March 2015 U.S. Import and Export Price Indexes — 2015-04-10

U.S. import prices fell 0.3 percent in March following a 0.2-percent upturn the previous month, the U.S. Bureau of Labor Statistics reported today. In March, lower nonfuel prices more than offset a rise in fuel prices. The price index for U.S. exports rose in March, ticking up 0.1 percent, after declining 0.2 percent in February. All Imports: Import prices decreased 0.3 percent in March, after increasing 0.2 percent in February, the first monthly advance recorded since a 0.3-percent rise in June 2014. Prior to February, import prices decreased 10.3 percent from June 2014 to January 2015. U.S. import prices declined 10.5 percent over the past year, the largest 12-month decrease since the index fell 12.0 percent for the year ended September 2009. Fuel Imports: Fuel prices increased for the second consecutive month in March, rising 0.4 percent, after a 3.9-percent advance in February.