July 2025 U.S. Import and Export Price Indexes — 2025-08-15

U.S. import prices increased 0.4 percent in July, the U.S. Bureau of Labor Statistics reported today, following a 0.1-percent decrease in June. Higher prices for nonfuel imports and fuel imports drove the advance in July. Prices for U.S. exports rose 0.1 percent in July, after increasing 0.5 percent the previous month. Import prices increased 0.4 percent in July following a decrease of 0.1 percent in June and a decline of 0.4 percent in May. Prices for U.S. imports decreased 0.2 percent from July 2024 to July 2025. (See table 1.) Fuel Imports: Prices for import fuel advanced 2.7 percent in July following an increase of 0.8 percent in June and a decrease of 5.0 percent in May. The July increase was the largest monthly advance since the index rose 3.0 percent in January 2025. Higher prices for import petroleum and import natural gas drove the July increase, advancing 2.4 percent and 4.7 percent, respectively.