Full text of June 1997 : Text File, USDL-97-234
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Technical Information
Jim Thomas (202) 606-7155 USDL-97-234
Bill Alterman (202) 606-7108 For release: 10:00 A.M. E.D.T.
Media contact: Friday, July 18, 1997
Kathryn Hoyle (202) 606-5902
Internet Address: http://stats.bls.gov/ipphome.htm
U.S. IMPORT AND EXPORT PRICE INDEXES
-JUNE 1997-
The U.S. Import Price Index increased 0.4 percent in June, the
Bureau of Labor Statistics of the U.S. Department of Labor reported
today. A rise in both imported petroleum prices and nonpetroleum
prices contributed to the increase. The U.S. Export Price Index fell
for the third straight month, dipping 0.1 percent in June, due to a
continued decline in agricultural prices.
Percent changes in import and export price indexes
by End Use category
- not seasonally adjusted -
IMPORTS EXPORTS
Month Non- Agri- Nonagri-
All Petroleum petroleum All cultural cultural
Imports Imports Imports Exports Exports Exports
1996
June -1.1 -5.8 -0.4 -0.2 -2.2 0.1
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 r -0.4 0.1 1.5 r -0.1
April -1.1 r -7.4 r -0.5 r -0.7 -6.9 0.1
May 0.0 1.1 r -0.1 -0.2 -1.1 -0.1
June 0.4 2.4 0.2 -0.1 -1.9 0.1
June 1995-96 -0.7 5.6 -1.3 0.9 20.3 -1.6
June 1996-97 -1.4 -1.8 -1.7 -2.7 -19.8 -0.1
r = revised to reflect late reports and corrections by respondents.
Import Goods
The June increase in import prices was the first in six months.
Despite the June increase, import prices were down 1.4 percent over
the past year. Petroleum import prices continued a recent upturn,
gaining 2.4 percent in June after increasing 1.1 percent in May. The
recent gains in this volatile index followed monthly declines of 8.0
percent on average over the prior three months. For the year ended
in June, petroleum prices dropped 1.8 percent. Nonpetroleum import
prices also increased this month, rising 0.2 percent after decreasing
in the previous five months. For the year, this index was down 1.7
percent.
Import prices for automotive vehicles, parts, and engines rose
0.5 percent in June and had the largest impact on the nonpetroleum
index. This was the largest increase in the auto index since May
1995, also 0.5 percent. The capital goods index rose 0.2 percent in
June, the first increase since September and only the third in the
past two years. The turnaround paralleled the relative strengthening
of foreign currencies versus the dollar. The indexes for foods,
feeds, and beverages and for industrial supplies and materials
excluding petroleum also contributed to the increase in June, rising
1.1 percent and 0.2 percent, respectively.
In contrast, the price index for consumer goods reversed in
June, dipping 0.1 percent after posting a moderate 0.2 percent gain
in May.
Export Goods
Export prices edged down 0.1 percent in June after falling 0.2
percent and 0.7 percent in May and April, respectively. For the year
ended in June, export prices fell 2.7 percent. For the third
consecutive month the decline was largely attributable to falling
agricultural export prices, down 1.9 percent. The recent three-month
decline continued to be led by a downturn in corn and wheat prices.
Over the past year, the index for agricultural exports fell 19.8
percent, in contrast to a 20.3 percent increase over the June 1995-96
period. Prices for nonagricultural exports edged up 0.1 percent in
June, continuing a year long trend of changing no more than 0.2
percent in either direction.
The major finished goods categories recorded little movement in
June. The price index for capital goods, which accounts for more
than 40 percent of the aggregate export index, posted a slight 0.1
percent increase in June after decreasing 0.3 percent in May. The
modest increase was only the second monthly gain posted over the past
year. The indexes for both consumer goods and automotive vehicles,
parts, and engines were unchanged in June.
Nonagricultural industrial supplies and materials rose 0.4
percent in June after edging up 0.1 percent in each of the previous
two months.
Imports by Locality of Origin
The price index for imports from Japan rose 0.2 percent after
decreasing for nine consecutive months. (See table 7.) Despite the
June increase, the index was down 4.7 percent over the past year.
Prices for imports from Canada rose 0.1 percent on average in
June, the same as last month. For the June 1996-1997 period, the
index was down 0.8 percent.
Import prices from the European Union were unchanged last month
after decreasing in the previous four months. Over the past year,
the index was down 1.2 percent.
In contrast, prices of imports from the Asian Newly
Industrialized Countries dropped 0.7 percent in June, the largest
monthly decline in this index since monthly publication began in
1993. The decrease followed a 0.3 percent decline in May and
contributed to the 3.4 percent decline over the past year.
Import and Export Services
The Import Air Freight Index edged up 0.7 percent in the second
quarter, reversing the downward trend of the last five consecutive
quarters. The increase was due to a 1.4 percent rise in the Pacific
region. In contrast to the gain in the Import Air Freight Index, the
Export Air Freight Index continued to fall, decreasing 0.7 percent.
During the second quarter, the Import Air Passenger Fares Index
posted a gain of 12.6 percent. The most significant contributors to
this increase were the Atlantic and Pacific regions which advanced
20.8 percent and 13.6 percent, respectively. The Export Air
Passenger Fares Index also recorded a significant increase in the
first quarter, advancing 14.8 percent. The jump in the Export Air
Passenger Fares Index was due to gains in all regions.
The Import Ocean Liner Freight Index continued its downward
movement for the fifth consecutive quarter with a 0.9 percent
decrease. The drop reflected a decline in the U.S. West Coast region
of 1.6 percent and was moderated by a slight increase in the U.S.
East Coast region of 0.1 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 July are scheduled for release
on August 19 at 10:00 a.m. (EDT).
