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Technical Information David Mead (202) 606-7154 USDL-97-205 Bill Alterman (202) 606-7108 For release: 10:00 A.M. E.D.T. Media contact: Thursday, June 19, 1997 Kathryn Hoyle (202) 606-5902 Internet Address: http://stats.bls.gov/ipphome.htm U.S. IMPORT AND EXPORT PRICE INDEXES -MAY 1997The U.S. Import Price Index was unchanged in May, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. Imported petroleum prices increased after declining in the three previous months but were offset by a continuing decline in nonpetroleum import prices, down 0.1 percent in May. The U.S. Export Price Index declined 0.2 percent in May. Percent changes in import and export price indexes by End Use category - not seasonally adjusted - IMPORTS Month 1996 May June July August September October November December 1997 January February March April May May 1995-96 EXPORTS All Imports Petroleum Imports Nonpetroleum Imports All Exports Agricultural Exports Nonagricultural Exports -0.7 -1.1 -0.1 0.1 1.2 0.5 -0.2 0.3 -3.7 -5.8 1.9 2.2 7.5 7.1 -0.8 2.0 -0.3 -0.4 -0.4 -0.1 0.4 -0.3 -0.1 0.1 0.4 -0.2 -0.5 -0.2 -0.8 -0.2 -0.4 0.0 3.1 -2.2 -1.9 -0.2 -7.3 -2.6 -2.3 -0.9 -0.1 0.1 -0.2 -0.2 0.2 0.0 0.0 0.1 -0.3 -0.9 -1.3 r -1.2 r 0.0 0.6 -8.1 r -8.6 r -7.0 r 1.2 -0.4 -0.1 -0.4 r -0.6 -0.1 0.1 0.2 0.1 r -0.7 r -0.2 0.1 2.1 1.4 -6.9 r -1.1 0.0 0.0 -0.1 0.1 -0.1 24.8 -1.7 -0.1 8.5 -0.9 1.3 May 1996-97 -3.0 -9.2 -2.4 -2.8 -20.0 -0.1 r = revised to reflect late reports and corrections by respondents. Import Goods Import prices were unchanged on average in May after having declined in each of the last four months. Imported petroleum prices rose 1.2 percent in May following large decreases in each of the three prior months. In contrast, nonpetroleum prices fell 0.1 percent, the fifth consecutive decline in this component. For the year ended in May, overall import prices dropped 3.0 percent, attributable to both falling petroleum and nonpetroleum prices, down 9.2 and 2.4 percent, respectively. The index for capital goods led the decline in nonpetroleum import prices in May, decreasing 0.8 percent. Over the past 12 months, the index for capital goods prices was down 6.2 percent. Imported automotive vehicles also contributed to the May decline in nonpetroleum prices, falling 0.2 percent. For the year ended in May, the index for automotive vehicles fell 0.1 percent. In contrast, the price index for foods, feeds, and beverages rose 1.7 percent in May, attributable primarily to rising coffee prices. In addition, the import price indexes for nonpetroleum industrial supplies and materials and consumer goods rose 0.1 percent and 0.2 percent in May, respectively. Export Goods The 0.2 percent decline in export prices in May followed a 0.7 percent decrease in April. Export prices fell 2.8 percent on average for the year ended in May. Agricultural export prices, down 1.1 percent in May after dropping 6.9 percent in April, led the decline in the export price index for the second consecutive month. Over the past year, the index for agricultural exports has fallen 20.0 percent after rising 24.8 percent the previous year. In contrast, prices for nonagricultural exports remained relatively stable, moving down a modest 0.1 percent in May after rising 0.1 percent in April. Over the past 12 months, the index has not changed by more than 0.2 percent in either direction and was down 0.1 percent over the May 1996-97 period. The export price indexes for the major finished goods categories displayed little or no movement in May. Capital goods export prices decreased 0.1 percent for the second month in a row. For the year, the index for capital goods, which represents the largest component of U.S. exports, fell 0.5 percent. The price index for exported automotive vehicles also fell 0.1 percent in May, following a 0.3 percent increase in April. Automotive vehicle export prices were up 1.0 percent over the past year. The price indexes for consumer goods and nonagricultural industrial supplies and materials were up 0.1 percent and unchanged in May, respectively, after both indexes were up 0.1 percent in the prior month. Over the past year, prices for exported consumer goods rose 1.0 percent, while nonagricultural industrial supplies and materials prices decreased 0.3 percent. Imports by Locality of Origin Prices for imports from Japan continued to decline in May, down 0.7 percent on average. (See table 7.) The decline matched the index movement in April and was the ninth consecutive monthly decrease. Over the past year, the index was down 5.6 percent. The index for imports from Canada rose 0.2 percent in May after falling 3.5 percent in the prior three months. For the past 12 months, the index was down 0.9 percent. Import prices from the European Union rose 0.1 last month after decreasing 1.9 percent over the past three months. For the year ended in May, the index was down 1.3 percent. Prices of imports from the Asian Newly Industrialized Countries fell 0.2 percent in April after a modest 0.1 percent gain the month before. The index was down 2.8 percent in the May 1996-97 period. CONTENTS