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Technical Information David Mead (202) 606-7154 USDL-97-20 Jim Thomas (202) 606-7155 For release: 10:00 A.M. E.S.T. Media contact: Thursday, January 23, 1997 Kathryn Hoyle (202) 606-5902 Internet Address: http://stats.bls.gov/ipphome.htm -------------------------------------------------------------------Note: Beginning with next month’s release, there will be several changes in the construction of the import and export price indexes. See page 4 for more details. -------------------------------------------------------------------U.S. IMPORT AND EXPORT PRICE INDEXES -DECEMBER 1996The U.S. Import Price Index increased 0.1 percent in December, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. The advance followed a decline of 0.2 percent in November. The U.S. Export Price Index was unchanged in December after declining in each of the six preceding months. Percent changes in import and export price indexes by End Use category - not seasonally adjusted IMPORTS Month All Imports 1995 December 1996 January February March April May June July August September October November Petroleum Imports EXPORTS Nonpetroleum All Imports Exports AgriNonagri cultural cultural Exports Exports 0.4 4.5 0.0 0.0 0.8 0.2 -0.2 0.7 0.8 -0.7 -1.0 -0.1 0.1 1.1 0.6 -0.2 r 4.8 -1.3 8.5 8.5 -3.8 -5.9 2.0 2.1 7.6 r 7.0 r -0.8 r -0.3 0.0 -0.3 0.0 -0.4 -0.5 -0.4 -0.1 0.4 -0.3 -0.1 r 0.5 -0.2 -0.2 0.6 0.4 -0.2 -0.5 -0.2 -0.7 r -0.3 r -0.4 r 1.7 -0.2 1.4 4.8 3.1 -2.2 -1.9 -0.2 -7.2 -2.6 r -2.3 r -0.2 0.3 -0.3 -0.3 0.0 -0.1 0.1 -0.2 -0.2 0.2 r 0.0 r 0.0 r December 0.1 0.3 0.1 0.0 -0.9 0.1 Dec. 1994-95 Dec. 1995-96 2.6 1.3 5.9 31.7 2.3 -1.7 3.4 -1.2 17.3 -6.9 1.7 -0.4 r = revised to reflect late reports and corrections by respondents. Import Goods The small December increase in the import price index was attributable to price increases for both petroleum and nonpetroleum imports, up 0.3 and 0.1 percent, respectively. Import prices had declined 0.2 percent in November after rising in the three prior months, due primarily to a decline in petroleum prices in November after increases in the prior months. The December rise in nonpetroleum prices followed declines of 0.1 and 0.3 percent in November and October, respectively, and was only the second monthly increase in the past 12 months. Prices of U.S imports were up 1.3 percent in the 12 months ended in December 1996. This compared with a 2.6 percent increase in 1995 and a 5.3 percent rise in 1994. The advance in overall import prices in 1996 was due to petroleum prices which rose 31.7 percent compared with a more modest 5.9 percent increase in 1995. The 12-month rise in petroleum prices was the largest yearly increase since 1990. In contrast, nonpetroleum imports fell over the past 12 months, down 1.7 percent compared with a 2.3 percent increase in 1995 and a 3.8 percent rise in 1994. Nonpetroleum industrial supplies and materials led the December increase in prices for nonpetroleum imports, rising 0.6 percent. Over the past year, nonpetroleum industrial supplies and materials prices fell 2.6 percent. The import price indexes for automotive vehicles and consumer goods also rose in December, up 0.3 and 0.1 percent, respectively. Over the past 12 months, automotive vehicle prices were unchanged, while consumer goods prices were down 0.6 percent. The index for imported capital goods fell in December--down 0.3 percent--and declined 4.0 percent over the year. The import price index for foods, feeds, and beverages was down 1.2 percent in December and 0.7 percent over the past 12 months. Export Goods The price index for U.S. export prices was unchanged in December as a continuing decline in the price index for agricultural exports offset a rise in prices for nonagricultural exports which continued to record little movement. Over the 12 months ended in December 1996, export prices decreased 1.2 percent, the first time the index has declined on an annual basis in five years. The index of agricultural export prices was down 6.9 percent over the year after rising 17.3 percent in 1995; price declines in June-December 1996 offset sharp rises in prices in the spring. Nonagricultural export prices were down 0.4 percent in 1996 after rising 1.7 percent in 1995 and 4.3 percent in 1994. The December advance in the index for nonagricultural exports was led by a 0.3 percent increase in nonagricultural industrial supplies and material prices. Prices for nonagricultural industrial supplies and materials, however, were down 2.2 percent in 1996. The index of exported consumer goods was also up in December, rising 0.2 percent. Exported automotive vehicle prices, however, were unchanged in December. Over the past 12 months, the price indexes for consumer goods and automotive vehicles rose 1.5 and 0.5 percent, respectively. In contrast, the indexes for exported capital goods and foods, feeds, and beverages both decreased in December, falling 0.1 and 1.2 percent, respectively. Capital goods export prices were unchanged in 1996 while foods, feeds, and beverages prices were down 6.5 percent over the same period. Summary of December to December percent changes 1988 All merchandise imports 4.4 Excluding petroleum 6.7 Petroleum -16.9 All merchandise exports 6.4 Excluding agricultural 5.1 Agricultural 14.7 1989 2.5 -0.2 32.6 0.5 1.3 -3.7 1990 1991 7.4 -4.2 3.0 0.2 48.8 -33.0 2.1 -0.6 3.4 -1.0 -4.8 1.7 1992 1993 0.2 -1.0 0.8 1.5 -6.0 -21.7 0.6 1.0 0.8 0.2 -0.4 8.3 1994 5.3 3.8 20.3 3.8 4.3 -0.2 1995 2.6 2.3 5.9 3.4 1.7 17.3 Imports by Locality of Origin Prices of goods imported from Japan fell 0.4 percent for the second consecutive month. (See table 7.) The index fell 4.1 percent in 1996 after rising 0.5 percent in 1995. The price index for imports from the Asian Newly Industrialized Countries also fell, decreasing 0.5 percent in December and 2.9 percent over the past 12 months. 