Attachment 16 - IPP Press Release

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International Price Program U.S. Import and Export Price Indexes

Attachment 16 - IPP Press Release

OMB: 1220-0025

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USDL-15-0387

Transmission of material in this release is embargoed until
8:30 a.m. (EDT) Thursday, March 12, 2015
Technical information: (202) 691-7101 • [email protected] • www.bls.gov/mxp
Media contact:
(202) 691-5902 • [email protected]

U.S. IMPORT AND EXPORT PRICE INDEXES – FEBRUARY 2015
U.S. import prices increased 0.4 percent in February following declines of 3.1 percent in January and 2.5
percent in December, the U.S. Bureau of Labor Statistics reported today. An upturn in fuel prices led the
February rise. Prices for U.S. exports edged down 0.1 percent in February, after a 1.9-percent drop the
previous month.
Chart 1. One-month percent change in the Import Price Index: February 2014 – February 2015
Percent change
2
1.1
1

0.5

0.3

0.4

0.3

0
-0.3
-0.6

-1

-0.8

-0.8
-1.4

-2

-1.8
-2.5

-3

-3.1
-4
Feb'14

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Jan

Feb'15

Chart 2. 12-month percent change in the Import Price Index: February 2014 – February 2015
Percent change
3
2
1
0
-1
-2
-3
-4
-5
-6
-7
-8
-9
-10
-11

0.5

-1.1

-0.5

1.2

0.9
-0.3

-0.4

-1.4

-2.1
-3.1
-5.5

-8.7
Feb'14

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Jan

-9.4
Feb'15

All Imports: Import prices advanced 0.4 percent in February, the first monthly rise since a 0.3-percent
increase in June 2014, and the largest 1-month advance since the index rose 0.5 percent in March 2014. In
February, an upturn in fuel prices more than offset declining nonfuel prices. Despite the February increase,
import prices fell 9.4 percent over the past 12 months, the largest year-over-year decrease since the index
fell 12.0 percent between September 2008 and September 2009.
Fuel Imports: The price index for import fuel increased 6.5 percent in February, the first advance since a
1.6-percent rise in June 2014. The February increase was the largest monthly advance since the index rose
7.6 percent in April 2011, and followed a 19.5-percent drop in January, the largest 1-month decline since a
22.2-percent drop in December 2008. An 8.1-percent advance in petroleum prices led the February increase
in the price index for fuel, more than offsetting a 17.9-percent drop in natural gas prices. Despite the
February upturn, fuel prices declined 43.0 percent over the past year. Petroleum prices declined 43.2 percent
for the year ended in February, and natural gas prices decreased 52.0 percent over the same period.
All Imports Excluding Fuel: Nonfuel import prices decreased 0.3 percent in February, after a 0.6-percent
drop the previous month. The price index for nonfuel imports has not recorded a monthly advance since the
index ticked up 0.1 percent in July 2014. In February, decreasing prices for nonfuel industrial supplies and
materials; capital goods; automotive vehicles; and foods, feeds, and beverages all contributed to the overall
drop in nonfuel prices. In contrast, consumer goods prices increased in February. Nonfuel import prices fell
1.2 percent for the year ended in February.
Table A. Percent change in Import and Export Price Indexes, selected categories

2

Chart 3. One-month percent change in the Export Price Index: February 2014 – February 2015
Percent change
2
1

0.8

0.9
0.1

0.1

0
-0.5

-0.5

-1

-0.1

-0.4
-0.9

-1.0

-0.9

-0.9

-2

-1.9

-3
Feb'14

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Jan

Feb'15

Chart 4. 12-month percent change in the Export Price Index: February 2014 – February 2015
Percent change
2
1

