Full text of July 1997 : Text File, USDL-97-287
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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 1997-
The 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
Non- Agri- Nonagri-
All Petroleum petroleum All cultural cultural
Imports Imports Imports Exports Exports Exports
Month
1996
July -0.1 1.9 -0.4 -0.5 -1.9 -0.2
August 0.1 2.2 -0.1 -0.2 -0.2 -0.2
September 1.2 7.5 0.4 -0.8 -7.3 0.2
October 0.5 7.1 -0.3 -0.2 -2.6 0.0
November -0.2 -0.8 -0.1 -0.4 -2.3 0.0
December 0.3 2.0 0.1 0.0 -0.9 0.1
1997
January -0.3 0.6 -0.4 0.1 0.1 0.0
February -0.9 -8.1 -0.1 0.2 2.1 0.0
March -1.3 -8.7 -0.4 0.1 1.5 -0.1
April -1.1 -7.3 r -0.5 -0.7 -6.9 0.1
May 0.0 1.0 r 0.0 r -0.3 r -1.1 -0.2 r
June 0.0 r -1.8 r 0.0 r 0.0 r -1.9 0.2 r
July -0.2 -0.7 -0.1 -0.1 -0.9 0.0
July 1995-96 -0.5 14.8 -2.0 0.1 13.7 -1.7
July 1996-97 -1.9 -8.2 -1.5 -2.3 -19.0 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 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
Import- Annual Monthly
ance July March April May June
END Description 1996 1997 1997 1997 1997
USE June June July to to to to to
1997 1997 1997 July April May June July
1/ 2/ 1997 1997 1997 1997 1997
ALL COMMODITIES 100.000 98.3 98.1 -1.9 -1.1 0.0 0.0 -0.2
ALL IMPORTS EXCLUDING PETROLEUM 91.694 97.3 97.2 -1.5 -0.5 0.0 0.0 -0.1
0 FOODS, FEEDS, & BEVERAGES 4.848 101.7 99.8 2.7 -1.8 1.9 0.2 -1.9
00 Agricultural foods, feeds & beverages,
excluding distilled beverages 3.510 101.1 98.0 0.9 -2.8 2.3 -0.2 -3.1
01 Nonagricultural foods (fish, distilled
beverages) 1.338 103.1 104.3 7.3 0.8 0.9 1.3 1.2
1 INDUSTRIAL SUPPLIES & MATERIALS 26.810 100.4 100.5 -2.0 -2.9 0.6 -0.6 0.1
INDUSTRIAL SUPPLIES & MATERIALS
EXCLUDING PETROLEUM 18.504 98.0 98.3 0.5 -0.9 0.5 0.0 0.3
INDUSTRIAL SUPPLIES & MATERIALS,
DURABLE 9.892 100.2 100.0 2.5 -0.2 0.4 0.3 -0.2
INDUSTRIAL SUPPLIES & MATERIALS,
NONDURABLE EXCLUDING PETROLEUM 8.612 95.5 96.2 -1.9 -1.5 0.4 -0.2 0.7
10 Fuels & lubricants 9.382 105.0 105.3 -6.8 -7.4 0.9 -1.6 0.3
100 Petroleum & petroleum products 8.306 104.6 103.9 -8.2 -7.3 1.0 -1.8 -0.7
10000 Crude 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
15 Finished metals associated with durable
goods 1.440 96.6 96.5 -2.5 -0.2 0.0 -0.4 -0.1
16 Nonmetals associated with durable goods 1.482 96.0 96.3 -1.5 -0.7 -0.2 0.2 0.3
2 CAPITAL GOODS 28.740 92.1 91.7 -5.6 -1.0 -0.6 0.1 -0.4
20 Electric & electrical generating
equipment 3.331 97.1 97.1 -2.1 0.0 -0.4 -0.1 0.0
21 Nonelectrical machinery 23.735 90.1 89.6 -6.9 -1.1 -0.8 0.1 -0.6
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 Relative importance figures are based on n.a. Not available
1995 trade values.
2 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
Table 2 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
Import- Annual Monthly
ance July March April May June
END Description 1996 1997 1997 1997 1997
USE June June July to to to to to
1997 1997 1997 July April May June July
1/ 2/ 1997 1997 1997 1997 1997
ALL COMMODITIES 100.000 98.7 98.6 -2.3 -0.7 -0.3 0.0 -0.1
AGRICULTURAL COMMODITIES 9.998 94.9 94.0 -19.0 -6.9 -1.1 -1.9 -0.9
NONAGRICULTURAL COMMODITIES 90.002 99.1 99.1 0.1 0.1 -0.2 0.2 0.0
0 FOODS, FEEDS, & BEVERAGES 8.936 95.2 94.3 -21.2 -7.5 -1.1 -1.9 -0.9
00 Agricultural foods, feeds & beverages,
excluding distilled beverages 8.242 96.0 95.0 -22.6 -8.0 -1.0 -2.0 -1.0
01 Nonagricultural foods (fish, distilled
beverages) 0.694 87.6 87.9 -6.7 -1.4 -1.6 -0.5 0.3
1 INDUSTRIAL SUPPLIES & MATERIALS 25.523 95.5 95.5 0.7 0.0 -0.1 0.3 0.0
INDUSTRIAL SUPPLIES & MATERIALS,
DURABLE 9.944 96.5 96.5 0.7 -0.1 -0.1 0.4 0.0
INDUSTRIAL SUPPLIES & MATERIALS,
NONDURABLE 15.578 94.8 94.9 0.7 -0.1 0.0 0.1 0.1
10 Agricultural industrial supplies &
materials 1.756 91.6 91.7 -0.2 -1.9 -1.6 -1.1 0.1
NONAGRICULTURAL INDUSTRIAL SUPPLIES &
MATERIALS 23.766 95.8 95.8 0.7 0.1 0.0 0.4 0.0
11 Fuels & lubricants 2.431 110.0 109.7 0.9 -0.5 -0.2 0.0 -0.3
12 Nonagricultural supplies & materials
excluding fuels & building materials 19.751 93.3 93.4 0.3 0.3 0.0 0.5 0.1
13 Selected building materials 1.584 95.4 95.4 0.6 -1.6 -0.1 0.0 0.0
2 CAPITAL GOODS 44.120 100.1 100.0 -0.7 -0.1 -0.2 0.0 -0.1
20 Electric & electrical generating
Equipment 4.389 101.1 101.2 0.3 0.2 -0.1 0.5 0.1
21 Nonelectrical machinery 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 Relative importance figures are based on n.a. Not available
1995 trade values.