Table 1 U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods, June 1996-June 1997
1995=100, unless otherwise noted
Index Percent Change
Relative
Import- Annual Monthly
ance June Feb. March April May
END Description 1996 1997 1997 1997 1997
USE May May June to to to to to
1997 1997 1997 June March April May June
1/ 2/ 1997 1997 1997 1997 1997
ALL COMMODITIES 100.000 98.3 98.7 -1.4 -1.3 -1.1 0.0 0.4
ALL IMPORTS EXCLUDING PETROLEUM 91.538 97.2 97.4 -1.7 -0.4 -0.5 -0.1 0.2
0 FOODS, FEEDS, & BEVERAGES 4.823 101.2 102.3 4.0 2.9 -1.8 1.6 1.1
00 Agricultural foods, feeds & beverages,
excluding distilled beverages 3.505 101.0 101.9 3.7 4.1 -2.8 2.0 0.9
01 Nonagricultural foods (fish, distilled
beverages) 1.318 101.7 103.2 4.6 0.0 0.8 0.8 1.5
1 INDUSTRIAL SUPPLIES & MATERIALS 26.925 100.9 101.8 -0.7 -4.0 -2.9 0.5 0.9
INDUSTRIAL SUPPLIES & MATERIALS
EXCLUDING PETROLEUM 18.464 97.8 98.0 -0.7 -1.3 -0.9 0.3 0.2
INDUSTRIAL SUPPLIES & MATERIALS,
DURABLE 9.850 99.9 100.3 1.1 1.0 -0.2 0.4 0.4
INDUSTRIAL SUPPLIES & MATERIALS,
NONDURABLE EXCLUDING PETROLEUM 8.613 95.5 95.4 -3.0 -3.8 -1.7 0.3 -0.1
10 Fuels & lubricants 9.513 106.5 108.9 -2.0 -10.8 -7.4 0.7 2.3
100 Petroleum & petroleum products 8.462 106.5 109.1 -1.8 -8.7 -7.4 1.1 2.4
10000 Crude 6.749 107.0 109.6 -1.4 -9.3 -7.8 2.2 2.4
11 Paper & paper base stocks 1.774 82.0 81.7 -10.2 1.0 0.4 2.4 -0.4
12 Materials associated with nondurable
supplies & materials 5.998 96.2 95.9 -1.8 0.1 -0.8 0.1 -0.3
13 Selected building materials 2.229 114.8 112.3 4.9 0.6 -0.9 1.0 -2.2
14 Unfinished metals associated with
durable goods 4.494 96.2 98.2 1.9 2.0 0.3 0.4 2.1
15 Finished metals associated with durable
goods 1.439 97.0 96.7 -2.1 -0.5 -0.1 -0.1 -0.3
16 Nonmetals associated with durable goods 1.479 95.8 95.9 -2.8 -0.6 -0.6 -0.3 0.1
2 CAPITAL GOODS 28.708 92.0 92.2 -5.2 -0.4 -1.0 -0.6 0.2
20 Electric & electrical generating
equipment 3.345 97.5 97.3 -2.0 -0.8 0.1 -0.2 -0.2
21 Nonelectrical machinery 23.699 90.0 90.2 -6.5 -0.4 -1.1 -0.8 0.2
3 AUTOMOTIVE VEHICLES, PARTS & ENGINES 17.521 100.3 100.8 0.4 0.1 -0.2 -0.3 0.5
4 CONSUMER GOODS, EXCLUDING AUTOMOTIVES 22.022 99.8 99.7 -0.6 -0.6 0.0 0.2 -0.1
40 Nondurables, manufactured 10.856 101.3 101.3 0.4 -0.1 0.3 0.5 0.0
41 Durables, manufactured 10.057 98.0 98.0 -2.0 -0.5 -0.1 -0.4 0.0
42 Nonmanufactured consumer goods 1.109 102.7 100.5 2.4 -7.2 -1.5 3.8 -2.1
1 Relative importance figures are based on n.a. Not available
1995 trade values.
2 Data for March, April and May 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, June 1996-June 1997
1995=100, unless otherwise noted
Index Percent Change
Relative
Import- Annual Monthly
ance June Feb. March April May
END Description 1996 1997 1997 1997 1997
USE May May June to to to to to
1997 1997 1997 June March April May June
1/ 2/ 1997 1997 1997 1997 1997
ALL COMMODITIES 100.000 98.8 98.7 -2.7 0.1 -0.7 -0.2 -0.1
AGRICULTURAL COMMODITIES 10.178 96.7 94.9 -19.8 1.5 -6.9 -1.1 -1.9
NONAGRICULTURAL COMMODITIES 89.821 99.0 99.1 -0.1 -0.1 0.1 -0.1 0.1
0 FOODS, FEEDS, & BEVERAGES 9.101 97.0 95.2 -21.7 1.7 -7.5 -1.1 -1.9
00 Agricultural foods, feeds & beverages,
excluding distilled beverages 8.405 98.0 96.0 -23.3 1.9 -8.0 -1.0 -2.0
01 Nonagricultural foods (fish, distilled
beverages) 0.696 88.0 87.6 -3.9 -0.8 -1.4 -1.6 -0.5
1 INDUSTRIAL SUPPLIES & MATERIALS 25.432 95.2 95.6 0.3 0.0 0.0 -0.1 0.4
INDUSTRIAL SUPPLIES & MATERIALS,
DURABLE 9.889 96.1 96.6 -0.5 -0.2 -0.1 -0.1 0.5
INDUSTRIAL SUPPLIES & MATERIALS,
NONDURABLE 15.541 94.7 95.0 0.8 0.2 -0.1 0.0 0.3
10 Agricultural industrial supplies &
materials 1.773 92.6 91.7 -2.2 0.1 -1.9 -1.6 -1.0
NONAGRICULTURAL INDUSTRIAL SUPPLIES &
MATERIALS 23.658 95.5 95.9 0.4 0.0 0.1 0.1 0.4
11 Fuels & lubricants 2.427 110.0 109.9 0.7 -0.6 -0.5 -0.2 -0.1
12 Nonagricultural supplies & materials
excluding fuels & building materials 19.649 92.9 93.4 -0.1 0.2 0.3 0.1 0.5
13 Selected building materials 1.582 95.4 95.6 0.5 -1.5 -1.6 -0.1 0.2
2 CAPITAL GOODS 44.079 100.1 100.2 -0.8 0.0 0.0 -0.3 0.1
20 Electric & electrical generating
Equipment 4.367 100.7 101.3 0.5 0.2 0.2 0.0 0.6
21 Nonelectrical machinery 34.432 97.9 97.7 -2.2 -0.1 -0.1 -0.3 -0.2
3 AUTOMOTIVE VEHICLES, PARTS & ENGINES 9.634 102.1 102.1 1.0 0.2 0.3 -0.1 0.0
4 CONSUMER GOODS, EXCLUDING AUTOMOTIVES 11.754 102.0 102.0 0.7 -0.3 0.1 0.2 0.0
40 Nondurables, manufactured 6.167 101.2 101.1 -0.3 -0.2 -0.3 0.1 -0.1
41 Durables, manufactured 5.047 102.2 102.3 1.5 -0.3 0.6 0.2 0.1
1 Relative importance figures are based on n.a. Not available
1995 trade values.
