U.S. Import And Export Price Indexes — 2005-08-12

Prices for U.S. imports rose 1.1 percent in July after a similar increase of 1.0 percent in June, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. For the second consecutive month, higher petroleum prices more than offset a decrease in nonpetroleum prices. The price index for U.S. exports advanced 0.1 percent in July following declines in May and June. 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 2005 January 0.6 2.2 0.3 0.8 0.6 0.8 February 0.9 5.1 0.1 0.1 -0.5 0.1 March 2.2 13.4 0.3 0.7 3.8 0.4 April 0.9 3.6 0.4 0.5 0.3 0.6 May -1.0 -5.4 r -0.2 -0.2 2.0 r -0.5 June 1.0 7.9 r -0.2 r -0.1 r 1.0 r -0.2 r July 1.1 6.6 -0.1 0.1 -0.2 0.2 The 1.1 percent increase in import prices was