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Technical Information Jim Thomas (202) 606-7155 USDL-97-287 Bill Alterman (202) 606-7108 For release: 10:00 A.M. E.D.T. Media contact: Tuesday, August 19, 1997 Kathryn Hoyle (202) 606-5902 Internet Address: http://stats.bls.gov/ipphome.htm U.S. IMPORT AND EXPORT PRICE INDEXES -JULY 1997The U.S. Import Price Index fell 0.2 percent in July, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. Declines in both imported petroleum prices and nonpetroleum prices contributed to the July decrease. Led by a continued decline in agricultural prices, the U.S. Export Price Index also decreased in July, falling 0.1 percent. Percent changes in import and export price indexes by End Use category - not seasonally adjusted - IMPORTS EXPORTS All Imports Petroleum Imports Nonpetroleum Imports All Exports Agricultural Exports Nonagricultural Exports -0.1 0.1 1.2 0.5 -0.2 0.3 1.9 2.2 7.5 7.1 -0.8 2.0 -0.4 -0.1 0.4 -0.3 -0.1 0.1 -0.5 -0.2 -0.8 -0.2 -0.4 0.0 -1.9 -0.2 -7.3 -2.6 -2.3 -0.9 -0.2 -0.2 0.2 0.0 0.0 0.1 -0.3 -0.9 -1.3 -1.1 0.0 0.0 r -0.2 0.6 -8.1 -8.7 -7.3 r 1.0 r -1.8 r -0.7 -0.4 -0.1 -0.4 -0.5 0.0 r 0.0 r -0.1 0.1 0.2 0.1 -0.7 -0.3 r 0.0 r -0.1 0.1 2.1 1.5 -6.9 -1.1 -1.9 -0.9 0.0 0.0 -0.1 0.1 -0.2 r 0.2 r 0.0 Month 1996 July August September October November December 1997 January February March April May June July July 1995-96 July 1996-97 -0.5 -1.9 14.8 -8.2 -2.0 -1.5 0.1 -2.3 13.7 -19.0 -1.7 0.1 r = revised to reflect late reports and corrections by respondents. Import Goods Import prices declined on average in July, after remaining unchanged in the previous two months. The July decline resumed a downward trend in the index that dates back to the beginning of 1997. For the year ended in July, the index was down 1.9 percent. Both petroleum and nonpetroleum import prices contributed to the July decline, falling 0.7 and 0.1 percent, respectively. Imported petroleum prices fell 23.3 percent over the past six months, and were down 8.2 percent for the July 1996-1997 period. Prices for nonpetroleum imports have either declined or been unchanged over the past seven months and were down 1.5 percent over the past 12 months. Capital goods prices led the decline in nonpetroleum imports, falling 0.4 percent in July. Most of the decline in capital goods prices was attributable to falling prices for imported computers. For the year ended in July, capital goods prices were down 5.6 percent. The price index for imported foods, feeds, and beverages also fell in July, down 1.9 percent. This index was up 2.7 percent over the past 12 months. In contrast, the import price indexes for nonpetroleum industrial supplies and materials and automotive vehicles rose in July, up 0.3 and 0.2 percent, respectively. For the year ended in July, both indexes were up 0.5 percent. Prices for imported consumer goods were unchanged last month and down 0.5 percent over the past 12 months. Export Goods Export prices were largely unchanged for the second month in a row, falling a modest 0.1 percent after recording no change in the previous month. For the year ended in July, export prices were down 2.3 percent. The July decrease was led by agricultural export prices, down 0.9 percent, due primarily to continued declines in grain prices. Prices for agricultural exports fell 10.6 percent over the past four months and 19.0 percent for the year ended in July. In contrast, the price index for nonagricultural exports was unchanged in July after increasing 0.2 percent in June. Nonagricultural export prices have not changed by more than 0.2 percent over the past year and were up just 0.1 percent over the July 1996-1997 period. Prices for both consumer exports and exported automotive vehicles increased 0.2 percent in July after recording little movement the month before. The index for consumer goods was up 0.1 percent in June and 0.9 percent over the past year, while average prices of exported automotive vehicles were unchanged in June and up 1.3 percent for the year ended in July. Exported nonagricultural industrial supplies and materials prices were unchanged in July and up 0.7 percent over the past 12 months. In contrast, the export price index for capital goods, which accounts for about 44 percent of the overall export index, fell 0.1 percent last month. Capital goods prices decreased or were unchanged in each of the last six months and were down 0.7 percent over the year ended in July. Imports by Locality of Origin The price index for imports