2 Data for March, April and May 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, June 1996-June 1997
1995=100, unless otherwise noted
Index Percent Change
Relative
Import- Annual Monthly
ance June Feb. March April May
SITC Description 1996 1997 1997 1997 1997
Rev. 3 May May June to to to to to
1997 1997 1997 June March April May June
1/ 2/ 1997 1997 1997 1997 1997
ALL COMMODITIES 100.000 98.3 98.7 -1.4 -1.3 -1.1 0.0 0.4
0 FOOD AND LIVE ANIMALS 4.165 103.1 102.6 8.3 4.7 -2.3 3.6 -0.5
01 Meat and meat preparations 0.354 103.6 101.9 12.7 5.7 1.4 -1.2 -1.6
03 Fish, crustaceans, aquatic invertebrates
and preparations thereof 0.998 101.8 103.3 5.9 -0.4 0.7 1.4 1.5
05 Vegetables and fruit, prepared
fresh or dried 1.099 105.1 92.3 -6.1 6.7 -8.6 3.5 -12.2
07 Coffee, tea, cocoa, spices and
manufactures thereof 0.750 107.9 127.0 52.1 14.9 -0.4 9.9 17.7
3/ Other food and live animals (9612=100) 0.964 103.0 100.3 n.a. 0.8 0.2 3.0 -2.6
1 BEVERAGES AND TOBACCO 0.833 107.0 107.5 3.8 0.2 0.3 -0.2 0.5
11 Beverages 0.699 103.5 104.0 2.6 0.3 0.3 -0.1 0.5
2 CRUDE MATERIALS, INEDIBLE, EXCEPT FUELS 3.060 99.6 97.4 3.3 -3.0 -1.3 1.9 -2.2
23 Crude rubber (including synthetic and
reclaimed) 0.272 82.1 83.9 -7.5 0.2 -4.0 -3.2 2.2
24 Cork and wood 1.151 126.9 122.5 7.8 0.6 -1.0 1.6 -3.5
25 Pulp and waste paper 0.356 64.4 65.8 6.0 -1.2 -1.7 0.9 2.2
28 Metalliferous ores and metal scrap 0.639 105.1 104.5 2.8 0.4 2.9 -0.8 -0.6
29 Crude animal and vegetable materials,
n.e.s. (9612=100) 0.301 117.1 105.2 n.a. -29.0 -10.4 24.2 -10.2
3/ Other crude materials, inedible, except
fuels (9612=100) 0.341 95.6 94.0 n.a. 2.2 -0.1 -2.0 -1.7
3 MINERAL FUELS, LUBRICANTS AND RELATED
MATERIALS 9.196 106.3 108.6 -1.8 -11.0 -7.6 1.0 2.2
33 Petroleum, petroleum products and
related materials 8.062 106.4 108.8 -2.0 -8.6 -7.4 1.6 2.3
34 Gas, natural and manufactured 1.012 110.2 111.8 3.3 -26.2 -9.7 -3.1 1.5
5 CHEMICALS AND RELATED PRODUCTS, N.E.S. 5.562 96.5 96.8 -2.0 -0.1 -1.2 -0.1 0.3
51 Organic chemicals 1.587 96.4 96.3 -2.1 0.5 -3.3 -0.1 -0.1
52 Inorganic chemicals 0.684 100.8 98.7 -1.1 -1.2 -0.4 -0.3 -2.1
53 Dyeing, tanning and coloring materials 0.286 96.8 97.2 -4.8 -0.5 0.2 -0.3 0.4
54 Medicinal and pharmaceutical products 0.895 95.4 96.4 -3.3 -0.6 0.0 -0.6 1.0
55 Essential oils; polishing and cleansing
preps 0.323 98.7 97.8 -2.5 -0.5 0.6 -0.1 -0.9
57 Plastics in primary forms 0.360 90.9 91.6 -5.8 -0.9 -2.2 1.5 0.8
58 Plastics in nonprimary forms 0.542 86.0 90.8 4.2 0.5 0.0 -0.1 5.6
59 Chemical materials and products, n.e.s. 0.657 104.2 103.5 -3.8 -0.1 -0.4 0.0 -0.7
6 MANUFACTURED GOODS CLASSIFIED CHIEFLY
BY MATERIAL 12.480 96.4 96.8 -2.4 0.6 -0.1 0.5 0.4
62 Rubber manufactures, n.e.s. 0.729 97.5 97.7 -2.5 -0.5 0.1 0.0 0.2
63 Cork and wood manufactures other than
furniture 0.557 99.5 99.0 -2.3 -1.3 0.5 -0.2 -0.5
64 Paper, paperboard, and articles of
paper pulp, paper or paper board 1.587 87.9 87.2 -13.6 1.4 0.8 2.6 -0.8
65 Textile yarn, fabrics, made-up
articles, n.e.s., and related product 1.411 100.3 100.6 0.5 0.1 0.2 -0.4 0.3
66 Nonmetallic mineral manufactures,
n.e.s. 2.143 103.2 102.6 1.1 -0.4 -0.4 0.4 -0.6
67 Iron and steel 2.031 96.4 96.6 -1.1 0.2 0.3 -0.1 0.2
68 Nonferrous metals 1.885 91.7 95.3 1.6 3.9 -0.5 1.2 3.9
69 Manufactures of metals, n.e.s. 1.971 98.9 98.7 -1.7 -0.4 -0.5 -0.1 -0.2
7 MACHINERY AND TRANSPORT EQUIPMENT 46.810 95.5 95.7 -2.9 -0.3 -0.6 -0.4 0.2
71 Power generating machinery and
equipment (9612=100) 2.966 99.2 99.2 n.a. -0.3 0.0 -0.3 0.0
72 Machinery specialized for particular
industries 2.667 98.9 99.4 -1.7 -0.9 -0.5 -0.3 0.5
73 Metalworking machinery 0.817 98.0 98.3 -3.0 -2.4 0.1 0.1 0.3
74 General industrial machinery and equip-
