May 2025 U.S. Import and Export Price Indexes — 2025-06-17

U.S. import prices were unchanged in May, the U.S. Bureau of Labor Statistics reported today, following a 0.1-percent increase in April. Higher prices for nonfuel imports offset lower prices for fuel imports in May. Prices for U.S. exports declined 0.9 percent in May, after ticking up 0.1 percent the previous month. Prices for U.S. imports were unchanged in May following an advance of 0.1 percent in April and a decrease of 0.4 percent in March. The price index for U.S. imports rose 0.2 percent from May 2024 to May 2025. (See table 1.) Fuel Imports: Import fuel prices declined 4.0 percent in May following decreases of 2.6 percent in April and 3.4 percent in March. The May decrease was the largest monthly decline since the index fell 7.2 percent in September 2024. Lower prices for petroleum and natural gas contributed to the decrease in import fuel prices in May.