from Japan was unchanged in July after rising 0.3 percent the month before. (See table 7.) Despite the recent upturn, the index was still down 4.3 percent over the past 12 months. Import prices from Canada fell 0.2 percent on average for the second consecutive month. For the year ended in July, the index was down 0.9 percent. Prices for imports from the European Union fell 0.3 percent last month after increasing in June. The index was down 1.2 percent over the July 1996-1997 period. The price index of imports from the Asian Newly Industrialized Countries dropped 0.6 percent in July. The decline followed similar drops of 0.5 and 0.6 percent in June and May, respectively. Over the past year, the index fell 3.7 percent CONTENTS OF RELEASE This news release includes the following tables: Table 1 Import Price Indexes, by End Use.....page 4 Table 2 Export Price Indexes, by End Use.....page 5 Table 3 Import Price Indexes, by SITC.....pages 6-7 Table 4 Export Price Indexes, by SITC.....pages 8-9 Table 5 Import Price Indexes, by Harmonized System.....pages 10-11 Table 6 Export Price Indexes, by Harmonized System.....pages 12-13 Table 7 Import Price Indexes, by Locality of Origin.....page 14 Table 8 U.S. Import and Export Price Indexes for Services.....page 15 Table 9 U.S. International Price Indexes for Services.....page 16 ----------------------------------------------------------------------Import and Export Price Index data for August are scheduled for release on September 17 at 10:00 a.m. (EDT). Table 1 END USE U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods, July 1996-July 1997 1995=100, unless otherwise noted Index Percent Change Relative ImportAnnual Monthly ance July March April Description 1996 1997 1997 June June July to to to 1997 1997 1997 July April May 1/ 2/ 1997 1997 1997 ALL COMMODITIES ALL IMPORTS EXCLUDING PETROLEUM 0 00 01 1 10 May 1997 to June 1997 June 1997 to July 1997 100.000 91.694 98.3 97.3 98.1 97.2 -1.9 -1.5 -1.1 -0.5 0.0 0.0 0.0 0.0 -0.2 -0.1 4.848 101.7 99.8 2.7 -1.8 1.9 0.2 -1.9 Agricultural foods, feeds & beverages, excluding distilled beverages 3.510 101.1 98.0 0.9 -2.8 2.3 -0.2 -3.1 Nonagricultural foods (fish, distilled beverages) 1.338 103.1 104.3 7.3 0.8 0.9 1.3 1.2 26.810 100.4 100.5 -2.0 -2.9 0.6 -0.6 0.1 18.504 98.0 98.3 0.5 -0.9 0.5 0.0 0.3 9.892 100.2 100.0 2.5 -0.2 0.4 0.3 -0.2 8.612 95.5 96.2 -1.9 -1.5 0.4 -0.2 0.7 9.382 105.0 105.3 -6.8 -7.4 0.9 -1.6 0.3 FOODS, FEEDS, & BEVERAGES INDUSTRIAL SUPPLIES & MATERIALS INDUSTRIAL SUPPLIES & MATERIALS EXCLUDING PETROLEUM INDUSTRIAL SUPPLIES & MATERIALS, DURABLE INDUSTRIAL SUPPLIES & MATERIALS, NONDURABLE EXCLUDING PETROLEUM Fuels & lubricants 100 Petroleum & petroleum products 10000 Crude 8.306 104.6 103.9 -8.2 -7.3 1.0 -1.8 -0.7 6.549 103.8 103.8 -9.3 -7.8 2.1 -2.9 0.0 11 Paper & paper base stocks 1.771 81.9 82.3 -8.9 0.4 2.4 -0.1 0.5 12 Materials associated with nondurable supplies & materials 5.972 95.8 95.6 -2.1 -0.8 0.2 -0.5 -0.2 13 Selected building materials 2.181 112.3 112.8 6.4 -0.9 1.0 -2.2 0.4 14 Unfinished metals associated with durable goods 4.582 98.0 97.4 3.9 0.3 0.4 1.9 -0.6 Finished metals associated with durable goods 1.440 96.6 96.5 -2.5 -0.2 0.0 -0.4 -0.1 Nonmetals associated with durable goods 1.482 96.0 96.3 -1.5 -0.7 -0.2 0.2 0.3 28.740 92.1 91.7 -5.6 -1.0 -0.6 0.1 -0.4 3.331 97.1 97.1 -2.1 0.0 -0.4 -0.1 0.0 23.735 90.1 89.6 -6.9 -1.1 -0.8 0.1 -0.6 15 16 2 CAPITAL GOODS 20 Electric & electrical generating equipment 21 Nonelectrical machinery 3 AUTOMOTIVE VEHICLES, PARTS & ENGINES 17.607 100.8 101.0 0.5 -0.2 -0.3 0.5 0.2 4 CONSUMER GOODS, EXCLUDING AUTOMOTIVES 21.995 99.7 99.7 -0.5 0.0 0.2 -0.1 0.0 40 Nondurables, manufactured 10.852 101.2 101.2 0.6 0.3 0.5 -0.1 0.0 41 Durables, manufactured 10.073 98.1 98.2 -1.7 -0.1 -0.4 0.1 0.1 42 Nonmanufactured consumer goods 1.069 98.9 100.0 1.5 -1.5 3.8 -3.7 1.1 1 2 Relative importance figures are based on 1995 trade values. Data for April, May and June 1997 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: Published categories may include price data not shown separately n.a. Not available Table 2 END USE U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods, July 1996-July 1997 1995=100, unless otherwise noted Index Percent Change Relative ImportAnnual Monthly ance July March April Description 1996 1997 1997 June June July to to to 1997 1997 1997 July April May 1/ 2/ 1997 1997 1997 ALL COMMODITIES AGRICULTURAL COMMODITIES NONAGRICULTURAL COMMODITIES 0 00 01 1 10 98.7 94.9 99.1 