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Technical Information: David Mead (202) 606-7154 Bill Alterman (202) 606-7108 Media contact: Kathryn Hoyle (202) 606-5902 Internet Address: http://stats.bls.gov/ipphome.htm USDL-98-294 Transmission of This Material is Embargoed Until: 10:00 A.M. E.D.T. Wednesday, July 15, 1998 U.S. IMPORT AND EXPORT PRICE INDEXES -JUNE 1998The U.S. Import Price Index declined 0.5 percent in June, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. The decrease marked the eighth consecutive month that this index has declined. The U.S. Export Price Index fell 0.6 percent in June, resuming a trend of declining prices following a 0.1 percent increase in May. Percent changes in import and export price indexes by End Use category - not seasonally adjusted IMPORTS EXPORTS Month 1997 June July August September October November December 1998 January February March April May June All Imports Petroleum Imports Nonpetroleum Imports All Exports Agricultural Exports Nonagricultural Exports -0.1 -0.2 -0.1 -0.1 0.2 -0.4 -1.0 -2.0 -1.3 2.3 0.2 5.6 -3.5 -6.8 0.1 -0.2 -0.3 0.0 -0.3 -0.2 -0.4 -0.1 0.0 0.0 -0.3 -0.4 0.0 -0.4 -2.0 -1.1 0.1 -0.1 -1.8 0.7 -0.8 0.1 0.0 0.0 -0.3 -0.2 -0.1 -0.4 -1.3 -0.9 -0.8 -0.3 -0.1 -0.5 -10.0 -6.5 -9.0 r 0.5 r 0.1 r -3.9 -0.6 -0.4 -0.3 -0.3 -0.2 r -0.3 -0.7 -0.3 -0.3 -0.4 0.1 -0.6 -2.7 -1.5 -0.5 r -1.6 r 1.0 r -0.2 -0.4 -0.2 -0.3 -0.2 -0.1 -0.5 June 1996-97 -1.9 -5.9 -1.8 -2.1 -14.4 -0.1 June 1997-98 -5.6 -28.8 -3.6 -3.3 -8.3 -2.7 r = revised to reflect late reports and corrections by respondents. Import Goods The June drop in import prices was attributable to declines for both petroleum and nonpetroleum import prices. For the year ended in June, overall import prices fell 5.6 percent. Prices for petroleum imports declined 3.9 percent in June, resuming a downward trend for the year after slight increases of 0.1 percent and 0.5 percent in May and April, respectively. Over the June 1997-98 period, the index of imported petroleum prices fell 28.8 percent. The price index of nonpetroleum imports decreased 0.3 percent in June and has declined or posted no change in each of the past 12 months. Over the year, the index was down 3.6 percent. The June decrease in nonpetroleum import prices was led by the price indexes of nonpetroleum industrial supplies and materials and of capital goods, down 1.0 percent and 0.6 percent, respectively. Prices for nonpetroleum industrial supplies and materials fell in six of the last seven months and were down 4.5 percent for the year ended in June. Imported capital goods prices have declined consistently since the middle of 1995 and fell 6.9 percent over the past 12 months. The price index of imported consumer goods also decreased, down 0.1 percent in June and 1.3 percent over the June 1997-98 period. In contrast, the price indexes for imported foods, feeds, and beverages and for automotive vehicles both increased in June, rising 0.5 percent and 0.1 percent, respectively. For the year ended in June, imported foods, feeds, and beverages prices fell 4.9 percent, while automotive vehicle prices rose 0.4 percent. Export Goods Price declines in both nonagricultural and agricultural exports contributed to the 0.6 percent decline in overall export prices in June. Over the last 12 months, the index of export prices fell 3.3 percent. Nonagricultural export prices fell 0.5 percent in June, the largest monthly decline in this index since November 1989. The index posted a decline or no change in each of the last 12 months and was down 2.7 percent over that period. Prices for agricultural exports fell 0.2 percent in June after rising 1.0 percent in the previous month. Despite the upturn in May, the index was still down 8.3 percent for the year ended in June. Price declines were widespread for nonagricultural exports in June, led by a 0.8 percent decrease in the price index of capital goods. The drop in capital goods prices was the largest monthly decline since the index was first published monthly in 1989. For the year ended in June, exported capital goods fell 2.7 percent. The price indexes of nonagricultural industrial supplies and materials and of consumer goods also declined