1996 1.3 -1.7 31.7 -1.2 -0.4 -6.9 In contrast, prices of imports from Canada and the European Union were up 0.3 and 0.2 percent in December, respectively. Over the past year, imports from Canada were down 0.2 percent, while imports from the European Union rose 1.5 percent. Import and Export Services The Import Air Freight Index continued to edge down for the fourth consecutive quarter with a 1.6 percent decline in December. Both the Atlantic and Pacific regions contributed to this price decrease by falling 0.3 percent and 2.4 percent, respectively. For the year, the Import Air Freight Index posted a 4.3 percent decline led by decreases in the Atlantic and Pacific regions. The Import Air Passenger Fares Index decreased 2.9 percent this quarter due to a 7.0 percent drop in the price index for the Atlantic region. Gains of 7.6 percent in the Pacific region and 0.1 percent in the Latin American/Caribbean region moderated this decline. For the year, the Import Air Passenger Fares Index rose 2.1 percent with increases in the Atlantic, Pacific, and Latin American/Caribbean regions. After increasing in three consecutive quarters, the Export Air Passenger Fares Index fell 3.1 percent in December due to price declines of 7.8 and 4.6 percent, respectively, in the Atlantic and Pacific regions. These declines were partially offset by a 26.3 percent surge in the Canadian region and a slight increase of 0.8 percent in the Latin American/Caribbean region. For the year, the Export Air Passenger Fares Index rose 3.3 percent. The Import Crude Oil Tanker Freight Index gained 8.0 percent this quarter, mainly due to a 13.0 percent price jump in the Gulf region. Despite this quarterly increase, the Import Crude Oil Tanker Freight Index decreased 14.4 percent over the year, reflecting a 21.5 percent decline in the Gulf region. The Import Ocean Liner Freight Index decreased 0.3 percent this quarter, reflecting a decline in the U.S. West Coast Index of 0.7 percent. A slight price increase of 0.1 percent in the U.S. East Coast Index moderated the decrease. The Import Ocean Liner Freight Index posted a 2.6 percent annual decrease due to a 5.3 percent decline in the U.S. West Coast Index. CONTENTS OF RELEASE This news release includes the following tables: Table 1 Import Price Indexes, by End Use.....page 5 Table 2 Export Price Indexes, by End Use.....page 6 Table 3 Import Price Indexes, by SITC.....pages 7-8 Table 4 Export Price Indexes, by SITC.....page 9-10 Table 5 Import Price Indexes, by Harmonized System.....pages 11-12 Table 6 Export Price Indexes, by Harmonized System.....pages 13-14 Table 7 Import Price Indexes, by Locality of Origin.....page 15 Table 8 U.S. International Price Indexes for Services.....page 16 Table 9 U.S. Import and Export Price Indexes for Services.....page 17 ------------------------------------------------------------------Import and Export Price Index data for January are scheduled for release on February 25 at 10:00 a.m. (EST). ******************************************************************** Announcement of Changes in the U.S. Import and Export Price Indexes ******************************************************************** Beginning with the release of January 1997 data on Feb. 25, the Bureau of Labor Statistics will make several changes to the U.S. Import and Export Price Indexes. First, all price indexes will be reweighted to 1995 trade weights. Second, these indexes will be rebased from 1990=100 to 1995=100. Third, the aggregation structure below the published level will be modified to incorporate the use of sampling weights in the estimator. The current practice is to update the weights in these price indexes every five years. The new weights will be based on U.S. export and import shipment values for calendar 1995 (as reported by the Bureau of the Census) and will be used in the calculation of indexes from January 1997 forward. In addition, as a result of shifts in trade patterns, there also will be minor changes in the publication structure. In keeping with the policy of using a reference base that is the same as the weight base, all indexes will be rebased to 1995=100. This impacts the level of the indexes prior to January 1997; however, it should not (except for rounding) cause any adjustments to the percent changes between different time periods. Beginning with the release of January 1997 data, the index estimation methodology will be modified to incorporate the use of sampling weights at the item level. Currently, price relatives for individual items are averaged together using equal weights in the construction of what is referred to as the elementary aggregation. Under the new structure, items will be averaged together using sampling weights. These weights are primarily based on the value of exports (or imports) for a given company in a specific product category. As a result, item weights will more properly represent their true share of the market. More detailed information will be available in a forthcoming article in the Monthly Labor Review. For further information, please contact Jim Thomas at (202) 606-7155. TECHNICAL NOTE Import and Export Merchandise and Services Price Indexes -- All indexes use a modified Laspeyres formula and are weighted with 1990 trade weights. The merchandise price indexes are published using three classifications: the Harmonized System (HS), the Bureau of Economic Analysis End-Use System, and the Standard International Trade Classification (SITC) system, Rev. 3. Price indexes for internationally traded services are presented using two definitions: Balance of Payments (which represents transactions between U.S. and foreign residents) and International (which represents all transactions with U.S. importers or exporters, regardless of nationality). Published series use a base year of 1990=100 where possible. Exceptions are for the recently instituted HS indexes, which use a base of December 1992=100. Net transaction price data are collected every month for over 20,000 products from over 6,000 companies and secondary sources. Indexes are not seasonally adjusted. Historical index series and additional information may be obtained from the Division of International Prices, Bureau of Labor Statistics, 2 Massachusetts Avenue NE, PSB 3955, Washington, D.C. 20212, (202) 606-7155. Import Price Indexes -- Products have been classified by the 1990 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 1990 Harmonized Schedule B classification system of the U.S. Bureau of the Census. The prices used are generally either "free on board" (f.o.b.) factory or "free alongside ship" (f.a.s.) 