98.6 94.0 99.1 -2.3 -19.0 0.1 -0.7 -6.9 0.1 -0.3 -1.1 -0.2 0.0 -1.9 0.2 -0.1 -0.9 0.0 8.936 95.2 94.3 -21.2 -7.5 -1.1 -1.9 -0.9 Agricultural foods, feeds & beverages, excluding distilled beverages 8.242 96.0 95.0 -22.6 -8.0 -1.0 -2.0 -1.0 Nonagricultural foods (fish, distilled beverages) 0.694 87.6 87.9 -6.7 -1.4 -1.6 -0.5 0.3 25.523 95.5 95.5 0.7 0.0 -0.1 0.3 0.0 9.944 96.5 96.5 0.7 -0.1 -0.1 0.4 0.0 15.578 94.8 94.9 0.7 -0.1 0.0 0.1 0.1 1.756 91.6 91.7 -0.2 -1.9 -1.6 -1.1 0.1 23.766 95.8 95.8 0.7 0.1 0.0 0.4 0.0 2.431 110.0 109.7 0.9 -0.5 -0.2 0.0 -0.3 19.751 93.3 93.4 0.3 0.3 0.0 0.5 0.1 1.584 95.4 95.4 0.6 -1.6 -0.1 0.0 0.0 44.120 100.1 100.0 -0.7 -0.1 -0.2 0.0 -0.1 FOODS, FEEDS, & BEVERAGES INDUSTRIAL SUPPLIES & MATERIALS INDUSTRIAL SUPPLIES & MATERIALS, DURABLE INDUSTRIAL SUPPLIES & MATERIALS, NONDURABLE Agricultural industrial supplies & materials 11 Fuels & lubricants 12 Nonagricultural supplies & materials excluding fuels & building materials 2 June 1997 to July 1997 100.000 9.998 90.002 NONAGRICULTURAL INDUSTRIAL SUPPLIES & MATERIALS 13 May 1997 to June 1997 Selected building materials CAPITAL GOODS 20 Electric & electrical generating Equipment 21 Nonelectrical machinery 4.389 101.1 101.2 0.3 0.2 -0.1 0.5 0.1 34.364 97.6 97.4 -1.9 -0.1 -0.3 -0.3 -0.2 3 AUTOMOTIVE VEHICLES, PARTS & ENGINES 9.649 102.1 102.3 1.3 0.3 -0.1 0.0 0.2 4 CONSUMER GOODS, EXCLUDING AUTOMOTIVES 11.773 102.0 102.2 0.9 0.1 0.1 0.1 0.2 40 Nondurables, manufactured 6.192 101.5 101.8 0.4 -0.3 0.1 0.3 0.3 41 Durables, manufactured 5.040 101.9 102.0 1.0 0.6 0.1 -0.2 0.1 1 2 Relative importance figures are based on 1995 trade values. Data for April, May and June 1997 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 05 07 Not available Published categories may include price data not shown separately U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods, July 1996-July 1997 1995=100, unless otherwise noted Index Percent Change Relative ImportAnnual Monthly ance July March April Description 1996 1997 1997 June June July to to to 1997 1997 1997 July April May 1/ 2/ 1997 1997 1997 ALL COMMODITIES 0 01 03 n.a. FOOD AND LIVE ANIMALS Meat and meat preparations Fish, crustaceans, aquatic invertebrates and preparations thereof Vegetables and fruit, prepared fresh or dried Coffee, tea, cocoa, spices and manufactures thereof May 1997 to June 1997 June 1997 to July 1997 100.000 98.3 98.1 -1.9 -1.1 0.0 0.0 -0.2 4.150 0.348 102.6 101.9 100.3 101.9 6.6 12.0 -2.3 1.2 4.1 -1.1 -1.0 -1.5 -2.2 0.0 1.016 103.6 104.5 9.3 0.7 1.7 1.5 0.9 1.021 97.6 100.7 1.0 -8.6 5.2 -8.6 3.2 0.824 118.4 99.5 21.8 -0.5 9.9 9.8 -16.0 3/ Other food and live animals (9612=100) 1 11 2 23 24 25 28 29 3 33 34 5 51 52 53 54 55 57 58 59 6 62 63 64 65 66 67 68 BEVERAGES AND TOBACCO Beverages CRUDE MATERIALS, INEDIBLE, EXCEPT FUELS Crude rubber (including synthetic and reclaimed) Cork and wood Pulp and waste paper Metalliferous ores and metal scrap Crude animal and vegetable materials, n.e.s. (9612=100) 3/ Other crude materials, inedible, except fuels (9612=100) 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 Medicinal and pharmaceutical products Essential oils; polishing and cleansing preps Plastics in primary forms Plastics in nonprimary forms 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 Paper, paperboard, and articles of paper pulp, paper or paper board Textile yarn, fabrics, made-up articles, n.e.s., and related product Nonmetallic mineral manufactures, n.e.s. Iron and steel Nonferrous metals 0.940 100.4 99.9 n.a. 0.1 3.1 -2.5 -0.5 0.838 0.704 107.5 104.0 107.7 104.2 3.5 2.7 0.3 0.3 -0.2 -0.1 0.5 0.5 0.2 0.2 2.990 97.2 97.3 4.8 -1.4 2.2 -2.5 0.1 0.278 1.112 0.364 0.643 83.9 122.5 65.8 105.5 78.2 123.3 66.6 103.7 -11.9 10.8 0.8 8.2 -4.0 -1.0 -1.7 2.9 -3.2 1.6 0.9 -0.4 2.2 -3.5 2.2 -0.1 -6.8 0.7 1.2 -1.7 0.246 95.9 103.9 n.a. -10.4 24.2 -18.1 8.3 0.347 97.2 97.7 n.a. -0.2 -1.5 1.2 0.5 9.062 104.6 105.3 -6.4 -7.6 1.0 -1.7 0.7 7.899 1.042 104.1 113.3 103.9 121.2 -8.1 12.5 -7.3 -9.7 1.4 -1.5 -2.1 1.2 -0.2 7.0 5.561 1.581 0.671 0.289 0.904 96.4 95.9 98.7 97.9 96.3 96.4 96.2 98.5 97.5 96.5 -2.4 -2.9 -1.9 -4.1 -2.9 -1.2 -3.3 -0.4 0.2 0.0 -0.1 0.0 -0.3 0.0 -0.6 -0.1 -0.6 -2.1 0.8 0.9 0.0 0.3 -0.2 -0.4 0.2 0.318 0.363 0.559 0.654 97.0 91.6 88.6 103.5 96.8 91.6 89.6 103.1 -3.9 -4.5 3.6 -3.4 0.6 -2.2 0.1 -0.4 -0.1 1.5 -0.5 0.0 -1.7 0.8 3.3 -0.7 -0.2 0.0 1.1 -0.4 12.545 0.731 96.8 97.6 96.7 97.7 -1.4 -1.9 -0.1 0.1 0.5 -0.1 0.4 0.2 -0.1 0.1 0.555 99.0 99.2 n.a. 0.5 -0.2 -0.5 0.2 1.580 87.5 87.7 -11.1 0.7 2.7 -0.5 0.2 1.416 100.5 100.2 -0.3 0.2 -0.4 0.2 -0.3 2.132 2.031 1.960 102.6 96.3 95.3 103.0 96.5 94.1 1.5 -0.8 5.1 -0.4 0.4 -0.5 0.4 -0.1 1.3 -0.6 -0.2 3.8 0.4 0.2 -1.3 69 Manufactures of metals, n.e.s. 7 71 72 73 74 75 76 77 78 8 81 82 83 84 85 87 88 89 1 2 3 1.973 98.9 98.6 -2.3 -0.5 -0.1 0.0 -0.3 MACHINERY AND TRANSPORT EQUIPMENT Power generating machinery and equipment (9612=100) 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 46.958 95.7 95.4 -3.1 -0.5 -0.5 0.2 -0.3 2.969 99.2 99.3 n.a. 0.0 -0.3 0.0 0.1 2.683 0.821 99.3 98.3 99.4 98.0 -1.4 -3.1 -0.5 0.1 -0.3 0.1 0.4 0.3 0.1 -0.3 3.427 7.289 98.4 81.2 98.3 79.8 -2.4 -12.7 -0.4 -1.4 -0.1 -1.6 0.4 -0.9 -0.1 -1.7 4.567 9.662 14.498 93.4 90.2 100.8 93.2 90.1 101.0 -3.9 -5.2 0.4 -0.7 -0.8 -0.2 -0.6 -0.3 -0.2 0.3 0.4 0.4 -0.2 -0.1 0.2 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. 17.435 100.4 100.5 0.0 0.2 0.2 -0.1 0.1 0.383 1.257 96.2 102.9 96.1 103.2 -4.9 2.2 0.1 1.1 -0.2 -0.2 0.3 -0.4 -0.1 0.3 0.502 101.2 101.3 -0.4 -0.1 -0.2 0.1 0.1 5.825 1.762 103.1 101.1 103.1 101.3 1.8 0.9 0.8 0.0 0.9 -0.1 -0.3 0.2 0.0 0.2 1.586 97.1 97.3 -2.5 -0.4 -0.4 0.5 0.2 1.342 94.4 95.0 -2.2 0.3 -1.3 0.0 0.6 4.778 99.6 99.6 -1.2 -0.1 0.0 -0.1 0.0 Relative importance figures are based on 1995 trade values. Data for April, May and June 1997 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 n.a. Not available. Table 4 SITC Rev. 3 U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods, July 1996-July 1997 1995=100, unless otherwise noted Index Percent Change Relative ImportAnnual Monthly ance July March April Description 1996 1997 1997 June June July to to to 1997 1997 1997 July April May 1/ 2/ 1997 1997 1997 ALL COMMODITIES 0 01 03 04 05 08 09 1 12 2 21 22 24 25 26 27 28 3 32 33 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) Miscellaneous edible products and preparations 3/ Other food and live animals (9612=100) BEVERAGES ANB TOBACCO Tobacco and tobacco manufactures CRUDE MATERIALS, INEDIBLE, EXCEPT FUELS Hides, skins and furskins, raw Oil seeds and oleaginous fruits Cork and wood Pulp and waste paper Textile fibers and their waste Crude fertilizers and crude minerals Metalliferous ores and metal scrap 3/ Other crude materials, inedible, except fuels (9612=100) MINERAL FUELS, LUBRICANTS AND RELATED MATERIALS Coal, coke and briquettes Petroleum, petroleum products and May 1997 to June 1997 June 1997 to July 1997 100.000 98.7 98.6 -2.3 -0.7 -0.3 0.0 -0.1 7.247 1.137 93.3 95.3 92.7 95.7 -22.5 -3.1 -6.0 0.3 -1.6 -1.0 -2.4 -0.4 -0.6 0.4 0.518 2.324 85.3 78.6 85.2 77.3 -8.3 -44.9 -1.8 -15.1 -1.8 -4.7 -0.7 -7.4 -0.1 -1.7 1.443 101.7 103.6 -1.6 -1.1 0.6 1.0 1.9 0.890 127.2 120.3 1.3 0.6 1.2 -0.3 -5.4 0.384 0.550 103.5 103.6 103.6 105.8 n.a. n.a. 0.0 0.2 0.4 -0.3 -0.2 0.8 0.1 2.1 1.501 1.239 100.8 100.9 101.2 101.3 0.6 n.a. 0.0 -0.1 0.2 0.4 0.4 0.5 0.4 0.4 5.777 0.329 1.191 0.978 0.758 0.826 0.334 0.946 89.3 100.8 109.7 94.0 65.8 83.4 97.8 91.7 89.4 96.3 105.3 93.8 69.0 84.2 97.9 94.7 0.1 0.5 -19.3 -0.2 18.2 -2.0 0.9 11.7 -5.0 -1.6 -17.9 -1.9 0.5 -2.0 0.0 -0.3 0.3 -3.3 1.4 0.0 2.7 -0.2 0.4 0.2 0.6 -8.4 -1.0 -0.2 8.8 0.1 0.5 2.3 0.1 -4.5 -4.0 -0.2 4.9 1.0 0.1 3.3 0.415 98.6 98.1 n.a. -1.6 -0.8 -1.6 -0.5 2.139 0.692 110.9 102.0 110.5 101.8 1.5 -0.7 -0.6 0.3 0.0 -0.1 0.2 -0.4 -0.4 -0.2 related materials 4 5 51 52 53 54 55 56 57 58 59 6 62 63 64 65 66 67 68 69 7 71 72 73 74 75 76 77 78 ANIMAL AND VEGETABLE OILS, FATS AND WAXES CHEMICALS AND RELATED PRODUCTS, N.E.S. Organic chemicals Inorganic chemicals Dyeing, tanning and coloring materials Medicinal and pharmaceutical products Essential oils; polishing and cleansing preps Fertilizers (9612=100) Plastics in primary forms Plastics in nonprimary forms 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 Paper, paperboard, and articles of paper pulp, paper or paperboard Textile yarn, fabrics, made-up articles, n.e.s., and related product Nonmetallic mineral manufactures, n.e.s. Iron and steel 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 1.301 119.4 119.1 4.9 0.3 0.1 -0.5 -0.3 0.444 94.7 93.3 -0.5 -3.2 0.2 1.2 -1.5 10.900 2.562 0.833 0.492 1.225 96.5 84.9 99.4 102.0 101.6 96.3 85.0 99.8 102.1 101.2 -1.0 -3.3 -2.3 1.4 -0.5 -0.2 -1.2 0.3 -0.4 0.7 0.1 0.2 0.2 -0.4 -0.1 -0.2 -0.5 -0.4 0.4 0.1 -0.2 0.1 0.4 0.1 -0.4 0.753 0.564 1.889 0.825 1.757 102.9 96.2 97.1 99.1 104.0 103.1 97.0 95.9 99.1 103.6 2.4 n.a. -0.4 -1.4 0.6 0.0 -2.0 0.0 -0.2 0.5 0.6 0.4 -0.2 0.9 0.3 0.1 1.6 -0.5 -0.3 -0.3 0.2 0.8 -1.2 0.0 -0.4 9.667 0.671 98.2 103.2 98.3 