2 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
Table 3 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
Import- Annual Monthly
ance July March April May June
SITC Description 1996 1997 1997 1997 1997
Rev. 3 June June July to to to to to
1997 1997 1997 July April May June July
1/ 2/ 1997 1997 1997 1997 1997
ALL COMMODITIES 100.000 98.3 98.1 -1.9 -1.1 0.0 0.0 -0.2
0 FOOD AND LIVE ANIMALS 4.150 102.6 100.3 6.6 -2.3 4.1 -1.0 -2.2
01 Meat and meat preparations 0.348 101.9 101.9 12.0 1.2 -1.1 -1.5 0.0
03 Fish, crustaceans, aquatic invertebrates
and preparations thereof 1.016 103.6 104.5 9.3 0.7 1.7 1.5 0.9
05 Vegetables and fruit, prepared
fresh or dried 1.021 97.6 100.7 1.0 -8.6 5.2 -8.6 3.2
07 Coffee, tea, cocoa, spices and
manufactures thereof 0.824 118.4 99.5 21.8 -0.5 9.9 9.8 -16.0
3/ Other food and live animals (9612=100) 0.940 100.4 99.9 n.a. 0.1 3.1 -2.5 -0.5
1 BEVERAGES AND TOBACCO 0.838 107.5 107.7 3.5 0.3 -0.2 0.5 0.2
11 Beverages 0.704 104.0 104.2 2.7 0.3 -0.1 0.5 0.2
2 CRUDE MATERIALS, INEDIBLE, EXCEPT FUELS 2.990 97.2 97.3 4.8 -1.4 2.2 -2.5 0.1
23 Crude rubber (including synthetic and
reclaimed) 0.278 83.9 78.2 -11.9 -4.0 -3.2 2.2 -6.8
24 Cork and wood 1.112 122.5 123.3 10.8 -1.0 1.6 -3.5 0.7
25 Pulp and waste paper 0.364 65.8 66.6 0.8 -1.7 0.9 2.2 1.2
28 Metalliferous ores and metal scrap 0.643 105.5 103.7 8.2 2.9 -0.4 -0.1 -1.7
29 Crude animal and vegetable materials,
n.e.s. (9612=100) 0.246 95.9 103.9 n.a. -10.4 24.2 -18.1 8.3
3/ Other crude materials, inedible, except
fuels (9612=100) 0.347 97.2 97.7 n.a. -0.2 -1.5 1.2 0.5
3 MINERAL FUELS, LUBRICANTS AND RELATED
MATERIALS 9.062 104.6 105.3 -6.4 -7.6 1.0 -1.7 0.7
33 Petroleum, petroleum products and
related materials 7.899 104.1 103.9 -8.1 -7.3 1.4 -2.1 -0.2
34 Gas, natural and manufactured 1.042 113.3 121.2 12.5 -9.7 -1.5 1.2 7.0
5 CHEMICALS AND RELATED PRODUCTS, N.E.S. 5.561 96.4 96.4 -2.4 -1.2 -0.1 -0.1 0.0
51 Organic chemicals 1.581 95.9 96.2 -2.9 -3.3 0.0 -0.6 0.3
52 Inorganic chemicals 0.671 98.7 98.5 -1.9 -0.4 -0.3 -2.1 -0.2
53 Dyeing, tanning and coloring materials 0.289 97.9 97.5 -4.1 0.2 0.0 0.8 -0.4
54 Medicinal and pharmaceutical products 0.904 96.3 96.5 -2.9 0.0 -0.6 0.9 0.2
55 Essential oils; polishing and cleansing
preps 0.318 97.0 96.8 -3.9 0.6 -0.1 -1.7 -0.2
57 Plastics in primary forms 0.363 91.6 91.6 -4.5 -2.2 1.5 0.8 0.0
58 Plastics in nonprimary forms 0.559 88.6 89.6 3.6 0.1 -0.5 3.3 1.1
59 Chemical materials and products, n.e.s. 0.654 103.5 103.1 -3.4 -0.4 0.0 -0.7 -0.4
6 MANUFACTURED GOODS CLASSIFIED CHIEFLY
BY MATERIAL 12.545 96.8 96.7 -1.4 -0.1 0.5 0.4 -0.1
62 Rubber manufactures, n.e.s. 0.731 97.6 97.7 -1.9 0.1 -0.1 0.2 0.1
63 Cork and wood manufactures other than
furniture 0.555 99.0 99.2 n.a. 0.5 -0.2 -0.5 0.2
64 Paper, paperboard, and articles of
paper pulp, paper or paper board 1.580 87.5 87.7 -11.1 0.7 2.7 -0.5 0.2
65 Textile yarn, fabrics, made-up
articles, n.e.s., and related product 1.416 100.5 100.2 -0.3 0.2 -0.4 0.2 -0.3
66 Nonmetallic mineral manufactures,
n.e.s. 2.132 102.6 103.0 1.5 -0.4 0.4 -0.6 0.4
67 Iron and steel 2.031 96.3 96.5 -0.8 0.4 -0.1 -0.2 0.2
68 Nonferrous metals 1.960 95.3 94.1 5.1 -0.5 1.3 3.8 -1.3
69 Manufactures of metals, n.e.s. 1.973 98.9 98.6 -2.3 -0.5 -0.1 0.0 -0.3
7 MACHINERY AND TRANSPORT EQUIPMENT 46.958 95.7 95.4 -3.1 -0.5 -0.5 0.2 -0.3
71 Power generating machinery and
equipment (9612=100) 2.969 99.2 99.3 n.a. 0.0 -0.3 0.0 0.1
72 Machinery specialized for particular
industries 2.683 99.3 99.4 -1.4 -0.5 -0.3 0.4 0.1
73 Metalworking machinery 0.821 98.3 98.0 -3.1 0.1 0.1 0.3 -0.3
74 General industrial machinery and equip-
ment, n.e.s. and machine parts, n.e.s 3.427 98.4 98.3 -2.4 -0.4 -0.1 0.4 -0.1
