June 2013 U.S. Import and Export Price Indexes — 2013-07-11

Prices for U.S. imports decreased 0.2 percent in June, the U.S. Bureau of Labor Statistics reported today, following a 0.7 percent decline in May. In June, a drop in nonfuel prices more than offset increasing fuel prices. The price index for U.S. exports edged down 0.1 percent in June, after a 0.5 percent decrease the previous month. All Imports: Import prices fell 0.2 percent in June following decreases of 0.7 percent in May, 0.6 percent in April, and 0.1 percent in March. Unlike the May and April declines where lower fuel prices contributed to the decreases, the June drop resulted solely from lower nonfuel prices. Despite the decline over the past four months, overall import prices rose 0.2 percent for the year ended in June following a 1.9 percent decrease from May 2012 to May 2013.