103.1 1.1 0.4 0.3 0.3 -0.1 0.1 0.5 0.1 0.1 -0.1 0.288 90.8 91.4 1.1 -2.2 -0.8 0.9 0.7 1.500 83.5 84.7 -3.0 -1.0 0.7 0.7 1.4 1.405 103.2 102.5 n.a. 2.0 -0.6 0.1 -0.7 1.290 1.099 1.291 1.966 104.3 102.8 93.2 104.4 104.5 102.9 92.5 104.3 2.7 n.a. 2.4 3.5 0.0 -0.2 0.3 0.8 0.1 -0.2 -0.3 -0.4 0.2 -0.2 1.6 0.8 0.2 0.1 -0.8 -0.1 50.337 100.6 100.5 -0.1 0.1 -0.2 0.2 -0.1 4.243 106.4 106.4 2.2 0.7 0.2 -0.1 0.0 4.627 0.943 104.2 104.4 104.1 104.6 1.2 2.2 0.1 -0.2 0.5 -0.7 -0.1 0.5 -0.1 0.2 4.941 6.617 104.5 84.5 104.5 83.9 1.9 -9.0 0.5 -0.5 -0.2 -1.4 0.1 -0.7 0.0 -0.7 3.779 11.829 9.004 99.6 96.6 101.8 99.6 96.6 102.0 -1.4 -1.5 1.1 0.0 0.2 0.1 -0.3 -0.1 -0.2 0.0 -0.2 0.1 0.0 0.0 0.2 8 82 84 87 MISCELLANEOUS MANUFACTURED ARTICLES Furniture and parts thereof Articles of apparel and clothing accessories 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. 3/ Other miscellaneous manufactured articles (9612=100) 88 89 1 2 3 Harmonized System I 02 03 101.7 103.6 101.7 103.5 0.9 1.6 -0.1 0.0 0.2 1.2 0.1 -0.2 0.0 -0.1 1.242 101.3 102.4 n.a. 0.0 0.0 -0.1 1.1 3.674 103.4 103.6 2.1 -0.7 0.2 0.1 0.2 0.942 99.0 99.7 n.a. -0.9 0.7 0.8 0.7 4.213 100.6 100.0 -0.7 0.4 0.1 0.0 -0.6 0.452 100.9 100.9 n.a. 0.1 0.1 0.0 0.0 Relative importance figures are based on 1995 trade values. Data for April, May and June 1997 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 5 11.151 0.628 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, July 1996-July 1997 1995=100, unless otherwise noted Index Percent Change Relative ImportAnnual Monthly ance July March April Description 1996 1997 1997 June June July to to to 1997 1997 1997 July April May 1/ 2/ 1997 1997 1997 LIVE ANIMALS; ANIMAL PRODUCTS Meat and edible meat offal Fish and crustaceans, molluscs and other aquatic invertebrates 3/ Other live animals and animal May 1997 to June 1997 June 1997 to July 1997 1.543 0.266 101.2 96.1 102.2 97.6 9.2 9.7 0.6 1.1 2.4 -1.7 -1.4 -2.2 1.0 1.6 0.888 103.8 104.5 9.8 0.6 2.2 0.7 0.7 products (9612=100) II 07 3/ VEGETABLE PRODUCTS Edible vegetables and certain roots and tubers Edible fruit and nuts; peel of citrus fruit or melons Coffee, tea, mate and spices Other vegetable products 3/ PREPARED FOODSTUFFS, BEVERAGES, AND TOBACCO Preparations of vegetables, fruit, nuts, or other parts of plants Beverages, spirits, and vinegar Other prepared foodstuffs (9612=100) 08 09 IV 20 22 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 38 3/ VII 39 40 VIII 42 IX 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 Miscellaneaous chemical products (9612=100) Other products of the chemical or allied industries (9612=100) 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 WOOD, WOOD CHARCOAL, CORK, STRAW, BASKET 0.389 101.5 102.7 n.a. 0.4 5.7 -5.1 1.2 1.594 93.5 92.1 5.6 -6.7 8.2 -5.4 -1.5 0.238 n.a. n.a. n.a. -21.6 21.2 n.a. n.a. 0.453 0.502 0.401 101.8 104.5 93.4 100.9 91.9 94.2 1.6 18.4 -0.5 -2.3 -1.9 -4.8 -0.6 10.5 7.3 -2.0 7.5 -8.2 -0.9 -12.1 0.9 2.053 101.7 102.2 -1.0 0.5 0.1 0.3 0.5 0.274 0.732 1.047 92.3 103.1 101.0 92.0 103.2 101.9 -17.7 1.5 n.a. -2.9 0.4 1.7 0.2 -0.3 0.2 -1.0 0.1 0.9 -0.3 0.1 0.9 9.649 0.295 104.4 103.6 104.9 102.0 -6.4 4.5 -7.3 3.9 1.0 0.0 -1.6 -0.2 0.5 -1.5 9.125 104.4 105.0 -7.1 -7.8 1.0 -1.6 0.6 5.215 0.852 1.996 0.552 99.5 103.9 96.3 102.6 99.2 103.3 96.2 103.2 -1.9 1.4 -3.7 1.5 -0.8 0.0 -2.8 0.6 -0.1 -0.4 0.1 0.1 -0.5 -1.1 -0.2 0.8 -0.3 -0.6 -0.1 0.6 0.291 0.356 97.4 99.3 96.9 99.5 -4.2 1.2 0.3 1.8 -0.1 -0.3 1.5 -1.1 -0.5 0.2 0.413 98.5 98.4 n.a. 0.3 -0.5 -0.1 -0.1 0.756 97.6 96.3 n.a. 0.4 -0.5 -2.1 -1.3 2.825 1.739 1.086 93.8 95.6 91.1 93.2 95.8 89.4 -2.0 0.6 -5.9 -0.7 -0.6 -1.1 -0.2 0.2 -1.1 0.9 1.2 0.6 -0.6 0.2 -1.9 0.999 103.5 103.7 1.1 -0.4 0.6 -0.5 0.2 0.807 102.0 101.9 0.4 0.1 0.2 0.3 -0.1 AND WICKER X 48 49 XI 61 62 63 3/ 64 112.3 5.1 -1.0 1.2 -2.7 0.4 2.315 84.2 84.6 -6.8 0.1 1.9 -0.2 0.5 0.364 66.6 67.3 0.6 -2.0 1.1 2.0 1.1 1.597 0.354 88.5 101.1 88.6 101.8 -10.1 1.2 0.7 -0.2 2.3 1.1 -0.4 -0.7 0.1 0.7 6.887 102.2 102.2 1.5 0.7 0.9 -0.4 0.0 2.016 101.2 100.8 -1.0 0.7 -0.2 -0.1 -0.4 3.335 104.9 105.3 4.1 1.0 2.1 -0.7 0.4 0.339 97.4 97.5 -2.8 -0.3 -1.2 0.5 0.1 1.197 100.6 100.3 n.a. 0.2 -0.2 -0.3 -0.3 2.058 101.3 101.4 0.9 0.1 0.0 0.2 0.1 1.772 100.9 101.1 0.7 0.0 -0.1 0.2 0.2 0.286 101.6 101.5 n.a. 1.1 0.2 0.1 -0.1 STONE, PLASTER, CEMENT, ASBESTOS,CERAMIC GLASS ETC. Ceramic products Glass and glassware 1.137 0.429 0.444 102.5 99.3 103.4 102.9 99.6 103.5 0.2 n.a. 0.3 -0.4 -0.8 1.0 0.2 -0.4 -0.2 -1.0 -1.3 -1.1 0.4 0.3 0.1 PEARLS, STONES, PRECIOUS