in June, down 0.7 percent and 0.3 percent, respectively. The drop in prices for nonagricultural industrial supplies and materials was the eleventh in a row. Overall, the index fell 5.5 percent for the past year, while exported consumer goods prices posted no change. The price index of exported automotive vehicles was unchanged in Over the past 12 months, the index rose 0.2 percent. June. Imports by Locality of Origin The price index of imports from the Asian Newly Industrialized Countries continued to decline in June, down 1.2 percent. The decrease was similar to the May decline and marked the seventh time in the last eight months that this index posted a monthly decline of at least 0.8 percent. For the year ended in June, the index was down 8.8 percent. (See table 7.) Prices for imports from Japan also continued a downward trend, falling 0.7 percent in June. Over the past 12 months, the index was down 4.8 percent. The import price indexes for both Canada and Latin America posted declines in June, decreasing 1.0 percent and 0.3 percent, respectively. The index for imports from Canada was down 2.9 percent from a year ago. In contrast, the price index for imports from the European Union rose in June, up 0.3 percent. Despite increasing in the past two months, the index was down 1.0 percent for the year ended in June. Import and Export Services The import price index for air freight rose 1.2 percent from March to June. The increase followed three consecutive quarterly declines. Despite the slight upturn in the June quarter, the index was still down 9.8 percent over the past year. In contrast, the price index of export air freight fell 0.4 percent from March to June. For the year ended in June, exported air freight prices declined 3.4 percent. The import index for air passenger fares rose 9.0 percent from March to June, led by an 18.6 percent rise in the index of air passenger fares from the Atlantic region. Import air passenger fares from the Pacific region also contributed to the increase, rising 7.7 percent in the second quarter. The export air passenger fares index rose a more modest 0.6 percent from March to June. The import index for ocean liner freight rose 8.0 percent from March to June, largely offsetting declines in the previous eight quarters. The increase was primarily led by a 12.2 percent gain in the U.S. West Coast region. 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 13 at 10:00 a.m. (EDT). Table 1 END USE U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods, June 1997-June 1998 1995=100, unless otherwise noted Index Percent Change Relative ImportAnnual Monthly ance June Feb. March Description 1997 1998 1998 May May June to to to 1998 1998 1998 June March April 1/ 2/ 1998 1998 1998 ALL COMMODITIES 100.000 93.2 92.7 -5.6 -0.8 -0.3 April 1998 to May 1998 -0.1 May 1998 to June 1998 -0.5 ALL IMPORTS EXCLUDING PETROLEUM 0 00 01 1 10 100 10000 93.518 94.1 93.8 -3.6 -0.3 -0.3 -0.2 -0.3 4.846 96.4 96.9 -4.9 -0.1 0.8 -1.0 0.5 Agricultural foods, feeds & beverages, excluding distilled beverages 3.398 92.8 92.5 -8.7 -0.2 1.0 -1.6 -0.3 Nonagricultural foods (fish, distilled beverages) 1.448 105.8 108.2 4.9 0.2 0.6 0.3 2.3 25.283 89.8 88.3 -12.1 -2.5 -0.2 0.1 -1.7 18.802 94.4 93.5 -4.5 -0.2 -0.3 0.1 -1.0 9.964 95.7 94.0 -6.1 0.0 -0.2 0.1 -1.8 8.839 92.9 92.7 -2.9 -0.3 -0.5 0.1 -0.2 7.680 81.5 78.7 -25.0 -7.8 0.4 0.2 -3.4 6.483 77.4 74.4 -28.8 -9.0 0.5 0.1 -3.9 4.915 73.9 70.5 -32.0 -9.1 1.5 -1.6 -4.6 FOODS, FEEDS, & BEVERAGES INDUSTRIAL SUPPLIES & MATERIALS INDUSTRIAL SUPPLIES & MATERIALS EXCLUDING PETROLEUM INDUSTRIAL SUPPLIES & MATERIALS, DURABLE INDUSTRIAL SUPPLIES & MATERIALS, NONDURABLE EXCLUDING PETROLEUM Fuels & lubricants Petroleum & petroleum products Crude 11 Paper & paper base stocks 1.847 80.9 81.4 -0.6 0.4 -0.2 -0.6 0.6 12 Materials associated with nondurable supplies & materials 6.005 91.3 91.2 -4.8 -0.4 -0.5 0.0 -0.1 13 Selected building materials 2.099 102.5 99.7 -11.2 -0.1 -0.3 -1.7 -2.7 14 Unfinished metals associated with durable goods 4.704 95.4 93.0 -5.1 0.2 0.1 1.4 -2.5 Finished metals associated with durable goods 1.462 93.0 93.1 -3.6 -0.2 -0.6 -0.9 0.1 Nonmetals associated with durable goods 1.487 91.3 