Data Updates

Data Updates

Keeping you up to date on the latest data releases.

July 2014

  • 01.13.2012
  • Import and Export Prices
  • U.S import prices ticked down 0.1 percent in December after rising a revised 0.8 percent in November (0.7 percent, previously). December marks the fourth decrease in the past five months signaling a low potential for foreign prices to cause increases in domestic price levels. The decline, in line with consensus forecasts, was driven by a −0.4 percent fuel import prices which were offset a 0.1 percent uptick in nonfuel import prices. On a year-over-year basis import prices were up 8.5 percent marking the third consecutive year imports increased. Non-fuel import prices turned positive in December, marking 0.1 percent gains after decreasing in November and October by 0.2 percent. Year-over-year, non-fuel import prices advanced as well, with gains of 3.4 percent, up from 3.0 percent in 2010. Drivers behind 2011’s increase were nonfuel industrial supplies (up 6.8 percent) and materials and foods, feeds and beverages (up 6.3 percent).

    U.S. export prices declined 0.5 percent in December after rising 0.1 percent in November. Decreases in both agricultural exports (down 2.6 percent) and nonagricultural exports (down 0.2 percent) contributed to the overall decline. Year-over-year, exports posted gains of 3.6 percent for 2011, a slight decrease from 2010’s 6.5 percent gain.