METALS, IMITATION JEWELRY, AND COINS 2.173 98.3 98.6 -0.4 -0.1 0.4 0.6 0.3 5.899 1.743 1.281 0.466 0.981 0.411 96.2 95.5 97.4 87.0 94.6 102.1 95.3 95.5 97.1 87.7 92.2 102.0 0.0 -0.8 -3.7 9.4 1.1 0.1 0.0 0.3 -0.4 0.7 -1.0 0.7 0.3 -0.1 -0.1 -1.6 0.5 -0.1 0.7 0.0 -0.8 3.0 1.8 -1.1 -0.9 0.0 -0.3 0.8 -2.5 -0.1 0.573 115.4 110.0 n.a. 2.6 3.8 3.5 -4.7 30.791 92.0 91.5 -5.5 -1.1 -0.5 0.1 -0.5 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 Other textile & textile articles (9612=100) FOOTWEAR, HEADGEAR, UMBRELLAS, WHIPS, ARTIFICIAL FLOWERS, ETC. Footwear, gaiters and the like; parts of such articles 3/ Other footwear, headgear, umbrellas, whips, art. flowers, etc. (9612=100) XIII 69 70 XIV XV 72 73 74 76 83 3/ XVI 111.8 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 matter 47 XII 1.708 BASE METALS AND ARTICLES OF BASE METAL Iron and steel Articles of iron or steel Copper and articles thereof Aluminum and articles thereof Miscellaneous articles of base metal Miscellaneous nonferrous metals and articles, including scrap (9612=100) MACHINERY, ELECTRICAL EQUIPMENT, TV IMAGE & SOUND RECORDERS, PARTS, ETC. 84 Specialized machinery & computer equipment Electrical machinery and equip, sound and TV recorders & reproducers, parts 85 XVII VEHICLES, AIRCRAFT, VESSELS AND ASSOCIATED TRANSPORT EQUIPMENT Motor vehicles and their parts 87 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 93.1 92.5 -5.2 -1.2 -0.6 -0.1 -0.6 14.619 90.7 90.3 -5.8 -1.0 -0.6 0.4 -0.4 15.685 14.820 101.0 100.8 101.2 100.9 0.4 0.2 -0.2 -0.1 -0.2 -0.3 0.4 0.5 0.2 0.1 3.528 94.3 94.3 -3.9 -0.3 -0.7 0.3 0.0 3.014 0.373 94.2 94.4 94.1 95.3 -4.0 -3.0 -0.3 -0.2 -0.8 -0.6 0.3 0.3 -0.1 1.0 3.686 99.9 100.2 -0.3 0.5 -0.3 0.0 0.3 1.586 100.3 100.5 0.7 0.8 -0.2 -0.1 0.2 1.815 0.285 100.5 94.6 100.8 94.8 -1.0 -1.3 0.1 1.1 -0.1 -1.7 -0.2 1.4 0.3 0.2 Relative importance figures are based on 1995 trade values. Data for April, May and June 1997 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 16.172 n.a. Not available Published categories may include price data not shown separately U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods, July 1996-July 1997 1995=100, unless otherwise noted Index Percent Change Relative ImportAnnual Monthly ance July March April Description 1996 1997 1997 June June July to to to 1997 1997 1997 July April May May 1997 to June June 1997 to July 1/ I 02 03 LIVE ANIMALS; ANIMAL PRODUCTS Meat & edible meat offal Fish and crustaceans, molluscs and other aquatic invertebrates 3/ Other live animals and animal products (9612=100) 2/ 1997 1997 1997 1997 1997 1.874 1.058 93.9 93.2 94.5 93.5 -3.9 -4.2 -0.4 0.4 -1.0 -1.2 -0.6 -0.4 0.6 0.3 0.462 83.6 84.1 -9.5 -2.0 -1.1 -0.9 0.6 0.354 97.2 98.9 n.a. -0.7 -0.9 -1.3 1.7 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 4.799 89.8 88.7 -32.5 -12.7 -1.9 -3.6 -1.2 0.292 92.6 97.9 -2.5 -4.7 1.0 -3.1 5.7 0.744 2.093 101.6 76.2 104.7 74.9 0.0 -48.2 -0.2 -16.3 0.6 -5.3 3.1 -8.1 3.1 -1.7 1.372 109.8 105.2 -17.7 -15.7 0.9 -1.3 -4.2 III ANIMAL OR VEGETABLE FATS AND OILS 0.477 94.7 93.6 -1.5 -2.8 0.3 1.0 -1.2 IV PREPARED FOODSTUFFS, BEVERAGES, AND TOBACCO Preparations of vegetables, fruit, nuts, or other parts of plants Miscellaneous edible preparations Beverages, spirits, and vinegar Residues and waste from the food industries; prepared animal feed Tobacco and manufactured tobacco substitutes Other prepared foods 3.610 105.6 104.3 -0.5 0.1 0.0 0.0 -1.2 0.382 0.357 0.329 107.1 104.3 99.4 103.8 104.4 99.4 -2.8 1.4 n.a. -0.2 0.0 0.1 -1.9 0.4 -0.5 -0.1 -0.2 -0.1 -3.1 0.1 0.0 0.797 123.0 117.1 -1.5 0.5 0.6 -0.9 -4.8 1.247 0.499 100.9 100.5 101.3 100.8 n.a. n.a. -0.1 0.5 0.4 -0.5 0.5 0.3 0.4 0.3 2.766 109.0 110.1 4.8 -0.5 0.0 0.4 1.0 2.210 112.7 112.4 2.2 -0.6 0.1 -0.1 -0.3 8.843 0.923 2.886 0.881 0.627 97.1 101.5 88.6 100.7 96.2 97.2 101.7 88.7 100.4 97.0 -0.8 -1.2 -2.6 -0.5 n.a. -0.3 0.5 -0.7 0.1 -2.0 0.2 0.3 0.2 -0.1 0.4 -0.1 -0.5 -0.4 0.0 1.6 0.1 0.2 0.1 -0.3 0.8 0.501 101.6 101.8 1.1 -0.5 -0.5 0.4 0.2 II 07 08 10 12 20 21 22 23 24 3/ V 27 VI 28 29 30 31 32 33 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 Fertilizers (9612=100) Tanning or dyeing extracts; dyes and pigments; paints & varnish; putty;ink Essential oils and resinoids; 34 37 38 VII 39 40 VIII 41 IX X 47 48 49 XI 52 XIII 70 XIV XV 72 73 74 76 82 83 perfumery, cosmetic or toilet Soap; lubricants; waxes, polishing or scouring products; candles, pastes Photographic or cinematographic goods Miscellaneous chemical products 0.531 103.6 103.8 3.3 0.0 0.7 0.1 