OF RELEASE This news release includes the following tables: Table Table Table Table Table Table Table 1 2 3 4 5 6 7 Import Export Import Export Import Export Import Price Price Price Price Price Price Price Indexes, Indexes, Indexes, Indexes, Indexes, Indexes, Indexes, by by by by by by by End Use.....page 4 End Use.....page 5 SITC.....pages 6-7 SITC.....pages 8-9 Harmonized System.....pages 10-11 Harmonized System.....pages 12-13 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 June are scheduled for release on July 18 at 10:00 a.m. (EDT). Table 1 END USE U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods, May 1996-May 1997 1995=100, unless otherwise noted Index Percent Change Relative ImportAnnual Monthly ance May Jan. Feb. Description 1996 1997 1997 April April May to to to 1997 1997 1997 May Feb. March 1/ 2/ 1997 1997 1997 ALL COMMODITIES ALL IMPORTS EXCLUDING PETROLEUM 0 00 01 1 10 100 10000 March 1997 to April 1997 April 1997 to May 1997 100.000 91.592 98.2 97.2 98.2 97.1 -3.0 -2.4 -0.9 -0.1 -1.3 -0.4 -1.2 -0.6 0.0 -0.1 4.752 99.6 101.3 0.2 1.9 2.9 -1.8 1.7 Agricultural foods, feeds & beverages, excluding distilled beverages 3.442 99.1 101.1 -1.4 2.2 4.1 -2.7 2.0 Nonagricultural foods (fish, distilled beverages) 1.310 100.9 101.6 3.9 1.1 0.0 0.8 0.7 26.833 100.5 100.9 -3.9 -3.0 -3.9 -2.9 0.4 18.425 97.5 97.6 -1.4 -0.1 -1.3 -0.9 0.1 9.823 99.5 99.8 1.1 0.8 1.0 -0.2 0.3 8.602 95.3 95.1 -4.3 -1.3 -3.8 -1.5 -0.2 9.488 106.2 106.9 -9.3 -7.7 -10.7 -7.2 0.7 8.407 105.8 107.1 -9.2 -8.1 -8.6 -7.0 1.2 6.637 105.1 107.7 -8.9 -8.4 -9.2 -7.6 2.5 1.735 80.1 80.4 -11.9 -0.6 1.0 0.4 0.4 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 12 Materials associated with nondurable supplies & materials 5.995 96.1 96.3 -2.1 -0.2 0.1 -0.8 0.2 13 Selected building materials 2.209 113.6 114.8 10.7 2.7 0.6 -1.0 1.1 14 Unfinished metals associated with durable goods 4.479 95.8 95.9 -0.3 0.8 2.0 0.3 0.1 Finished metals associated with durable goods 1.442 97.1 97.1 -1.5 -0.2 -0.5 -0.1 0.0 Nonmetals associated with durable goods 1.484 96.1 96.0 -5.0 -0.6 -0.6 -0.6 -0.1 28.843 92.4 91.7 -6.2 -0.5 -0.5 -1.1 -0.8 3.353 97.7 97.7 -2.0 -0.4 -0.7 0.0 0.0 23.833 90.4 89.6 -7.6 -0.6 -0.5 -1.3 -0.9 15 16 2 CAPITAL GOODS 20 Electric & electrical generating equipment 21 Nonelectrical machinery 3 AUTOMOTIVE VEHICLES, PARTS & ENGINES 17.582 100.6 100.4 -0.1 0.0 0.1 -0.2 -0.2 4 CONSUMER GOODS, EXCLUDING AUTOMOTIVES 21.990 99.6 99.8 -0.8 0.2 -0.6 0.0 0.2 40 Nondurables, manufactured 10.817 100.8 101.4 0.4 0.0 -0.1 0.3 0.6 41 Durables, manufactured 10.104 98.3 97.8 -2.3 -0.3 -0.5 -0.2 -0.5 42 Nonmanufactured consumer goods 1.069 98.9 102.7 2.1 6.7 -7.2 -1.5 3.8 1 2 Relative importance figures are based on 1995 trade values. Data for February, March and April 1997 have been revised to reflect the availability of late reports and corrections by respondents. All data are subject to revision in each of the three months after original publication. NOTE: Table 2 n.a. Published categories may include price data not shown separately U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods, May 1996-May 1997 1995=100, unless otherwise noted Index Percent Change Relative Not available Importance END USE Description April 1997 1/ ALL COMMODITIES AGRICULTURAL COMMODITIES NONAGRICULTURAL COMMODITIES 0 00 01 1 10 0.2 2.1 0.0 0.1 1.4 -0.1 -0.7 -6.9 0.1 -0.2 -1.1 -0.1 9.175 98.1 97.0 -21.8 1.9 1.5 -7.4 -1.1 Agricultural foods, feeds & beverages, excluding distilled beverages 8.470 99.0 98.0 -23.6 2.4 1.8 -7.9 -1.0 Nonagricultural foods (fish, distilled beverages) 0.705 89.4 88.0 -0.2 -5.0 -0.8 -1.4 -1.6 25.400 95.3 95.2 -0.5 0.1 0.1 -0.1 -0.1 9.889 96.3 96.0 -1.6 0.5 -0.3 0.1 -0.3 15.512 94.7 94.7 0.3 -0.1 0.2 -0.1 0.0 1.800 94.2 92.6 -2.2 -0.1 0.1 -1.8 -1.7 23.601 95.4 95.4 -0.3 0.2 0.0 0.1 0.0 2.426 110.1 110.0 -0.1 -2.9 -0.6 -0.5 -0.1 19.594 92.8 92.9 -0.7 0.5 0.2 0.3 0.1 1.581 95.5 95.4 -0.3 0.4 -1.5 -1.6 -0.1 44.075 100.3 100.2 -0.5 -0.2 0.0 -0.1 -0.1 4.354 100.7 100.8 0.0 -0.3 0.2 0.2 0.1 34.462 98.2 98.0 -2.1 -0.1 -0.2 0.0 -0.2 9.625 102.2 102.1 1.0 0.0 0.2 0.3 -0.1 FOODS, FEEDS, & BEVERAGES INDUSTRIAL SUPPLIES & MATERIALS INDUSTRIAL SUPPLIES & MATERIALS, DURABLE INDUSTRIAL SUPPLIES & MATERIALS, NONDURABLE Agricultural industrial supplies & materials Nonagricultural supplies & materials excluding fuels & building materials 3 April 1997 to May 1997 -2.8 -20.0 -0.1 12 21 March 1997 to April 1997 98.8 96.7 99.0 Fuels & lubricants 20 Monthly Feb. 1997 to March 1997 99.0 97.8 99.1 11 2 May 1997 Jan. 1997 to Feb. 1997 100.000 10.270 89.731 NONAGRICULTURAL INDUSTRIAL SUPPLIES & MATERIALS 13 April 1997 2/ Annual May 1996 to May 1997 Selected building materials CAPITAL GOODS Electric & electrical generating Equipment Nonelectrical machinery AUTOMOTIVE VEHICLES, PARTS & ENGINES 4 CONSUMER GOODS, EXCLUDING AUTOMOTIVES 11.725 102.0 102.1 1.0 0.1 -0.1 0.1 0.1 40 Nondurables, manufactured 6.165 101.4 101.5 0.2 0.0 0.1 -0.3 0.1 41 Durables, manufactured 5.025 102.0 102.1 1.7 0.1 -0.3 0.6 0.1 1 2 Relative importance figures are based on 1995 trade values. Data for February, March and April 1997 have been revised