75 Computer equipment and office machines 7.289 81.2 79.8 -12.7 -1.4 -1.6 -0.9 -1.7
76 Telecommunications & sound recording
& reproducing apparatus & equipment 4.567 93.4 93.2 -3.9 -0.7 -0.6 0.3 -0.2
77 Electrical machinery and equipment 9.662 90.2 90.1 -5.2 -0.8 -0.3 0.4 -0.1
78 Road vehicles 14.498 100.8 101.0 0.4 -0.2 -0.2 0.4 0.2
8 MISCELLANEOUS MANUFACTURED ARTICLES 17.435 100.4 100.5 0.0 0.2 0.2 -0.1 0.1
81 Prefabricated buildings; plumbing, heat
& lighting fixtures, n.e.s. 0.383 96.2 96.1 -4.9 0.1 -0.2 0.3 -0.1
82 Furniture and parts thereof 1.257 102.9 103.2 2.2 1.1 -0.2 -0.4 0.3
83 Travel goods, handbags and similar
containers 0.502 101.2 101.3 -0.4 -0.1 -0.2 0.1 0.1
84 Articles of apparel and clothing
accessories 5.825 103.1 103.1 1.8 0.8 0.9 -0.3 0.0
85 Footwear 1.762 101.1 101.3 0.9 0.0 -0.1 0.2 0.2
87 Professional, scientific and controlling
instruments and apparatus, n.e.s. 1.586 97.1 97.3 -2.5 -0.4 -0.4 0.5 0.2
88 Photographic apparatus, equipment and
supplies and optical goods, n.e.s.; 1.342 94.4 95.0 -2.2 0.3 -1.3 0.0 0.6
89 Miscellaneous manufactured articles,
n.e.s. 4.778 99.6 99.6 -1.2 -0.1 0.0 -0.1 0.0
1 Relative importance figures are based on n.a. Not available.
1995 trade values.
2 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.
3 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 4 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
Import- Annual Monthly
ance July March April May June
SITC Description 1996 1997 1997 1997 1997
Rev. 3 June June July to to to to to
1997 1997 1997 July April May June July
1/ 2/ 1997 1997 1997 1997 1997
ALL COMMODITIES 100.000 98.7 98.6 -2.3 -0.7 -0.3 0.0 -0.1
0 FOOD AND LIVE ANIMALS 7.247 93.3 92.7 -22.5 -6.0 -1.6 -2.4 -0.6
01 Meat and meat preparations 1.137 95.3 95.7 -3.1 0.3 -1.0 -0.4 0.4
03 Fish, crustaceans, aquatic invertebrates
and preparations 0.518 85.3 85.2 -8.3 -1.8 -1.8 -0.7 -0.1
04 Cereals and cereal preparations 2.324 78.6 77.3 -44.9 -15.1 -4.7 -7.4 -1.7
05 Vegetables, fruit and nuts,
fresh or dried 1.443 101.7 103.6 -1.6 -1.1 0.6 1.0 1.9
08 Feeding stuff for animals (not
including unmilled cereals) 0.890 127.2 120.3 1.3 0.6 1.2 -0.3 -5.4
09 Miscellaneous edible products and
preparations 0.384 103.5 103.6 n.a. 0.0 0.4 -0.2 0.1
3/ Other food and live animals (9612=100) 0.550 103.6 105.8 n.a. 0.2 -0.3 0.8 2.1
1 BEVERAGES ANB TOBACCO 1.501 100.8 101.2 0.6 0.0 0.2 0.4 0.4
12 Tobacco and tobacco manufactures 1.239 100.9 101.3 n.a. -0.1 0.4 0.5 0.4
2 CRUDE MATERIALS, INEDIBLE, EXCEPT FUELS 5.777 89.3 89.4 0.1 -5.0 0.3 0.6 0.1
21 Hides, skins and furskins, raw 0.329 100.8 96.3 0.5 -1.6 -3.3 -8.4 -4.5
22 Oil seeds and oleaginous fruits 1.191 109.7 105.3 -19.3 -17.9 1.4 -1.0 -4.0
24 Cork and wood 0.978 94.0 93.8 -0.2 -1.9 0.0 -0.2 -0.2
25 Pulp and waste paper 0.758 65.8 69.0 18.2 0.5 2.7 8.8 4.9
26 Textile fibers and their waste 0.826 83.4 84.2 -2.0 -2.0 -0.2 0.1 1.0
27 Crude fertilizers and crude minerals 0.334 97.8 97.9 0.9 0.0 0.4 0.5 0.1
28 Metalliferous ores and metal scrap 0.946 91.7 94.7 11.7 -0.3 0.2 2.3 3.3
3/ Other crude materials, inedible, except
fuels (9612=100) 0.415 98.6 98.1 n.a. -1.6 -0.8 -1.6 -0.5
3 MINERAL FUELS, LUBRICANTS AND RELATED
MATERIALS 2.139 110.9 110.5 1.5 -0.6 0.0 0.2 -0.4
32 Coal, coke and briquettes 0.692 102.0 101.8 -0.7 0.3 -0.1 -0.4 -0.2
33 Petroleum, petroleum products and
related materials 1.301 119.4 119.1 4.9 0.3 0.1 -0.5 -0.3
4 ANIMAL AND VEGETABLE OILS, FATS AND
WAXES 0.444 94.7 93.3 -0.5 -3.2 0.2 1.2 -1.5
5 CHEMICALS AND RELATED PRODUCTS, N.E.S. 10.900 96.5 96.3 -1.0 -0.2 0.1 -0.2 -0.2
51 Organic chemicals 2.562 84.9 85.0 -3.3 -1.2 0.2 -0.5 0.1
52 Inorganic chemicals 0.833 99.4 99.8 -2.3 0.3 0.2 -0.4 0.4