0.6

0.4

0.2

0.4

0.4

0
-1

-0.1

-0.4

-1.0

-0.7

-2

-1.7

-3
-3.0

-4
-5

-5.1

-6

-5.9

-7
Feb'14

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Jan

Feb'15

All Exports: U.S. export prices edged down 0.1 percent in February, led by lower agricultural prices which
more than offset rising nonagricultural prices. The price index for overall exports has not recorded a
monthly advance since the index increased 0.1 percent in July 2014. Overall export prices also fell for the
year ended in February, declining 5.9 percent, the largest 12-month drop since the index decreased 6.2
percent in August 2009.
Agricultural Exports: The price index for agricultural exports decreased 2.0 percent in February, after a
1.2-percent drop the previous month. A 5.1-percent decline in soybean prices drove the decrease, although
lower prices for wheat, fruit, and meat were contributing factors. Agricultural prices fell 9.5 percent over the
past 12 months, led by decreasing prices for soybeans, fruit, corn, and wheat.
All Exports Excluding Agriculture: Nonagricultural export prices rose 0.2 percent in February following a
2.0-percent decline in January and 1.0-percent decreases in both December and November. The February
increase was the first advance since a 0.2-percent rise in July 2014, and was driven by higher prices for
nonagricultural industrial supplies and materials and capital goods. The increases more than offset lower
prices for consumer goods and automotive vehicles. Despite the February advance, nonagricultural export
prices fell 5.5 percent over the past year, the largest year-over-year decrease since the index fell 6.6 percent
in July 2009.
3

SELECTED FEBRUARY HIGHLIGHTS
Import Prices
Imports by Locality of Origin: Prices for imports from China declined 0.2 percent for the second
consecutive month in February. The index fell 0.6 percent for the year ended in February, the largest 12month drop since a 0.7-percent decrease between January 2013 and January 2014. The price index for
imports from Japan fell 0.2 percent in February, after declining 0.6 percent in January and 0.5 percent in
December. Import prices from Japan have not recorded a monthly advance since the index rose 0.2 percent
in March 2014. Prices for imports from the European Union also decreased in February, declining 1.0
percent following a 1.4-percent drop in January. In contrast, higher petroleum prices led the price indexes
for imports from Canada and Mexico up in February, 0.2 percent and 0.3 percent, respectively.
Nonfuel Industrial Supplies and Materials: The price index for nonfuel industrial supplies and materials
decreased 1.3 percent in February following a 1.2-percent decline the previous month. Falling chemicals
prices, down 2.2 percent in February and 2.1 percent in January, led both monthly declines.
Finished Goods: Prices for capital goods fell 0.4 percent in February, after decreasing 0.3 percent in
January. The February drop was the largest 1-month decline for the index since a 0.5-percent decrease in
March 2009. Automotive vehicle prices also fell in February, declining 0.2 percent following a 0.7-percent
decrease the previous month. In contrast, consumer goods prices rose 0.3 percent in February.
Foods, Feeds, and Beverages: Foods, feeds, and beverages prices decreased 0.2 percent in February
following a 1.6-percent decline the previous month. Lower coffee and vegetable prices contributed to the
overall drop in foods, feeds, and beverages prices in February.
Transportation Services: Import air passenger fares fell 2.5 percent in February, after decreasing 6.8
percent the previous month. The index for import air passenger fares decreased 0.6 percent for the year
ended in February. Import air freight prices declined 2.2 percent in February, the largest monthly decrease
since the index fell 3.3 percent in January 2012. Prices for import air freight decreased 6.7 percent over the
past 12 months.
Export Prices
Nonagricultural Industrial Supplies and Materials: Nonagricultural industrial supplies and materials
prices rose 0.7 percent in February following a 5.6-percent drop the previous month. The February rise was
the first 1-month advance since the index increased 0.7 percent in July 2014, and was driven by an upturn in
export fuel prices.
Finished Goods: The price index for export capital goods rose 0.2 percent for the second consecutive
month in February. Both increases were led by higher prices for non-motor vehicle transportation
equipment. In contrast, consumer goods prices and prices for automotive vehicles declined in February,
down 0.5 percent and 0.3 percent, respectively.
Transportation Services: Export air passenger fares fell 14.3 percent in February, after advancing 0.4
percent in January. The drop was the largest monthly decline for the index since its first publication in
January 2001. The index for export air passenger fares decreased 5.9 percent for the year ended in February.
Export air freight prices declined 1.7 percent in February, the largest drop since the index fell 2.2 percent in
July 2012. Despite the February decline, the index rose 4.2 percent over the past year.
Import and Export Price Index data for March 2015 are scheduled for release on Friday, April 10, 2015 at
8:30 a.m. (EDT).
4

Table 1. U.S. import price indexes and percent changes for selected categories of goods: February 2014 to
February 2015
[2000=100, unless otherwise noted]
Index