91.4 -4.5 -0.3 -0.8 -0.3 0.1 28.348 86.2 85.7 -6.9 -0.5 -0.6 -0.3 -0.6 3.421 94.6 94.6 -2.6 -0.3 -0.6 -0.3 0.0 23.148 83.4 82.8 -8.1 -0.6 -0.6 -0.4 -0.7 15 16 2 20 21 CAPITAL GOODS Electric & electrical generating equipment Nonelectrical machinery 3 AUTOMOTIVE VEHICLES, PARTS & ENGINES 18.631 101.1 101.2 0.4 0.1 -0.1 -0.2 0.1 4 CONSUMER GOODS, EXCLUDING AUTOMOTIVES 22.891 98.3 98.2 -1.3 -0.6 -0.3 0.0 -0.1 40 Nondurables, manufactured 11.382 100.7 101.0 0.0 -0.1 -0.2 0.0 0.3 41 Durables, manufactured 10.377 95.8 95.3 -2.9 -0.3 -0.4 -0.1 -0.5 42 Nonmanufactured consumer goods 1.131 99.3 98.7 -0.4 -7.3 -0.6 1.8 -0.6 1 2 Relative importance figures are based on 1995 trade values. Data for March, April and May 1998 have been revised to reflect the availability of late reports and corrections by respondents. All data are subject to revision in each of the three months after original publication. NOTE: Table 2 END USE 00 01 Not available Published categories may include price data not shown separately U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods, June 1997-June 1998 1995=100, unless otherwise noted Index Percent Change Relative ImportAnnual Monthly ance June Feb. March Description 1997 1998 1998 May May June to to to 1998 1998 1998 June March April 1/ 2/ 1998 1998 1998 ALL COMMODITIES AGRICULTURAL COMMODITIES NONAGRICULTURAL COMMODITIES 0 n.a. April 1998 to May 1998 May 1998 to June 1998 100.000 10.023 89.977 96.6 93.1 96.9 96.0 92.9 96.4 -3.3 -8.3 -2.7 -0.3 -0.5 -0.3 -0.4 -1.6 -0.2 0.1 1.0 -0.1 -0.6 -0.2 -0.5 9.001 93.8 92.9 -9.2 -0.6 -1.6 1.0 -1.0 Agricultural foods, feeds & beverages, excluding distilled beverages 8.308 94.7 93.8 -9.6 -0.9 -1.7 1.1 -1.0 Nonagricultural foods (fish, distilled beverages) 0.693 85.6 84.7 -3.3 2.9 -0.6 -0.1 -1.1 FOODS, FEEDS, & BEVERAGES 1 INDUSTRIAL SUPPLIES & MATERIALS INDUSTRIAL SUPPLIES & MATERIALS, DURABLE INDUSTRIAL SUPPLIES & MATERIALS, NONDURABLE 10 Agricultural industrial supplies & materials NONAGRICULTURAL INDUSTRIAL SUPPLIES & MATERIALS 11 Fuels & lubricants 12 Nonagricultural supplies & materials excluding fuels & building materials 13 Selected building materials 2 CAPITAL GOODS 20 Electric & electrical generating Equipment 21 Nonelectrical machinery 3 AUTOMOTIVE VEHICLES, PARTS & ENGINES 4 CONSUMER GOODS, EXCLUDING AUTOMOTIVES 24.815 90.9 90.5 -5.2 -0.7 -0.4 -0.1 -0.4 9.681 92.0 91.1 -5.6 -0.2 -0.1 0.0 -1.0 15.134 90.2 90.1 -5.0 -1.1 -0.6 -0.2 -0.1 1.715 87.5 90.4 -1.3 1.3 -1.4 0.6 3.3 23.100 91.1 90.5 -5.5 -0.9 -0.2 -0.3 -0.7 2.308 102.2 100.9 -8.3 -2.6 -1.1 0.0 -1.3 19.323 89.3 88.7 -4.9 -0.7 -0.2 -0.2 -0.7 1.469 86.6 86.1 -9.2 -0.6 -0.6 -1.0 -0.6 44.242 98.3 97.5 -2.7 -0.3 -0.2 0.0 -0.8 4.468 100.8 100.7 -0.4 0.2 -0.5 0.0 -0.1 34.244 95.2 94.2 -3.6 -0.3 -0.3 0.0 -1.1 9.877 102.3 102.3 0.2 0.0 0.1 0.0 0.0 12.065 102.3 102.0 0.0 0.0 -0.3 0.1 -0.3 40 Nondurables, manufactured 6.363 102.1 102.0 0.5 0.1 -0.2 0.0 -0.1 41 Durables, manufactured 5.124 101.5 100.9 -1.1 -0.3 -0.2 0.4 -0.6 1 2 Relative importance figures are based on 1995 trade values. Data for March, April and May 1998 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. n.a. Not available NOTE: Table 3 SITC Rev. 3 Published categories may include price data not shown separately U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods, June 1997-June 1998 1995=100, unless otherwise noted Index Percent Change Relative ImportAnnual Monthly ance June Feb. March Description 1997 1998 1998 May May June to to to 1998 1998 1998 June March April 1/ 2/ 1998 1998 1998 ALL COMMODITIES 0 01 03 05 07 1 11 2 23 24 25 28 29 3 33 34 FOOD AND LIVE ANIMALS Meat and meat preparations Fish, crustaceans, aquatic invertebrates and preparations thereof Vegetables, fruit and nuts, fresh or dried Coffee, tea, cocoa, spices and manufactures thereof 3/ Other food and live animals (9612=100) 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 April 1998 to May 1998 May 1998 to June 1998 100.000 93.2 92.7 -5.6 -0.8 -0.3 -0.1 -0.5 4.150 0.365 97.6 101.3 97.6 98.9 -5.9 -2.9 0.4 -0.1 1.5 0.5 -1.8 -0.4 0.0 -2.4 1.107 107.2 109.3 5.5 0.7 0.3 -0.2 2.0 1.092 99.1 101.9 0.2 2.0 5.4 -1.8 2.8 0.630 0.957 86.1 97.1 82.3 95.9 -30.5 -4.5 -3.2 1.0 -1.2 1.3 -7.3 -0.8 -4.4 -1.2 0.896 0.754 109.3 105.9 109.6 106.3 2.0 2.2 -0.3 -0.1 0.0 0.0 0.1 0.1 0.3 0.4 2.889 89.3 87.5 -10.2 -4.2 -1.4 -0.6 -2.0 0.201 1.019 0.366 0.644 57.7 106.6 62.9 100.6 58.8 101.2 65.3 98.3 -29.9 -17.4 -0.8 -7.1 -1.5 0.5 -0.5 0.4 -4.1 -0.5 -0.8 0.2 -5.9 -3.2 -1.3 0.0 1.9 -5.1 3.8 -2.3 0.313 116.0 113.1 16.2 -30.5 -7.3 13.7 -2.5 0.346 92.0 91.7 -5.7 0.0 -1.6 -1.0 -0.3 7.358 80.8 77.9 -25.5 -7.9 0.4 0.2 -3.6 6.122 1.107 76.7 114.3 73.7 112.5 -29.1 -0.7 -9.1 -2.2 0.8 -1.6 0.0 1.2 -3.9 -1.6 5 51 52 53 54 55 57 58 59 6 62 63 64 65 66 67 68 69 7 71 72 73 74 75 76 77 78 8 81 82 83 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. 5.682 1.594 0.695 0.295 0.943 93.6 91.9 97.2 94.8 95.4 93.7 92.1 97.8 95.3 95.5 -2.8 -3.9 -1.2 -2.7 -0.8 -0.4 -0.6 0.6 0.0 0.0 -0.5 -1.2 0.7 -0.2 -0.3 0.6 1.0 1.8 0.1 -0.1 0.1 0.2 0.6 0.5 0.1 0.326 0.393 0.531 0.677 94.6 94.1 80.0 101.8 94.7 94.0 79.6 101.3 -2.4 2.6 -10.2 -2.1 -2.0 -2.2 -1.3 0.3 -0.3 -0.3 -1.6 -0.4 0.5 0.0 -0.2 0.5 0.1 -0.1 -0.5 -0.5 12.917 0.745 94.7 94.7 94.1 95.0 -2.8 -2.7 -0.1 -0.5 -0.1 0.0 0.1 0.0 -0.6 0.3 0.543 92.0 92.8 -6.3 -1.6 -0.6 -0.3 0.9 1.666 87.6 87.5 0.0 0.5 0.0 -0.3 -0.1 1.447 97.6 97.6 -2.9 0.0 0.1 -0.4 0.0 2.202 2.085 2.039 2.022 100.7 94.0 94.2 96.3 100.7 93.0 91.0 96.7 -1.9 -3.4 -4.3 -2.3 -0.1 -0.9 0.7 -0.2 0.2 -0.5 0.7 -0.4 -0.1 -0.4 2.6 -0.6 0.0 -1.1 -3.4 0.4 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 47.613 92.2 91.9 -4.0 -0.3 -0.4 -0.3 -0.3 3.084 97.9 97.8 -1.4 0.2 -1.8 -0.2 -0.1 2.771 0.851 97.6 96.9 97.6 96.9 -1.7 -1.4 0.0 0.2 -0.5 -0.6 0.0 -0.1 0.0 0.0 3.534 6.695 96.4 70.9 96.6 70.1 -1.7 -13.7 0.1 -1.9 -0.3 -1.5 0.1 -1.4 0.2 -1.1 4.659 9.620 15.309 90.6 85.4 101.2 90.0 84.9 101.1 -3.6 -5.9 0.3 -0.1 -0.2 0.2 -0.1 0.0 0.0 -0.1 -0.1 -0.3 -0.7 -0.6 -0.1 MISCELLANEOUS MANUFACTURED ARTICLES Prefabricated buildings; plumbing, heat & lighting fixtures, n.e.s. Furniture and parts thereof Travel goods, handbags and similar containers 18.040 98.7 98.6 -1.6 -0.1 -0.4 -0.1 -0.1 0.402 1.323 96.0 102.9 96.7 100.0 0.5 -2.8 1.4 -0.2 -0.8 -0.1 0.1 0.1 0.7 -2.8 0.524 100.4 101.1 -0.1 -1.3 0.0 0.9 0.7 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 Manufactures of metals, n.e.s. 84 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. 85 87 88 89 1 2 3 SITC Rev. 3 04 05 102.8 100.8 0.2 -0.3 -0.2 -0.4 -0.1 -0.1 -0.1 0.1 0.3 0.1 1.636 95.2 95.0 -2.2 -0.4 -0.3 0.5 -0.2 1.363 91.2 91.0 -3.6 -0.3 -0.2 -0.4 -0.2 4.851 96.1 96.2 -3.2 0.2 -1.1 -0.3 0.1 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, June 1997-June 1998 1995=100, unless otherwise noted Index Percent Change Relative ImportAnnual Monthly ance June Feb. March Description 1997 1998 1998 May May June to to to 1998 1998 1998 June March April 1/ 2/ 1998 1998 1998 ALL COMMODITIES 0 01 03 102.5 100.7 Relative importance figures are based on 1995 trade values. Data for March, April and May 1998 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 4 6.096 1.847 FOOD AND LIVE ANIMALS Meat and meat preparations Fish, crustaceans, aquatic invertebrates and preparations thereof Cereals and cereal preparations Vegetables, fruit and nuts, April 1998 to May 1998 May 1998 to June 1998 100.000 96.6 96.0 -3.3 -0.3 -0.4 0.1 -0.6 7.229 1.140 91.3 93.7 90.7 97.7 -7.9 2.5 0.0 1.3 -1.8 0.1 0.6 1.6 -0.7 4.3 0.508 2.591 82.0 85.9 80.7 82.6 -5.4 -10.5 2.7 -1.2 -0.6 -4.6 -0.5 -0.3 -1.6 -3.8 08 09 1 12 2 21 22 24 25 26 27 28 3 32 33 4 5 51 52 53 54 55 56 57 58 59 6 62 63 fresh or dried Feeding stuff for animals (not including unmilled cereals) Miscellaneous edible products and preparations 3/ Other food and live animals (9612=100) 1.395 96.4 97.2 -4.3 3.5 1.3 3.8 0.8 0.666 93.4 94.9 -25.4 -3.6 -3.5 -4.3 1.6 0.397 0.532 104.9 98.3 105.0 96.6 1.4 -6.8 0.0 -2.7 0.1 1.3 0.0 1.4 0.1 -1.7 BEVERAGES AND TOBACCO Tobacco and tobacco manufactures 1.516 1.249 100.0 99.8 99.9 99.7 -0.9 -1.2 0.0 0.3 -0.2 -0.3 0.0 -0.1 -0.1 -0.1 5.473 0.286 1.182 0.875 0.746 0.782 0.337 0.842 83.0 85.9 106.7 82.5 63.5 77.4 97.0 80.0 82.1 84.8 102.6 82.2 64.1 79.3 97.0 76.6 -12.1 -15.9 -23.8 -11.8 -2.7 -4.9 -0.8 -16.5 -0.9 8.2 -4.2 -1.4 0.5 -0.1 -0.1 -2.1 -1.2 -2.4 -2.8 0.0 -1.2 -2.4 0.0 1.0 -0.2 -2.3 1.2 -1.8 -1.1 1.8 -0.1 -0.6 -1.1 -1.3 -3.8 -0.4 0.9 2.5 