to reflect the availability of late reports and corrections by respondents. All data are subject to revision in each of the three months after original publication. NOTE: Table 3 SITC Rev. 3 05 07 1 11 Not available Published categories may include price data not shown separately U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods, May 1996-May 1997 1995=100, unless otherwise noted Index Percent Change Relative ImportAnnual Monthly ance May Jan. Feb. Description 1996 1997 1997 April April May to to to 1997 1997 1997 May Feb. March 1/ 2/ 1997 1997 1997 ALL COMMODITIES 0 01 03 n.a. FOOD AND LIVE ANIMALS Meat and meat preparations Fish, crustaceans, aquatic invertebrates and preparations thereof Vegetables and fruit, prepared fresh or dried Coffee, tea, cocoa, spices and manufactures thereof 3/ Other food and live animals (9612=100) BEVERAGES AND TOBACCO Beverages March 1997 to April 1997 April 1997 to May 1997 100.000 98.2 98.2 -3.0 -0.9 -1.3 -1.2 0.0 4.027 0.359 99.5 104.9 103.1 103.6 4.2 13.3 2.7 0.2 4.7 5.7 -2.3 1.4 3.6 -1.2 0.985 100.4 101.8 5.8 1.7 -0.4 0.7 1.4 1.063 101.5 105.3 -4.8 2.5 6.7 -8.6 3.7 0.684 0.937 98.2 100.0 107.9 103.0 21.9 n.a. 10.4 0.6 15.0 0.8 -0.5 0.2 9.9 3.0 0.836 0.702 107.2 103.6 107.0 103.5 3.4 2.2 1.0 0.1 0.2 0.3 0.3 0.3 -0.2 -0.1 2 23 24 25 28 29 3 33 34 5 51 52 53 54 55 57 58 59 6 62 63 64 65 66 67 68 69 7 71 CRUDE MATERIALS, INEDIBLE, EXCEPT FUELS Crude rubber (including synthetic and reclaimed) Cork and wood Pulp and waste paper Metalliferous ores and metal scrap Crude animal and vegetable materials, n.e.s. (9612=100) 3/ Other crude materials, inedible, except fuels (9612=100) MINERAL FUELS, LUBRICANTS AND RELATED MATERIALS Petroleum, petroleum products and related materials Gas, natural and manufactured CHEMICALS AND RELATED PRODUCTS, N.E.S. Organic chemicals Inorganic chemicals Dyeing, tanning and coloring materials Medicinal and pharmaceutical products Essential oils; polishing and cleansing preps Plastics in primary forms Plastics in nonprimary forms Chemical materials and products, n.e.s. MANUFACTURED GOODS CLASSIFIED CHIEFLY BY MATERIAL Rubber manufactures, n.e.s. Cork and wood manufactures other than furniture Paper, paperboard, and articles of paper pulp, paper or paper board Textile yarn, fabrics, made-up articles, n.e.s., and related product Nonmetallic mineral manufactures, n.e.s. Iron and steel Nonferrous metals Manufactures of metals, n.e.s. MACHINERY AND TRANSPORT EQUIPMENT Power generating machinery and equipment (9612=100) 3.006 97.7 99.5 6.2 5.3 -3.0 -1.3 1.8 0.281 1.135 0.353 0.646 84.8 124.9 63.8 105.9 82.2 127.0 64.3 104.9 -9.3 17.7 7.7 4.0 0.8 3.3 0.0 2.8 0.2 0.6 -1.2 0.4 -4.0 -1.0 -1.7 2.8 -3.1 1.7 0.8 -0.9 0.242 94.3 117.1 n.a. 40.7 -29.0 -10.4 24.2 0.349 97.6 95.5 n.a. -2.5 2.2 -0.1 -2.2 9.152 105.6 106.6 -9.0 -7.8 -10.9 -7.4 0.9 7.982 1.048 105.1 113.9 106.9 109.2 -9.4 -1.6 -8.0 -7.4 -8.6 -26.2 -7.2 -9.5 1.7 -4.1 5.579 1.592 0.688 0.288 0.902 96.6 96.6 101.1 97.1 96.0 96.6 96.7 101.1 96.8 95.4 -3.2 -2.4 -0.1 -5.7 -4.6 -0.7 -0.2 -0.5 -2.0 -1.2 -0.1 0.5 -1.2 -0.5 -0.6 -1.2 -3.2 -0.4 0.2 0.0 0.0 0.1 0.0 -0.3 -0.6 0.324 0.356 0.543 0.658 98.8 89.6 86.1 104.1 98.7 90.9 86.0 104.1 -3.7 -11.5 0.0 -3.4 -0.7 -2.2 0.0 -0.8 -0.5 -0.9 0.5 -0.1 0.6 -2.2 0.0 -0.5 -0.1 1.5 -0.1 0.0 12.434 0.730 95.9 97.5 96.1 97.5 -3.2 -2.9 0.1 -0.5 0.6 -0.5 -0.1 0.1 0.2 0.0 0.559 99.5 99.3 n.a. 2.4 -1.3 0.3 -0.2 1.549 85.7 86.1 -15.3 -0.5 1.4 0.8 0.5 1.419 100.7 100.6 0.3 -0.3 0.1 0.2 -0.1 2.138 2.035 1.866 1.974 102.8 96.4 90.6 98.9 103.2 96.3 91.4 98.7 1.5 -1.6 -2.4 -1.9 0.1 -0.1 1.9 -0.4 -0.4 0.2 3.9 -0.4 -0.4 0.2 -0.5 -0.6 0.4 -0.1 0.9 -0.2 47.053 95.8 95.3 -3.6 -0.3 -0.3 -0.7 -0.5 2.982 99.5 99.2 n.a. 0.4 -0.3 0.0 -0.3 72 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 73 74 75 76 77 78 8 81 MISCELLANEOUS MANUFACTURED ARTICLES Prefabricated buildings; plumbing, heat & lighting fixtures, n.e.s. Furniture and parts thereof Travel goods, handbags and similar containers Articles of apparel and clothing accessories Footwear Professional, scientific and controlling instruments and apparatus, n.e.s. Photographic apparatus, equipment and supplies and optical goods, n.e.s.; Miscellaneous manufactured articles, n.e.s. 82 83 84 85 87 88 89 1 2 3 99.2 97.9 98.9 98.0 -2.4 -3.4 -0.5 -0.7 -0.9 -2.4 -0.5 0.1 -0.3 0.1 3.419 7.405 98.1 82.4 98.0 81.0 -2.6 -12.8 -1.0 -1.2 -1.1 -1.8 -0.4 -2.0 -0.1 -1.7 4.576 9.658 14.475 93.5 90.1 100.6 92.7 89.9 100.4 -4.9 -6.5 -0.2 0.0 -0.1 -0.1 -0.3 0.8 0.2 -1.0 -0.9 -0.2 -0.9 -0.2 -0.2 17.438 100.3 100.5 -0.3 -0.1 -0.2 0.2 0.2 0.382 1.256 96.1 102.7 95.9 102.6 -5.5 1.9 -0.5 -0.1 -2.7 0.5 0.1 0.3 -0.2 -0.1 0.502 101.2 101.2 0.4 -0.2 0.3 -0.2 0.0 5.804 1.762 102.7 101.0 103.7 100.9 2.3 -0.4 0.2 0.3 0.4 -0.7 0.8 0.0 1.0 -0.1 1.586 97.0 96.7 -3.4 -0.7 -1.3 -0.4 -0.3 1.361 95.7 94.3 -4.0 -0.5 -0.7 0.4 -1.5 4.784 99.7 99.7 -1.3 -0.1 -0.3 -0.1 0.0 Relative importance figures are based on 1995 trade values. Data for February, March and April 1997 have been revised to reflect the availability of late reports and corrections by respondents. All data are subject to revision in each of the three months after