Percent change
Annual

Monthly

Relative
importance
Jan.
20151

Jan.
2015

Feb.
2015

Feb.
2014 to
Feb.
2015

Oct.
2014 to
Nov.
2014

Nov.
2014 to
Dec.
2014

Dec.
2014 to
Jan.
2015

All commodities.................................. .
All imports excluding food and fuels (Dec.
2010=100). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

100.000

126.2

126.7

-9.4

-1.8

-2.5

-3.1

0.4

83.181

101.1

100.8

-1.3

-0.2

-0.2

-0.5

-0.3

All imports excluding petroleum. . . . . . . . . . . . . .
All imports excluding fuels (Dec.
2001=100). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

90.116

114.4

113.9

-1.8

-0.3

0.0

-0.6

-0.4

89.198

118.3

117.9

-1.2

-0.3

-0.1

-0.6

-0.3

6.017

179.3

179.0

1.8

-0.6

0.8

-1.6

-0.2

Agricultural foods, feeds & beverages,
excluding distilled beverages. . . . . . . . . . . . . 00

4.670

197.9

197.0

3.7

-0.4

1.4

-1.9

-0.5

Nonagricultural foods (fish, distilled
beverages). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 01

1.347

137.0

138.1

-3.9

-1.1

-1.4

-0.7

0.8

Industrial supplies & materials. . . . . . . . . . . . . . 1
Industrial supplies & materials excluding
petroleum................................... .
Industrial supplies & materials excluding
fuels (Dec. 2001=100). . . . . . . . . . . . . . . . . . . . .
Industrial supplies & materials, durable. . . .
Industrial supplies & materials nondurable
excluding petroleum. . . . . . . . . . . . . . . . . . . . . . .

24.692

179.4

183.2

-27.5

-5.6

-8.4

-10.2

2.1

14.808

155.7

152.7

-7.6

-0.8

0.1

-1.6

-1.9

13.890
8.267

174.7
162.7

172.5
161.2

-3.9
-3.5

-0.8
-1.2

-0.4
-0.1

-1.2
-0.9

-1.3
-0.9

5.624

146.9

142.2

-12.3

-0.4

0.5

-2.5

-3.2

Fuels & lubricants............................ .
Petroleum & petroleum products. . . . . . . . .
Crude. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Fuels, n.e.s.-coals & gas. . . . . . . . . . . . . . . . . .
Gas-natural................................. .

10.802
9.884
7.063
0.721
0.561

185.5
198.0
198.6
128.3
116.2

197.5
214.0
223.5
110.5
95.4

-43.0
-43.2
-42.1
-45.8
-52.0

-9.3
-9.7
-10.1
-1.7
-2.0

-14.9
-16.2
-18.6
9.0
11.1

-19.5
-20.6
-20.4
-7.4
-8.6

6.5
8.1
12.5
-13.9
-17.9

Paper & paper base stocks................. . 11

0.596

112.1

112.0

-1.4

-0.1

0.0

-0.6

-0.1

Materials associated with nondurable
supplies & materials. . . . . . . . . . . . . . . . . . . . . . . 12

5.098

164.9

161.6

-4.9

-0.3

-0.8

-1.9

-2.0

Selected building materials. . . . . . . . . . . . . . . . . . 13

1.225

140.7

139.7

-2.4

-0.6

-0.1

0.1

-0.7

Unfinished metals related to durable
goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14

3.554

224.7

221.7

-6.4

-2.1

0.0

-1.8

-1.3

Finished metals related to durable
goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15

1.723

155.8

154.3

-1.3

-0.8

-0.1

-0.7

-1.0

Nonmetals related to durable goods. . . . . . . 16

1.694

111.7

111.5

0.0

-0.2

-0.3

0.2

-0.2

Description

End Use

Foods, feeds, & beverages.................. . 0

10
100
10000
101
10110

Capital goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2

Jan.
2015 to
Feb.
2015

27.551

91.8

91.4

-1.0

-0.1

-0.1

-0.3

-0.4

Electric generating equipment.............. . 20

3.369

119.7

119.5

0.3

0.0

-0.1

-0.3

-0.2

Nonelectrical machinery..................... . 21

21.774

84.3

83.9

-1.3

-0.1

-0.1

-0.4

-0.5

Transportation equipment excluding motor
vehicles (Dec. 2001=100). . . . . . . . . . . . . . . . . 22