0.0 -4.3 0.424 98.8 99.2 0.5 1.1 -1.5 -1.4 0.4 2.061 0.691 104.8 99.9 103.2 99.9 -6.9 -2.1 -2.1 0.0 -1.3 -1.1 0.0 0.0 -1.5 0.0 1.209 108.9 107.0 -10.4 -3.3 -1.7 0.3 -1.7 0.509 106.6 108.8 14.9 -0.5 0.6 5.1 2.1 10.710 2.391 0.889 0.493 1.249 93.1 77.7 104.1 100.3 101.6 92.8 77.2 103.7 100.7 101.6 -3.8 -9.1 4.3 -1.3 0.1 -1.0 -2.3 -1.4 0.0 0.7 -0.1 -1.5 2.1 0.0 -0.7 -0.4 -0.5 0.0 -1.8 0.0 -0.3 -0.6 -0.4 0.4 0.0 0.757 0.567 1.795 0.840 1.728 101.4 94.9 90.5 99.1 100.4 101.4 96.1 89.8 97.9 100.6 -1.5 0.0 -7.5 -1.2 -3.2 -0.5 1.2 -0.8 -0.5 -1.3 -0.3 1.4 -0.9 0.1 1.3 0.2 1.7 -0.4 -0.7 -1.4 0.0 1.3 -0.8 -1.2 0.2 9.838 0.673 98.1 101.6 97.8 101.9 -0.4 -1.3 -0.2 0.3 0.0 -0.2 -0.2 -0.3 -0.3 0.3 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 related materials 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. 0.292 90.6 89.1 -1.9 1.2 -1.3 -0.4 -1.7 1.536 83.9 83.6 0.1 -0.4 -0.1 -0.8 -0.4 1.424 102.6 103.2 -0.1 0.2 0.0 -1.0 0.6 1.348 1.094 1.311 2.005 106.9 100.4 92.9 104.5 106.8 100.5 87.5 107.1 2.4 -2.2 -6.3 2.6 -0.3 -1.7 -0.1 -0.1 0.0 0.0 0.3 -0.2 -0.1 -0.3 1.5 -0.3 -0.1 0.1 -5.8 2.5 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 50.589 99.2 98.6 -2.0 -0.2 -0.2 0.1 -0.6 4.348 107.0 107.1 1.0 0.1 0.2 0.0 0.1 4.757 0.998 105.1 107.7 105.1 108.4 0.9 3.9 -0.1 0.4 -0.2 0.0 0.3 -0.1 0.0 0.6 5.115 6.296 106.2 78.9 106.1 76.2 0.9 -10.0 0.2 -0.9 0.1 -0.9 0.3 -0.3 -0.1 -3.4 3.820 11.557 9.188 98.8 92.6 101.9 98.8 91.8 101.9 -0.8 -4.9 0.1 0.3 -0.5 -0.1 -0.3 -0.4 0.1 0.5 -0.1 0.0 0.0 -0.9 0.0 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) 11.308 0.646 101.2 104.5 100.8 104.1 -0.9 0.5 0.0 0.1 -0.1 0.1 -0.1 0.0 -0.4 -0.4 1.297 103.8 103.8 2.5 0.2 0.0 0.0 0.0 3.762 103.8 103.7 0.3 0.0 0.0 0.2 -0.1 0.912 94.1 93.7 -5.4 1.5 -0.2 -1.3 -0.4 4.222 98.9 98.2 -2.4 -0.5 -0.4 -0.1 -0.7 0.469 102.6 103.0 2.1 0.0 0.3 0.2 0.4 64 65 66 67 68 69 7 71 72 73 74 75 76 77 78 8 82 84 87 88 89 1 2 Relative importance figures are based on 1995 trade values. Data for March, April and May 1998 have been revised to reflect the availability of late reports and corrections by respondents. n.a. Not available. 3 All data are subject to revision in each of the three months after original publication. Product categories included in this group have been modified due to concordance or coverage limitations. NOTE: Table 5 U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods, June 1997-June 1998 1995=100, unless otherwise noted Index Percent Change Relative ImportAnnual Monthly ance June Feb. March Description 1997 1998 1998 May May June to to to 1998 1998 1998 June March April 1/ 2/ 1998 1998 1998 Harmonized System I 02 03 LIVE ANIMALS; ANIMAL PRODUCTS Meat and edible meat offal Fish and crustaceans, molluscs and other aquatic invertebrates 3/ Other live animals and animal 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 Published categories may include price data not shown separately MINERAL PRODUCTS Ores, slag and ash Mineral fuels, oils and residuals, April 1998 to May 1998 May 1998 to June 1998 1.675 0.290 104.3 99.4 103.4 96.8 2.2 0.7 0.8 0.1 0.7 1.7 0.0 0.1 -0.9 -2.6 0.970 107.6 108.9 4.9 0.0 -0.6 0.6 1.2 0.415 102.7 98.4 -3.1 3.4 3.0 -1.4 -4.2 1.599 89.0 88.8 -7.7 -3.7 1.5 -0.8 -0.2 0.296 104.9 109.7 n.a. 9.3 8.6 -1.8 4.6 0.457 0.427 0.419 97.4 84.3 92.7 100.1 79.3 91.5 -1.7 -24.1 -2.6 -0.3 0.1 -16.9 3.4 0.3 -4.0 -2.1 -4.1 5.1 2.8 -5.9 -1.3 2.153 101.2 101.9 0.2 -0.3 0.3 0.2 0.7 0.276 0.777 1.100 88.2 103.8 100.6 89.8 104.1 101.2 -2.7 1.0 0.2 -1.2 -0.4 0.0 0.8 -0.5 0.7 0.2 0.2 0.1 1.8 0.3 0.6 8.004 0.306 82.2 102.0 79.6 101.9 -23.7 -1.5 -7.4 0.2 0.2 0.3 0.1 -0.4 -3.2 -0.1 bituminous substances and mineral wax VI 28 29 30 32 37 38 3/ VII 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 Miscellaneous 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 39 40 VIII RAW HIDES, SKINS, LEATHER, FURSKINS, TRAVEL GOODS, ETC Articles of leather; travel goods, bags, etc. of various materials 42 IX WOOD, WOOD CHARCOAL, CORK, STRAW, BASKET AND WICKER X 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 48 49 XI 61 62 63 3/ 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) 7.460 81.0 78.2 -25.0 -7.8 0.2 0.1 -3.5 5.340 0.875 2.020 0.577 96.7 101.2 92.5 101.7 