original publication. Product categories included in this group have been modified due to concordance or coverage limitations. NOTE: Table 4 2.679 0.818 n.a. Published categories may include price data not shown separetely U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods, May 1996-May 1997 1995=100, unless otherwise noted Not available. Index Relative Importance SITC Rev. 3 Description April 1997 1/ ALL COMMODITIES 0 01 03 04 05 08 09 1 12 2 21 22 24 25 26 27 28 3 32 33 4 FOOD AND LIVE ANIMALS Meat and meat preparations Fish, crustaceans, aquatic invertebrates and preparations Cereals and cereal preparations Vegetables, fruit and nuts, fresh or dried Feeding stuff for animals (not including unmilled cereals) Miscellaneous edible products and preparations 3/ Other food and live animals (9612=100) BEVERAGES ANB TOBACCO Tobacco and tobacco manufactures CRUDE MATERIALS, INEDIBLE, EXCEPT FUELS Hides, skins and furskins, raw Oil seeds and oleaginous fruits Cork and wood Pulp and waste paper Textile fibers and their waste Crude fertilizers and crude minerals Metalliferous ores and metal scrap 3/ Other crude materials, inedible, except fuels (9612=100) MINERAL FUELS, LUBRICANTS AND RELATED MATERIALS Coal, coke and briquettes Petroleum, petroleum products and related materials ANIMAL AND VEGETABLE OILS, FATS AND WAXES April 1997 2/ May 1997 Percent Change Annual May 1996 to May 1997 Jan. 1997 to Feb. 1997 Monthly Feb. 1997 to March 1997 March 1997 to April 1997 April 1997 to May 1997 100.000 99.0 98.8 -2.8 0.2 0.1 -0.7 -0.2 7.535 1.152 97.2 96.7 95.6 95.7 -23.3 -2.7 1.6 -0.9 1.0 2.0 -5.9 0.3 -1.6 -1.0 0.530 2.628 87.5 89.1 85.9 84.9 0.0 -44.6 -5.6 4.2 -1.2 2.0 -1.8 -15.1 -1.8 -4.7 1.414 99.8 100.4 -3.2 0.5 -1.6 -0.5 0.6 0.881 126.3 127.7 -1.2 4.3 2.0 0.8 1.1 0.383 0.547 103.3 103.2 103.8 102.9 n.a. n.a. -0.2 0.3 -0.1 1.0 0.0 0.3 0.5 -0.3 1.487 1.226 100.2 100.0 100.5 100.4 0.0 n.a. -0.1 -0.1 -0.2 -0.3 0.0 -0.1 0.3 0.4 5.712 0.370 1.184 0.977 0.677 0.826 0.330 0.923 88.5 113.8 109.3 94.2 58.9 83.5 96.9 89.7 88.9 110.0 110.8 94.2 60.6 83.3 97.3 90.2 -1.3 19.4 -14.1 -0.7 16.5 -10.9 -1.3 -0.6 2.4 1.1 5.5 0.4 6.3 -0.1 -0.2 2.2 1.1 0.8 5.1 -2.3 -1.3 2.4 -0.7 0.9 -5.0 -1.6 -17.9 -1.9 0.5 -2.0 0.0 0.1 0.5 -3.3 1.4 0.0 2.9 -0.2 0.4 0.6 0.424 101.0 100.2 n.a. 0.3 -0.1 -1.6 -0.8 2.130 0.692 110.7 102.3 110.7 102.2 0.0 -0.7 -3.6 -0.4 -0.8 -0.1 -0.6 0.2 0.0 -0.1 1.304 120.0 120.1 2.5 -4.4 -1.6 0.4 0.1 0.437 93.4 93.6 -3.7 1.6 -1.1 -3.2 0.2 5 51 52 53 54 55 56 57 58 59 6 62 63 64 65 66 67 68 69 7 71 72 73 74 75 76 77 78 8 82 84 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. 10.895 2.565 0.832 0.491 1.239 96.7 85.2 99.6 102.0 103.0 96.9 85.3 99.9 102.3 102.9 -0.5 -4.7 -2.7 1.4 1.1 0.2 0.8 0.3 0.0 -0.2 0.6 0.6 -0.7 0.6 1.0 -0.3 -1.3 0.3 -0.4 0.8 0.2 0.1 0.3 0.3 -0.1 0.747 0.552 1.899 0.818 1.752 102.3 94.3 97.8 98.6 104.0 102.8 95.0 97.5 99.5 104.3 2.3 n.a. 2.1 0.4 2.5 1.1 -2.5 1.1 -0.7 0.1 -0.3 -1.8 2.1 0.4 0.4 0.1 -2.0 0.0 -0.2 0.5 0.5 0.7 -0.3 0.9 0.3 9.608 0.668 97.8 103.0 97.7 103.1 -0.8 0.6 0.4 -0.3 0.1 0.1 0.2 0.3 -0.1 0.1 0.288 91.0 90.3 -2.4 0.7 1.1 -1.8 -0.8 1.475 82.3 82.8 -7.5 -0.5 -0.1 -1.0 0.6 1.409 103.7 103.1 n.a. 0.1 -1.0 2.0 -0.6 1.284 1.101 1.272 1.953 104.0 103.3 92.0 104.0 104.1 103.1 91.6 103.7 2.1 n.a. -3.4 1.5 0.1 0.1 2.8 0.6 -0.1 0.4 -0.8 1.0 0.0 -0.2 0.3 0.8 0.1 -0.2 -0.4 -0.3 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 50.245 100.6 100.5 -0.1 -0.1 0.0 0.1 -0.1 4.229 106.3 106.5 2.8 0.1 0.4 0.7 0.2 4.599 0.942 103.8 104.6 104.3 103.8 1.3 2.3 0.1 1.1 -0.1 1.3 0.1 -0.2 0.5 -0.8 4.931 6.745 104.6 86.4 104.4 85.6 2.5 -8.7 0.4 -0.9 0.3 -0.3 0.5 -0.2 -0.2 -0.9 3.781 11.827 8.986 99.9 96.9 101.9 99.6 96.9 101.7 -1.1 -2.9 0.8 -0.6 -0.1 -0.1 -0.3 -0.2 0.3 0.0 0.2 0.1 -0.3 0.0 -0.2 MISCELLANEOUS MANUFACTURED ARTICLES Furniture and parts thereof Articles of apparel and clothing accessories 11.098 0.621 101.4 102.6 101.6 103.9 1.2 2.6 0.1 0.3 0.0 0.1 -0.1 0.0 0.2 1.3 1.240 101.4 101.4 n.a. 0.4 0.1 0.0 0.0 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. 87 88 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) 89 1 2 3 Harmonized System I 02 03 II 103.1 103.4 2.4 0.3 0.1 -0.7 0.3 0.926 97.5 99.1 n.a. -0.2 -0.3 -0.9 1.6 4.204 100.6 100.3 -0.1 -0.2 0.0 0.6 -0.3 0.451 100.8 100.9 n.a. -0.1 0.0 0.1 0.1 Relative importance figures are based on 1995 trade values. Data for February, March and April 1997 have been revised to reflect the availability of late reports and corrections by respondents. All data are subject to revision in each of the three months after original publication. Product categories included in this group have been modified due to concordance or coverage limitations. NOTE: Table 5 3.656 n.a. Not available. Published categories may include price data not shown separately U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods, May 1996-May 1997 1995=100, unless otherwise noted Index Percent Change Relative ImportAnnual Monthly ance May Jan. Feb. Description 1996 1997 1997 April April May to to to 1997 1997 1997 May Feb. March 1/ 2/ 1997 1997 1997 LIVE ANIMALS; ANIMAL PRODUCTS Meat and edible meat offal Fish and crustaceans, molluscs