2.408

136.9

136.9

0.5

0.1

0.1

0.1

0.0

Automotive vehicles, parts & engines. . . . . 3

15.278

111.8

111.6

-1.3

0.0

0.0

-0.7

-0.2

Consumer goods, excluding
automotives. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4

26.462

107.5

107.8

-0.3

-0.1

-0.1

-0.4

0.3

Nondurables, manufactured. . . . . . . . . . . . . . . . . 40

12.561

118.7

118.9

0.8

0.1

0.2

-0.3

0.2

Durables, manufactured..................... . 41

12.424

96.2

96.3

-1.5

-0.1

-0.4

-0.3

0.1

Nonmanufactured consumer goods. . . . . . . . 42

1.477

119.1

122.3

1.7

-0.5

-1.2

0.1

2.7

1

Relative importance figures are based on 2013 trade values.
NOTES: Data may be revised in each of the three months after original publication.
Dash = Not available

5

Table 2. U.S. export price indexes and percent changes for selected categories of goods: February 2014 to
February 2015
[2000=100, unless otherwise noted]
Index

Percent change
Annual

Monthly

Relative
importance
Jan.
20151

Jan.
2015

Feb.
2015

Feb.
2014 to
Feb.
2015

Oct.
2014 to
Nov.
2014

Nov.
2014 to
Dec.
2014

Dec.
2014 to
Jan.
2015

Jan.
2015 to
Feb.
2015

All commodities.................................. .
Agricultural commodities. . . . . . . . . . . . . . . . . . . . . . .
All exports excluding food and fuels (Dec.
2010=100). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

100.000
9.449

125.9
199.2

125.8
195.2

-5.9
-9.5

-0.9
0.1

-0.9
-0.7

-1.9
-1.2

-0.1
-2.0

83.779

101.1

100.8

-1.3

-0.4

-0.1

-0.3

-0.3

Nonagricultural commodities. . . . . . . . . . . . . . . . . .

90.551

120.5

120.7

-5.5

-1.0

-1.0

-2.0

0.2

8.757

200.7

196.5

-8.6

0.1

-0.8

-1.7

-2.1

Agricultural foods, feeds & beverages,
excluding distilled beverages. . . . . . . . . . . . . 00

8.061

202.0

197.5

-9.6

0.2

-0.9

-2.0

-2.2

Nonagricultural foods (fish, distilled
beverages). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 01

0.696

194.7

193.7

3.3

-1.8

1.0

2.4

-0.5

30.877
11.268

153.9
164.4

154.8
162.8

-15.3
-4.4

-2.6
-1.7

-2.9
-0.1

-5.3
-0.3

0.6
-1.0

19.608

149.2

151.4

-20.4

-3.0

-4.4

-7.9

1.5

1.388

188.5

187.0

-8.9

-0.3

0.5

3.4

-0.8

29.489

152.8

153.8

-15.5

-2.6

-3.1

-5.6

0.7

Fuels & lubricants............................ . 11

7.464

170.2

179.4

-36.6

-6.2

-9.0

-16.6

5.4

Nonagricultural supplies & materials
excluding fuels & building materials. . . . . 12

20.998

159.5

157.9

-4.9

-1.3

-0.7

-1.2

-1.0

Description

End Use

Foods, feeds, & beverages.................. . 0

Industrial supplies & materials. . . . . . . . . . . . . . 1
Industrial supplies & materials, durable. . . .
Industrial supplies & materials,
nondurable. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Agricultural industrial supplies &
materials.................................... . 10
Nonagricultural industrial supplies &
materials. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Selected building materials. . . . . . . . . . . . . . . . . . 13

1.027

121.6

120.0

-6.8

0.3

-0.4

0.3

-1.3

37.731

107.6

107.8

0.8

0.0

0.1

0.2

0.2

Electrical generating equipment............ . 20

3.828

115.0

114.7

-0.2

0.0

0.0

-0.3

-0.3

Nonelectrical machinery..................... . 21

25.889

95.5

95.5

0.2

0.0

0.1

0.1

0.0

Capital goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2

Transportation equipment excluding motor
vehicles (Dec. 2001=100). . . . . . . . . . . . . . . . . 22

