October 2015 U.S. Import and Export Price Indexes — 2015-11-10

U.S. import prices declined 0.5 percent in October, after falling 0.6 percent the previous month, the U.S. Bureau of Labor Statistics reported today. Lower prices for both fuel and nonfuel imports contributed to the October decrease. Prices for U.S. exports fell 0.2 percent in October, following a 0.6-percent drop in September. All Imports: Overall import prices decreased 0.5 percent in October, continuing a downward trend for the index in 2015. Prices for U.S. imports previously decreased 0.6 percent in September, 1.8 percent in August, and 0.9 percent in July. The price index for overall imports declined 10.5 percent between October 2014 and October 2015, after decreasing 2.1 percent for the year ending in October 2014. Fuel Imports: Import fuel prices decreased 2.0 percent in October, following a 5.4-percent decline the previous month.