November 2020 U.S. Import and Export Price Indexes — 2020-12-15

Prices for U.S. imports ticked up 0.1 percent in November, the U.S. Bureau of Labor Statistics reported today, after edging down 0.1 percent in October. Higher fuel prices in November more than offset lower nonfuel prices. U.S. export prices also rose in November, increasing 0.6 percent following advances of 0.2 percent in October and 0.6 percent in September. ___________________________________________________________________________________________________________ Coronavirus (COVID-19) Pandemic Impact on November 2020 Import and Export Price Index Data The Bureau of Labor Statistics did not make changes to either the collection method or estimation methodology for the November release of U.S. Import and Export Price Indexes. Survey response rates for November were 5.6-percentage points lower than those in November 2019. A small number of indexes that are normally published were not published in November. Additional information is available at www.bls.gov/covid19/import-export-price-indexes-covid19-impacts-november-2020.htm. ___________________________________________________________________________________________________________ The price index for U.S. imports increased 0.1 percent in November following a 0.1-percent decline the previous month.