0.2 0.308 0.430 1.534 101.3 95.8 103.7 101.5 97.2 103.2 0.8 0.4 -0.1 0.1 -2.0 0.3 0.3 -0.3 0.2 0.0 1.4 -0.3 0.2 1.5 -0.5 4.387 3.486 0.901 98.4 98.0 99.7 97.9 97.4 99.7 -0.6 -0.8 0.1 -0.2 -0.1 -0.6 0.1 0.1 -0.1 -0.2 -0.1 -0.5 -0.5 -0.6 0.0 0.556 95.6 93.8 0.0 -0.9 -1.4 -6.8 -1.9 0.407 94.2 91.7 5.5 -1.1 -2.3 -5.5 -2.7 1.291 93.9 93.8 0.3 -1.9 -0.2 0.0 -0.1 2.939 77.7 79.1 0.9 -0.8 1.5 2.5 1.8 0.693 62.5 65.4 9.7 0.0 2.1 8.5 4.6 1.457 0.789 83.4 106.6 84.7 106.5 -3.4 2.7 -1.8 0.6 1.0 1.6 0.8 0.9 1.6 -0.1 3.230 93.5 93.7 -0.5 0.3 -0.3 0.1 0.2 0.711 83.0 84.0 -1.9 -1.5 -0.2 0.0 1.2 STONE, PLASTER, CEMENT, ASBESTOS, CERAMIC, GLASS ETC. Glass and glassware 0.847 0.485 103.3 101.2 103.6 101.2 n.a. n.a. 0.1 0.1 0.0 -0.1 0.1 0.2 0.3 0.0 PEARLS, STONES, PRECIOUS METALS, IMITATION JEWELRY, AND COINS 1.894 98.1 98.5 -1.5 1.0 -1.2 1.6 0.4 4.646 0.980 1.234 0.457 0.883 97.1 94.7 106.4 87.9 89.4 96.9 95.1 106.4 86.8 88.9 2.1 -1.6 5.2 6.0 1.8 0.5 0.5 0.5 0.8 0.1 -0.5 -1.1 -0.3 -0.9 -0.2 0.7 1.3 0.2 0.5 0.6 -0.2 0.4 0.0 -1.3 -0.6 0.410 0.376 103.4 101.4 103.4 101.3 n.a. 1.7 -0.4 0.6 -0.2 -0.3 0.4 1.6 0.0 -0.1 PLASTICS AND ARTICLES THEREOF; RUBBER AND ARTICLES THEREOF Plastics and articles thereof Rubber and articles thereof RAW HIDES, SKINS, LEATHER, FURSKINS, TRAVEL GOODS, ETC. Raw hides and skins (other than furskins) and leather 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 BASE METALS AND ARTICLES OF BASE METALS Iron and steel Articles of iron or steel Copper and articles thereof Aluminum and articles thereof Tools, implements, cutlery, spoons and forks, of base metal; parts thereof Miscellaneous articles of base metal XVI MACHINERY, ELECTRICAL EQUIPMENT, TV IMAGE AND SOUND RECORDERS, PARTS, ETC Specialized machinery & computer equipment Electrical machinery and equip, sound & tv recorders & reproducers, parts 84 85 XVII VEHICLES, AIRCRAFT, VESSELS AND ASSOCIATED TRANSPORT EQUIPMENT Motor vehicles and their parts 87 XVIII OPTICAL, PHOTO, MEASURING, MEDICAL & MUSICAL INSTRUMENTS; CLOCKS & WATCHES XX 94 MISCELLANEOUS MANUFACTURED ARTICLES Furniture; stuffed furnishings; lamps and lighting fittings nesoi; Toys, games and sports equipment; parts and accessories thereof 95 1 2 3 36.891 97.6 97.3 -1.9 0.1 -0.3 -0.2 -0.3 20.290 97.8 97.4 -2.1 0.0 -0.4 -0.2 -0.4 16.601 97.3 97.0 -1.8 0.1 -0.1 -0.2 -0.3 13.596 9.435 104.6 102.0 104.7 102.1 2.4 1.1 0.1 0.0 -0.1 -0.1 0.8 0.2 0.1 0.1 5.375 102.6 102.6 1.4 -0.2 0.0 0.5 0.0 1.762 102.1 102.1 0.8 0.0 0.5 -0.1 0.0 0.866 103.8 103.7 1.5 0.1 1.0 -0.1 -0.1 0.724 100.3 100.5 0.1 -0.1 0.0 -0.2 0.2 Relative importance figures are based on 1995 trade values. Data for April, May and June 1997 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: n.a. Not available Published categories may include price data not shown separately Table 7 U.S. Import Price Indexes and Percent Changes by Locality of Origin,July 1996-July 1997 1995=100, unless otherwise noted Index Percent Change Percentage of Annual Monthly US Imports July March April May Description 1/ 1996 1997 1997 1997 1995 June July to to to to June 1997 to 1997 2/ 1997 July 1997 April 1997 May 1997 June 1997 July 1997 3/ Developed Countries Manufactured Goods Nonmanufactured Goods 55.6 52.2 3.1 97.4 97.1 104.4 97.2 97.1 102.2 -2.4 -2.0 -7.8 -0.8 -0.4 -6.6 -0.1 -0.3 1.8 0.0 0.1 -1.5 -0.2 0.0 -2.1 3/ Developing Countries Manufactured Goods Nonmanufactured Goods 42.7 35.4 7.1 102.0 99.7 107.4 101.3 99.5 105.1 -0.2 -0.2 -3.0 -1.2 -0.2 -6.2 0.2 -0.3 3.0 -0.1 -0.1 -0.6 -0.7 -0.2 -2.1 Canada Manufactured Goods Nonmanufactured Goods 18.9 16.5 2.2 99.1 98.7 105.2 98.9 98.7 103.5 -0.9 0.5 -9.3 -0.7 -0.1 -4.8 0.3 0.0 1.8 -0.2 0.1 -2.1 -0.2 0.0 -1.6 European Union Manufactured Goods Nonmanufactured Goods 17.0 16.4 0.5 101.1 100.8 113.9 100.8 100.5 110.3 -1.2 -1.2 -2.0 -0.6 -0.1 -12.9 -0.1 -0.2 3.2 0.2 0.1 2.4 -0.3 -0.3 -3.2 Japan 16.6 93.1 93.1 -4.3 -0.7 -0.7 0.3 0.0 5/ Asian Newly Industrialized Countries 10.9 95.3 94.7 -3.7 0.1 -0.6 -0.5 -0.6 1 Regions are not mutually exclusive. 2 Data for April, May and June 1997 have been revised to reflect the availability of late reports and corrections by respondents. 3 Defined according to the Standard Census Definition. 4 Includes EU 5 Includes Hong Kong, Singapore, South Korea, and Taiwan. 