ment, n.e.s. and machine parts, n.e.s 3.409 97.9 98.6 -1.9 -1.1 -0.4 -0.2 0.7
75 Computer equipment and office machines 7.342 81.9 81.2 -11.5 -1.4 -1.4 -1.6 -0.9
76 Telecommunications & sound recording
& reproducing apparatus & equipment 4.541 93.0 93.1 -4.3 -0.3 -1.0 -0.5 0.1
77 Electrical machinery and equipment 9.612 89.8 90.4 -5.3 0.7 -0.8 -0.3 0.7
78 Road vehicles 14.415 100.4 100.8 0.4 0.2 -0.2 -0.2 0.4
8 MISCELLANEOUS MANUFACTURED ARTICLES 17.429 100.5 100.4 -0.3 -0.2 0.2 0.2 -0.1
81 Prefabricated buildings; plumbing, heat
& lighting fixtures, n.e.s. 0.381 95.9 95.6 -3.9 -2.7 0.1 -0.2 -0.3
82 Furniture and parts thereof 1.261 103.3 102.8 2.0 0.5 1.1 -0.2 -0.5
83 Travel goods, handbags and similar
containers 0.500 101.0 101.2 0.1 0.3 -0.2 -0.2 0.2
84 Articles of apparel and clothing
accessories 5.836 103.4 103.2 1.7 0.2 0.8 0.9 -0.2
85 Footwear 1.757 100.9 101.0 -0.3 -0.7 0.0 -0.1 0.1
87 Professional, scientific and controlling
instruments and apparatus, n.e.s. 1.578 96.7 97.1 -2.2 -1.3 -0.4 -0.3 0.4
88 Photographic apparatus, equipment and
supplies and optical goods, n.e.s.; 1.339 94.3 94.5 -3.0 -0.7 0.3 -1.4 0.2
89 Miscellaneous manufactured articles,
n.e.s. 4.776 99.7 99.6 -1.3 -0.3 -0.1 0.0 -0.1
1 Relative importance figures are based on n.a. Not available.
1995 trade values.
2 Data for March, April and May 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, June 1996-June 1997
1995=100, unless otherwise noted
Index Percent Change
Relative
Import- Annual Monthly
ance June Feb. March April May
SITC Description 1996 1997 1997 1997 1997
Rev. 3 May May June to to to to to
1997 1997 1997 June March April May June
1/ 2/ 1997 1997 1997 1997 1997
ALL COMMODITIES 100.000 98.8 98.7 -2.7 0.1 -0.7 -0.2 -0.1
0 FOOD AND LIVE ANIMALS 7.425 95.6 93.3 -23.5 1.1 -5.9 -1.7 -2.4
01 Meat and meat preparations 1.142 95.7 95.4 -6.1 2.0 0.3 -1.0 -0.3
03 Fish, crustaceans, aquatic invertebrates
and preparations 0.522 85.9 85.2 -4.7 -1.2 -1.8 -1.8 -0.8
04 Cereals and cereal preparations 2.509 84.9 78.6 -46.0 2.0 -15.1 -4.7 -7.4
05 Vegetables, fruit and nuts,
fresh or dried 1.428 100.6 101.5 -4.0 -0.7 -1.1 0.5 0.9
08 Feeding stuff for animals (not
including unmilled cereals) 0.893 127.7 127.3 3.9 2.0 0.8 1.1 -0.3
09 Miscellaneous edible products and
preparations 0.385 103.7 103.5 0.3 -0.1 0.0 0.4 -0.2
3/ Other food and live animals (9612=100) 0.545 102.8 103.6 n.a. 1.0 0.2 -0.3 0.8
1 BEVERAGES ANB TOBACCO 1.494 100.4 100.8 0.2 -0.2 0.0 0.2 0.4
12 Tobacco and tobacco manufactures 1.233 100.4 100.9 0.3 -0.3 -0.1 0.4 0.5
2 CRUDE MATERIALS, INEDIBLE, EXCEPT FUELS 5.746 88.9 89.5 -0.9 1.1 -5.0 0.5 0.7
21 Hides, skins and furskins, raw 0.358 110.0 102.5 7.1 0.8 -1.6 -3.3 -6.8
22 Oil seeds and oleaginous fruits 1.203 110.8 109.7 -13.6 5.1 -17.9 1.4 -1.0
24 Cork and wood 0.979 94.2 94.3 -0.4 -2.3 -1.9 0.0 0.1
25 Pulp and waste paper 0.698 60.6 66.0 16.2 -1.3 0.5 2.9 8.9
26 Textile fibers and their waste 0.826 83.3 83.3 -8.6 2.4 -2.0 -0.2 0.0
27 Crude fertilizers and crude minerals 0.332 97.3 98.0 1.2 -0.7 0.0 0.4 0.7
28 Metalliferous ores and metal scrap 0.929 90.1 91.9 2.9 1.0 0.1 0.3 2.0
3/ Other crude materials, inedible, except
fuels (9612=100) 0.422 100.2 98.2 n.a. -0.1 -1.6 -0.8 -2.0
3 MINERAL FUELS, LUBRICANTS AND RELATED
MATERIALS 2.134 110.7 110.8 1.6 -0.8 -0.6 0.0 0.1
32 Coal, coke and briquettes 0.695 102.4 101.9 -1.2 0.0 0.3 -0.1 -0.5
33 Petroleum, petroleum products and
related materials 1.307 120.0 119.3 4.9 -1.6 0.3 0.1 -0.6
4 ANIMAL AND VEGETABLE OILS, FATS AND
WAXES 0.438 93.6 94.6 -0.8 -1.1 -3.2 0.2 1.1
5 CHEMICALS AND RELATED PRODUCTS, N.E.S. 10.922 96.8 96.7 -0.4 0.4 -0.2 0.2 -0.1
51 Organic chemicals 2.575 85.3 85.2 -3.0 0.3 -1.2 0.2 -0.1
