Data Updates

Data Updates

Keeping you up to date on the latest data releases.

August 2014

  • 08.13.2013
  • Import and Export Prices
  • Import prices increased 0.2 percent in July after declining for the previous four months. Petroleum prices drove the increase, rising 3.2 percent, while nonpetroleum prices fell −0.5 percent compared to June. July represents the largest monthly decrease in nonpetroleum import prices since March 2009. On a year-over-year basis, import prices increase 1.0 percent after inching up 0.1 percent on a yearly basis in June. Petroleum prices jumped 7.8 percent on a yearly basis after averaging a −4.8 percent decline in the second quarter. Nonpetroleum prices fell −0.7 percent year-over-year after falling −0.4 percent, on average, in the second quarter. As in June’s report, nonpetroleum import prices remain subdued while petroleum prices add strength to the headline number.

    Export prices fell −0.1 percent in July, marking five months of consecutive declines. On a year-over-year basis, export prices increased 0.4 percent after rising 0.8 percent in June and falling −0.8 percent in May.