53 Dyeing, tanning and coloring materials 0.492 102.0 102.1 1.4 -0.4 -0.4 0.4 0.1
54 Medicinal and pharmaceutical products 1.225 101.6 101.2 -0.5 0.7 -0.1 0.1 -0.4
55 Essential oils; polishing and cleansing
preps 0.753 102.9 103.1 2.4 0.0 0.6 0.1 0.2
56 Fertilizers (9612=100) 0.564 96.2 97.0 n.a. -2.0 0.4 1.6 0.8
57 Plastics in primary forms 1.889 97.1 95.9 -0.4 0.0 -0.2 -0.5 -1.2
58 Plastics in nonprimary forms 0.825 99.1 99.1 -1.4 -0.2 0.9 -0.3 0.0
59 Chemical materials and products, n.e.s. 1.757 104.0 103.6 0.6 0.5 0.3 -0.3 -0.4
6 MANUFACTURED GOODS CLASSIFIED CHIEFLY
BY MATERIAL 9.667 98.2 98.3 1.1 0.3 -0.1 0.5 0.1
62 Rubber manufactures, n.e.s. 0.671 103.2 103.1 0.4 0.3 0.1 0.1 -0.1
63 Cork and wood manufactures other than
furniture 0.288 90.8 91.4 1.1 -2.2 -0.8 0.9 0.7
64 Paper, paperboard, and articles of
paper pulp, paper or paperboard 1.500 83.5 84.7 -3.0 -1.0 0.7 0.7 1.4
65 Textile yarn, fabrics, made-up
articles, n.e.s., and related product 1.405 103.2 102.5 n.a. 2.0 -0.6 0.1 -0.7
66 Nonmetallic mineral manufactures,
n.e.s. 1.290 104.3 104.5 2.7 0.0 0.1 0.2 0.2
67 Iron and steel 1.099 102.8 102.9 n.a. -0.2 -0.2 -0.2 0.1
68 Nonferrous metals 1.291 93.2 92.5 2.4 0.3 -0.3 1.6 -0.8
69 Manufactures of metals, n.e.s. 1.966 104.4 104.3 3.5 0.8 -0.4 0.8 -0.1
7 MACHINERY AND TRANSPORT EQUIPMENT 50.337 100.6 100.5 -0.1 0.1 -0.2 0.2 -0.1
71 Power generating machinery and
equipment 4.243 106.4 106.4 2.2 0.7 0.2 -0.1 0.0
72 Machinery specialized for particular
industries 4.627 104.2 104.1 1.2 0.1 0.5 -0.1 -0.1
73 Metalworking machinery 0.943 104.4 104.6 2.2 -0.2 -0.7 0.5 0.2
74 General industrial machinery and equip-
ment, n.e.s. and machine parts, n.e.s 4.941 104.5 104.5 1.9 0.5 -0.2 0.1 0.0
75 Computer equipment and office machines 6.617 84.5 83.9 -9.0 -0.5 -1.4 -0.7 -0.7
76 Telecommunications & sound recording
& reproducing apparatus & equipment 3.779 99.6 99.6 -1.4 0.0 -0.3 0.0 0.0
77 Electrical machinery and equipment 11.829 96.6 96.6 -1.5 0.2 -0.1 -0.2 0.0
78 Road vehicles 9.004 101.8 102.0 1.1 0.1 -0.2 0.1 0.2
8 MISCELLANEOUS MANUFACTURED ARTICLES 11.151 101.7 101.7 0.9 -0.1 0.2 0.1 0.0
82 Furniture and parts thereof 0.628 103.6 103.5 1.6 0.0 1.2 -0.2 -0.1
84 Articles of apparel and clothing
accessories 1.242 101.3 102.4 n.a. 0.0 0.0 -0.1 1.1
87 Professional, scientific and controlling
instruments and apparatus, n.e.s. 3.674 103.4 103.6 2.1 -0.7 0.2 0.1 0.2
88 Photographic apparatus, equipment and
supplies and optical goods, n.e.s. 0.942 99.0 99.7 n.a. -0.9 0.7 0.8 0.7
89 Miscellaneous manufactured articles,
n.e.s. 4.213 100.6 100.0 -0.7 0.4 0.1 0.0 -0.6
3/ Other miscellaneous manufactured
articles (9612=100) 0.452 100.9 100.9 n.a. 0.1 0.1 0.0 0.0
1 Relative importance figures are based on n.a. Not available.
1995 trade values.
2 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.
3 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 5 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
Import- Annual Monthly
Harmo- ance July March April May June
nized Description 1996 1997 1997 1997 1997
System June June July to to to to to
1997 1997 1997 July April May June July
1/ 2/ 1997 1997 1997 1997 1997
I LIVE ANIMALS; ANIMAL PRODUCTS 1.543 101.2 102.2 9.2 0.6 2.4 -1.4 1.0
02 Meat and edible meat offal 0.266 96.1 97.6 9.7 1.1 -1.7 -2.2 1.6
03 Fish and crustaceans, molluscs and
other aquatic invertebrates 0.888 103.8 104.5 9.8 0.6 2.2 0.7 0.7
3/ Other live animals and animal
products (9612=100) 0.389 101.5 102.7 n.a. 0.4 5.7 -5.1 1.2
II VEGETABLE PRODUCTS 1.594 93.5 92.1 5.6 -6.7 8.2 -5.4 -1.5
07 Edible vegetables and certain roots and
tubers 0.238 n.a. n.a. n.a. -21.6 21.2 n.a. n.a.