96.8 101.2 92.8 101.6 -2.7 -2.8 -3.6 -1.0 -0.1 0.8 -0.3 0.1 -0.3 0.4 -1.0 -0.2 0.6 1.8 0.2 0.5 0.1 0.0 0.3 -0.1 0.292 0.363 92.9 96.2 93.5 96.1 -4.0 -3.2 0.0 -0.3 -0.2 0.0 0.0 0.0 0.6 -0.1 0.425 96.2 96.3 -2.2 -0.6 -0.5 0.8 0.1 0.787 96.4 96.2 -1.5 -0.6 0.7 0.1 -0.2 2.796 1.762 1.034 88.1 91.9 82.3 88.0 91.5 82.7 -6.1 -4.1 -9.1 -1.2 -1.1 -1.3 -0.9 -0.9 -1.0 -0.5 -0.1 -1.2 -0.1 -0.4 0.5 1.038 102.1 102.7 -0.8 -1.2 -0.3 0.9 0.6 0.837 100.5 101.1 -0.9 -0.9 0.0 0.6 0.6 1.614 100.2 96.7 -13.5 0.0 -0.3 -2.3 -3.5 2.415 83.4 83.9 -0.4 0.6 -0.5 -0.4 0.6 0.365 63.3 65.7 -1.4 -0.5 -1.2 -1.1 3.8 1.683 0.367 88.5 99.4 88.4 100.0 -0.1 -1.1 0.5 2.5 0.1 -2.0 -0.3 0.0 -0.1 0.6 7.170 100.9 101.0 -0.5 -0.1 -0.1 -0.2 0.1 2.138 101.9 101.1 -0.2 0.0 0.0 0.0 -0.8 3.462 103.3 103.9 0.4 -0.3 -0.1 0.0 0.6 0.345 94.1 93.7 -3.8 -0.3 0.4 -0.2 -0.4 1.224 97.6 97.7 -2.8 -0.1 -0.5 -0.6 0.1 XII 64 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 84 85 XVII 87 XVIII 90 91 XX 94 95 2.160 100.9 101.1 -0.2 -0.3 -0.1 0.1 0.2 1.859 100.5 100.7 -0.2 -0.5 -0.1 0.2 0.2 0.301 101.5 101.5 -0.1 0.3 0.1 -0.4 0.0 STONE, PLASTER, CEMENT, ASBESTOS,CERAMIC GLASS ETC. Ceramic products Glass and glassware 1.178 0.446 0.455 100.8 98.0 100.4 101.0 97.9 100.6 -1.5 -1.4 -2.7 0.3 0.3 0.2 -0.2 -0.1 0.0 -0.1 0.1 -0.4 0.2 -0.1 0.2 PEARLS, STONES, PRECIOUS METALS, IMITATION JEWELRY, AND COINS 2.372 101.8 100.3 2.0 2.1 1.2 1.6 -1.5 5.886 1.797 1.312 0.409 0.964 0.421 91.0 93.4 94.7 72.5 88.1 99.2 90.3 92.2 94.7 71.7 86.4 100.4 -6.0 -3.5 -2.8 -17.2 -8.1 -1.9 -0.9 -0.9 -0.8 -1.8 -1.0 1.2 -0.4 -0.5 -0.2 -0.7 -1.2 -1.5 -0.1 -0.2 -0.4 1.3 -0.2 -1.3 -0.8 -1.3 0.0 -1.1 -1.9 1.2 0.520 99.4 97.7 -15.3 -1.6 1.7 1.0 -1.7 30.288 85.9 85.4 -7.1 -0.3 -0.7 -0.3 -0.6 15.690 85.7 85.3 -8.4 -0.5 -1.1 -0.7 -0.5 14.598 85.9 85.4 -5.7 -0.1 -0.1 -0.2 -0.6 16.569 15.647 101.2 100.9 101.2 100.9 0.2 0.2 0.1 0.1 0.0 0.0 -0.3 -0.3 0.0 0.0 3.639 92.2 92.1 -2.2 -0.4 -0.2 -0.1 -0.1 3.108 0.387 92.1 92.8 91.9 93.3 -2.4 -1.2 -0.5 -0.7 -0.2 -0.3 0.0 -0.2 -0.2 0.5 3.843 98.8 97.8 -2.1 0.0 -0.6 0.0 -1.0 1.668 100.0 97.9 -2.4 0.2 -0.3 0.0 -2.1 1.878 98.6 98.4 -2.1 -0.2 -1.0 -0.1 -0.2 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. Specialized machinery & computer equipment Electrical machinery and equip, sound and TV recorders & reproducers, parts VEHICLES, AIRCRAFT, VESSELS AND ASSOCIATED TRANSPORT EQUIPMENT Motor vehicles and their parts OPTICAL, PHOTO, MEASURING, MEDICAL & MUSICAL INSTRUMENTS; & TIMEPIECES Optical, photographic, measuring and medical instruments Clocks and watches and parts thereof MISCELLANEOUS MANUFACTURED ARTICLES Furniture; stuffed furnishings; lamps and lighting fittings nes; Toys, games and sports equipment; parts and accessories thereof 96 Miscellaneous manufactured articles 1 2 3 Harmonized System I 02 03 II 07 08 10 12 93.4 93.5 -1.2 0.1 Relative importance figures are based on 1995 trade values. Data for March, April and May 1998 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 0.296 0.0 n.a. 0.2 0.1 Not available Published categories may include price data not shown separately U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods, June 1997-June 1998 1995=100, unless otherwise noted Index Percent Change Relative ImportAnnual Monthly ance June Feb. March Description 1997 1998 1998 May May June to to to 1998 1998 1998 June March April 1/ 2/ 1998 1998 1998 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) 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 April 1998 to May 1998 May 1998 to June 1998 1.851 1.044 91.0 90.3 92.7 94.4 -1.3 1.3 1.5 1.4 0.0 -0.3 1.3 1.2 1.9 4.5 0.456 80.9 79.9 -4.4 4.6 -0.5 1.3 -1.2 0.351 94.5 92.8 -4.5 -2.4 1.5 1.8 -1.8 5.037 92.5 90.0 -12.0 -0.8 -3.2 0.5 -2.7 0.336 104.5 105.2 14.0 7.0 -1.0 10.3 0.7 0.694 2.364 92.9 84.4 94.5 80.8 -7.0 -11.2 0.6 -1.4 2.4 -5.2 -0.2 -0.2 1.7 -4.3 1.383 108.7 105.8 -19.5 -2.8 -2.4 0.2 -2.7 III ANIMAL OR VEGETABLE FATS AND OILS 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 20 21 22 23 24 3/ V 27 VI 28 29 30 31 32 33 34 37 38 VII 39 40 VIII 41 IX 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; perfumery, cosmetic or toilet Soap; lubricants; waxes, polishing or scouring products; candles, pastes Photographic