June 2020 U.S. Import and Export Price Indexes — 2020-07-15
The price index for U.S. imports rose 1.4 percent in June, the U.S. Bureau of Labor Statistics reported today, following a 0.8-percent…
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The price index for U.S. imports rose 1.4 percent in June, the U.S. Bureau of Labor Statistics reported today, following a 0.8-percent increase in May. Both the June and May advances were driven by rising fuel prices. U.S. export prices also increased 1.4 percent in June, after advancing 0.4 percent the previous month. ________________________________________________________________________________________________________________ Coronavirus (COVID-19) Pandemic Impact on June 2020 Import and Export Price Index Data The Bureau of Labor Statistics did not make any changes to either the collection method or estimation methodology for the June release of U.S. Import and Export Price Indexes. Survey response rates for June were 4.7-percentage points lower than those in June 2019. A small number of indexes that are normally published were not published in June. Additional information is available at www.bls.gov/covid19/import- export-price-indexes-covid19-impacts-june-2020.htm. ________________________________________________________________________________________________________________ Prices for U.S. imports increased 1.4 percent in June, after rising 0.8 percent the previous month.
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