08 Edible fruit and nuts; peel of citrus
fruit or melons 0.453 101.8 100.9 1.6 -2.3 -0.6 -2.0 -0.9
09 Coffee, tea, mate and spices 0.502 104.5 91.9 18.4 -1.9 10.5 7.5 -12.1
3/ Other vegetable products 0.401 93.4 94.2 -0.5 -4.8 7.3 -8.2 0.9
IV PREPARED FOODSTUFFS, BEVERAGES, AND
TOBACCO 2.053 101.7 102.2 -1.0 0.5 0.1 0.3 0.5
20 Preparations of vegetables, fruit,
nuts, or other parts of plants 0.274 92.3 92.0 -17.7 -2.9 0.2 -1.0 -0.3
22 Beverages, spirits, and vinegar 0.732 103.1 103.2 1.5 0.4 -0.3 0.1 0.1
3/ Other prepared foodstuffs (9612=100) 1.047 101.0 101.9 n.a. 1.7 0.2 0.9 0.9
V MINERAL PRODUCTS 9.649 104.4 104.9 -6.4 -7.3 1.0 -1.6 0.5
26 Ores, slag and ash 0.295 103.6 102.0 4.5 3.9 0.0 -0.2 -1.5
27 Mineral fuels, oils and residuals,
bituminous substances and mineral wax 9.125 104.4 105.0 -7.1 -7.8 1.0 -1.6 0.6
VI PRODUCTS OF THE CHEMICAL OR ALLIED
INDUSTRIES 5.215 99.5 99.2 -1.9 -0.8 -0.1 -0.5 -0.3
28 Inorganic chemicals 0.852 103.9 103.3 1.4 0.0 -0.4 -1.1 -0.6
29 Organic chemicals 1.996 96.3 96.2 -3.7 -2.8 0.1 -0.2 -0.1
30 Pharmaceutical products 0.552 102.6 103.2 1.5 0.6 0.1 0.8 0.6
32 Tanning & dyeing extracts; dye &
pigments; varnish & paints; putty 0.291 97.4 96.9 -4.2 0.3 -0.1 1.5 -0.5
37 Photographic or cinematographic goods 0.356 99.3 99.5 1.2 1.8 -0.3 -1.1 0.2
38 Miscellaneaous chemical products
(9612=100) 0.413 98.5 98.4 n.a. 0.3 -0.5 -0.1 -0.1
3/ Other products of the chemical or
allied industries (9612=100) 0.756 97.6 96.3 n.a. 0.4 -0.5 -2.1 -1.3
VII PLASTICS AND ARTICLES THEREOF; RUBBER
AND ARTICLES THEREOF 2.825 93.8 93.2 -2.0 -0.7 -0.2 0.9 -0.6
39 Plastics and articles thereof 1.739 95.6 95.8 0.6 -0.6 0.2 1.2 0.2
40 Rubber and articles thereof 1.086 91.1 89.4 -5.9 -1.1 -1.1 0.6 -1.9
VIII RAW HIDES, SKINS, LEATHER, FURSKINS,
TRAVEL GOODS, ETC 0.999 103.5 103.7 1.1 -0.4 0.6 -0.5 0.2
42 Articles of leather; travel goods, bags,
etc. of various materials 0.807 102.0 101.9 0.4 0.1 0.2 0.3 -0.1
IX WOOD, WOOD CHARCOAL, CORK, STRAW, BASKET
AND WICKER 1.708 111.8 112.3 5.1 -1.0 1.2 -2.7 0.4
X WOOD PULP, WASTE AND SCRAP PAPER, PAPER
AND ARTICLES THEREOF 2.315 84.2 84.6 -6.8 0.1 1.9 -0.2 0.5
47 Pulp wood or other fibrous cellulosic
material; waste paper/paperboard 0.364 66.6 67.3 0.6 -2.0 1.1 2.0 1.1
48 Paper and paperboard; articles of paper
pulp, paper or paperboard 1.597 88.5 88.6 -10.1 0.7 2.3 -0.4 0.1
49 Printed matter 0.354 101.1 101.8 1.2 -0.2 1.1 -0.7 0.7
XI TEXTILE AND TEXTILE ARTICLES 6.887 102.2 102.2 1.5 0.7 0.9 -0.4 0.0
61 Articles of apparel and clothing
accessories, knitted or crocheted 2.016 101.2 100.8 -1.0 0.7 -0.2 -0.1 -0.4
62 Articles of apparel and clothing
accessories, not knitted or crocheted 3.335 104.9 105.3 4.1 1.0 2.1 -0.7 0.4
63 Made-up or worn textile articles and
clothing; needlecraft sets; rags 0.339 97.4 97.5 -2.8 -0.3 -1.2 0.5 0.1
3/ Other textile & textile
articles (9612=100) 1.197 100.6 100.3 n.a. 0.2 -0.2 -0.3 -0.3
XII FOOTWEAR, HEADGEAR, UMBRELLAS, WHIPS,
ARTIFICIAL FLOWERS, ETC. 2.058 101.3 101.4 0.9 0.1 0.0 0.2 0.1
64 Footwear, gaiters and the like; parts
of such articles 1.772 100.9 101.1 0.7 0.0 -0.1 0.2 0.2
3/ Other footwear, headgear, umbrellas,
whips, art. flowers, etc. (9612=100) 0.286 101.6 101.5 n.a. 1.1 0.2 0.1 -0.1
XIII STONE, PLASTER, CEMENT, ASBESTOS,CERAMIC
GLASS ETC. 1.137 102.5 102.9 0.2 -0.4 0.2 -1.0 0.4
69 Ceramic products 0.429 99.3 99.6 n.a. -0.8 -0.4 -1.3 0.3
70 Glass and glassware 0.444 103.4 103.5 0.3 1.0 -0.2 -1.1 0.1
XIV PEARLS, STONES, PRECIOUS METALS,
IMITATION JEWELRY, AND COINS 2.173 98.3 98.6 -0.4 -0.1 0.4 0.6 0.3
XV BASE METALS AND ARTICLES OF BASE METAL 5.899 96.2 95.3 0.0 0.0 0.3 0.7 -0.9
72 Iron and steel 1.743 95.5 95.5 -0.8 0.3 -0.1 0.0 0.0