or cinematographic goods Miscellaneous chemical products 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 0.554 107.9 109.4 15.5 -0.5 1.0 4.4 1.4 3.401 97.6 97.7 -7.5 -0.5 -0.5 -1.0 0.1 0.344 0.369 0.330 94.6 105.9 97.7 93.7 105.9 98.5 -12.5 1.1 -0.9 3.5 0.0 -1.6 0.3 0.0 0.2 -0.6 0.0 -0.5 -1.0 0.0 0.8 0.594 90.0 90.5 -26.4 -3.8 -2.5 -3.6 0.6 1.258 0.507 99.9 100.3 99.8 100.6 -1.1 0.1 0.2 -0.1 -0.2 0.0 -0.1 -1.5 -0.1 0.3 2.639 102.0 100.8 -7.5 -2.0 -0.7 -0.2 -1.2 2.108 105.5 104.0 -7.7 -2.3 -1.3 0.0 -1.4 8.674 0.956 2.689 0.926 0.630 93.5 103.2 81.0 103.9 94.9 93.3 102.8 80.3 103.9 96.1 -3.9 1.3 -9.4 3.2 0.0 -0.8 -3.0 -2.1 1.5 1.2 0.0 3.3 -1.6 -0.8 1.4 -0.3 0.2 -0.2 0.0 1.7 -0.2 -0.4 -0.9 0.0 1.3 0.504 100.4 100.8 -0.8 0.0 0.0 -1.3 0.4 0.539 103.3 103.2 -0.5 -0.2 -0.3 0.4 -0.1 0.317 0.394 1.495 102.3 86.2 99.2 102.3 85.3 99.2 1.0 -11.0 -4.2 -0.1 0.7 -1.0 -0.5 -0.5 1.0 -0.2 -0.5 -1.4 0.0 -1.0 0.0 4.299 3.404 0.895 94.6 93.9 97.2 94.0 93.1 97.6 -4.4 -5.0 -2.1 -0.7 -1.0 0.0 -0.4 -0.3 -0.7 -0.4 -0.4 -0.3 -0.6 -0.9 0.4 0.518 87.4 87.1 -8.9 3.2 -0.6 -1.4 -0.3 0.369 83.7 81.9 -13.1 6.6 -1.7 -1.9 -2.2 1.189 84.9 84.3 -9.5 -0.7 -0.5 -1.4 -0.7 X 47 48 49 XI 52 XIII 70 XIV XV 72 73 74 76 82 83 XVI 84 85 XVII 87 XVIII XX 94 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 3.012 78.1 78.1 0.5 -0.4 -0.4 -0.1 0.0 0.687 60.8 61.3 -2.1 -0.2 -1.3 -0.7 0.8 1.503 0.823 84.5 109.0 84.0 109.2 0.7 2.4 -0.4 -0.3 -0.1 0.0 -0.9 1.9 -0.6 0.2 3.241 92.1 92.7 -0.9 0.0 -0.6 0.1 0.7 0.678 77.6 82.1 -1.1 0.3 -2.7 2.5 5.8 STONE, PLASTER, CEMENT, ASBESTOS, CERAMIC, GLASS ETC. Glass and glassware 0.866 0.497 103.7 101.9 103.7 101.9 0.4 0.7 0.0 0.0 -0.4 0.0 0.1 0.0 0.0 0.0 PEARLS, STONES, PRECIOUS METALS, IMITATION JEWELRY, AND COINS 2.024 102.8 95.3 -2.9 1.7 0.5 5.7 -7.3 4.537 0.915 1.279 0.379 0.860 93.0 86.8 108.2 71.7 85.5 92.7 85.4 111.0 69.6 82.4 -4.5 -9.6 4.3 -20.8 -7.8 -0.8 -1.4 -0.1 -2.0 -1.3 -0.1 -1.0 -0.4 2.5 -0.7 -0.6 -1.1 -0.4 1.4 -1.8 -0.3 -1.6 2.6 -2.9 -3.6 0.421 0.379 104.1 100.4 103.9 100.4 0.5 -1.0 0.2 0.0 0.0 0.2 0.0 -0.1 -0.2 0.0 36.768 95.0 94.0 -3.7 -0.4 -0.3 0.0 -1.1 20.498 96.1 95.0 -2.9 -0.3 -0.3 0.1 -1.1 16.270 93.6 92.9 -4.5 -0.6 -0.4 0.0 -0.7 13.916 9.619 105.1 102.0 105.1 102.0 0.5 0.0 0.0 0.0 0.1 0.0 0.0 0.0 0.0 0.0 5.450 102.1 101.9 -0.6 0.2 0.0 -0.4 -0.2 1.803 102.6 102.4 0.3 0.0 0.1 -0.1 -0.2 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 MACHINERY, ELECTRICAL EQUIPMENT, TV IMAGE AND SOUND RECORDERS, PARTS, ETC Specialized machinery & computer equipment Electrical machinery and equip, sound & tv recorders & reproducers, parts VEHICLES, AIRCRAFT, VESSELS AND ASSOCIATED TRANSPORT EQUIPMENT Motor vehicles and their parts OPTICAL, PHOTO, MEASURING, MEDICAL & MUSICAL INSTRUMENTS; & TIMEPIECES MISCELLANEOUS MANUFACTURED ARTICLES Furniture; stuffed furnishings; lamps and lighting fittings nesoi; Toys, games and sports equipment; parts and accessories thereof 95 1 2 3 0.890 104.7 104.4 0.6 0.1 0.1 0.0 -0.3 0.740 100.7 100.6 0.3 0.0 0.0 0.0 -0.1 Relative importance figures are based on 1995 trade values. Data for March, April and May 1998 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, June 1997-June 1998 1995=100, unless otherwise noted Index Percent Change Percentage of Annual Monthly US Imports June Feb. March April Description 1/ 1997 1998 1998 1998 1995 May June to to to to 1998 1998 June March April May 2/ 1998 1998 1998 1998 May 1998 to June 1998 3/ Developed Countries Manufactured Goods Nonmanufactured Goods 55.6 52.2 3.1 95.6 96.1 91.0 95.1 95.7 87.9 -2.4 -1.4 -16.1 0.0 0.1 -1.8 -0.1 0.0 -1.1 0.2 0.1 2.0 -0.5 -0.4 -3.4 3/ Developing Countries Manufactured Goods Nonmanufactured Goods 42.7 35.4 7.1 93.8 95.0 82.9 93.1 94.6 81.3 -8.6 -5.1 -24.1 -1.6 -0.6 -6.9 -0.5 -0.5 0.5 -0.4 -0.2 -2.0 -0.7 -0.4 -1.9 Canada Manufactured Goods Nonmanufactured Goods 18.9 16.5 2.2 97.2 98.0 94.6 96.2 97.5 91.0 -2.9 -1.2 -13.8 -0.2 0.0 -1.4 0.1 0.2 -1.1 0.7 0.4 3.2 -1.0 -0.5 -3.8 European Union Manufactured Goods Nonmanufactured Goods 17.0 16.4 0.5 99.8 100.3 87.6 100.1 100.7 85.0 -1.0 -0.1 -25.4 -0.3 -0.2 -2.8 -0.6 -0.6 -2.4 0.4 0.5 -1.2 0.3 0.4 -3.0 4/ 5/ Latin America (9712=100) Manufactured Goods (9712=100) Nonmanufactured Goods (9712=100) 14.1 10.4 3.5 94.8 97.7 86.3 94.5 98.2 84.2 n.a. n.a. n.a. -2.2 -0.7 -6.9 -0.3 -0.8 2.1 0.4 0.9 -1.6 -0.3 0.5 -2.4 Japan 16.6 89.1 88.5 -4.8 0.2 -0.6 -0.3 -0.7 6/ Asian Newly Industrialized Countries 10.9 88.0 86.9 -8.8 -0.8 -0.9 -1.1 -1.2 1 Regions are not mutually exclusive. 