52 Inorganic chemicals 0.836 99.8 99.7 -4.5 -0.7 0.3 0.2 -0.1
53 Dyeing, tanning and coloring materials 0.494 102.3 102.6 1.8 0.6 -0.4 0.3 0.3
54 Medicinal and pharmaceutical products 1.224 101.6 101.7 -0.1 -0.3 0.8 -0.1 0.1
55 Essential oils; polishing and cleansing
preps 0.753 102.8 102.9 2.1 -0.3 0.1 0.5 0.1
56 Fertilizers (9612=100) 0.557 95.0 96.5 n.a. -1.8 -2.0 0.7 1.6
57 Plastics in primary forms 1.898 97.6 96.9 1.5 2.1 0.1 -0.3 -0.7
58 Plastics in nonprimary forms 0.826 99.4 98.8 -1.1 0.3 -0.2 0.9 -0.6
59 Chemical materials and products, n.e.s. 1.760 104.3 104.1 2.1 0.4 0.5 0.3 -0.2
6 MANUFACTURED GOODS CLASSIFIED CHIEFLY
BY MATERIAL 9.615 97.7 98.2 0.3 0.0 0.3 -0.1 0.5
62 Rubber manufactures, n.e.s. 0.670 103.1 103.3 0.5 0.1 0.3 0.1 0.2
63 Cork and wood manufactures other than
furniture 0.286 90.3 90.7 -1.2 1.1 -1.8 -0.8 0.4
64 Paper, paperboard, and articles of
paper pulp, paper or paperboard 1.489 82.9 83.5 -4.4 -0.1 -1.0 0.7 0.7
65 Textile yarn, fabrics, made-up
articles, n.e.s., and related product 1.404 103.1 103.2 -0.6 -1.0 2.0 -0.6 0.1
66 Nonmetallic mineral manufactures,
n.e.s. 1.287 104.1 104.3 3.1 -0.1 0.0 0.1 0.2
67 Iron and steel 1.101 103.0 103.1 0.4 0.3 -0.2 -0.2 0.1
68 Nonferrous metals 1.269 91.6 93.2 -0.2 -0.8 0.3 -0.4 1.7
69 Manufactures of metals, n.e.s. 1.951 103.6 104.4 2.9 1.0 0.8 -0.4 0.8
7 MACHINERY AND TRANSPORT EQUIPMENT 50.243 100.4 100.7 -0.2 0.0 0.1 -0.2 0.3
71 Power generating machinery and
equipment 4.244 106.5 106.3 1.9 0.4 0.7 0.2 -0.2
72 Machinery specialized for particular
industries 4.628 104.2 104.4 1.7 -0.1 0.1 0.4 0.2
73 Metalworking machinery 0.937 103.9 104.4 2.1 1.3 -0.2 -0.7 0.5
74 General industrial machinery and equip-
ment, n.e.s. and machine parts, n.e.s 4.934 104.4 104.5 2.0 0.3 0.5 -0.2 0.1
75 Computer equipment and office machines 6.662 85.2 84.8 -9.5 -0.2 -0.3 -1.4 -0.5
76 Telecommunications & sound recording
& reproducing apparatus & equipment 3.777 99.6 99.6 -1.5 -0.3 0.0 -0.3 0.0
77 Electrical machinery and equipment 11.852 96.9 96.6 -2.5 -0.2 0.2 0.0 -0.3
78 Road vehicles 8.992 101.7 101.8 0.8 0.3 0.1 -0.2 0.1
8 MISCELLANEOUS MANUFACTURED ARTICLES 11.144 101.7 101.6 0.8 0.0 -0.1 0.3 -0.1
82 Furniture and parts thereof 0.629 103.8 103.7 2.2 0.1 0.0 1.2 -0.1
84 Articles of apparel and clothing
accessories 1.242 101.4 99.4 -0.9 0.1 0.0 0.0 -2.0
87 Professional, scientific and controlling
instruments and apparatus, n.e.s. 3.671 103.3 103.4 1.8 0.1 -0.7 0.2 0.1
88 Photographic apparatus, equipment and
supplies and optical goods, n.e.s. 0.936 98.4 98.7 0.2 -0.3 -0.9 0.9 0.3
89 Miscellaneous manufactured articles,
n.e.s. 4.214 100.6 100.9 0.3 0.1 0.4 0.1 0.3
3/ Other miscellaneous manufactured
articles (9612=100) 0.452 100.9 100.9 n.a. 0.0 0.1 0.1 0.0
1 Relative importance figures are based on n.a. Not available.
1995 trade values.
2 Data for March, April and May 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, June 1996-June 1997
1995=100, unless otherwise noted
Index Percent Change
Relative
Import- Annual Monthly
Harmo- ance June Feb. March April May
nized Description 1996 1997 1997 1997 1997
System May May June to to to to to
1997 1997 1997 June March April May June
1/ 2/ 1997 1997 1997 1997 1997
I LIVE ANIMALS; ANIMAL PRODUCTS 1.557 102.3 100.6 6.7 1.3 0.6 2.1 -1.7
02 Meat and edible meat offal 0.272 98.3 96.1 9.5 6.1 1.1 -1.7 -2.2
03 Fish and crustaceans, molluscs and
other aquatic invertebrates 0.876 102.6 102.8 5.7 -0.4 0.6 1.7 0.2
3/ Other live animals and animal
products (9612=100) 0.409 106.9 101.1 n.a. 2.0 0.4 5.7 -5.4
II VEGETABLE PRODUCTS 1.665 97.8 94.3 7.9 3.4 -6.5 6.9 -3.6
07 Edible vegetables and certain roots and
tubers 0.301 112.5 n.a. n.a. 26.4 -21.2 14.4 n.a.