8.014

159.3

160.6

3.4

0.0

0.3

0.6

0.8

Automotive vehicles, parts & engines. . . . . 3

10.128

114.0

113.7

0.1

0.0

-0.1

-0.1

-0.3

Consumer goods, excluding
automotives. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4

12.507

113.5

112.9

-1.4

-0.3

-0.1

-0.7

-0.5

Nondurables, manufactured. . . . . . . . . . . . . . . . . 40

5.599

110.3

109.0

-2.0

-0.4

0.5

-1.2

-1.2

Durables, manufactured..................... . 41

5.299

110.6

110.7

-1.5

-0.2

0.0

-0.5

0.1

1

Relative importance figures are based on 2013 trade values.
NOTES: Data may be revised in each of the three months after original publication.
Dash = Not available

6

Table 3. U.S. import price indexes and percent changes for selected categories of goods: February 2014 to
February 2015
[December 2005=100, unless otherwise noted]
Index

Percent change
Annual

Monthly

Relative
importance
Jan.
20151

Jan.
2015

Feb.
2015

Feb.
2014 to
Feb.
2015

Oct.
2014 to
Nov.
2014

Nov.
2014 to
Dec.
2014

Dec.
2014 to
Jan.
2015

Jan.
2015 to
Feb.
2015

9.987

99.8

107.5

-37.8

-8.8

-14.2

-16.4

7.7

11
111
112
113

2.066
1.647
0.237
0.116

179.3
188.4
97.7
68.4

178.2
188.1
94.3
67.3

4.1
7.7
–
-25.3

-2.1
-2.5
–
-1.3

2.5
3.5
–
0.3

-3.5
-4.4
-2.3
0.4

-0.6
-0.2
-3.5
-1.6

Mining. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21
Mining (except oil and gas) (Dec.
2006=100).................................. . 212

7.921

90.4

99.3

-42.5

-9.7

-16.6

-19.2

9.8

Description

NAICS

Nonmanufactured articles. . . . . . . . . . . . . . . . . . . . . .
Agriculture, forestry, fishing and
hunting. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Crop production. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Animal production (Dec. 2014=100). . . . . . . .
Forestry and logging (Dec. 2012=100). . . . .

0.241

115.8

116.1

-7.6

-0.2

-0.1

-1.8

0.3

89.671

112.7

112.3

-3.4

-0.5

-0.5

-1.4

-0.4

31
311

11.959
3.389

125.7
157.9

125.7
158.0

0.8
-0.4

-0.2
-0.7

-0.2
-0.4

-0.3
-1.1

0.0
0.1

312
313
314
315

1.073
0.407
0.888
4.325

117.4
102.6
113.6
112.0

117.3
102.2
113.1
112.0

1.7
0.1
-1.1
1.5

0.0
-0.1
0.2
0.1

-0.1
-0.2
-0.4
0.0

0.1
-0.5
-0.1
-0.1

-0.1
-0.4
-0.4
0.0

Manufactured articles. . . . . . . . . . . . . . . . . . . . . . . . . . . .
Manufactured goods, part 1. . . . . . . . . . . . . . . . .
Food manufacturing. . . . . . . . . . . . . . . . . . . . . . . . . .
Beverage and tobacco product
manufacturing.............................. .
Textile mills (Dec. 2011=100). . . . . . . . . . . . . . .
Textile product mills. . . . . . . . . . . . . . . . . . . . . . . . . .
Apparel manufacturing. . . . . . . . . . . . . . . . . . . . . . .
Leather and allied product
manufacturing.............................. .
Manufactured goods, part 2. . . . . . . . . . . . . . . . .
Wood product manufacturing. . . . . . . . . . . . . . . .
Paper manufacturing. . . . . . . . . . . . . . . . . . . . . . . . .
Petroleum and coal products
manufacturing.............................. .
Chemical manufacturing. . . . . . . . . . . . . . . . . . . . .
Plastics and rubber products
manufacturing.............................. .
Nonmetallic mineral product
manufacturing.............................. .
Manufactured goods, part 3. . . . . . . . . . . . . . . . .
Primary metal manufacturing. . . . . . . . . . . . . . . .
Fabricated metal product manufacturing. . .
Machinery manufacturing. . . . . . . . . . . . . . . . . . . .
Computer and electronic product
manufacturing.............................. .
Electrical equipment, appliance, and
component manufacturing................ .
Transportation equipment manufacturing.. .
Furniture and related product
manufacturing.............................. .
Miscellaneous manufacturing. . . . . . . . . . . . . . .