and other aquatic invertebrates 3/ Other live animals and animal products (9612=100) VEGETABLE PRODUCTS March 1997 to April 1997 April 1997 to May 1997 1.527 0.277 100.2 100.0 102.3 98.3 8.4 10.0 1.7 0.4 1.3 6.1 0.6 1.1 2.1 -1.7 0.863 100.9 102.5 7.1 1.8 -0.4 0.6 1.6 0.388 101.1 106.9 n.a. 2.2 2.0 0.4 5.7 1.560 91.5 97.9 0.1 9.5 3.4 -6.5 7.0 07 08 09 3/ IV 20 22 3/ V 26 27 28 29 30 32 37 38 3/ 39 40 VIII 42 IX X PREPARED FOODSTUFFS, BEVERAGES, AND TOBACCO Preparations of vegetables, fruit, nuts, or other parts of plants Beverages, spirits, and vinegar Other prepared foodstuffs (9612=100) MINERAL PRODUCTS Ores, slag and ash Mineral fuels, oils and residuals, bituminous substances and mineral wax VI VII 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 PRODUCTS OF THE CHEMICAL OR ALLIED INDUSTRIES Inorganic chemicals Organic chemicals Pharmaceutical products Tanning & dyeing extracts; dye & pigments; varnish & paints; putty Photographic or cinematographic goods Miscellaneaous chemical products (9612=100) Other products of the chemical or allied industries (9612=100) PLASTICS AND ARTICLES THEREOF; RUBBER AND ARTICLES THEREOF Plastics and articles thereof Rubber and articles thereof RAW HIDES, SKINS, LEATHER, FURSKINS, TRAVEL GOODS, ETC Articles of leather; travel goods, bags, etc. of various materials WOOD, WOOD CHARCOAL, CORK, STRAW, BASKET AND WICKER WOOD PULP, WASTE AND SCRAP PAPER, PAPER 0.263 98.3 112.5 -5.1 11.9 26.4 -21.2 14.4 0.465 0.424 0.408 104.5 88.1 95.0 104.2 97.5 101.4 1.3 14.8 -2.9 -1.9 11.0 20.0 0.4 14.1 -14.0 -2.3 -1.8 -4.6 -0.3 10.7 6.7 2.049 101.4 101.5 -2.5 -0.2 -0.8 0.6 0.1 0.276 0.735 1.038 93.0 103.4 100.0 93.3 103.2 100.3 -17.1 2.0 n.a. -2.5 0.0 0.2 -1.5 -0.1 -1.0 -2.9 0.5 1.7 0.3 -0.2 0.3 9.745 0.296 105.4 103.8 106.2 103.8 -9.0 6.6 -7.5 0.2 -10.8 0.6 -7.1 3.9 0.8 0.0 9.220 105.4 106.3 -9.6 -7.8 -11.3 -7.5 0.9 5.249 0.866 1.996 0.548 100.1 105.5 96.3 101.7 100.0 105.4 96.5 101.8 -2.0 1.9 -3.3 -0.2 -0.6 -0.1 -0.7 -1.1 0.0 0.6 0.4 -0.5 -0.8 0.0 -2.9 0.6 -0.1 -0.1 0.2 0.1 0.287 0.361 96.1 100.7 95.6 100.4 -6.7 0.6 -2.7 0.0 -0.3 1.0 0.3 1.8 -0.5 -0.3 0.416 99.1 98.6 n.a. -1.1 -1.2 0.4 -0.5 0.776 100.1 99.7 n.a. 0.4 -0.6 0.3 -0.4 2.807 1.714 1.093 93.1 94.2 91.6 93.0 94.6 90.7 -3.4 -1.7 -5.9 -0.6 -0.6 -0.6 0.1 0.6 -0.5 -0.9 -0.7 -1.1 -0.1 0.4 -1.0 0.998 103.4 104.0 2.4 -0.5 0.0 -0.4 0.6 0.803 101.5 101.8 1.2 -0.2 0.1 0.1 0.3 1.734 113.5 114.9 10.0 3.1 0.1 -1.0 1.2 47 48 49 XI 61 62 63 3/ XII 64 69 70 XIV XV 72 73 74 76 83 3/ 84 85 2.276 82.8 83.3 -8.6 0.0 0.4 0.1 0.6 0.354 64.6 65.2 7.6 0.0 -1.1 -2.0 0.9 1.570 0.353 86.9 100.7 87.3 101.9 -14.0 1.4 -0.5 2.1 1.2 -1.7 0.7 -0.2 0.5 1.2 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) 6.865 101.8 102.8 1.9 0.2 0.4 0.7 1.0 2.030 101.9 102.0 0.3 -0.2 0.6 0.7 0.1 3.290 103.4 105.5 3.8 0.8 0.3 1.0 2.0 0.342 98.1 98.2 -2.7 -1.4 0.6 -0.3 0.1 1.203 101.1 100.9 n.a. -0.1 0.4 0.2 -0.2 2.055 101.1 101.1 -0.2 0.2 -0.6 0.1 0.0 1.770 100.8 100.7 -0.6 0.2 -0.8 0.0 -0.1 0.285 101.3 101.5 n.a. 0.0 0.2 1.1 0.2 STONE, PLASTER, CEMENT, ASBESTOS,CERAMIC GLASS ETC. Ceramic products Glass and glassware 1.146 0.437 0.451 103.3 101.0 104.8 103.5 100.6 104.6 0.6 n.a. 0.9 0.0 -0.4 1.0 -0.7 -0.3 -2.1 -0.4 -0.8 1.0 0.2 -0.4 -0.2 PEARLS, STONES, PRECIOUS METALS, IIITATION JEWELRY, AND COINS 2.153 97.3 97.7 -2.1 -1.1 0.9 -0.1 0.4 5.838 1.741 1.294 0.461 0.958 0.414 95.1 95.3 98.4 86.0 92.4 102.7 95.2 95.1 98.2 83.4 92.7 102.5 -1.9 -1.5 -2.7 -7.3 0.2 1.7 0.9 0.1 -0.6 3.1 3.4 0.4 0.4 0.5 -0.6 1.4 -0.1 0.0 -0.1 0.1 -0.3 0.8 -1.0 0.1 0.1 -0.2 -0.2 -3.0 0.3 -0.2 0.534 107.4 111.7 n.a. 2.3 3.9 2.6 4.0 30.835 92.1 91.5 -6.2 -0.4 -0.4 -1.3 -0.7 16.203 93.3 92.6 -5.6 -0.7 -1.3 -1.5 -0.8 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 XVI 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 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 XVII VEHICLES, AIRCRAFT, VESSELS AND ASSOCIATED TRANSPORT EQUIPMENT Motor vehicles and their parts 87 XVIII OPTICAL, PHOTO, MEASURING, MEDICAL & MUSICAL INSTRUMENTS; CLOCKS & WATCHES Optical, photographic, measuring and medical instruments Clocks and watches and parts thereof 90 91 XX 94 MISCELLANEOUS MANUFACTURED ARTICLES Furniture; stuffed furnishings; lamps and lighting fittings nes; Toys, games and sports equipment; parts and accessories thereof Miscellaneous manufactured articles 95 96 1 2 3 Harmonized System 90.7 90.3 -6.7 -0.1 0.4 -1.1 -0.4 15.649 14.796 100.7 100.6 100.5 100.3 -0.1 -0.3 0.0 -0.1 0.1 0.1 -0.3 -0.1 -0.2 -0.3 3.553 94.9 94.1 -4.6 -0.4 -1.1 -0.1 -0.8 3.036 0.375 94.8 94.7 93.9 94.0 -4.6 -5.9 -0.4 -0.8 -1.0 -1.8 -0.2 -0.2 -0.9 -0.7 3.692 100.0 99.7 -1.0 -0.4 -0.3 0.3 -0.3 1.583 100.0 99.8 -0.3 -0.2 -0.2 0.2 -0.2 1.823 0.286 100.8 94.9 100.7 93.1 -1.1 -4.1 -0.3 -2.1 -0.2 -0.3 0.1 1.1 -0.1 -1.9 March 1997 to April 1997 April 1997 to May 1997 Relative importance figures are based on 1995 trade values. Data for February, March and April 1997 have been revised to reflect the availability of late reports and corrections by respondents. All data are subject to revision in each of the three months after original publication. Product categories included in this group