73 Articles of iron or steel 1.281 97.4 97.1 -3.7 -0.4 -0.1 -0.8 -0.3
74 Copper and articles thereof 0.466 87.0 87.7 9.4 0.7 -1.6 3.0 0.8
76 Aluminum and articles thereof 0.981 94.6 92.2 1.1 -1.0 0.5 1.8 -2.5
83 Miscellaneous articles of base metal 0.411 102.1 102.0 0.1 0.7 -0.1 -1.1 -0.1
3/ Miscellaneous nonferrous metals and
articles, including scrap (9612=100) 0.573 115.4 110.0 n.a. 2.6 3.8 3.5 -4.7
XVI MACHINERY, ELECTRICAL EQUIPMENT, TV
IMAGE & SOUND RECORDERS, PARTS, ETC. 30.791 92.0 91.5 -5.5 -1.1 -0.5 0.1 -0.5
84 Specialized machinery & computer
equipment 16.172 93.1 92.5 -5.2 -1.2 -0.6 -0.1 -0.6
85 Electrical machinery and equip, sound
and TV recorders & reproducers, parts 14.619 90.7 90.3 -5.8 -1.0 -0.6 0.4 -0.4
XVII VEHICLES, AIRCRAFT, VESSELS AND
ASSOCIATED TRANSPORT EQUIPMENT 15.685 101.0 101.2 0.4 -0.2 -0.2 0.4 0.2
87 Motor vehicles and their parts 14.820 100.8 100.9 0.2 -0.1 -0.3 0.5 0.1
XVIII OPTICAL, PHOTO, MEASURING, MEDICAL &
MUSICAL INSTRUMENTS; CLOCKS & WATCHES 3.528 94.3 94.3 -3.9 -0.3 -0.7 0.3 0.0
90 Optical, photographic, measuring and
medical instruments 3.014 94.2 94.1 -4.0 -0.3 -0.8 0.3 -0.1
91 Clocks and watches and parts thereof 0.373 94.4 95.3 -3.0 -0.2 -0.6 0.3 1.0
XX MISCELLANEOUS MANUFACTURED ARTICLES 3.686 99.9 100.2 -0.3 0.5 -0.3 0.0 0.3
94 Furniture; stuffed furnishings; lamps
and lighting fittings nes; 1.586 100.3 100.5 0.7 0.8 -0.2 -0.1 0.2
95 Toys, games and sports equipment; parts
and accessories thereof 1.815 100.5 100.8 -1.0 0.1 -0.1 -0.2 0.3
96 Miscellaneous manufactured articles 0.285 94.6 94.8 -1.3 1.1 -1.7 1.4 0.2
1 Relative importance figures are based on n.a. Not available
1995 trade values.
2 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.
3 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 6 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
Import- Annual Monthly
Harmo- ance July March April May June
nized Description 1996 1997 1997 1997 1997
System June June July to to to to to
1997 1997 1997 July April May June July
1/ 2/ 1997 1997 1997 1997 1997
I LIVE ANIMALS; ANIMAL PRODUCTS 1.874 93.9 94.5 -3.9 -0.4 -1.0 -0.6 0.6
02 Meat & edible meat offal 1.058 93.2 93.5 -4.2 0.4 -1.2 -0.4 0.3
03 Fish and crustaceans, molluscs and
other aquatic invertebrates 0.462 83.6 84.1 -9.5 -2.0 -1.1 -0.9 0.6
3/ Other live animals and animal
products (9612=100) 0.354 97.2 98.9 n.a. -0.7 -0.9 -1.3 1.7
II VEGETABLE PRODUCTS 4.799 89.8 88.7 -32.5 -12.7 -1.9 -3.6 -1.2
07 Edible vegetables and certain roots and
tubers 0.292 92.6 97.9 -2.5 -4.7 1.0 -3.1 5.7
08 Edible fruit and nuts; peel of citrus
fruit or melons 0.744 101.6 104.7 0.0 -0.2 0.6 3.1 3.1
10 Cereals 2.093 76.2 74.9 -48.2 -16.3 -5.3 -8.1 -1.7
12 Oilseeds and misc. grains, seeds,
fruits, plants, straw and fodder 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 3.610 105.6 104.3 -0.5 0.1 0.0 0.0 -1.2
20 Preparations of vegetables, fruit,
nuts, or other parts of plants 0.382 107.1 103.8 -2.8 -0.2 -1.9 -0.1 -3.1
21 Miscellaneous edible preparations 0.357 104.3 104.4 1.4 0.0 0.4 -0.2 0.1
22 Beverages, spirits, and vinegar 0.329 99.4 99.4 n.a. 0.1 -0.5 -0.1 0.0
23 Residues and waste from the food
industries; prepared animal feed 0.797 123.0 117.1 -1.5 0.5 0.6 -0.9 -4.8
24 Tobacco and manufactured tobacco
substitutes 1.247 100.9 101.3 n.a. -0.1 0.4 0.5 0.4
3/ Other prepared foods 0.499 100.5 100.8 n.a. 0.5 -0.5 0.3 0.3
V MINERAL PRODUCTS 2.766 109.0 110.1 4.8 -0.5 0.0 0.4 1.0
27 Mineral fuels, oils and residuals,
bituminous substances and mineral wax 2.210 112.7 112.4 2.2 -0.6 0.1 -0.1 -0.3
VI PRODUCTS OF THE CHEMICAL OR ALLIED
INDUSTRIES 8.843 97.1 97.2 -0.8 -0.3 0.2 -0.1 0.1