316

1.877

124.1

124.3

1.6

0.0

0.1

0.1

0.2

32
321
322

17.420
0.745
1.114

123.0
120.1
110.8

121.8
118.6
110.6

-12.1
-3.5
-0.1

-1.6
-0.9
0.0

-1.9
0.1
0.4

-4.8
0.3
-0.4

-1.0
-1.2
-0.2

324
325

2.638
9.559

93.0
135.3

90.6
134.3

-45.0
-2.2

-8.0
0.0

-8.7
-0.4

-21.2
-1.6

-2.6
-0.7

326

2.193

120.9

120.2

-2.5

0.2

-0.1

-0.8

-0.6

327

0.964

130.2

130.2

-0.2

0.1

-0.5

0.1

0.0

33
331
332
333

60.292
4.271
3.014
7.196

106.6
149.8
127.2
119.9

106.3
148.1
126.4
119.1

-1.4
-4.9
0.2
-1.9

-0.2
-1.8
-0.2
-0.1

-0.2
-0.2
-0.1
-0.2

-0.5
-1.6
-0.2
-0.2

-0.3
-1.1
-0.6
-0.7

334

17.686

78.8

78.6

-1.9

-0.1

-0.3

-0.5

-0.3

335
336

4.693
16.386

118.6
110.7

118.8
110.6

0.3
-1.0

0.3
0.0

-0.3
-0.1

-0.3
-0.5

0.2
-0.1

337
339

1.571
5.475

116.4
121.0

116.4
121.1

1.4
-0.2

0.0
0.1

-0.3
-0.3

0.2
-0.2

0.0
0.1

1

Relative importance figures are based on 2013 trade values.
NOTES: Data may be revised in each of the three months after original publication.
Dash = Not available

7

Table 4. U.S. export price indexes and percent changes for selected categories of goods: February 2014 to
February 2015
[December 2005=100, unless otherwise noted]
Index

Percent change
Annual

Monthly

Relative
importance
Jan.
20151

Jan.
2015

Feb.
2015

Feb.
2014 to
Feb.
2015

Oct.
2014 to
Nov.
2014

6.736

140.9

135.0

-25.2

2.2

Agriculture, forestry, fishing and
hunting. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
Crop production. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 111

4.378
4.136

171.8
178.3

166.7
172.9

-15.0
-14.7

Mining. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21
Mining (except oil and gas). . . . . . . . . . . . . . . . . . 212