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. Prior to January 1993, nonmanufactured goods were defined as SITC 0-4 and manufactured goods were defined as SITC 5-8. Beginning with January 1993, the indexes are weighted by country or region of origin using a nomenclature based upon the Standard Industrial Classification (SICBased). Nonmanufactured goods are defined as SIC 0-1, and manufactured goods are defined as SIC 2-3. The indexes use a base of December 1990=100. Import, Export, and International Services Indexes -- Indexes are updated on a quarterly basis. The figures for services indexes will not sum up to the aggregate dollar value because not all categories are shown in the tables. Revenue figures for air passenger indexes exclude frequent flyer tickets and those sold by consolidators. Indexes for crude oil tanker freight are calculated from data collected by the U. S. Department of Energy and represent the second month of the quarter. Revision policy -- Data are revised for the previous three months to reflect the availability of late reports and corrections by respondents. Uses of the Data -- The primary use of the indexes is to deflate trade statistics. For merchandise trade, the End-Use classification system is the structure used by the Department of Commerce in the construction of the foreign trade sector of the National Income and Product Accounts. Indexes published using the Harmonized System and the Standard International Trade Classification, Rev. 3, both international structures, are useful for general market analysis. For trade in international services, Balance of Payments indexes are used for deflating National Accounts data, while International indexes are more appropriate for market analysis. Merchandise and services indexes can also 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. The import and export news release contains monthly price indexes at the two-digit level of detail. If you would like to be added to the mailing list for more detailed index and percent change tables, please fill out the form below and mail or fax it to the following address: Division of International Prices Bureau of Labor Statistics PSB Building, Rm. 3955 2 Massachusetts Avenue, N.E. Washington, DC 20212 Phone Number: (202) 606-7155 Fax Number: (202) 606-7179 --------------------------------------------------------------------IPP Order Form Please add my name to the mailing list for the following publications. 1. Monthly News Release ______ 2. Harmonized System Indexes ______ 3. SITC Indexes ______ 4. BEA End-Use Indexes ______ Name________________________________________________________ Address_____________________________________________________ ______________________________________________ ______________________________________________ ______________________________________________ Phone Number ( ) ______________________________________ TECHNICAL NOTE Import and Export Merchandise and Services Price Indexes -- All indexes use a modified Laspeyres formula and are weighted with 1990 trade weights. The merchandise price indexes are published using three classifications: the Harmonized System (HS), the Bureau of Economic Analysis End-Use System, and the Standard International Trade Classification (SITC) system, Rev. 3. Price indexes for internationally traded services are presented using two definitions: Balance of Payments (which represents transactions between U.S. and foreign residents) and International (which represents all transactions with U.S. importers or exporters, regardless of nationality). Published series use a base year of 1990=100 where possible. Exceptions are for the recently instituted HS indexes, which use a base of December 1992=100. Net transaction price data are collected every month for over 20,000 products from over 6,000 companies and secondary sources. Indexes are not seasonally adjusted. Historical index series and additional information may be obtained from the Division of International Prices, Bureau of Labor Statistics, 2 Massachusetts Avenue NE, PSB 3955, Washington, D.C. 20212, (202) 606-7155. Import Price Indexes -- Products have been classified by the 1990 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 1990 Harmonized Schedule B classification system of the U.S. Bureau of the Census. The prices used are generally either "free on board" (f.o.b.) factory or "free alongside ship" (f.a.s.) 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. Prior to January 1993, nonmanufactured goods were defined as SITC 0-4 and manufactured goods were defined as SITC 5-8. Beginning with January 1993, the indexes are weighted by country or region of origin using a nomenclature based upon the Standard Industrial Classification (SICBased). Nonmanufactured goods are defined as SIC 0-1, and manufactured goods are defined as SIC 2-3. The indexes use a base of December 1990=100. Import, Export, and International Services Indexes -- Indexes are updated on a quarterly basis. The figures for services indexes will not sum up to the aggregate dollar value because not all categories are shown in the tables. Revenue figures for air passenger indexes exclude frequent flyer tickets and those sold by consolidators. Indexes for crude oil tanker freight are calculated from data collected by the U. S. Department of Energy and represent the second month of the quarter. Revision policy -- Data are revised for the previous three months to reflect the availability of late reports and corrections by respondents. Uses of the Data -- The primary use of the indexes is to deflate trade statistics. For merchandise trade, the End-Use classification system is the structure used by the Department of Commerce in the construction of the foreign trade sector of the National Income and Product Accounts. Indexes published using the Harmonized System and the Standard International Trade Classification, Rev. 3, both international structures, are useful for general market analysis. For trade in international services, Balance of Payments indexes are used for deflating National Accounts data, while International indexes are more appropriate for market analysis. Merchandise and services indexes can also 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. The import and export news release contains monthly price indexes at the two-digit level of detail. If you would like to be added to the mailing list for more detailed index and percent change tables, please fill out the form below and mail or fax it to the following address: Division of International Prices Bureau of Labor Statistics PSB Building, Rm. 3955 2 Massachusetts Avenue, N.E. Washington, DC 20212 Phone Number: (202) 606-7155 Fax Number: (202) 606-7179 --------------------------------------------------------------------IPP Order Form Please add my name to the mailing list for the following publications. 