June 2009 U.S. Import and Export Price Indexes — 2009-07-10

The U.S. Import Price Index rose 3.2 percent in June, the Bureau of Labor Statistics of the U.S. Department of Labor reported today, led by higher petroleum prices. The June increase followed a 1.4 percent advance in May. Export prices also increased in June, rising 1.1 percent after advancing 0.5 percent in the previous month. Percent changes in import and export price indexes by End Use category - not seasonally adjusted - U.S import prices increased 3.2 percent in June, the largest monthly advance since a 3.2 percent rise in November 2007. Import prices have risen for each of the past four months but decreased overall for the year ended in June, declining 17.4 percent. The June increase in import prices was driven by a 20.3 percent jump in petroleum prices, the largest monthly advance for that index since a 20.5 percent increase in April 1999.