4/ 15 countries Table 9 U.S. International Price Indexes and Percent Changes for Selected Categories of Services. June 1996-June 1997 1995 = 100 Index Percent Change Description Trade (Mil. of Dollars) March 1997 June 1997 Annual June 1996 to June 1997 June 1996 to Sept. 1996 Quarterly Sept. 1996 to Dec. 1996 Dec. 1996 to March 1997 March 1997 to June 1997 Air Freight (Inbound) Atlantic Pacific 5495 1880 3151 89.5 89.7 89.8 89.9 88.9 91.1 -5.5 -4.6 -5.3 0.5 1.8 -0.6 -0.6 1.8 -1.7 -5.8 -7.1 -4.5 0.4 -0.9 1.4 Air Freight (Outbound) Atlantic Pacific 5835 2080 3222 99.8 99.9 100.3 99.2 99.4 100.0 -0.2 0.5 -0.7 -0.5 -0.2 -0.9 0.3 0.3 0.4 0.6 0.9 0.1 -0.6 -0.5 -0.3 Air Passenger Fares (U.S. Carrier) Atlantic Pacific Latin American / Caribbean Canadian 30673 8811 15900 4542 1367 97.1 97.5 86.4 106.8 155.7 113.0 118.3 102.2 114.9 162.6 8.3 8.9 1.9 11.9 52.2 2.9 6.0 -1.7 0.2 15.7 -5.3 -13.5 -3.7 0.0 24.3 -4.4 -2.1 -9.1 3.8 1.4 16.4 21.3 18.3 7.6 4.4 1/ 1/ 1/ Air Passenger Fares (Foreign Carrier) Atlantic Pacific Latin American / Caribbean 31694 13572 12570 4224 98.5 97.1 92.3 104.5 106.1 110.2 96.4 104.8 3.0 4.1 -0.5 2.6 2.4 4.0 -2.6 1.3 -4.5 -8.9 -0.2 0.2 -2.2 -3.2 -2.0 0.9 7.7 13.5 4.4 0.3 1/ Crude Oil Tanker Freight (Inbound) 1949 107.3 n.a. n.a. -11.0 8.1 7.2 n.a. Ocean Liner Freight (Inbound) U.S. East Coast from Atlantic from Pacific U.S. West Coast from Pacific 12253 5410 2647 1874 6844 6347 97.6 99.8 99.4 98.4 95.4 95.1 96.8 99.6 98.7 98.9 94.1 93.9 -2.8 -1.9 -3.7 0.3 -3.8 -3.6 -1.6 -0.8 -1.4 -0.2 -2.5 -2.5 0.4 1.0 0.3 0.1 0.0 -0.2 -0.8 -1.9 -2.0 -0.1 0.0 0.3 -0.8 -0.2 -0.7 0.5 -1.4 -1.3 1/ 1/ 1/ 1 Detailed data available upon request. n.a. N Table 8 U.S. Import and Export Price Indexes and Percent Changes for Selected Categories of Services. June 1996-June 1997 1995 = 100, unless otherwise noted Index Percent Change Description Trade (Mil. of Dollars) March 1997 June 1997 Annual June 1996 to June 1997 June 1996 to Sept. 1996 Quarterly Sept. 1996 to Dec. 1996 Dec. 1996 to March 1997 March 1997 to June 1997 IMPORT Air Freight Atlantic Pacific 3188 1278 1674 90.1 91.2 90.5 90.7 91.2 91.8 -6.6 -5.5 -6.4 -0.3 2.0 -1.4 -1.2 -0.2 -2.0 -5.8 -7.1 -4.5 0.7 0.0 1.4 1/ 1/ 1/ Air Passenger Fares Atlantic Pacific Latin American / Caribbean 11127 4922 2340 3021 100.5 100.3 98.1 105.1 113.2 121.2 111.4 106.1 8.3 14.2 9.9 3.4 -1.4 -0.3 -9.2 1.4 -2.9 -7.0 7.5 0.1 0.5 1.9 -0.9 1.0 12.6 20.8 13.6 1.0 1/ Crude Oil Tanker Freight 1346 99.7 n.a. n.a. -11.3 6.3 5.8 n.a. Ocean Liner Freight U.S. East Coast from Atlantic from Pacific U.S. West Coast from Pacific 9868 4271 1952 1774 5596 5126 98.0 100.5 100.4 100.2 95.4 95.0 97.1 100.6 99.9 100.8 93.9 93.5 -3.1 -1.1 -2.8 0.4 -4.9 -4.8 -1.3 -0.1 0.2 -0.2 -2.4 -2.5 -0.3 0.1 -0.1 0.2 -0.6 -0.8 -0.6 -1.2 -2.4 -0.2 -0.3 0.1 -0.9 0.1 -0.5 0.6 -1.6 -1.6 Air Freight (9612 = 100) 2562 98.5 97.8 n.a. n.a. n.a. -1.5 -0.7 Air Passenger Fares Atlantic Pacific Latin American / Caribbean Canadian 17272 4120 10700 1392 1006 89.8 98.6 75.5 101.8 155.0 103.1 109.9 91.1 106.9 158.8 3.7 4.8 -2.8 6.9 47.3 3.5 8.3 0.2 0.8 7.1 -3.1 -7.8 -4.6 0.8 26.3 -9.9 -5.8 -15.7 0.2 6.3 14.8 11.5 20.7 5.0 2.5 EXPORT 1/ 1/ 1 Detailed data available upon request. n.a. TECHNICAL NOTE Import and Export Merchandise and Services Price Indexes -- All indexes use a modified Laspeyres formula and are weighted with 1995 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 N with U.S. importers or exporters, regardless of nationality). Published series use a base year of 1995=100 where possible. 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. More detailed index series and additional information may be obtained from the Division of International Prices, Bureau of Labor Statistics, 2 Massachusetts Avenue N.E., PSB 3955, Washington, DC 20212 or (202) 606-7155. Import Price Indexes -- Products have been classified by the 1995 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 1995 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. 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 defined by locality of origin using a nomenclature based upon the Standard Industrial Classification (SIC-based). Nonmanufactured goods are defined as SIC 0-1, and manufactured goods are defined as SIC 2-3. The indexes use 1995 weights and a base of 1995=100. Import, Export, and International Services Indexes -- Indexes are calculated 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 the publication of these indexes is lagged one 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 U.S. 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 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. 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. 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