U.S. Import And Export Price Indexes — 2007-06-13

The U.S. Import Price Index rose 0.9 percent in May, the Bureau of Labor Statistics of the U.S. Department of Labor reported today, following a 1.4 percent advance in April. Higher prices for both petroleum and nonpetroleum imports contributed to the increase. Export prices also advanced in May, rising 0.1 percent after a 0.3 percent increase the previous month. 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 r 8.7 r 0.3 0.7 r 2.1 r 0.5 April 1.4 r 6.6 r 0.3 r 0.3 -1.4 r 0.5 r May 0.9 2.7 0.5 0.1 0.0 0.2 Prices for overall imports increased 0.9 percent in May after rising 3.3 percent over the previous three months.