America/Caribbean...................... 9.577 122.6 123.2 4.6 2.7 1.0 5.1 0.5
Export Air Passenger Fares........................ 100.000 146.5 154.1 -0.5 5.6 0.1 5.2 5.2
Europe....................................... 32.762 185.1 189.7 0.3 2.2 3.2 9.2 2.5
Asia......................................... 34.080 116.2 134.9 -4.7 11.0 -3.6 2.7 16.1
Latin America/Caribbean...................... 17.726 158.3 151.0 4.6 1.2 0.5 6.2 -4.6
Inbound Air Passenger Fares (Dec. 2003=100)....... 100.000 128.6 133.9 3.2 5.5 1.2 6.3 4.1
Europe (Dec. 2003=100)....................... 43.128 136.7 140.0 3.2 2.4 4.1 10.7 2.4
Asia (Dec. 2003=100)......................... 28.301 113.2 128.9 -1.2 11.8 -3.4 2.5 13.9
Latin America/Caribbean (Dec. 2003=100)...... 13.963 123.6 119.3 7.3 1.6 1.0 5.3 -3.5
Canada (Dec. 2003=100)....................... 9.532 162.7 158.2 13.6 6.9 3.8 0.7 -2.8
Outbound Air Passenger Fares (Dec. 2003=100)...... 100.000 131.0 131.3 5.7 1.2 9.1 1.8 0.2
Europe (Dec. 2003=100)....................... 53.074 139.6 139.3 4.3 0.8 14.0 0.4 -0.2
Asia (Dec. 2003=100)......................... 15.604 124.8 127.2 2.7 3.9 10.0 3.2 1.9
Latin America/Caribbean (Dec. 2003=100)...... 18.042 112.7 113.3 7.8 1.2 0.2 2.5 0.5
Canada (Dec. 2003=100)....................... 8.208 158.3 163.9 24.4 2.9 1.3 1.9 3.5
CRUDE OIL TANKER FREIGHT
2/ Inbound Crude Oil Tanker Freight.................. 100.000 n.a. n.a. n.a. -18.0 12.2 n.a. n.a.
OCEAN LINER FREIGHT
Inbound Ocean Liner Freight....................... 100.000 112.7 113.9 -11.4 -6.2 -2.3 -1.9 1.1
U.S. East Coast.............................. 40.728 118.2 118.9 -5.5 -4.3 -0.7 -1.7 0.6
From Atlantic.......................... 18.056 120.3 120.4 -2.7 -8.0 -0.9 0.0 0.1
From Pacific........................... 16.776 119.9 120.8 -4.1 -1.7 -0.1 -0.2 0.8
U.S. West Coast.............................. 59.272 109.7 111.4 -15.0 -7.4 -3.3 -2.1 1.5
1 Relative importance figures are based on 2000 trade values.
2 Publication of the Crude Oil Tanker Freight Indexes is lagged two months, as are the relative importance figures.
NOTES: Data may be revised in each of the three months after original publication.
n.a. Not available
TECHNICAL NOTE
Import and Export Merchandise and Services Price Indexes -- All indexes use a modified Laspeyres formula and
are not seasonally adjusted. Price indexes for merchandise goods are reweighted annually, with a two-year lag
in the weights. Published series use a base year of 2000=100 where possible. More detailed index series and
additional information may be obtained at http://www.bls.gov/mxp, or by calling (202) 691-7101.
Merchandise Goods Classification Systems -- The merchandise price indexes are published using three
classification systems. Items are classified, respectively, by end use for the Bureau of Economic Analysis
System, industry for the North American Industry Classification System (NAICS), and product category for the
Harmonized System (HS). While classification by end use and product category are self-explanatory, a couple
of notes are in order for classifying items by industry. In the NAICS tables, for both imports and exports,
items are classified by output industry, not input industry. As an example, NAICS import index 326 (plastics
and rubber products) would include outputs such as manufactured plastic rather than inputs such as petroleum.
The NAICS classification structure also matches the classification system used by the PPI to produce the NAICS
primary products indexes.
Import Price Indexes -- Products have been classified by the Harmonized Tariff Schedule of the United States
Annotated (TSUSA). Import prices are based on U.S. dollar prices paid by the U.S. importer. The prices are
generally either "free on board" (f.o.b.) foreign port or "cost, insurance, and freight" (c.i.f.) U.S. port
transaction prices, depending on the practices of the individual industry. The index for crude petroleum is
calculated from data collected by the U.S. Department of Energy.
Export Price Indexes -- Products have been classified by the Harmonized Schedule B classification system of
the U.S. Bureau of the Census. The prices used are generally either "free alongside ship" (f.a.s.) factory or
"free on board" (f.o.b.) transaction prices, depending on the practices of the individual industry. Prices
used in the grain index, excluding rice, are obtained from the U.S. Department of Agriculture.
Import Indexes by Locality of Origin -- Prices used in these indexes are a subset of the data collected for
the Import Price Indexes. Beginning with January 2002, the indexes are defined by locality of origin using a
nomenclature based upon the North American Industry Classification System (NAICS). Nonmanufactured goods are
defined as NAICS 11 and 21, and manufactured goods are defined as NAICS 31-33.
Services Price Indexes -- Price indexes for internationally traded services are presented using two
definitions: Balance of Payments (which represent transactions between U.S. and foreign residents) and
International (which represent transactions inbound to and outbound from the U.S.). The Air Passenger Fares
Indexes are calculated from data collected from a commercial airline reservation system. These data exclude
frequent flyer tickets and those sold by consolidators. The Crude Oil Tanker Freight Indexes are calculated
from data collected by the U. S. Department of Energy, and the publication of these indexes is lagged two
months. The Air Freight and Ocean Liner Freight Indexes are calculated from data collected directly from
companies. Fact sheets specifying detailed information for each services industry are available at
http://www.bls.gov/mxp under "Publications and Other Documentation."
Revision Policy -- To reflect the availability of late reports and corrections by respondents, monthly data
may be revised in each of the three months after original publication. After three months, no further data
revisions take place. So, for example, data released in the January release will be subject to revision in the
releases for February, March, and April.
Uses of the Data -- The primary use of the indexes is to deflate trade statistics, notably the foreign trade
sector of the National Income and Product Accounts constructed by the Department of Commerce. Other published
indexes are useful for general market analysis. For trade in international services, Balance of Payments indexes
are used for deflating National Income and Product Accounts, while International indexes are more appropriate for
market analysis. Merchandise and services indexes also can be used to study U.S. competitiveness and price
elasticities, and the merchandise import indexes by country or region of origin are useful for terms of trade
analysis.
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subscribers with a customer service survey.
In addition, the IPP news release is now available through an e-mail subscription service at
(http://www.bls.gov/mxp) or (http://www.bls.gov/bls/newsrels.htm).
Additional Information -- More detailed IPP data are available on the IPP home page at (http://www.bls.gov/mxp).
To access data using Anonymous FTP, use the Internet address at (ftp://ftp.bls.gov). For technical assistance in
using the BLS Internet site, send e-mail to (labstat.helpdesk@bls.gov). For IPP data requests, send e-mail to
(mxpinfo@bls.gov).