have been modified due to concordance or coverage limitations. NOTE: Table 6 14.632 Published categories may include price data not shown separately U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods, May 1996-May 1997 1995=100, unless otherwise noted Index Percent Change Relative ImportAnnual Monthly ance May Jan. Feb. Description 1996 1997 1997 April April May to to to 1997 1997 1997 May Feb. March 1/ 2/ 1997 1997 1997 I 02 03 LIVE ANIMALS; ANIMAL PRODUCTS Meat & edible meat offal Fish and crustaceans, molluscs and other aquatic invertebrates 3/ Other live animals and animal products (9612=100) 1.902 1.071 95.5 94.7 94.5 93.6 1.8 -4.3 -2.4 -0.9 0.6 1.9 -0.4 0.4 -1.0 -1.2 0.470 85.3 84.4 -0.7 -7.2 -1.2 -2.0 -1.1 0.361 99.4 98.5 n.a. 0.3 -0.4 -0.7 -0.9 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 5.059 94.9 93.1 -32.9 3.4 2.2 -12.7 -1.9 0.296 93.9 94.7 -5.5 -1.1 0.7 -2.4 0.9 0.715 2.396 97.9 87.5 98.7 82.9 -5.0 -47.2 1.4 4.5 -3.0 2.1 -0.2 -16.3 0.8 -5.3 1.372 110.2 111.2 -12.0 4.2 4.6 -15.7 0.9 III ANIMAL OR VEGETABLE FATS AND OILS 0.470 93.5 93.8 -5.3 2.0 -1.4 -2.8 0.3 IV PREPARED FOODSTUFFS, BEVERAGES, AND TOBACCO Preparations of vegetables, fruit, nuts, or other parts of plants Miscellaneous edible preparations Beverages, spirits, and vinegar Residues and waste from the food industries; prepared animal feed Tobacco and manufactured tobacco substitutes Other prepared foods 3.602 105.7 105.7 -0.9 1.0 0.1 0.2 0.0 0.388 0.355 0.330 109.3 104.1 100.0 107.1 104.5 99.7 1.3 2.0 n.a. 2.4 -0.3 -0.5 -0.5 0.0 0.2 -0.2 0.0 0.1 -2.0 0.4 -0.3 0.798 123.5 124.2 -4.7 4.1 0.8 0.7 0.6 1.232 0.499 100.0 100.8 100.4 100.4 n.a. n.a. -0.1 -0.5 -0.3 -0.1 -0.1 0.6 0.4 -0.4 2.749 108.7 108.7 1.1 -2.0 -1.1 -0.5 0.0 2.202 112.7 112.8 1.3 -2.9 -1.0 -0.6 0.1 8.822 0.922 2.889 0.895 0.613 97.2 101.7 89.0 102.6 94.3 97.5 101.9 89.1 102.5 95.0 -1.0 -1.4 -4.1 1.7 n.a. 0.3 0.5 1.0 -0.3 -2.5 0.1 -0.9 0.3 1.4 -1.8 -0.4 0.5 -0.7 0.2 -2.0 0.3 0.2 0.1 -0.1 0.7 0.500 101.7 102.0 1.0 0.0 0.6 -0.4 0.3 0.525 102.8 103.5 3.0 1.9 0.0 0.0 0.7 II 07 08 10 12 20 21 22 23 24 3/ V 27 VI 28 29 30 31 32 33 34 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 37 38 VII 39 40 VIII 41 IX X 47 48 49 XI 52 XIII 70 XIV XV 72 73 74 76 82 83 scouring products; candles, pastes Photographic or cinematographic goods Miscellaneous chemical products 0.306 0.424 1.531 101.0 94.8 103.8 101.3 94.9 104.1 1.2 -0.5 1.9 -0.2 -0.5 0.1 -0.5 -0.5 0.5 0.1 -2.0 0.3 0.3 0.1 0.3 4.378 3.475 0.903 98.5 98.0 100.3 98.6 98.2 100.2 0.8 0.8 0.6 0.5 0.3 0.9 1.0 1.3 -0.1 -0.2 -0.1 -0.6 0.1 0.2 -0.1 0.604 104.1 102.6 10.7 0.5 -0.4 -0.9 -1.4 0.440 102.0 99.7 9.9 0.6 2.0 -1.1 -2.3 1.291 94.2 94.0 -0.6 0.5 -1.5 -1.8 -0.2 2.816 74.7 75.7 -0.9 -0.3 -0.5 -0.8 1.3 0.622 56.3 57.4 7.3 1.2 -2.1 -0.2 2.0 1.426 0.768 81.9 104.0 82.6 105.7 -8.3 2.9 -0.7 -0.9 0.4 -1.0 -1.8 0.6 0.9 1.6 3.226 93.7 93.4 -4.4 0.0 0.2 0.3 -0.3 0.711 83.2 83.0 -12.1 -0.2 0.5 -1.5 -0.2 STONE, PLASTER, CEMENT, ASBESTOS, CERAMIC, GLASS ETC. Glass and glassware 0.842 0.482 103.2 101.1 103.3 101.0 n.a. n.a. 0.0 -0.3 -0.1 -0.1 0.0 0.0 0.1 -0.1 PEARLS, STONES, PRECIOUS METALS, IMITATION JEWELRY, AND COINS 1.882 97.8 97.0 -4.2 -2.2 -0.5 1.0 -0.8 4.624 0.975 1.231 0.458 0.876 96.9 94.6 106.5 88.3 89.0 96.4 93.6 106.1 87.4 88.9 -1.7 -4.7 2.0 -8.3 -1.8 1.2 0.6 0.2 1.2 3.2 0.8 0.3 2.9 2.1 -0.4 0.5 0.5 0.5 0.9 0.1 -0.5 -1.1 -0.4 -1.0 -0.1 0.408 0.369 103.2 100.1 103.0 99.8 n.a. 1.8 0.5 0.2 -0.3 0.0 -0.4 0.6 -0.2 -0.3 PLASTICS AND ARTICLES THEREOF; RUBBER AND ARTICLES THEREOF Plastics and articles thereof Rubber and articles thereof RAW HIDES, SKINS, LEATHER, FURSKINS, TRAVEL GOODS, ETC. Raw hides and skins (other than furskins) and leather WOOD, WOOD CHARCOAL, CORK, STRAW, BASKET AND WICKER WOOD PULP, WASTE AND SCRAP PAPER, PAPER AND ARTICLES THEREOF Pulp wood or other fibrous cellulosic material; waste paper/paperboard Paper and paperboard; articles of paper pulp, paper or paperboard Printed material TEXTILE AND TEXTILE ARTICLES Cotton, including yarns and woven fabrics thereof BASE METALS AND ARTICLES OF BASE METALS Iron and steel Articles of iron or steel Copper and articles thereof Aluminum and articles thereof Tools, implements, cutlery, spoons and forks, of base metal; parts thereof Miscellaneous articles of base metal XVI MACHINERY, ELECTRICAL EQUIPMENT, TV IMAGE AND SOUND RECORDERS, PARTS, ETC Specialized machinery & computer equipment Electrical machinery and equip, sound & tv recorders & reproducers, parts 84 85 XVII VEHICLES, AIRCRAFT, VESSELS AND ASSOCIATED TRANSPORT EQUIPMENT Motor vehicles and their parts 87 XVIII OPTICAL, PHOTO, MEASURING, MEDICAL & MUSICAL INSTRUMENTS; CLOCKS & WATCHES XX 94 MISCELLANEOUS MANUFACTURED ARTICLES Furniture; stuffed furnishings; lamps and lighting fittings nesoi; Toys, games and sports equipment; parts and accessories thereof 95 1 2 3 36.978 98.1 97.9 -2.0 -0.3 -0.1 0.1 -0.2 20.373 98.5 98.3 -1.5 -0.1 -0.1 0.1 -0.2 16.605 97.6 97.4 -2.7 -0.6 0.0 0.1 -0.2 13.459 9.403 103.9 101.9 103.8 101.8 2.3 0.8 0.0 -0.1 0.2 0.3 0.1 0.0 -0.1 -0.1 5.329 102.1 102.3 1.4 0.3 -0.3 -0.2 0.2 1.750 101.7 102.3 1.3 0.0 0.1 0.0 0.6 0.856 102.8 104.0 