1. Monthly News Release ______ 2. Harmonized System Indexes ______ 3. SITC Indexes ______ 4. BEA End-Use Indexes ______ Name________________________________________________________ Address_____________________________________________________ ______________________________________________ ______________________________________________ ______________________________________________ Phone Number Table 1 END USE ( ) ______________________________________ U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods, December 1995-December 1990=100, unless otherwise noted Index Percent Change Relative ImportAnnual Monthly ance Dec. Aug. Sept. Description 1995 1996 1996 November November December to to to 1996 1996 1996 Dec. Sept. Oct. 1/ 2/ 1996 1996 1996 ALL COMMODITIES ALL IMPORTS EXCLUDING PETROLEUM 0 00 01 1 1996 Oct. 1996 to Nov. 1996 Nov. 1996 to Dec. 1996 100.000 87.759 108.1 108.5 108.2 108.6 1.3 -1.7 1.1 0.4 0.6 -0.3 -0.2 -0.1 0.1 0.1 5.912 117.6 116.2 -0.7 1.9 0.2 0.3 -1.2 Agricultural foods, feeds & beverages, excluding distilled beverages 4.193 115.5 113.2 -2.2 2.5 0.3 0.3 -2.0 Nonagricultural foods (fish, distilled beverages) 1.719 122.6 123.6 3.3 0.3 0.2 0.2 0.8 30.304 107.3 107.6 8.2 2.9 2.4 -0.1 0.3 FOODS, FEEDS, & BEVERAGES INDUSTRIAL SUPPLIES & MATERIALS INDUSTRIAL SUPPLIES & MATERIALS 10 100 EXCLUDING PETROLEUM INDUSTRIAL SUPPLIES & MATERIALS, DURABLE INDUSTRIAL SUPPLIES & MATERIALS, NONDURABLE EXCLUDING PETROLEUM 18.063 108.7 109.4 -2.6 0.4 -0.6 0.5 0.6 9.251 106.6 106.5 -1.8 1.2 -1.0 0.0 -0.1 8.813 111.3 112.9 -3.3 -0.5 -0.1 0.9 1.4 Fuels & lubricants 13.548 105.1 106.3 32.0 6.8 6.7 -0.1 1.1 12.241 103.2 103.5 31.7 7.6 7.0 -0.8 0.3 8.849 100.5 99.8 31.7 8.5 6.4 -1.9 -0.7 Petroleum & petroleum products 10000 Crude 11 Paper & paper base stocks 2.103 101.3 99.5 -26.0 -2.0 -2.9 -1.7 -1.8 12 Materials associated with nondurable supplies & materials 5.640 110.3 110.2 -2.0 -0.2 0.1 0.1 -0.1 13 Selected building materials 1.996 138.5 136.2 12.7 3.8 -3.6 2.1 -1.7 14 Unfinished metals associated with durable goods 4.261 98.0 98.5 -6.3 0.8 -0.6 -0.7 0.5 Finished metals associated with durable goods 1.442 103.9 103.4 -2.5 -0.3 0.3 -0.5 -0.5 Nonmetals associated with durable goods 1.314 104.1 104.6 -5.1 0.3 0.0 0.0 0.5 22.992 102.1 101.8 -4.0 0.2 -0.3 -0.5 -0.3 3.004 110.4 110.6 -1.7 0.0 0.3 -0.4 0.2 17.439 99.2 98.9 -5.1 0.3 -0.5 -0.7 -0.3 15 16 2 CAPITAL GOODS 20 Electric & electrical generating equipment 21 Nonelectrical machinery 3 AUTOMOTIVE VEHICLES, PARTS & ENGINES 19.624 115.3 115.6 0.0 0.3 -0.2 -0.2 0.3 4 CONSUMER GOODS, EXCLUDING AUTOMOTIVES 21.168 107.6 107.7 -0.6 0.2 -0.2 -0.1 0.1 10.208 108.1 108.0 -0.1 0.2 -0.2 0.0 -0.1 40 Nondurables, manufactured 41 Durables, manufactured 9.809 106.5 106.5 -1.0 0.1 -0.2 -0.2 0.0 42 Nonmanufactured consumer goods 1.151 113.2 115.0 -0.3 1.3 0.4 -0.4 1.6 1 Relative importance figures are based on n.a. Not available 2 1990 trade values. Data for September, October and November 1996 have been revised to reflect the availability of late reports and corrections by respondents. All data are subject to revision in each of the three months after original publication. NOTE: Table 2 END USE 0 00 01 1 10 Published categories may include price data not shown separately U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods, December 1995-December 1990=100, unless otherwise noted Index Percent Change Relative ImportAnnual Monthly ance Dec. Aug. Sept. Description 1995 1996 1996 November November December to to to 1996 1996 1996 Dec. Sept. Oct. 1/ 2/ 1996 1996 1996 Oct. 1996 to Nov. 1996 Nov. 1996 to Dec. 1996 ALL COMMODITIES AGRICULTURAL COMMODITIES NONAGRICULTURAL COMMODITIES 100.000 11.709 88.292 108.1 116.4 107.3 108.1 115.4 107.4 -1.2 -6.9 -0.4 -0.7 -7.2 0.2 -0.3 -2.6 0.0 -0.4 -2.3 0.0 0.0 -0.9 0.1 FOODS, FEEDS, & BEVERAGES 10.412 118.7 117.3 -6.5 -8.4 -3.0 -1.8 -1.2 Agricultural foods, feeds & beverages, excluding distilled beverages 9.373 118.6 117.1 -7.5 -9.1 -3.4 -2.3 -1.3 Nonagricultural foods (fish, distilled beverages) 1.039 116.4 116.3 3.4 -1.5 0.9 2.5 -0.1 28.494 108.6 109.0 -2.3 0.6 0.3 -0.6 0.4 11.002 112.4 113.2 -2.7 0.6 -0.1 -0.4 0.7 17.492 107.6 107.7 -2.0 0.7 0.6 -0.6 0.1 2.336 108.9 109.6 -4.6 1.7 0.6 -2.6 0.6 26.158 108.6 108.9 -2.2 0.6 0.2 -0.4 0.3 3.710 106.6 107.5 12.9 2.1 2.6 0.1 0.8 INDUSTRIAL SUPPLIES & MATERIALS INDUSTRIAL SUPPLIES & MATERIALS, DURABLE INDUSTRIAL SUPPLIES & MATERIALS, NONDURABLE Agricultural industrial supplies & materials NONAGRICULTURAL INDUSTRIAL SUPPLIES & MATERIALS 11 1996 Fuels & lubricants 12 Nonagricultural supplies & materials excluding fuels & building materials 13 Selected building materials 2 CAPITAL GOODS 20 Electric & electrical generating equipment 21 Nonelectrical machinery 19.689 105.7 105.9 -4.8 0.2 -0.2 -0.6 0.2 2.759 145.1 145.5 0.6 1.2 0.3 0.6 0.3 40.090 105.4 105.3 0.0 0.0 -0.1 0.0 -0.1 3.649 108.7 108.8 -0.3 -0.1 -0.1 -0.1 0.1 25.859 100.2 100.1 -1.3 -0.2 -0.1 -0.1 -0.1 3 AUTOMOTIVE VEHICLES, PARTS & ENGINES 10.147 109.5 109.5 0.5 -0.1 0.2 0.2 0.0 4 CONSUMER GOODS, EXCLUDING AUTOMOTIVES 10.858 111.2 111.4 1.5 0.2 0.0 0.0 0.2 40 Nondurables, manufactured 5.861 113.3 113.6 1.2 0.2 -0.1 -0.1 0.3 41 Durables, manufactured 4.465 108.7 108.7 1.1 0.3 -0.2 0.0 0.0 1 2 Relative importance figures are based on 1990 trade values. Data for September, October and November 1996 have been revised to reflect the availability of late reports and corrections by respondents. All data are subject to revision in each of the three months after original publication. NOTE: Table 3 SITC Rev. 3 n.a. Not available Published categories may include price data not shown separately U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods, December 1995-December 1996 1990=100, unless otherwise noted Index Percent Change Relative ImportAnnual Monthly ance Dec. Aug. Sept. Oct. Description 1995 1996 1996 1996 November November December to to to to 1996 1996 1996 Dec. Sept. Oct. Nov. 1/ 2/ 1996 1996 1996 1996 ALL COMMODITIES 100.000 108.1 108.2 1.3 1.1 0.6 -0.2 Nov. 1996 to Dec. 1996 0.1 0 01 03 FOOD AND LIVE ANIMALS Meat and meat preparations Fish, crustaceans, aquatic invertebrates and preparations thereof Cereals and cereal preparations Vegetables and fruit, prepared fresh or dried Sugars, sugar preparations and honey Coffee, tea, cocoa, spices and manufactures thereof 4.848 0.511 113.5 87.9 111.0 85.3 -1.1 1.3 2.9 0.6 0.9 1.8 0.3 -0.3 -2.2 -3.0 1.235 0.181 120.9 103.7 122.0 105.0 3.4 -3.0 0.5 -1.6 0.2 -2.1 0.2 -1.6 0.9 1.3 1.453 0.262 127.5 100.8 120.4 100.2 -0.6 -2.0 8.3 -0.2 3.1 0.9 1.4 0.3 -5.6 -0.6 0.827 125.3 121.6 -9.1 2.4 -1.8 -0.3 -3.0 1 11 BEVERAGES AND TOBACCO Beverages 1.086 0.874 121.0 118.0 121.2 118.3 3.1 2.2 0.5 0.4 0.0 0.2 