U.S. Import And Export Price Indexes — 2007-08-10

The U.S. Import Price Index increased 1.5 percent in July, the Bureau of Labor Statistics of the U.S. Department of Labor reported today, after rising 0.9 percent the previous month. Higher petroleum prices drove the July advance. Export prices also continued to trend upward in July, increasing 0.2 percent following a 0.3 percent advance in June. 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 2007 January -1.2 -6.6 -0.1 0.4 0.6 0.5 February 0.4 1.7 0.0 0.8 2.8 0.6 March 1.6 8.5 0.3 0.7 2.1 0.6 April 1.4 6.8 0.3 0.4 -1.4 0.5 May 0.9 r 2.6 r 0.6 r 0.2 0.0 r 0.2 June 0.9 r 4.4 r 0.1 r 0.3 2.7 r 0.2 r July 1.5 7.0 0.2 0.2 1.5 0.0 Import prices rose 1.5 percent in July, the sixth consecutive increase for the index.