2.358
1.250

80.3
92.9

75.1
90.3

91.597

115.2

7.362
5.121

149.6
171.8

0.609

32
322

Description

Dec.
2014 to
Jan.
2015

Jan.
2015 to
Feb.
2015

0.7

-4.2

-4.2

2.0
2.2

0.4
0.5

-0.2
-0.3

-3.0
-3.0

-40.5
-10.1

2.7
-0.1

1.1
-0.9

-10.8
-2.2

-6.5
-2.8

115.5

-4.4

-1.0

-1.0

-1.6

0.3

148.2
169.5

-2.8
-2.8

-1.0
-1.5

-1.1
-1.5

-1.4
-2.2

-0.9
-1.3

116.8

117.6

-5.8

3.7

1.3

3.1

0.7

23.968
1.869

113.5
124.6

114.6
124.1

-14.6
-0.7

-2.6
0.0

-3.6
0.2

-5.9
-1.1

1.0
-0.4

324
325

4.986
13.266

98.4
121.5

105.9
120.3

-39.6
-5.8

-8.0
-0.9

-11.9
-1.2

-19.0
-2.5

7.6
-1.0

326

2.231

118.9

118.3

-0.4

-0.2

-0.3

0.4

-0.5

327

0.814

112.4

112.7

0.2

0.1

0.2

0.2

0.3

33
331
332
333

60.267
4.812
2.977
11.341

112.5
142.4
129.3
124.7

112.7
144.3
129.5
124.7

0.2
-1.4
-1.7
1.1

-0.3
-2.2
-0.2
0.2

0.1
0.8
0.3
0.2

0.1
-0.1
0.8
0.2

0.2
1.3
0.2
0.0

334

14.288

86.9

86.9

-1.0

-0.2

0.1

0.0

0.0

335
336

3.711
17.220

114.7
120.8

114.7
121.1

0.3
1.5

-0.2
0.0

-0.2
0.1

0.1
0.1

0.0
0.2

337
339

0.380
5.537

110.3
123.4

110.2
123.5

3.9
-0.2

0.0
0.2

0.4
-0.8

0.6
-0.6

-0.1
0.1

NAICS

Nonmanufactured articles. . . . . . . . . . . . . . . . . . . . . .

Manufactured articles. . . . . . . . . . . . . . . . . . . . . . . . . . . .
Manufactured goods, part 1. . . . . . . . . . . . . . . . . 31
Food manufacturing. . . . . . . . . . . . . . . . . . . . . . . . . . 311
Beverage and tobacco product
manufacturing.............................. . 312
Manufactured goods, part 2. . . . . . . . . . . . . . . . .
Paper manufacturing. . . . . . . . . . . . . . . . . . . . . . . . .
Petroleum and coal products
manufacturing.............................. .
Chemical manufacturing. . . . . . . . . . . . . . . . . . . . .
Plastics and rubber products
manufacturing.............................. .
Nonmetallic mineral product
manufacturing.............................. .
Manufactured goods, part 3. . . . . . . . . . . . . . . . .
Primary metal manufacturing. . . . . . . . . . . . . . . .
Fabricated metal product manufacturing. . .
Machinery manufacturing. . . . . . . . . . . . . . . . . . . .
Computer and electronic product
manufacturing.............................. .
Electrical equipment, appliance, and
component manufacturing................ .
Transportation equipment manufacturing.. .
Furniture and related product
manufacturing (Dec. 2011=100). . . . . . . . . .
Miscellaneous manufacturing. . . . . . . . . . . . . . .
1

Relative importance figures are based on 2013 trade values.
NOTES: Data may be revised in each of the three months after original publication.
Dash = Not available

8

Nov.
2014 to
Dec.
2014

Table 5. U.S. import price indexes and percent changes for selected categories of goods: February 2014 to
February 2015
[2000=100, unless otherwise noted]
Index

Percent change
Annual

Monthly

Relative
importance
Jan.
20151

Jan.
2015

Feb.
2015

Feb.
2014 to
Feb.
2015

Oct.
2014 to
Nov.
2014

Nov.
2014 to
Dec.
2014

Dec.
2014 to
Jan.
2015

Jan.
2015 to
Feb.
2015

Live animals; animal products. . . . . . . . . . . . . . . . . I
Meat and edible meat offal. . . . . . . . . . . . . . . . . . . . . 02
Fish and crustaceans, molluscs and other
aquatic invertebrates. . . . . . . . . . . . . . . . . . . . . . . . . 03

1.393
0.330

194.7
247.8

195.2
254.6

0.0
10.9

-1.0
-1.4

-1.6
-3.0

-1.7
-2.8

0.3
2.7

0.712

135.7

137.3

-7.9

-1.6

-1.9

-0.9

1.2

Vegetable products.............................. .
Edible vegetables, roots, and tubers. . . . . . . . . .
Edible fruit and nuts; peel of citrus fruit or
melons......................................... .
Coffee, tea, mate and spices. . . . . . . . . . . . . . . . . .

II
07

1.964
0.476

203.5
404.3

203.4
398.2

3.8
21.4

-1.9
-7.3

4.8
18.6

-4.9
-17.4

0.0
-1.5

08
09

0.508
0.405

101.4
264.2

100.8
256.3

-7.9
8.8

4.5
-2.7

-1.8
1.2

3.7
1.7

-0.6
-3.0

Animal or vegetable fats and oils (Dec.
2009=100). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . III