0.1 0.1 0.2 0.3 2 23 CRUDE MATERIALS, INEDIBLE, EXCEPT FUELS Crude rubber (including synthetic and reclaimed) Cork and wood Pulp and waste paper Metalliferous ores and metal scrap 3.363 119.4 119.0 -5.0 3.5 -1.6 1.1 -0.3 0.320 1.125 0.444 0.843 132.4 177.6 76.3 102.4 136.6 170.3 74.5 103.5 -11.9 25.4 -39.0 -4.4 0.1 4.5 3.3 2.5 -2.5 -5.7 1.6 -0.2 2.4 5.8 0.3 -1.1 3.2 -4.1 -2.4 1.1 13.058 103.8 104.9 32.4 7.2 6.9 0.0 1.1 11.894 1.098 103.4 109.2 103.2 125.0 30.5 56.3 7.5 3.6 7.0 6.9 -1.0 11.3 -0.2 14.5 4.815 1.375 0.701 110.7 100.6 114.9 110.5 100.2 116.3 -1.3 0.3 2.6 0.3 0.1 0.1 0.0 -0.9 2.9 0.2 1.5 -1.2 -0.2 -0.4 1.2 0.290 0.693 108.6 126.3 108.3 126.0 -1.3 -2.7 0.4 1.3 -1.3 -1.2 -0.6 -0.2 -0.3 -0.2 0.318 0.258 0.491 0.476 122.9 104.5 98.0 114.9 122.1 103.6 98.7 112.5 -2.5 -7.1 -7.7 0.4 -1.1 1.4 -1.5 1.7 1.1 -0.2 0.8 -0.3 -0.6 2.6 -1.2 -0.3 -0.7 -0.9 0.7 -2.1 12.456 0.713 106.8 103.4 107.0 103.3 -5.8 -3.1 -0.4 0.2 -1.0 -0.4 -0.7 -0.7 0.2 -0.1 1.820 109.8 108.2 -20.8 -3.5 -3.8 -2.4 -1.5 04 05 06 07 24 25 28 3 33 34 5 51 52 53 54 55 57 58 59 6 62 64 65 MINERAL FUELS, LUBRICANTS AND RELATED MATERIALS Petroleum, petroleum products and related materials Gas, natural and manufactured CHEMICALS AND RELATED PRODUCTS, N.E.S. Organic chemicals Inorganic chemicals Dyeing, tanning and coloring materials (9212=100) Medicinal and pharmaceutical products Essential oils; polishing and cleansing preps Plastics in primary forms (9212=100) Plastics in nonprimary forms (9212=100) Chemical materials and products, n.e.s. MANUFACTURED GOODS CLASSIFIED CHIEFLY BY MATERIAL Rubber manufactures, n.e.s. Paper, paperboard, and articles of paper pulp, paper or paper board Textile yarn, fabrics, made-up 66 67 68 69 7 72 73 74 75 76 77 78 8 81 82 83 84 85 87 88 89 971 articles, n.e.s., and related product Nonmetallic mineral manufactures, n.e.s. Iron and steel Nonferrous metals Manufactures of metals, n.e.s. 1.420 114.0 114.5 -0.2 -0.3 0.0 0.0 0.4 2.203 2.039 1.687 1.929 114.3 106.0 88.2 111.0 114.8 105.6 89.4 111.4 2.4 -3.7 -12.5 -0.1 0.5 0.6 -0.3 -0.2 -0.1 0.1 -2.0 -0.2 0.4 -0.5 -1.3 -0.2 0.4 -0.4 1.4 0.4 MACHINERY AND TRANSPORT EQUIPMENT Machinery specialized for particular industries Metalworking machinery General industrial machinery and equipment, n.e.s. and machine parts, n.e.s Computer equipment and office machines Telecommunications & sound recording & reproducing apparatus & equipment Electrical machinery and equipment Road vehicles 43.260 107.3 107.3 -2.2 0.3 -0.3 -0.3 0.0 2.959 0.877 116.9 121.5 117.5 121.5 -0.4 -0.7 0.2 0.2 0.0 -0.2 -0.3 -0.1 0.5 0.0 3.323 3.919 116.6 74.3 116.6 73.9 -0.9 -10.1 0.7 -0.9 -0.2 -0.5 -0.5 -0.8 0.0 -0.5 4.112 6.593 16.680 94.2 100.1 117.6 94.0 99.4 117.7 -3.8 -6.3 0.0 -0.1 0.9 0.3 -0.2 -0.7 -0.2 -0.3 -1.0 -0.1 -0.2 -0.7 0.1 MISCELLANEOUS MANUFACTURED ARTICLES Prefabricated buildings; plumbing, heat lighting fixtures, n.e.s. Furniture and parts thereof Travel goods, handbags and similar containers Articles of apparel and clothing accessories Footwear Professional, scientific and controlling instruments and apparatus, n.e.s. Photographic apparatus, equipment and supplies and optical goods, n.e.s.; Miscellaneous manufactured articles, n.e.s. 16.612 107.9 107.8 -0.5 0.1 -0.1 -0.1 -0.1 0.314 1.050 104.5 107.5 104.6 107.5 -1.2 0.6 0.4 0.1 -0.6 -0.1 0.2 0.8 0.1 0.0 0.480 110.7 110.5 -0.1 -0.3 0.0 -0.4 -0.2 5.196 1.915 104.4 102.6 104.1 102.8 0.5 0.0 0.1 0.2 -0.2 -0.2 0.4 -0.1 -0.3 0.2 1.409 116.3 116.2 -0.8 0.1 -0.3 -0.3 -0.1 1.418 110.5 110.3 -3.8 0.4 -0.2 -0.5 -0.2 4.831 110.9 110.6 -0.7 0.1 0.0 -0.4 -0.3 0.202 110.1 108.8 -3.6 0.5 -1.3 -0.5 -1.2 Gold, nonmonetary (excluding gold ores and concentrates) (9212=100) 1 2 Relative importance figures are based on 1990 trade values. Data for September, October and November 1996 have been revised to reflect the availability of late reports and corrections by respondents. n.a. Not available. 3 All data are subject to revision in each of the three months after original publication. Product categories included in this group have been modified due to concordance or coverage limitations. NOTE: Table 4 SITC Rev. 3 Published categories may include price data not shown separetely U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods, December 1995-December 1996 1990=100, unless otherwise noted Index Percent Change Relative ImportAnnual Monthly ance Dec. Aug. Sept. Oct. Description 1995 1996 1996 1996 November November December to to to to 1996 1996 1996 Dec. Sept. Oct. Nov. 1/ 2/ 1996 1996 1996 1996 ALL COMMODITIES Nov. 1996 to Dec. 1996 100.000 108.1 108.1 -1.2 -0.7 -0.3 -0.4 0.0 FOOD AND LIVE ANIMALS Meat and meat preparations Fish, crustaceans, aquatic invertebrates and preparations Cereals and cereal preparations Vegetables, fruit and nuts, fresh or dried feeding stuff for animals (not including unmilled cereals) 9.171 0.924 120.9 114.0 119.3 113.4 -7.4 -7.6 -9.7 -2.4 -1.5 0.4 -2.3 -0.5 -1.3 -0.5 0.835 3.874 114.0 121.8 114.0 120.6 4.4 -16.4 -1.4 -20.1 0.5 -4.3 3.2 -2.9 0.0 -1.0 1.807 129.6 123.2 1.3 1.1 2.1 -2.5 -4.9 0.910 123.3 125.6 4.6 4.7 -2.4 -5.0 1.9 1 BEVERAGES AND TOBACCO 2.091 115.3 115.5 0.3 -0.2 -0.1 -0.2 0.2 2 21 22 23 7.702 0.515 1.135 110.9 116.5 115.7 111.0 113.9 115.0 -7.9 24.9 1.1 1.2 4.1 -0.5 -1.5 7.4 -13.5 -0.9 -0.9 1.4 0.1 -2.2 -0.6 24 25 26 27 28 CRUDE MATERIALS, INEDIBLE, EXCEPT FUELS Hides, skins and furskins, raw Oil seeds and oleaginous fruits Crude rubber (including synthetic and reclaimed) Cork and wood Pulp and waste paper Textile fibers and their waste Crude fertilizers and crude minerals Metalliferous ores and metal scrap 0.247 1.957 0.913 1.011 0.369 1.282 106.3 149.1 89.7 103.5 95.5 100.4 108.2 150.0 86.6 104.4 95.5 102.4 -3.6 0.3 -35.1 -15.5 -2.6 -6.7 -0.6 1.8 1.1 2.2 -0.1 1.4 -1.2 0.4 1.3 -1.3 0.3 1.0 -0.7 0.4 -1.5 -3.5 0.2 -3.0 1.8 0.6 -3.5 0.9 0.0 2.0 3 MINERAL FUELS, LUBRICANTS AND RELATED 0 01 03 04 05 08 32 33 4 5 51 52 53 54 55 57 58 59 6 62 63 64 66 68 69 7 71 72 73 74 75 76 77 78 MATERIALS Coal, coke and briquettes Petroleum, petroleum products and related materials ANIMAL AND VEGETABLE OILS, FATS AND WAXES CHEMICALS AND RELATED PRODUCTS, N.E.S. Organic chemicals Inorganic chemicals (9212=100) Dyeing, tanning and coloring materials (9312=100) Medicinal and pharmaceutical products Essential oils; polishing and cleansing preps Plastics in primary forms (9212=100) Plastics in nonprimary forms (9212=100) Chemical materials and products, n.e.s. MANUFACTURED GOODS CLASSIFIED CHIEFLY BY MATERIAL Rubber manufactures, n.e.s. Cork and wood