28 Inorganic chemicals 0.923 101.5 101.7 -1.2 0.5 0.3 -0.5 0.2
29 Organic chemicals 2.886 88.6 88.7 -2.6 -0.7 0.2 -0.4 0.1
30 Pharmaceutical products 0.881 100.7 100.4 -0.5 0.1 -0.1 0.0 -0.3
31 Fertilizers (9612=100) 0.627 96.2 97.0 n.a. -2.0 0.4 1.6 0.8
32 Tanning or dyeing extracts; dyes and
pigments; paints & varnish; putty;ink 0.501 101.6 101.8 1.1 -0.5 -0.5 0.4 0.2
33 Essential oils and resinoids;
perfumery, cosmetic or toilet 0.531 103.6 103.8 3.3 0.0 0.7 0.1 0.2
34 Soap; lubricants; waxes, polishing or
scouring products; candles, pastes 0.308 101.3 101.5 0.8 0.1 0.3 0.0 0.2
37 Photographic or cinematographic goods 0.430 95.8 97.2 0.4 -2.0 -0.3 1.4 1.5
38 Miscellaneous chemical products 1.534 103.7 103.2 -0.1 0.3 0.2 -0.3 -0.5
VII PLASTICS AND ARTICLES THEREOF; RUBBER
AND ARTICLES THEREOF 4.387 98.4 97.9 -0.6 -0.2 0.1 -0.2 -0.5
39 Plastics and articles thereof 3.486 98.0 97.4 -0.8 -0.1 0.1 -0.1 -0.6
40 Rubber and articles thereof 0.901 99.7 99.7 0.1 -0.6 -0.1 -0.5 0.0
VIII RAW HIDES, SKINS, LEATHER, FURSKINS,
TRAVEL GOODS, ETC. 0.556 95.6 93.8 0.0 -0.9 -1.4 -6.8 -1.9
41 Raw hides and skins (other than
furskins) and leather 0.407 94.2 91.7 5.5 -1.1 -2.3 -5.5 -2.7
IX WOOD, WOOD CHARCOAL, CORK, STRAW, BASKET
AND WICKER 1.291 93.9 93.8 0.3 -1.9 -0.2 0.0 -0.1
X WOOD PULP, WASTE AND SCRAP PAPER, PAPER
AND ARTICLES THEREOF 2.939 77.7 79.1 0.9 -0.8 1.5 2.5 1.8
47 Pulp wood or other fibrous cellulosic
material; waste paper/paperboard 0.693 62.5 65.4 9.7 0.0 2.1 8.5 4.6
48 Paper and paperboard; articles of paper
pulp, paper or paperboard 1.457 83.4 84.7 -3.4 -1.8 1.0 0.8 1.6
49 Printed material 0.789 106.6 106.5 2.7 0.6 1.6 0.9 -0.1
XI TEXTILE AND TEXTILE ARTICLES 3.230 93.5 93.7 -0.5 0.3 -0.3 0.1 0.2
52 Cotton, including yarns and woven
fabrics thereof 0.711 83.0 84.0 -1.9 -1.5 -0.2 0.0 1.2
XIII STONE, PLASTER, CEMENT, ASBESTOS,
CERAMIC, GLASS ETC. 0.847 103.3 103.6 n.a. 0.1 0.0 0.1 0.3
70 Glass and glassware 0.485 101.2 101.2 n.a. 0.1 -0.1 0.2 0.0
XIV PEARLS, STONES, PRECIOUS METALS,
IMITATION JEWELRY, AND COINS 1.894 98.1 98.5 -1.5 1.0 -1.2 1.6 0.4
XV BASE METALS AND ARTICLES OF BASE METALS 4.646 97.1 96.9 2.1 0.5 -0.5 0.7 -0.2
72 Iron and steel 0.980 94.7 95.1 -1.6 0.5 -1.1 1.3 0.4
73 Articles of iron or steel 1.234 106.4 106.4 5.2 0.5 -0.3 0.2 0.0
74 Copper and articles thereof 0.457 87.9 86.8 6.0 0.8 -0.9 0.5 -1.3
76 Aluminum and articles thereof 0.883 89.4 88.9 1.8 0.1 -0.2 0.6 -0.6
82 Tools, implements, cutlery, spoons and
forks, of base metal; parts thereof 0.410 103.4 103.4 n.a. -0.4 -0.2 0.4 0.0
83 Miscellaneous articles of base metal 0.376 101.4 101.3 1.7 0.6 -0.3 1.6 -0.1
XVI MACHINERY, ELECTRICAL EQUIPMENT, TV
IMAGE AND SOUND RECORDERS, PARTS, ETC 36.891 97.6 97.3 -1.9 0.1 -0.3 -0.2 -0.3
84 Specialized machinery & computer
equipment 20.290 97.8 97.4 -2.1 0.0 -0.4 -0.2 -0.4
85 Electrical machinery and equip, sound
& tv recorders & reproducers, parts 16.601 97.3 97.0 -1.8 0.1 -0.1 -0.2 -0.3
XVII VEHICLES, AIRCRAFT, VESSELS AND
ASSOCIATED TRANSPORT EQUIPMENT 13.596 104.6 104.7 2.4 0.1 -0.1 0.8 0.1
87 Motor vehicles and their parts 9.435 102.0 102.1 1.1 0.0 -0.1 0.2 0.1
XVIII OPTICAL, PHOTO, MEASURING, MEDICAL &
MUSICAL INSTRUMENTS; CLOCKS & WATCHES 5.375 102.6 102.6 1.4 -0.2 0.0 0.5 0.0
XX MISCELLANEOUS MANUFACTURED ARTICLES 1.762 102.1 102.1 0.8 0.0 0.5 -0.1 0.0
94 Furniture; stuffed furnishings;
lamps and lighting fittings nesoi; 0.866 103.8 103.7 1.5 0.1 1.0 -0.1 -0.1
95 Toys, games and sports equipment; parts
and accessories thereof 0.724 100.3 100.5 0.1 -0.1 0.0 -0.2 0.2
1 Relative importance figures are based on n.a. Not available
1995 trade values.
2 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.