08 Edible fruit and nuts; peel of citrus
fruit or melons 0.462 103.9 102.6 2.6 0.4 -2.3 -0.6 -1.3
09 Coffee, tea, mate and spices 0.468 97.5 111.5 41.1 14.1 -1.8 10.7 14.4
3/ Other vegetable products 0.435 101.4 96.9 3.2 -14.0 -4.6 6.7 -4.4
IV PREPARED FOODSTUFFS, BEVERAGES, AND
TOBACCO 2.045 101.4 101.9 -1.9 -0.8 0.6 0.0 0.5
20 Preparations of vegetables, fruit,
nuts, or other parts of plants 0.276 93.2 92.3 -17.6 -1.5 -2.9 0.2 -1.0
22 Beverages, spirits, and vinegar 0.731 103.0 103.1 1.8 -0.1 0.3 -0.2 0.1
3/ Other prepared foodstuffs (9612=100) 1.038 100.2 101.3 n.a. -1.1 1.8 0.2 1.1
V MINERAL PRODUCTS 9.777 105.9 108.1 -2.0 -10.8 -7.3 0.8 2.1
26 Ores, slag and ash 0.296 104.0 103.8 6.0 0.6 3.9 0.2 -0.2
27 Mineral fuels, oils and residuals,
bituminous substances and mineral wax 9.252 106.0 108.3 -2.3 -11.3 -7.8 0.9 2.2
VI PRODUCTS OF THE CHEMICAL OR ALLIED
INDUSTRIES 5.232 99.9 99.7 -1.5 0.0 -0.8 -0.2 -0.2
28 Inorganic chemicals 0.862 105.1 103.9 1.0 0.6 0.0 -0.4 -1.1
29 Organic chemicals 1.995 96.5 96.9 -2.3 0.4 -2.9 0.2 0.4
30 Pharmaceutical products 0.547 101.8 102.6 1.0 -0.5 0.6 0.1 0.8
32 Tanning & dyeing extracts; dye &
pigments; varnish & paints; putty 0.285 95.6 96.3 -5.4 -0.3 0.3 -0.5 0.7
37 Photographic or cinematographic goods 0.359 100.4 99.3 1.5 1.0 1.8 -0.3 -1.1
38 Miscellaneaous chemical products
(9612=100) 0.413 98.6 98.5 n.a. -1.1 0.3 -0.5 -0.1
3/ Other products of the chemical or
allied industries (9612=100) 0.772 99.7 97.9 n.a. -0.6 0.3 -0.4 -1.8
VII PLASTICS AND ARTICLES THEREOF; RUBBER
AND ARTICLES THEREOF 2.798 93.0 94.2 -1.8 0.1 -0.7 -0.2 1.3
39 Plastics and articles thereof 1.718 94.6 96.3 0.7 0.6 -0.7 0.4 1.8
40 Rubber and articles thereof 1.080 90.7 91.1 -5.4 -0.5 -1.1 -1.0 0.4
VIII RAW HIDES, SKINS, LEATHER, FURSKINS,
TRAVEL GOODS, ETC 1.002 103.9 103.5 1.5 0.0 -0.4 0.5 -0.4
42 Articles of leather; travel goods, bags,
etc. of various materials 0.803 101.7 101.9 1.1 0.1 0.1 0.2 0.2
IX WOOD, WOOD CHARCOAL, CORK, STRAW, BASKET
AND WICKER 1.753 114.9 111.8 3.1 0.1 -1.0 1.2 -2.7
X WOOD PULP, WASTE AND SCRAP PAPER, PAPER
AND ARTICLES THEREOF 2.315 84.4 84.2 -7.7 0.4 0.1 1.9 -0.2
47 Pulp wood or other fibrous cellulosic
material; waste paper/paperboard 0.357 65.3 66.6 5.7 -1.1 -2.0 1.1 2.0
48 Paper and paperboard; articles of paper
pulp, paper or paperboard 1.602 88.9 88.3 -12.3 1.2 0.7 2.3 -0.7
49 Printed matter 0.356 101.9 101.5 0.9 -1.7 -0.2 1.2 -0.4
XI TEXTILE AND TEXTILE ARTICLES 6.902 102.6 102.3 1.4 0.3 0.7 0.9 -0.3
61 Articles of apparel and clothing
accessories, knitted or crocheted 2.014 101.3 101.5 -0.6 0.2 0.7 -0.2 0.2
62 Articles of apparel and clothing
accessories, not knitted or crocheted 3.352 105.5 104.9 3.3 0.3 1.0 2.0 -0.6
63 Made-up or worn textile articles and
clothing; needlecraft sets; rags 0.337 96.9 97.2 -3.3 0.6 -0.3 -1.2 0.3
3/ Other textile & textile
articles (9612=100) 1.199 100.9 100.7 n.a. 0.4 0.2 -0.2 -0.2
XII FOOTWEAR, HEADGEAR, UMBRELLAS, WHIPS,
ARTIFICIAL FLOWERS, ETC. 2.051 101.1 101.2 -0.1 -0.6 0.1 0.0 0.1
64 Footwear, gaiters and the like; parts
of such articles 1.766 100.7 100.8 -0.4 -0.8 0.0 -0.1 0.1
3/ Other footwear, headgear, umbrellas,
whips, art. flowers, etc. (9612=100) 0.285 101.5 101.6 n.a. 0.2 1.1 0.2 0.1
XIII STONE, PLASTER, CEMENT, ASBESTOS,CERAMIC
GLASS ETC. 1.146 103.5 102.5 -0.2 -0.7 -0.4 0.2 -1.0
69 Ceramic products 0.435 100.6 99.3 -1.8 -0.3 -0.8 -0.4 -1.3
70 Glass and glassware 0.449 104.6 103.4 0.0 -2.1 1.0 -0.2 -1.1
XIV PEARLS, STONES, PRECIOUS METALS,
IMITATION JEWELRY, AND COINS 2.157 97.7 98.3 -1.3 0.9 -0.1 0.4 0.6
XV BASE METALS AND ARTICLES OF BASE METAL 5.843 95.4 96.1 -1.0 0.4 0.0 0.2 0.7
72 Iron and steel 1.738 95.3 95.7 -1.0 0.6 0.1 -0.1 0.4
73 Articles of iron or steel 1.287 98.0 97.8 -3.0 -0.6 -0.4 -0.3 -0.2
74 Copper and articles thereof 0.452 84.6 87.1 -5.3 1.4 0.8 -1.6 3.0
76 Aluminum and articles thereof 0.962 92.8 94.2 1.9 -0.1 -1.0 0.4 1.5
83 Miscellaneous articles of base metal 0.415 103.2 102.0 1.2 0.0 0.7 -0.1 -1.2
3/ Miscellaneous nonferrous metals and
articles, including scrap (9612=100) 0.553 111.4 115.0 n.a. 3.9 2.6 3.7 3.2
XVI MACHINERY, ELECTRICAL EQUIPMENT, TV
IMAGE & SOUND RECORDERS, PARTS, ETC. 30.702 91.8 92.1 -5.1 -0.3 -1.1 -0.6 0.3
84 Specialized machinery & computer
equipment 16.161 93.2 93.2 -4.4 -1.0 -1.2 -0.6 0.0
85 Electrical machinery and equip, sound
and TV recorders & reproducers, parts 14.541 90.3 90.9 -5.6 0.4 -1.1 -0.4 0.7
XVII VEHICLES, AIRCRAFT, VESSELS AND
ASSOCIATED TRANSPORT EQUIPMENT 15.591 100.5 101.0 0.5 0.1 -0.2 -0.3 0.5
87 Motor vehicles and their parts 14.734 100.3 100.8 0.3 0.1 -0.1 -0.3 0.5
XVIII OPTICAL, PHOTO, MEASURING, MEDICAL &
MUSICAL INSTRUMENTS; CLOCKS & WATCHES 3.515 94.0 94.3 -4.1 -1.1 -0.2 -0.8 0.3
90 Optical, photographic, measuring and
medical instruments 3.000 93.9 94.2 -4.0 -1.0 -0.3 -0.8 0.3
91 Clocks and watches and parts thereof 0.371 94.1 94.3 -4.3 -1.8 -0.2 -0.6 0.2
XX MISCELLANEOUS MANUFACTURED ARTICLES 3.683 99.9 99.8 -0.9 -0.3 0.5 -0.3 -0.1
94 Furniture; stuffed furnishings; lamps
and lighting fittings nes; 1.586 100.4 100.1 0.3 -0.2 0.8 -0.2 -0.3
95 Toys, games and sports equipment; parts
and accessories thereof 1.817 100.7 100.5 -1.5 -0.2 0.1 -0.1 -0.2
96 Miscellaneous manufactured articles 0.280 93.1 94.3 -2.9 -0.3 1.1 -1.9 1.3
1 Relative importance figures are based on n.a. Not available
1995 trade values.