manufactures other than furniture (9212=100) Paper, paperboard, and articles of paper pulp, paper or paperboard Nonmetallic mineral manufactures, n.e.s. Nonferrous metals Manufactures of metals, n.e.s. MACHINERY AND TRANSPORT EQUIPMENT Power generating machinery and equipment Machinery specialized for particular industries Metalworking machinery General industrial machinery and equipment, n.e.s. and machine parts, n.e.s Computer equipment and office machines Telecommunications & sound recording & reproducing apparatus & equipment Electrical machinery and equipment Road vehicles 3.280 1.215 105.3 98.7 106.8 98.7 15.1 0.1 3.1 -0.2 3.5 0.1 -0.7 0.2 1.4 0.0 1.906 106.2 108.5 25.6 5.6 5.9 -1.3 2.2 0.323 107.1 110.6 -5.8 5.6 -4.3 -7.5 3.3 10.796 2.619 1.079 109.3 99.1 117.2 109.4 98.8 117.6 -0.5 -7.6 1.1 -0.2 -0.1 -0.5 0.0 0.3 -0.1 -0.4 0.1 -0.2 0.1 -0.3 0.3 0.457 1.156 104.4 110.6 104.5 110.6 1.7 1.7 0.0 0.1 1.4 -0.2 -0.2 0.1 0.1 0.0 0.577 1.901 0.698 1.628 112.6 124.6 105.6 118.5 112.6 125.7 105.5 118.6 0.5 4.9 -3.2 2.5 0.7 -0.4 -1.3 -0.1 0.0 -0.5 -0.3 0.2 -0.2 -2.6 -0.5 0.1 0.0 0.9 -0.1 0.1 9.425 0.636 111.0 119.9 111.4 120.0 -2.5 0.4 0.4 0.3 -0.4 0.1 -0.1 0.1 0.4 0.1 0.385 97.1 97.2 -6.7 -0.1 0.2 0.4 0.1 1.335 105.0 104.6 -12.5 0.8 -1.9 -0.4 -0.4 1.307 1.284 1.740 114.0 96.5 114.8 113.7 100.1 115.3 2.9 -7.2 0.6 -0.4 1.2 0.8 1.0 -1.8 0.1 1.0 -2.3 -0.3 -0.3 3.7 0.4 46.630 105.2 105.2 0.0 0.0 -0.1 0.0 0.0 4.512 120.5 120.9 3.2 0.1 -0.2 0.2 0.3 4.504 0.814 116.0 114.5 116.1 114.5 1.6 1.6 0.2 0.3 -0.1 -0.3 -0.3 0.0 0.1 0.0 4.668 4.694 115.5 67.9 115.3 67.1 2.7 -9.6 0.1 -1.3 0.3 -0.4 0.2 -0.7 -0.2 -1.2 2.628 7.907 8.052 106.8 100.6 109.6 106.9 100.8 109.6 1.5 -2.7 0.5 0.0 -0.1 0.0 0.1 -0.4 0.3 0.1 0.0 0.1 0.1 0.2 0.0 8 82 87 MISCELLANEOUS MANUFACTURED ARTICLES Furniture and parts thereof Professional, scientific and controlling instruments and apparatus, n.e.s. Miscellaneous manufactured articles, n.e.s. 89 971 Gold, nonmonetary (excluding gold ores and concentrates) (9212=100) 1 2 Harmonized System I 02 03 II 07 08 109.2 103.0 109.5 103.0 1.1 1.4 0.0 0.4 0.0 0.4 0.2 -0.3 0.3 0.0 3.647 116.1 116.7 2.5 0.0 -0.1 0.3 0.5 3.647 103.4 103.5 0.0 -0.1 0.0 0.1 0.1 0.721 111.2 110.1 -2.6 1.5 -1.2 -0.4 -1.0 Relative importance figures are based on 1990 trade values. Data for September, October and November 1996 have been revised to reflect the availability of late reports and corrections by respondents. All data are subject to revision in each of the three months after original publication. NOTE: able 5 9.862 0.425 n.a. Not available. Published categories may include price data not shown separately U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods, December 1995-December December 1992=100, unless otherwise noted Index Percent Change Relative ImportAnnual Monthly ance Dec. Aug. Sept. Description 1995 1996 1996 November November December to to to 1996 1996 1996 Dec. Sept. Oct. 1/ 2/ 1996 1996 1996 1996 Oct. 1996 to Nov. 1996 Nov. 1996 to Dec. 1996 LIVE ANIMALS; ANIMAL PRODUCTS Meat and edible meat offal Fish and crustaceans, molluscs and other aquatic invertebrates 1.677 0.372 100.6 83.7 101.0 83.0 0.7 -7.2 0.8 2.2 0.8 1.7 0.5 0.2 0.4 -0.8 0.973 113.9 115.0 4.5 0.1 0.1 0.9 1.0 VEGETABLE PRODUCTS Edible vegetables and certain roots and tubers Edible fruit and nuts; peel of citrus 1.856 128.1 124.0 -6.1 5.3 1.2 1.7 -3.2 0.344 131.7 117.4 -7.6 n.a. 12.7 -6.7 -10.9 09 3/ fruit or melons Coffee, tea, mate and spices Other vegetable products 0.496 0.619 0.397 116.4 147.3 116.5 113.4 140.3 122.1 7.8 -14.0 -7.0 -2.2 1.5 2.3 -0.2 -2.6 -0.2 18.1 -0.4 -4.4 -2.6 -4.8 4.8 0.243 144.3 146.7 5.9 -0.8 -0.8 0.0 1.7 2.596 111.4 110.7 0.7 1.0 -0.5 -0.7 -0.6 0.271 112.5 113.1 1.8 1.5 1.2 -1.4 0.5 0.431 1.024 0.421 116.7 105.8 116.6 112.3 105.6 116.6 -5.8 2.2 5.0 -0.2 0.6 4.3 -3.7 -0.1 -0.4 -3.8 0.5 -0.3 -3.8 -0.2 0.0 16.814 0.342 128.4 92.6 129.4 91.6 30.6 -1.7 7.1 1.4 6.6 0.2 -0.1 0.5 0.8 -1.1 16.222 129.9 130.9 32.4 7.2 6.8 -0.1 0.8 4.658 1.026 1.697 0.360 111.6 119.6 109.3 119.4 111.8 121.8 109.3 119.3 0.4 1.8 1.1 0.0 0.4 0.8 0.3 2.5 0.1 2.0 -0.9 0.1 -0.2 -2.2 1.2 -0.7 0.2 1.8 0.0 -0.1 0.271 0.357 108.5 103.9 108.2 103.7 -1.9 -1.9 0.5 0.4 -1.3 -0.3 -0.7 -0.3 -0.3 -0.2 0.489 109.2 107.2 -2.7 -0.5 0.6 -0.3 -1.8 2.456 1.409 1.047 106.3 103.9 109.7 106.8 104.0 110.7 -5.7 -4.9 -6.8 0.1 -0.1 0.4 -0.4 0.2 -1.2 -0.1 -0.1 -0.2 0.5 0.1 0.9 1.116 110.0 109.8 2.6 -1.8 -0.2 1.7 -0.2 0.933 104.4 104.1 0.0 -0.1 -0.1 -0.1 -0.3 WOOD, WOOD CHARCOAL, CORK, STRAW, BASKET AND WICKER 1.363 129.1 127.0 13.7 3.9 -4.2 2.1 -1.6 WOOD PULP, WASTE AND SCRAP PAPER, PAPER AND ARTICLES THEREOF 2.835 112.5 110.9 -22.3 -1.6 -1.9 -1.7 -1.4 III ANIMAL OR VEGETABLE FATS AND OILS IV PREPARED FOODSTUFFS, BEVERAGES, AND TOBACCO Edible preps of meat, fish, and other aquatic invertebrates Preparations of vegetables, fruit, nuts, or other parts of plants Beverages, spirits, and vinegar Other prepared foodstuffs 16 20 22 3/ V 26 27 MINERAL PRODUCTS Ores, slag and ash Mineral fuels, oils and residuals, bituminous substances and mineral wax VI 28 29 30 32 37 3/ VII 39 40 VIII 42 IX X PRODUCTS OF THE CHEMICAL OR ALLIED INDUSTRIES Inorganic chemicals Organic chemicals Pharmaceutical products Tanning & dyeing extracts; dye & pigments; varnish & paints; putty Photographic or cinematographic goods Essential oils & perfumes; cleaning preps; glues & starches; & explosives PLASTICS AND ARTICLES THEREOF; RUBBER AND ARTICLES THEREOF Plastics and articles thereof Rubber and articles thereof RAW HIDES, SKINS, LEATHER, FURSKINS, TRAVEL GOODS, ETC Articles of leather; travel goods, bags, etc. of various materials 47 Pulp wood or other fibrous cellulosic material; waste paper/paperboard Paper and paperboard; articles of paper pulp, paper or paperboard Printed matter 0.581 104.7 102.1 -38.3 3.1 1.9 0.1 -2.5 1.919 0.335 116.1 107.2 114.5 107.3 -19.4 0.4 -3.1 -0.2 -3.5 1.1 -2.1 -2.3 -1.4 0.1 5.973 103.5 103.4 0.0 0.1 -0.3 0.2 -0.1 1.582 103.7 103.5 0.6 0.6 0.1 -0.1 -0.2 2.934 102.1 101.8 0.3 0.2 -0.4 0.2 -0.3 0.294 109.7 109.8 -0.3 -0.4 -0.1 -0.1 0.1 2.089 101.6 101.7 0.0 0.2 -0.1 -0.1 0.1 1.873 101.2 101.4 0.0 0.1 -0.2 -0.1 0.2 STONE, PLASTER, CEMENT, ASBESTOS,CERAMIC GLASS ETC. Glass and glassware 1.033 0.379 108.1 110.6 109.1 111.3 2.5 3.5 0.1 0.2 -0.2 -0.4 -0.1 0.7 0.9 0.6 PEARLS, STONES, PRECIOUS METALS, IMITATION JEWELRY, AND COINS 2.337 104.2 103.7 -1.3 0.0 -0.7 -0.2 -0.5 XV 72 73 74 75 76 79 83 BASE METALS AND ARTICLES OF BASE METAL Iron and steel Articles of iron or steel Copper and articles thereof Nickel and