U.S. Import And Export Price Indexes — 2004-06-10

The U.S. Import Price Index increased 1.6 percent in May, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. The increase was led by petroleum, up 10.3 percent in May, the largest one-month advance in petroleum prices since February 2003. Export prices were up 0.3 percent in May, as both agricultural and nonagricultural export prices continued to increase. Percent changes in import and export price indexes by End Use category -not seasonally adjusted- Month Non- Agri- Nonagri- All Petroleum petroleum All cultural cultural Imports Imports Imports Exports Exports Exports 2003 May -0.7 -5.0 -0.2 0.1 2.5 -0.2 June 0.9 5.4 0.4 -0.2 -0.5 -0.1 July 0.5 5.2 0.0 -0.1 -0.1 -0.1 August 0.0 1.8 -0.3 0.0 -1.0 0.1 September -0.5 -5.8 0.3 0.4 5.4 -0.1 October 0.1 1.6 -0.1 0.2 2.4 0.1 November 0.5 2.1 0.2 0.5 4.0 0.1 December 0.7 5.1 0.3 0.3 0.4 0.3 2004 January 1.5 7.3 0.8 0.7 0.7 0.7 February 0.4