2 Data for March, April and May 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, June 1996-June 1997
1995=100, unless otherwise noted
Index Percent Change
Relative
Import- Annual Monthly
Harmo- ance June Feb. March April May
nized Description 1996 1997 1997 1997 1997
System May May June to to to to to
1997 1997 1997 June March April May June
1/ 2/ 1997 1997 1997 1997 1997
I LIVE ANIMALS; ANIMAL PRODUCTS 1.886 94.5 93.9 -2.6 0.6 -0.4 -1.0 -0.6
02 Meat & edible meat offal 1.062 93.6 93.3 -6.6 1.9 0.4 -1.2 -0.3
03 Fish and crustaceans, molluscs and
other aquatic invertebrates 0.466 84.4 83.6 -5.7 -1.2 -2.0 -1.1 -0.9
3/ Other live animals and animal
products (9612=100) 0.358 98.5 97.2 n.a. -0.4 -0.7 -0.9 -1.3
II VEGETABLE PRODUCTS 4.976 93.2 89.8 -33.1 2.3 -12.7 -1.9 -3.6
07 Edible vegetables and certain roots and
tubers 0.302 95.6 92.4 -9.5 4.1 -4.6 0.8 -3.3
08 Edible fruit and nuts; peel of citrus
fruit or melons 0.722 98.7 101.9 -3.9 -3.0 -0.2 0.8 3.2
10 Cereals 2.275 82.9 76.2 -49.0 2.1 -16.3 -5.3 -8.1
12 Oilseeds and misc. grains, seeds,
fruits, plants, straw and fodder 1.387 111.2 109.6 -12.0 4.6 -15.7 0.9 -1.4
III ANIMAL OR VEGETABLE FATS AND OILS 0.472 93.8 94.2 -2.7 -1.4 -2.8 0.3 0.4
IV PREPARED FOODSTUFFS, BEVERAGES, AND
TOBACCO 3.608 105.6 105.6 -0.3 0.1 0.2 -0.1 0.0
20 Preparations of vegetables, fruit,
nuts, or other parts of plants 0.382 107.2 107.1 -1.5 -0.5 -0.2 -1.9 -0.1
21 Miscellaneous edible preparations 0.357 104.5 104.3 1.4 0.0 0.0 0.4 -0.2
22 Beverages, spirits, and vinegar 0.329 99.5 99.4 -2.5 0.2 0.1 -0.5 -0.1
23 Residues and waste from the food
industries; prepared animal feed 0.804 124.2 123.1 -0.1 0.8 0.7 0.6 -0.9
24 Tobacco and manufactured tobacco
substitutes 1.240 100.4 100.9 0.3 -0.3 -0.1 0.4 0.5
3/ Other prepared foods 0.497 100.2 100.5 -1.2 -0.1 0.5 -0.5 0.3
V MINERAL PRODUCTS 2.758 108.7 109.1 2.5 -1.1 -0.5 0.0 0.4
27 Mineral fuels, oils and residuals,
bituminous substances and mineral wax 2.210 112.8 112.7 2.5 -1.0 -0.6 0.1 -0.1
VI PRODUCTS OF THE CHEMICAL OR ALLIED
INDUSTRIES 8.848 97.3 97.4 -0.6 -0.2 -0.3 0.3 0.1
28 Inorganic chemicals 0.928 102.0 102.0 -2.3 -0.9 0.5 0.3 0.0
29 Organic chemicals 2.898 89.0 88.9 -2.5 0.1 -0.7 0.2 -0.1
30 Pharmaceutical products 0.880 100.7 100.7 -0.2 -0.3 0.1 -0.1 0.0
31 Fertilizers (9612=100) 0.618 95.0 96.5 n.a. -1.8 -2.0 0.7 1.6
32 Tanning or dyeing extracts; dyes and
pigments; paints & varnish; putty;ink 0.503 102.1 102.3 1.4 0.7 -0.5 0.4 0.2
33 Essential oils and resinoids;
perfumery, cosmetic or toilet 0.530 103.5 103.6 2.9 0.0 0.0 0.7 0.1
34 Soap; lubricants; waxes, polishing or
scouring products; candles, pastes 0.307 101.3 101.3 0.9 -0.5 0.1 0.3 0.0
37 Photographic or cinematographic goods 0.425 94.9 95.1 -1.9 -0.5 -2.0 0.1 0.2
38 Miscellaneous chemical products 1.538 104.1 103.8 1.6 0.5 0.3 0.3 -0.3
VII PLASTICS AND ARTICLES THEREOF; RUBBER
AND ARTICLES THEREOF 4.393 98.6 98.3 0.2 1.0 -0.2 0.1 -0.3
39 Plastics and articles thereof 3.488 98.2 97.9 0.3 1.3 -0.1 0.2 -0.3
40 Rubber and articles thereof 0.905 100.2 99.7 -0.3 -0.1 -0.6 -0.1 -0.5
VIII RAW HIDES, SKINS, LEATHER, FURSKINS,
TRAVEL GOODS, ETC. 0.596 102.6 98.9 5.2 -0.4 -0.9 -1.4 -3.6
41 Raw hides and skins (other than
furskins) and leather 0.431 99.7 94.2 8.4 2.0 -1.1 -2.3 -5.5
IX WOOD, WOOD CHARCOAL, CORK, STRAW, BASKET
AND WICKER 1.292 94.0 94.1 -0.2 -1.5 -1.8 -0.2 0.1
X WOOD PULP, WASTE AND SCRAP PAPER, PAPER
AND ARTICLES THEREOF 2.861 75.7 77.4 -0.4 -0.5 -0.8 1.3 2.2
47 Pulp wood or other fibrous cellulosic
material; waste paper/paperboard 0.636 57.4 61.7 5.8 -2.1 -0.2 2.0 7.5