articles thereof Aluminum and articles thereof Zinc and articles thereof Miscellaneous articles of base metal 5.796 1.699 1.377 0.475 0.255 0.843 0.196 0.362 109.6 111.1 107.8 103.1 112.0 119.4 94.2 108.6 110.2 110.9 107.2 108.4 110.8 120.9 96.5 109.2 -5.8 -4.2 -2.3 -18.1 -18.4 -9.0 3.3 1.6 0.2 0.5 -0.2 1.2 -0.4 0.0 0.7 -0.1 -0.6 -0.1 -0.1 -1.7 1.5 -3.4 0.0 0.4 -0.5 -0.3 -0.5 1.2 -3.9 -1.3 2.1 0.0 0.5 -0.2 -0.6 5.1 -1.1 1.3 2.4 0.6 XVI MACHINERY, ELECTRICAL EQUIPMENT, TV IMAGE & SOUND RECORDERS, PARTS, ETC. Specialized machinery & computer equipment Electrical machinery and equip, sound and TV recorders & reproducers, parts 23.555 97.8 97.6 -4.1 0.2 -0.4 -0.3 -0.2 12.574 97.8 97.9 -2.9 0.1 -0.4 0.0 0.1 10.981 97.8 97.3 -5.4 0.5 -0.5 -0.7 -0.5 17.077 15.873 109.9 110.2 110.0 110.3 0.0 0.0 0.4 0.4 -0.2 -0.2 -0.2 -0.1 0.1 0.1 48 49 XI 61 62 63 XII 64 XIII 70 XIV 84 85 XVII 87 TEXTILE AND TEXTILE ARTICLES Articles of apparel and clothing accessories, knitted or crocheted Articles of apparel and clothing accessories, not knitted or crocheted Made-up or worn textile articles and clothing; needlecraft sets; rags FOOTWEAR, HEADGEAR, UMBRELLAS, WHIPS, ARTIFICIAL FLOWERS, ETC. Footwear, gaiters and the like; parts of such articles VEHICLES, AIRCRAFT, VESSELS AND ASSOCIATED TRANSPORT EQUIPMENT Motor vehicles and their parts XVIII OPTICAL, PHOTO, MEASURING, MEDICAL & MUSICAL INSTRUMENTS; CLOCKS & WATCHES Optical, photographic, measuring and medical instruments Clocks and watches and parts thereof 90 91 XX 94 MISCELLANEOUS MANUFACTURED ARTICLES Furniture; stuffed furnishings; lamps and lighting fittings nes; Toys, games and sports equipment; parts and accessories thereof Miscellaneous manufactured articles 95 96 1 2 3 Harmonized System I 02 03 03R 107.7 107.4 -2.9 0.1 -0.3 -0.5 -0.3 2.752 0.377 107.3 110.3 107.0 109.5 -2.9 -2.8 0.0 1.4 -0.5 0.1 -0.2 -0.9 -0.3 -0.7 3.182 101.1 101.0 -0.5 0.1 -0.2 0.2 -0.1 1.252 101.0 101.0 -0.4 0.1 -0.2 0.8 0.0 1.653 0.277 100.8 104.0 100.4 104.3 -0.1 -3.2 0.1 0.7 -0.3 -0.7 0.0 0.0 -0.4 0.3 Relative importance figures are based on 1990 trade values. Data for September, October and November 1996 have been revised to reflect the availability of late reports and corrections by respondents. All data are subject to revision in each of the three months after original publication. Product categories included in this group have been modified due to concordance or coverage limitations. NOTE: Table 6 3.283 Published categories may include price data not shown separately U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods, December 1995-December 1996 December 1992=100, unless otherwise noted Index Percent Change Relative ImportAnnual Monthly ance Dec. Aug. Sept. Oct. Description 1995 1996 1996 1996 November November December to to to to 1996 1996 1996 Dec. Sept. Oct. Nov. 1/ 2/ 1996 1996 1996 1996 LIVE ANIMALS; ANIMAL PRODUCTS Meat & edible meat offal Fish and crustaceans, molluscs and other aquatic invertebrates Other fish, crustaceans & aquatic Nov. 1996 to Dec. 1996 2.068 0.807 118.5 104.2 117.9 103.8 -0.4 -9.3 -2.2 -3.2 0.5 0.1 1.3 -0.4 -0.5 -0.4 0.887 133.6 133.3 4.1 -1.7 0.9 3.6 -0.2 invertebrates 0.489 148.1 148.6 -3.7 -3.3 -0.6 5.0 0.3 VEGETABLE PRODUCTS Edible vegetables and certain roots and tubers Edible fruit and nuts; peel of citrus fruit or melons Cereals Oilseeds and misc. grains, seeds, fruits, plants, straw and fodder 6.876 124.3 122.1 -10.5 -13.5 -5.0 -2.1 -1.8 0.411 115.9 107.6 16.3 -1.2 4.2 4.5 -7.2 0.956 3.806 129.1 124.9 121.8 123.6 -6.4 -17.3 3.9 -22.2 1.5 -4.9 -5.7 -3.3 -5.7 -1.0 1.421 124.2 123.5 1.3 -0.4 -12.5 1.5 -0.6 III ANIMAL OR VEGETABLE FATS AND OILS 0.360 109.0 112.0 -5.4 4.1 -4.0 -6.0 2.8 IV PREPARED FOODSTUFFS, BEVERAGES, AND TOBACCO Preparations of vegetables, fruit, nuts, or other parts of plants Miscellaneous edible preparations Residues and waste from the food industries; prepared animal feed 3.820 107.0 107.6 1.3 1.1 -0.5 -1.7 0.6 0.341 0.228 113.2 101.8 113.7 102.6 1.2 2.2 -1.2 0.5 0.4 0.1 0.4 0.1 0.4 0.8 0.811 114.7 116.5 3.4 4.9 -2.5 -5.2 1.6 4.648 121.2 123.1 12.2 3.1 3.1 -0.3 1.6 3.921 124.2 126.1 16.7 3.1 3.4 -0.2 1.5 9.451 1.316 3.328 0.742 113.4 120.1 111.5 106.9 113.5 120.7 111.3 106.9 -0.7 1.5 -4.7 0.7 0.0 -0.4 0.0 0.1 0.2 -0.2 0.4 -0.2 0.2 -0.1 0.0 0.2 0.1 0.5 -0.2 0.0 0.428 103.3 103.4 1.4 0.0 1.0 -0.1 0.1 0.391 108.1 108.2 -0.1 0.6 0.0 -0.2 0.1 0.252 0.517 1.408 112.8 98.5 113.9 113.2 99.3 113.9 1.7 -0.1 2.6 0.4 0.1 0.1 -0.1 -0.1 0.2 0.1 0.2 0.0 0.4 0.8 0.0 PLASTICS AND ARTICLES THEREOF; RUBBER AND ARTICLES THEREOF Plastics and articles thereof Rubber and articles thereof 4.133 3.261 0.872 113.6 114.8 109.5 114.1 115.2 110.1 1.4 2.0 -0.6 -0.4 -0.5 0.1 -0.4 -0.5 -0.2 -1.0 -1.2 -0.2 0.4 0.3 0.5 RAW HIDES, SKINS, LEATHER, FURSKINS, TRAVEL GOODS, ETC. 0.911 120.3 118.3 13.4 2.7 4.4 0.2 -1.7 II 07 08 10 12 20 21 23 V 27 VI 28 29 30 32 33 34 37 38 VII 39 40 VIII MINERAL PRODUCTS Mineral fuels, oils and residuals, bituminous substances and mineral wax PRODUCTS OF THE CHEMICAL OR ALLIED INDUSTRIES Inorganic chemicals Organic chemicals Pharmaceutical products Tanning or dyeing extracts; dyes and pigments; paints & varnish; putty;ink Essential oils and resinoids; perfumery, cosmetic or toilet Soap; lubricants; waxes, polishing or scouring products; candles, pastes Photographic or cinematographic goods Miscellaneous chemical products 41 Raw hides and skins (other than furskins) and leather 0.705 115.3 112.7 11.3 3.4 5.8 0.2 -2.3 1.936 116.1 116.5 -1.0 1.4 0.3 0.5 0.3 3.484 109.9 108.4 -18.4 0.5 -0.4 -0.7 -1.4 1.165 112.1 108.5 -34.6 1.1 1.2 -1.5 -3.2 1.429 0.890 108.9 108.8 108.0 108.9 -13.2 4.4 0.7 -0.4 -2.1 -0.1 -0.5 0.0 -0.8 0.1 3.149 113.0 113.6 -6.6 1.0 -0.8 -1.3 0.5 1.116 128.9 131.8 -15.0 2.8 -1.4 -3.5 2.2 PEARLS, STONES, PRECIOUS METALS, IMITATION JEWELRY, AND COINS 1.880 110.2 109.5 0.4 1.4 -0.3 0.1 -0.6 XV 72 73 74 76 83 BASE METALS AND ARTICLES OF BASE METALS Iron and steel Articles of iron or steel Copper and articles thereof Aluminum and articles thereof Miscellaneous articles of base metal 5.010 1.194 1.006 0.481 1.170 0.334 112.9 116.5 111.1 98.6 114.6 108.4 114.9 117.1 111.1 104.2 119.3 108.9 -4.1 -6.8 1.5 -15.5 -5.8 0.3 0.4 -0.7 0.1 0.9 0.3 0.3 -0.9 -0.9 0.1 -0.5 -2.6 -0.6 -1.2 -2.3 0.8 0.9 -2.1 0.4 1.8 0.5 0.0 5.7 4.1 0.5 XVI MACHINERY, ELECTRICAL EQUIPMENT, TV IMAGE AND SOUND RECORDERS, PARTS, ETC Specialized machinery & computer equipment Electrical machinery and equip, sound & tv recorders & reproducers, parts 29.113 96.0 95.9 -1.5 -0.2 -0.2 -0.1 -0.1 17.975 95.3 95.1 -1.3 -0.2 -0.1 -0.2 -0.2 11.139 97.1 97.3 -1.8 -0.1 -0.3 0.0 0.2 16.004 8.184 108.2 105.0 108.2 105.0 1.7 0.7 0.3 0.0 0.3 0.2 0.1 0.2 0.0 0.0 4.816 104.9 105.3 1.7 0.1 -0.2 0.2 0.4 1.283 103.2 103.2 0.8 0.0 0.2 -0.1 0.0 0.606 104.9 104.8 1.3 0.3 0.2 -0.1 -0.1 IX X 47 48 49 XI 52 XIV 84 85 XVII 87 XVIII XX 94 95 WOOD, WOOD CHARCOAL, CORK, STRAW, BASKET AND WICKER WOOD PULP, WASTE AND SCRAP PAPER, PAPER AND ARTICLES THEREOF Pulp wood or other fibrous cellulosic material; waste paper/paperboard Paper and paperboard; articles of paper pulp, paper or paperboard Printed material TEXTILE AND TEXTILE ARTICLES Cotton, including yarns and woven fabrics thereof VEHICLES, AIRCRAFT, VESSELS AND ASSOCIATED TRANSPORT EQUIPMENT Motor vehicles and their parts OPTICAL, PHOTO, MEASURING, MEDICAL & MUSICAL INSTRUMENTS; CLOCKS & WATCHES MISCELLANEOUS MANUFACTURED ARTICLES Furniture; stuffed furnishings; lamps and lighting fittings nesoi; Toys, games and sports equipment; parts and accessories thereof 1 2 3 0.501 99.8 99.9 0.1 -0.3 0.0 0.0 0.1 Relative importance figures are based on 1990 trade values. Data for September, October and November 1996 have been revised to reflect the availability of late reports and corrections by respondents. All data are subject to revision in each of the three months after original publication. Product categories included in this group have been modified due to concordance or coverage limitations. NOTE: Published categories may include price data not shown separately Table 7 U.S. Import Price Indexes and Percent Changes by Locality of Origin,December 1995-December 1996 December 1990=100, unless otherwise noted Index Percent Change Percentage of Annual Monthly US Imports Dec. Aug. Sept. Oct. Description 1/ 1995 1996 1996 1996 1990 Nov. Dec. to to to to 1996 1996 Dec. Sept. Oct. Nov. 2/ 1996 1996 1996 1996 Nov. 1996 to Dec. 1996 3/ Developed Countries Manufactured Goods Nonmanufactured Goods 59.3 55.5 3.5 110.3 111.7 117.2 110.4 111.6 120.5 -0.8 -2.1 25.4 0.5 0.4 3.0 -0.2 -0.4 2.9 -0.1 -0.2 2.9 0.1 -0.1 2.8 3/ Developing Countries Manufactured Goods Nonmanufactured Goods 40.7 30.2 10.4 95.9 103.4 94.8 95.8 103.1 95.4 5.2 0.1 25.0 2.2 0.3 8.4 1.7 0.5 5.3 -0.2 0.4 -1.9 -0.1 -0.3 0.6 Canada Manufactured Goods Nonmanufactured Goods 18.1 15.7 2.2 104.6 105.0 118.4 104.9 104.9 122.1 -0.2 -3.2 25.7 0.7 0.6 2.0 0.2 -0.3 3.3 0.4 0.0 2.9 0.3 -0.1 3.1 European Union Manufactured Goods Nonmanufactured Goods 17.8 17.3 0.5 108.4 109.0 124.2 108.6 109.1 125.2 1.5 0.7 28.3 0.5 0.3 3.9 0.3 0.1 5.3 -0.3 -0.3 3.0 0.2 0.1 0.8 4/ Japan 18.5 114.0 113.6 -4.1 0.0 -0.5 -0.4 -0.4 5/ Asian Newly Industrialized Countries 12.5 97.1 96.6 -2.9 -0.3 0.1 -0.3 -0.5 D 1 Regions are not mutually exclusive. 2 Data for September, October and November 1996 have been revised to reflect the availability of late reports and corrections by respondents. DA S O 11 1 1 3 Defined according to the Standard Census Definition. 4 Includes EU 5 Includes Hong Kong, Singapore, South Korea, and Taiwan. N D 1 1DS O N 11 1 1 15 countries Table 8 U.S. International Price Indexes and Percent Changes for Selected Categories of Services. December 1995-December 1996 1990 = 100, unless otherwise noted Index Percent Change Dec. 1995 to March 1996 Quarterly March 1996 to June 1996 June 1996 to Sept. 1996 Sept. 1996 to Dec. 1996 109.0 98.1 115.6 -3.8 -3.3 -4.5 -2.8 -5.0 -1.7 -0.8 -1.9 -0.5 0.5 1.8 -0.7 -0.7 1.9 -1.7 97.4 103.8 96.7 97.7 104.1 97.1 -0.4 -1.0 -0.2 -0.5 -1.9 0.3 0.3 0.9 0.0 -0.5 -0.2 -0.9 0.3 0.3 0.4 24233 10075 7271 4492 1264 131.1 133.5 125.5 130.1 165.6 124.1 115.5 121.0 130.1 205.7 5.7 5.3 0.5 2.7 47.9 2.2 1.3 4.2 2.5 0.1 6.2 13.3 1.8 -0.1 2.7 2.9 6.0 -1.7 0.2 15.8 -5.3 -13.5 -3.6 0.0 24.2 22669 13156 5663 2890 125.5 125.8 118.9 131.8 119.7 114.6 118.8 132.0 3.8 2.7 1.4 3.1 -0.7 -1.6 -0.3 1.7 7.0 10.3 4.5 -0.1 2.4 3.9 -2.7 1.3 -4.6 -8.9 -0.1 0.2 Sept. 1996 Dec. 1996 Air Freight (Inbound) (9/90 = 100) Atlantic (9/90 = 100) Pacific (9/90 = 100) 3308 1025 2028 109.8 96.3 117.6 Air Freight (Outbound) (9/92 = 100) Atlantic (9/92 = 100) Pacific (9/92 = 100) 2694 920 1224 Air Passenger Fares (U.S. Carrier) Atlantic Pacific Latin American / Caribbean Canadian Air Passenger Fares (Foreign Carrier) Atlantic Pacific Latin American / Caribbean Description 1/ 1/ 1/ Annual Dec. 1995 to Dec. 1996 Trade (Mil. of Dollars) Crude Oil Tanker Freight (Inbound) Atlantic Gulf 2153 572 1455 112.9 117.3 103.4 122.2 116.1 116.6 -8.5 7.0 -14.4 -3.2 13.2 -9.0 -1.9 -2.5 -4.8 -11.0 -2.0 -12.4 8.2 -1.0 12.8 Ocean Liner Freight (Inbound) U.S. East Coast from Atlantic from Pacific U.S. West Coast from Pacific 8065 3769 1889 1154 4296 3943 109.5 115.9 121.9 108.2 104.0 105.2 110.0 117.0 122.3 108.4 103.9 105.0 -2.7 0.4 1.9 -4.7 -5.6 -6.3 0.4 1.1 4.7 -4.1 -0.3 -0.5 -1.9 -0.9 -1.6 -0.6 -2.9 -3.1 -1.6 -0.7 -1.4 -0.2 -2.4 -2.5 0.5 0.9 0.3 0.2 -0.1 -0.2 1 Detailed data available upon request. Table 9 U.S. Import and Export Price Indexes and Percent Changes for Selected Categories of Services. December 1995-December 1996 1990 = 100, unless otherwise noted Index Percent Change Annual Dec. 1995 to Dec. 1996 Dec. 1995 to March 1996 Quarterly March 1996 to June 1996 June 1996 to Sept. 1996 Sept. 1996 to Dec. 1996 114.3 98.1 128.9 -4.3 -3.1 -5.4 -1.2 -2.3 -0.7 -1.4 -2.5 -0.9 -0.3 2.1 -1.4 -1.6 -0.3 -2.4 122.1 122.0 111.1 134.1 118.6 113.5 119.5 134.2 2.1 0.9 2.2 3.7 -0.8 -1.6 -1.0 2.2 7.5 10.5 5.8 0.1 -1.5 -0.2 -9.2 1.4 -2.9 -7.0 7.6 0.1 1985 534 1328 114.7 120.5 104.8 123.9 118.7 118.4 -14.4 5.0 -21.5 -9.4 13.3 -17.3 -1.4 -0.5 -5.1 -11.3 -5.3 -11.5 8.0 -1.5 13.0 6017 2832 110.1 117.8 109.8 117.9 -2.6 0.2 0.9 1.2 -1.9 -1.0 -1.3 -0.1 -0.3 0.1 Trade (Mil. of Dollars) Sept. 1996 Dec. 1996 Air Freight (9/90 = 100) Atlantic (9/90 = 100) Pacific (9/90 = 100) 2001 738 1102 116.1 98.4 132.1 Air Passenger Fares Atlantic Pacific Latin American / Caribbean 10450 6577 2051 1678 Crude Oil Tanker Freight Atlantic Gulf Ocean Liner Freight U.S. East Coast Description IMPORT from Atlantic from Pacific U.S. West Coast from Pacific 1336 1094 3185 2840 126.4 112.4 103.4 104.9 126.3 112.6 102.7 104.0 3.0 -3.5 -5.3 -6.1 5.2 -3.3 0.6 0.3 -2.2 -0.2 -2.8 -3.1 0.2 -0.2 -2.5 -2.5 -0.1 0.2 -0.7 -0.9 11867 4159 4679 1775 619 127.9 136.5 120.5 125.3 149.3 123.9 125.8 114.9 126.3 188.6 3.3 7.6 -4.6 -0.2 46.9 1.6 2.0 2.3 -0.8 4.0 1.4 5.8 -2.4 -1.1 4.3 3.6 8.2 0.2 0.9 7.2 -3.1 -7.8 -4.6 0.8 26.3 EXPORT 1/ 1/ Air Passenger Fares Atlantic Pacific Latin American / Caribbean Canadian 1 Detailed data available upon request.