November 2015 U.S. Import and Export Price Indexes — 2015-12-10

Prices for U.S. imports fell 0.4 percent in November following a 0.3-percent decline in October, the U.S. Bureau of Labor Statistics reported today. A decrease in import fuel prices drove the November decline in the price index for overall imports. U.S. export prices declined 0.6 percent in November, after a 0.2-percent decrease the previous month. All Imports: Overall import prices decreased 0.4 percent in November, after falling 0.3 percent in October and 1.1 percent in September. Import prices have trended down throughout 2015, declining each month with the exception of May and June. Prices for imports fell 9.4 percent for the year ended in November, and have not increased on a 12-month basis since the index rose 0.9 percent in July 2014. Fuel Imports: Fuel prices resumed a downward trend in November, declining 2.5 percent following a 0.1- percent uptick the previous month. The price index for import fuel decreased 24.9 percent between June and September.