September 2020 U.S. Import and Export Price Indexes — 2020-10-15

Prices for U.S. imports increased 0.3 percent in September, the U.S. Bureau of Labor Statistics reported today, following advances of 1.0 percent in August, 1.2 percent in July, and 1.3 percent in June. In September, rising prices for nonfuel imports more than offset lower fuel prices. U.S. export prices increased 0.6 percent in September, after advancing 0.5 percent the previous month. Coronavirus (COVID-19) Pandemic Impact on September 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 September release of U.S. Import and Export Price Indexes. Survey response rates for September were 5.6-percentage points lower than those in September 2019. A small number of indexes that are normally published were not published in September. Additional information is available at www.bls.gov/covid19/import-export-price-indexes-covid19-impacts-september-2020.htm. ____________________________________________________________________________________________________________ U.S. import prices rose 0.3 percent in September, after increasing 4.2 percent from April to August.