3 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,July 1996-July 1997
1995=100, unless otherwise noted
Index Percent Change
Percentage
of Annual Monthly
US Imports July March April May June
Description 1/ 1996 1997 1997 1997 1997
1995 June July to to to to to
1997 1997 July April May June July
2/ 1997 1997 1997 1997 1997
3/ Developed Countries 55.6 97.4 97.2 -2.4 -0.8 -0.1 0.0 -0.2
Manufactured Goods 52.2 97.1 97.1 -2.0 -0.4 -0.3 0.1 0.0
Nonmanufactured Goods 3.1 104.4 102.2 -7.8 -6.6 1.8 -1.5 -2.1
3/ Developing Countries 42.7 102.0 101.3 -0.2 -1.2 0.2 -0.1 -0.7
Manufactured Goods 35.4 99.7 99.5 -0.2 -0.2 -0.3 -0.1 -0.2
Nonmanufactured Goods 7.1 107.4 105.1 -3.0 -6.2 3.0 -0.6 -2.1
Canada 18.9 99.1 98.9 -0.9 -0.7 0.3 -0.2 -0.2
Manufactured Goods 16.5 98.7 98.7 0.5 -0.1 0.0 0.1 0.0
Nonmanufactured Goods 2.2 105.2 103.5 -9.3 -4.8 1.8 -2.1 -1.6
4/ European Union 17.0 101.1 100.8 -1.2 -0.6 -0.1 0.2 -0.3
Manufactured Goods 16.4 100.8 100.5 -1.2 -0.1 -0.2 0.1 -0.3
Nonmanufactured Goods 0.5 113.9 110.3 -2.0 -12.9 3.2 2.4 -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 15 countries
5 Includes Hong Kong, Singapore, South Korea, and Taiwan.
Table 9 U.S. International Price Indexes and Percent Changes for Selected Categories of Services.
June 1996-June 1997 1995 = 100
Index Percent Change
Annual Quarterly
Trade June June Sept. Dec. March
Description (Mil. 1996 1996 1996 1996 1997
of March June to to to to to
Dollars) 1997 1997 June Sept. Dec. March June
1997 1996 1996 1997 1997
Air Freight (Inbound) 5495 89.5 89.9 -5.5 0.5 -0.6 -5.8 0.4
Atlantic 1880 89.7 88.9 -4.6 1.8 1.8 -7.1 -0.9
Pacific 3151 89.8 91.1 -5.3 -0.6 -1.7 -4.5 1.4
Air Freight (Outbound) 5835 99.8 99.2 -0.2 -0.5 0.3 0.6 -0.6
Atlantic 2080 99.9 99.4 0.5 -0.2 0.3 0.9 -0.5
Pacific 3222 100.3 100.0 -0.7 -0.9 0.4 0.1 -0.3
Air Passenger Fares (U.S. Carrier) 30673 97.1 113.0 8.3 2.9 -5.3 -4.4 16.4
1/ Atlantic 8811 97.5 118.3 8.9 6.0 -13.5 -2.1 21.3
1/ Pacific 15900 86.4 102.2 1.9 -1.7 -3.7 -9.1 18.3
1/ Latin American / Caribbean 4542 106.8 114.9 11.9 0.2 0.0 3.8 7.6
Canadian 1367 155.7 162.6 52.2 15.7 24.3 1.4 4.4
Air Passenger Fares (Foreign Carrier) 31694 98.5 106.1 3.0 2.4 -4.5 -2.2 7.7
1/ Atlantic 13572 97.1 110.2 4.1 4.0 -8.9 -3.2 13.5
1/ Pacific 12570 92.3 96.4 -0.5 -2.6 -0.2 -2.0 4.4
1/ Latin American / Caribbean 4224 104.5 104.8 2.6 1.3 0.2 0.9 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) 12253 97.6 96.8 -2.8 -1.6 0.4 -0.8 -0.8
U.S. East Coast 5410 99.8 99.6 -1.9 -0.8 1.0 -1.9 -0.2
from Atlantic 2647 99.4 98.7 -3.7 -1.4 0.3 -2.0 -0.7
from Pacific 1874 98.4 98.9 0.3 -0.2 0.1 -0.1 0.5
U.S. West Coast 6844 95.4 94.1 -3.8 -2.5 0.0 0.0 -1.4
from Pacific 6347 95.1 93.9 -3.6 -2.5 -0.2 0.3 -1.3
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
Annual Quarterly
Trade June June Sept. Dec. March
Description (Mil. 1996 1996 1996 1996 1997
of March June to to to to to
Dollars) 1997 1997 June Sept. Dec. March June
1997 1996 1996 1997 1997
IMPORT
Air Freight 3188 90.1 90.7 -6.6 -0.3 -1.2 -5.8 0.7
Atlantic 1278 91.2 91.2 -5.5 2.0 -0.2 -7.1 0.0
Pacific 1674 90.5 91.8 -6.4 -1.4 -2.0 -4.5 1.4
Air Passenger Fares 11127 100.5 113.2 8.3 -1.4 -2.9 0.5 12.6
1/ Atlantic 4922 100.3 121.2 14.2 -0.3 -7.0 1.9 20.8
1/ Pacific 2340 98.1 111.4 9.9 -9.2 7.5 -0.9 13.6
1/ Latin American / Caribbean 3021 105.1 106.1 3.4 1.4 0.1 1.0 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 9868 98.0 97.1 -3.1 -1.3 -0.3 -0.6 -0.9
U.S. East Coast 4271 100.5 100.6 -1.1 -0.1 0.1 -1.2 0.1
from Atlantic 1952 100.4 99.9 -2.8 0.2 -0.1 -2.4 -0.5
from Pacific 1774 100.2 100.8 0.4 -0.2 0.2 -0.2 0.6
U.S. West Coast 5596 95.4 93.9 -4.9 -2.4 -0.6 -0.3 -1.6
from Pacific 5126 95.0 93.5 -4.8 -2.5 -0.8 0.1 -1.6
EXPORT
Air Freight (9612 = 100) 2562 98.5 97.8 n.a. n.a. n.a. -1.5 -0.7
Air Passenger Fares 17272 89.8 103.1 3.7 3.5 -3.1 -9.9 14.8
1/ Atlantic 4120 98.6 109.9 4.8 8.3 -7.8 -5.8 11.5
1/ Pacific 10700 75.5 91.1 -2.8 0.2 -4.6 -15.7 20.7
Latin American / Caribbean 1392 101.8 106.9 6.9 0.8 0.8 0.2 5.0
Canadian 1006 155.0 158.8 47.3 7.1 26.3 6.3 2.5
1 Detailed data available upon request. n.a. N
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
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
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