48 Paper and paperboard; articles of paper
pulp, paper or paperboard 1.443 82.7 83.4 -5.2 0.4 -1.8 1.0 0.8
49 Printed material 0.782 105.7 106.5 3.6 -1.0 0.6 1.6 0.8
XI TEXTILE AND TEXTILE ARTICLES 3.226 93.4 91.9 -5.1 0.2 0.3 -0.3 -1.6
52 Cotton, including yarns and woven
fabrics thereof 0.710 83.0 83.0 -9.5 0.5 -1.5 -0.2 0.0
XIII STONE, PLASTER, CEMENT, ASBESTOS,
CERAMIC, GLASS ETC. 0.845 103.2 103.3 2.1 -0.2 0.1 0.0 0.1
70 Glass and glassware 0.483 101.0 101.2 0.8 -0.2 0.1 -0.1 0.2
XIV PEARLS, STONES, PRECIOUS METALS,
IMITATION JEWELRY, AND COINS 1.872 97.0 98.6 -2.6 -0.5 1.0 -0.8 1.6
XV BASE METALS AND ARTICLES OF BASE METALS 4.611 96.4 97.1 0.1 0.8 0.5 -0.5 0.7
72 Iron and steel 0.966 93.5 94.7 -3.2 0.2 0.5 -1.1 1.3
73 Articles of iron or steel 1.230 106.1 106.6 4.4 2.9 0.5 -0.4 0.5
74 Copper and articles thereof 0.454 87.5 87.9 -6.7 2.2 0.8 -0.9 0.5
76 Aluminum and articles thereof 0.878 88.9 89.4 0.8 -0.3 0.1 -0.2 0.6
82 Tools, implements, cutlery, spoons and
forks, of base metal; parts thereof 0.408 103.0 103.1 0.7 -0.3 -0.4 -0.2 0.1
83 Miscellaneous articles of base metal 0.369 99.8 101.4 1.5 0.0 0.6 -0.3 1.6
XVI MACHINERY, ELECTRICAL EQUIPMENT, TV
IMAGE AND SOUND RECORDERS, PARTS, ETC 36.949 97.8 97.6 -2.3 -0.1 0.1 -0.3 -0.2
84 Specialized machinery & computer
equipment 20.329 98.0 98.0 -1.9 -0.1 0.1 -0.5 0.0
85 Electrical machinery and equip, sound
& tv recorders & reproducers, parts 16.620 97.5 97.3 -2.4 0.0 0.1 -0.1 -0.2
XVII VEHICLES, AIRCRAFT, VESSELS AND
ASSOCIATED TRANSPORT EQUIPMENT 13.483 103.8 104.7 2.5 0.2 0.1 -0.1 0.9
87 Motor vehicles and their parts 9.415 101.8 102.0 0.9 0.3 0.0 -0.1 0.2
XVIII OPTICAL, PHOTO, MEASURING, MEDICAL &
MUSICAL INSTRUMENTS; CLOCKS & WATCHES 5.344 102.1 102.6 1.3 -0.3 -0.2 0.0 0.5
XX MISCELLANEOUS MANUFACTURED ARTICLES 1.763 102.2 102.2 1.1 0.1 0.0 0.5 0.0
94 Furniture; stuffed furnishings;
lamps and lighting fittings nesoi; 0.867 103.9 103.9 2.1 0.0 0.0 1.1 0.0
95 Toys, games and sports equipment; parts
and accessories thereof 0.724 100.5 100.5 0.1 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 March, April and May 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,June 1996-June 1997
1995=100, unless otherwise noted
Index Percent Change
Percentage
of Annual Monthly
US Imports June Feb. March April May
Description 1/ 1996 1997 1997 1997 1997
1995 May June to to to to to
1997 1997 June March April May June
2/ 1997 1997 1997 1997 1997
3/ Developed Countries 55.6 97.3 97.4 -2.3 -1.1 -0.8 -0.2 0.1
Manufactured Goods 52.2 97.0 97.1 -2.2 -0.4 -0.4 -0.3 0.1
Nonmanufactured Goods 3.1 105.3 105.3 -4.3 -11.0 -6.6 1.2 0.0
3/ Developing Countries 42.7 102.2 102.8 1.3 -1.0 -1.2 0.3 0.6
Manufactured Goods 35.4 99.9 99.9 -0.4 0.2 -0.2 -0.2 0.0
Nonmanufactured Goods 7.1 108.1 111.5 4.9 -5.7 -6.3 3.1 3.1
Canada 18.9 99.1 99.2 -0.8 -1.2 -0.7 0.1 0.1
Manufactured Goods 16.5 98.6 98.7 0.0 0.8 -0.1 0.0 0.1
Nonmanufactured Goods 2.2 106.5 106.6 -5.0 -12.9 -4.8 0.9 0.1
4/ European Union 17.0 100.9 100.9 -1.2 -1.0 -0.6 -0.1 0.0
Manufactured Goods 16.4 100.6 100.7 -1.1 -0.7 -0.2 -0.2 0.1
Nonmanufactured Goods 0.5 110.1 110.5 -1.1 -6.1 -12.9 2.1 0.4
Japan 16.6 92.8 93.0 -4.7 -0.4 -0.7 -0.7 0.2
5/ Asian Newly Industrialized Countries 10.9 96.1 95.4 -3.4 0.0 0.1 -0.3 -0.7
1 Regions are not mutually exclusive.
2 Data for March, April and May 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
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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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