2 Data for March, April and May 1998 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 Mexico, Central America, South America, and the Caribbean. 6 Includes Hong Kong, Singapore, South Korea, and Taiwan. 15 countries. Table 8 U.S. Import and Export Price Indexes and Percent Changes for Selected Categories of Services. June 1997-June 1998 1995 = 100, unless otherwise noted Index Percent Change Description Trade (Mil. of Dollars) March 1998 June 1998 Annual June 1997 to June 1998 June 1997 to Sept. 1997 Quarterly Sept. 1997 to Dec. 1997 Dec. 1997 to March 1998 March 1998 to June 1998 -9.8 -2.8 -16.4 -2.0 -4.3 -0.3 -2.3 4.4 -7.4 -7.0 -4.9 -9.9 1.2 2.3 0.5 IMPORT Air Freight Atlantic Pacific 3188 1278 1674 80.5 85.8 76.3 81.5 87.8 76.7 1/ 1/ 1/ Air Passenger Fares Atlantic Pacific Latin American / Caribbean 11127 4922 2340 3021 103.3 98.9 98.3 106.9 112.6 117.3 105.9 106.3 -0.5 -3.2 -4.9 0.2 -1.5 0.7 -9.8 -0.2 -6.5 -17.8 5.7 -0.7 -1.0 -1.5 -7.4 1.6 9.0 18.6 7.7 -0.6 1/ Crude Oil Tanker Freight 1346 95.5 n.a. n.a. -9.7 3.9 -0.1 n.a. 1/ Ocean Liner Freight U.S. East Coast from Atlantic from Pacific U.S. West Coast 9868 4271 1952 1774 5596 93.4 96.5 97.2 94.8 90.5 100.9 99.2 96.8 101.2 101.5 3.9 -1.4 -3.1 0.4 8.1 -1.9 -2.3 -1.6 -3.8 -1.6 -1.9 -1.6 -1.6 -2.3 -1.9 -0.1 -0.2 0.5 0.0 -0.1 8.0 2.8 -0.4 6.8 12.2 Air Freight (9612 = 100) 2562 94.9 94.5 -3.4 -1.2 -3.4 1.7 -0.4 Air Passenger Fares Atlantic Pacific Latin American / Caribbean Canadian 17272 4120 10700 1392 1006 94.3 101.7 79.6 107.3 166.1 94.9 110.8 77.7 107.5 160.2 -7.9 1.0 -14.7 0.6 2.0 -2.9 -0.2 -5.2 0.6 0.3 -7.9 -7.4 -9.6 -0.9 -6.7 2.4 0.3 1.9 0.8 13.0 0.6 8.9 -2.4 0.2 -3.6 EXPORT 1/ 1/ 1 Detailed data available upon reque n.a. Not available. Table 9 U.S. International Price Indexes and Percent Changes for Selected Categories of Services. June 1997-June 1998 1995 = 100 Index Percent Change Description Trade (Mil. of Dollars) March 1998 June 1998 Annual June 1997 to June 1998 June 1997 to Sept. 1997 Quarterly Sept. 1997 to Dec. 1997 Dec. 1997 to March 1998 March 1998 to June 1998 Air Freight (Inbound) Atlantic Pacific 5495 1880 3151 82.9 85.4 81.3 83.4 88.4 80.3 -7.2 -0.6 -11.9 -1.6 -3.7 -0.1 -2.3 4.7 -6.7 -4.2 -4.7 -4.2 0.6 3.5 -1.2 Air Freight (Outbound) Atlantic Pacific 5835 2080 3222 97.2 101.0 95.5 96.0 102.2 92.4 -3.2 2.8 -7.6 0.4 1.7 -0.3 -1.9 0.0 -3.4 -0.5 -0.1 -0.8 -1.2 1.2 -3.2 Air Passenger Fares (U.S. Carrier) Atlantic Pacific Latin American / Caribbean Canadian 30673 8811 15900 4542 1367 99.3 94.2 89.9 110.8 173.6 107.7 116.8 93.6 111.0 167.9 -3.9 -1.3 -8.3 1.3 4.2 -2.6 0.6 -6.1 0.8 0.6 -8.9 -17.8 -5.9 -1.2 -5.0 -0.2 -3.7 -0.3 1.5 12.7 8.5 24.0 4.1 0.2 -3.3 1/ 1/ 1/ Air Passenger Fares (Foreign Carrier) Atlantic Pacific Latin American / Caribbean 31694 13572 12570 4224 97.6 98.8 84.7 105.3 102.0 110.8 82.8 105.1 -3.9 0.5 -14.1 0.3 -1.4 1.3 -5.6 -0.4 -4.7 -9.9 -2.0 0.4 -2.1 -1.7 -5.0 0.5 4.5 12.1 -2.2 -0.2 1/ Crude Oil Tanker Freight (Inbound) 1949 103.5 n.a. n.a. -9.6 5.5 0.3 n.a. 1/ Ocean Liner Freight (Inbound) U.S. East Coast from Atlantic from Pacific U.S. West Coast 12253 5410 2647 1874 6844 93.0 95.4 95.2 93.1 90.6 98.3 97.5 94.9 98.8 98.4 1.5 -2.1 -3.9 -0.1 4.6 -2.0 -2.6 -2.7 -3.7 -1.4 -2.1 -1.3 -1.3 -2.2 -2.8 0.1 -0.3 0.4 0.0 0.4 5.7 2.2 -0.3 6.1 8.6 1/ 1/ 1/ 1 Detailed data available upon reque n.a. Not available. 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 IPP Order Form Please add my name to the mailing list for the following publications. 1. Monthly News Release ______ 2. Harmonized System Indexes ______ 3. SITC Indexes ______ 4. BEA End-Use Indexes ______ 5. Locality of Origin Indexes ------ 6. Services Indexes ------ Name______________________________________________ Address___________________________________________ ____________________________________ ____________________________________ ____________________________________ Phone Number ( ) ______________________