U.S. Import And Export Price Indexes — 1998-06-11

The U.S. Import Price Index declined 0.1 percent in May, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. The decrease was the seventh in a row and was led by a continued fall in prices for nonpetroleum imports. In contrast, the U.S. Export Price Index rose 0.1 percent in May following declines in each of the past five months. 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 The rate of decline in import prices continued to slow somewhat in May, edging down 0.1 percent after falling 0.3 percent in April.Import prices had fallen between 0.8 percent and 1.3 percent in each of the prior four months.