2.4 0.3 0.0 0.0 1.2 0.722 100.5 100.5 0.1 -0.1 0.1 -0.1 0.0 Relative importance figures are based on 1995 trade values. Data for February, March and April 1997 have been revised to reflect the availability of late reports and corrections by respondents. All data are subject to revision in each of the three months after original publication. Product categories included in this group have been modified due to concordance or coverage limitations. NOTE: Published categories may include price data not shown separately Table 7 U.S. Import Price Indexes and Percent Changes by Locality of Origin,May 1996-May 1997 1995=100, unless otherwise noted Index Percent Change Percentage of Annual Monthly US Imports May Jan. Feb. March Description 1/ 1996 1997 1997 1997 1995 April May to to to to 1997 1997 May Feb. March April April 1997 to May 2/ 1997 1997 1997 1997 1997 3/ Developed Countries Manufactured Goods Nonmanufactured Goods 55.6 52.2 3.1 97.5 97.3 103.8 97.4 97.0 106.9 -2.9 -2.6 -5.6 -1.0 -0.4 -8.2 -1.1 -0.4 -11.0 -0.8 -0.4 -6.9 -0.1 -0.3 3.0 3/ Developing Countries Manufactured Goods Nonmanufactured Goods 42.7 35.4 7.1 102.0 100.1 105.5 102.2 99.9 108.0 -0.6 -0.7 -3.3 -1.1 -0.2 -5.1 -0.9 0.2 -5.6 -1.2 -0.2 -5.7 0.2 -0.2 2.4 Canada Manufactured Goods Nonmanufactured Goods 18.9 16.5 2.2 99.0 98.6 105.2 99.2 98.5 107.9 -0.9 0.1 -6.1 -1.7 0.1 -11.2 -1.2 0.8 -12.9 -0.7 -0.1 -5.1 0.2 -0.1 2.6 European Union Manufactured Goods Nonmanufactured Goods 17.0 16.4 0.5 101.0 100.8 107.8 101.1 100.8 112.6 -1.3 -1.2 -4.8 -0.4 -0.5 1.5 -1.0 -0.7 -6.1 -0.6 -0.2 -12.9 0.1 0.0 4.5 Japan 16.6 93.5 92.8 -5.6 -0.6 -0.4 -0.7 -0.7 5/ Asian Newly Industrialized Countries 10.9 96.4 96.2 -2.8 -0.2 0.0 0.1 -0.2 1 Regions are not mutually exclusive. 2 Data for February, March and April 1997 have been revised to reflect the availability of late reports and corrections by respondents. 3 Defined according to the Standard Census Definition. 4 Includes EU 5 Includes Hong Kong, Singapore, South Korea, and Taiwan. 4/ 15 countries Table 8 U.S. Import and Export Price Indexes and Percent Changes for Selected Categories of Services. March 1996-March 1997 1995 = 100, unless otherwise noted Index Percent Change Description Trade (Mil. of Dollars) Dec. 1996 March 1997 Annual March 1996 to March 1997 March 1996 to June 1996 Quarterly June 1996 to Sept. 1996 Sept. 1996 to Dec. 1996 Dec. 1996 to March 1997 IMPORT Air Freight Atlantic Pacific 3188 1278 1674 95.6 98.2 94.8 90.1 91.2 90.5 -8.4 -7.9 -8.5 -1.3 -2.5 -0.8 -0.3 2.0 -1.4 -1.2 -0.2 -2.0 -5.8 -7.1 -4.5 1/ 1/ 1/ Air Passenger Fares Atlantic Pacific Latin American / Caribbean 11127 4922 2340 3021 100.0 98.4 99.0 104.1 101.2 100.7 98.1 107.0 4.1 4.9 2.3 4.4 7.5 10.5 5.7 0.1 -1.4 -0.3 -9.2 1.4 -2.9 -7.0 7.5 0.1 1.2 2.3 -0.9 2.8 1/ Crude Oil Tanker Freight (1990 = 100) 1985 122.0 n.a. n.a. -1.4 -11.3 6.4 n.a. Ocean Liner Freight U.S. East Coast from Atlantic from Pacific U.S. West Coast from Pacific 9868 4271 1952 1774 5596 5126 98.6 101.7 102.9 100.4 95.7 94.9 98.0 100.5 100.4 100.2 95.4 95.0 -4.0 -2.2 -4.5 -0.4 -6.0 -6.2 -1.9 -1.1 -2.2 -0.2 -2.8 -3.1 -1.3 -0.1 0.2 -0.2 -2.4 -2.5 -0.3 0.1 -0.1 0.2 -0.6 -0.8 -0.6 -1.2 -2.4 -0.2 -0.3 0.1 Air Freight (12/96 = 100) 2562 100.0 98.5 n.a. n.a. n.a. n.a. -1.5 Air Passenger Fares Atlantic Pacific Latin American / Caribbean Canadian 17272 4120 10700 1392 1006 99.7 104.7 89.6 101.6 145.8 96.7 98.7 87.1 101.8 146.2 -1.3 -0.5 -9.4 0.7 41.7 1.4 5.7 -2.5 -1.1 4.5 3.5 8.3 0.2 0.8 7.1 -3.1 -7.8 -4.6 0.8 26.3 -3.0 -5.7 -2.8 0.2 0.3 EXPORT 1/ 1/ 1 Detailed data available upon request. n.a. N Table 9 U.S. International Price Indexes and Percent Changes for Selected Categories of Services. March 1996-March 1997 1995 = 100, unless otherwise noted Index Percent Change Description Trade (Mil. of Dollars) Dec. 1996 March 1997 Annual March 1996 to March 1997 March 1996 to June 1996 Quarterly June 1996 to Sept. 1996 Sept. 1996 to Dec. 1996 Dec. 1996 to March 1997 1/ 1/ 1/ 1/ 1/ 1/ 1/ Air Freight (Inbound) Atlantic Pacific 5495 1880 3151 95.0 96.6 94.0 89.5 89.7 89.8 -6.7 -5.5 -7.1 -0.8 -1.8 -0.5 0.5 1.8 -0.6 -0.6 1.8 -1.7 -5.8 -7.1 -4.5 Air Freight (Outbound) Atlantic Pacific 5835 2080 3222 99.2 99.0 100.2 99.8 99.9 100.3 0.7 1.8 -0.4 0.3 0.8 0.0 -0.5 -0.2 -0.9 0.3 0.3 0.4 0.6 0.9 0.1 Air Passenger Fares (U.S. Carrier) Atlantic Pacific Latin American / Caribbean Canadian 30673 8811 15900 4542 1367 101.6 99.6 95.0 102.9 153.6 99.8 97.3 92.7 105.1 150.0 1.5 1.6 -6.0 2.2 44.4 6.1 13.4 1.7 -0.1 2.8 2.9 6.0 -1.7 0.2 15.7 -5.3 -13.5 -3.7 0.0 24.3 -1.8 -2.3 -2.4 2.1 -2.3 Air Passenger Fares (Foreign Carrier) Atlantic Pacific Latin American / Caribbean 31694 13572 12570 4224 100.7 100.3 94.2 103.6 98.9 97.6 92.3 105.8 2.7 1.6 -0.4 3.5 7.0 10.2 4.5 -0.1 2.4 4.0 -2.6 1.3 -4.5 -8.9 -0.2 0.2 -1.8 -2.7 -2.0 2.1 Crude Oil Tanker Freight (Inbound) (1990 = 100) 2153 122.1 n.a. n.a. -1.9 -11.0 8.1 n.a. Ocean Liner Freight (Inbound) U.S. East Coast from Atlantic from Pacific U.S. West Coast from Pacific 12253 5410 2647 1874 6844 6347 98.4 101.7 101.4 98.5 95.4 94.8 97.6 99.8 99.4 98.4 95.4 95.1 -3.8 -2.5 -4.6 -0.7 -5.4 -5.5 -1.9 -0.9 -1.6 -0.5 -3.0 -3.2 -1.6 -0.8 -1.4 -0.2 -2.5 -2.5 0.4 1.0 0.3 0.1 0.0 -0.2 -0.8 -1.9 -2.0 -0.1 0.0 0.3 1 Detailed data available upon request. n.a. TECHNICAL NOTE Import and Export Merchandise and Services Price Indexes -- All indexes use a modified Laspeyres formula and are weighted with 1995 trade weights. The merchandise price indexes are published using three classifications: the Harmonized System (HS), the Bureau of Economic Analysis End Use System, and the Standard International Trade Classification (SITC) system, Rev. 3. Price indexes for internationally traded services are presented using two definitions: Balance of Payments (which represents transactions between U.S. and foreign residents) and International (which represents all transactions N with U.S. importers or exporters, regardless of nationality). Published series use a base year of 1995=100 where possible. Net transaction price data are collected every month for over 20,000 products from over 6,000 companies and secondary sources. Indexes are not seasonally adjusted. More detailed index series and additional information may be obtained from the Division of International Prices, Bureau of Labor Statistics, 2 Massachusetts Avenue N.E., PSB 3955, Washington, DC 20212 or (202) 606-7155. Import Price Indexes -- Products have been classified by the 1995 Harmonized Tariff Schedule of the United States Annotated (TSUSA). Import prices are based on U.S. dollar prices paid by the U.S. importer. The prices are generally either "free on board" (f.o.b.) foreign port or "cost, insurance, and freight" (c.i.f.) U.S. port transaction prices, depending on the practices of the individual industry. The index for crude petroleum is calculated from data collected by the U.S. Department of Energy. Export Price Indexes -- Products have been classified by the 1995 Harmonized Schedule B classification system of the U.S. Bureau of the Census. The prices used are generally either "free alongside ship" (f.a.s.) factory or "free on board" (f.o.b.) transaction prices, depending on the practices of the individual industry. Prices used in the grain index, excluding rice, are obtained from the U.S. Department of Agriculture. Import Indexes by Locality of Origin -- Prices used in these indexes are a subset of the data collected for the Import Price Indexes. Prior to January 1993, nonmanufactured goods were defined as SITC 0-4 and manufactured goods were defined as SITC 5-8. Beginning with January 1993, the indexes are defined by locality of origin using a nomenclature based upon the Standard Industrial Classification (SIC-based). Nonmanufactured goods are defined as SIC 0-1, and manufactured goods are defined as SIC 2-3. The indexes use 1995 weights and a base of 1995=100. Import, Export, and International Services Indexes -- Indexes are calculated on a quarterly basis. The figures for services indexes will not sum up to the aggregate dollar value because not all categories are shown in the tables. Revenue figures for air passenger indexes exclude frequent flyer tickets and those sold by consolidators. Indexes for crude oil tanker freight are calculated from data collected by the U. S. Department of Energy and the publication of these indexes is lagged one quarter. Revision policy -- Data are revised for the previous three months to reflect the availability of late reports and corrections by respondents. Uses of the Data -- The primary use of the indexes is to deflate trade statistics. For merchandise trade, the End Use classification system is the structure used by the U.S. Department of Commerce in the construction of the foreign trade sector of the National Income and Product Accounts. Indexes published using the Harmonized System and the Standard International Trade Classification, Rev. 3, both international structures, are useful for general market analysis. For trade in international services, Balance of Payments indexes are used for deflating National Accounts data, while International indexes are more appropriate for market analysis. Merchandise and services indexes also can be used to study U.S. competitiveness and price elasticities, and the merchandise import indexes by country or region of origin are useful for terms of trade analysis. The import and export news release contains monthly price indexes at the two-digit level of detail. If you would like to be added to the mailing list for more detailed index and percent change tables, please fill out the form below and mail or fax it to the following address: Division of International Prices Bureau of Labor Statistics PSB Building, Rm. 3955 2 Massachusetts Avenue, N.E. Washington, DC 20212 Phone Number: (202) 606-7155 Fax Number: (202) 606-7179 IPP Order Form Please add my name to the mailing list for the following publications. 1. Monthly News Release ______ 2. Harmonized System Indexes ______ 3. SITC Indexes ______ 4. BEA End-Use Indexes ______ Name______________________________________________ Address___________________________________________ ____________________________________ ____________________________________ ____________________________________ Phone Number ( ) ______________________