0.281

110.5

108.0

-3.6

-0.4

-2.7

1.3

-2.3

IV

2.795

161.8

162.3

1.8

-0.6

0.4

-0.4

0.3

17

0.187

91.5

91.9

6.4

0.0

1.8

-0.2

0.4

18

0.252

112.2

112.7

13.6

-6.6

-0.8

2.0

0.4

19

0.281

133.8

133.5

1.7

-0.1

0.0

0.1

-0.2

20
22

0.345
1.046

164.7
127.8

164.9
127.4

-2.2
1.1

0.7
-0.1

0.6
-0.1

-1.6
0.0

0.1
-0.3

Mineral products. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . V
Mineral fuels, oils and residuals, bituminous
substances and mineral waxes. . . . . . . . . . . . . 27

10.723

186.6

199.0

-42.8

-9.2

-14.8

-19.5

6.6

10.464

183.3

195.8

-43.2

-9.3

-15.1

-19.8

6.8

VI
28
29
30
31

8.699
0.705
2.466
3.449
0.401

149.1
318.2
124.5
135.5
116.8

148.1
302.9
122.6
136.2
116.1

-2.5
0.3
-11.0
2.5
7.3

-0.1
2.5
-0.6
0.1
-1.5

-0.3
-0.5
-1.3
0.4
1.5

-2.1
-6.1
-5.5
0.5
0.0

-0.7
-4.8
-1.5
0.5
-0.6

32
38

0.215
0.551

104.4
90.7

104.5
90.2

4.0
-3.3

-0.2
-0.6

-0.5
-0.5

-0.9
-1.1

0.1
-0.6

Plastics and articles thereof; rubber and
articles thereof................................. . VII
Plastics and articles thereof. . . . . . . . . . . . . . . . . . . . 39
Rubber and articles thereof. . . . . . . . . . . . . . . . . . . . 40

3.456
2.251
1.205

144.9
149.5
138.5

143.7
148.2
137.4

-3.6
-0.8
-8.2

0.1
0.1
0.1

-0.4
-0.8
0.4

-0.7
0.1
-2.2

-0.8
-0.9
-0.8

0.719

128.3

128.4

0.8

-0.1

0.2

0.2

0.1

0.669

130.7

130.7

1.5

-0.1

0.2

0.2

0.0

0.771

145.5

143.9

-3.4

-0.9

0.0

0.2

-1.1

0.734

100.2

99.0

–

–

–

0.2

-1.2

Description

Prepared foodstuffs, beverages, and
tobacco.......................................... .
Sugars and sugar confectionary (Dec.
2012=100). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Cocoa and cocoa preparations (Dec.
2009=100). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Preparations of cereals, flour, starch or milk;
bakers’ wares (Dec. 2007=100). . . . . ....... .
Preparations of vegetables, fruit, nuts, or
other parts of plants. . . . . . . . . . . . . . . . . . . . . . . . . .
Beverages, spirits, and vinegar. . . . . . . . . . . . . . . .

Products of the chemical or allied
industries. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Inorganic chemicals. . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Organic chemicals. . . . . . . . . . . . . . . . .............. .
Pharmaceutical products. . . . . . . . . . . . . . . . . . . . . . .
Fertilizers (Dec. 2009=100). . . . . . . . . . . . . . . . . . . .
Tanning extracts; dye, pigments, varnish,
paints & putty (Dec. 2011=100). . . . . . . . . . . . .
Miscellaneous chemical products. . . . . . . . . . . . .

Harmonized
system

Raw hides, skins, leather, furskins, travel
goods, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . VIII
Articles of leather; travel goods, bags, etc.
of various materials. . . . . . . . . . . . . . . . . . . . . . . . . . . 42
Wood, wood charcoal, cork, straw,
basketware and wickerwork. . . . . . . . . . . . . . . . . IX
Wood and articles of wood; wood charcoal
(Dec. 2014=100). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 44
Woodpulp, recovered paper, and paper
products. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . X
Paper and paperboard; articles of paper
pulp, paper or paperboard. . . . . . . . . . . . . . . . . . . 48

1.162

113.1

113.1

-0.8

0.0

0.3

-0.2

0.0

0.774

107.1

106.9

-0.3

-0.2

0.1

0.2

-0.2

Textile and textile articles...................... . XI

5.462

114.8

114.8

1.0

0.1

-0.2

-0.1

0.0

See footnotes at end of table.

9

Table 5. U.S. import price indexes and percent changes for selected categories of goods: February 2014 to
February 2015 — Continued
[2000=100, unless otherwise noted]
Index
Description

Harmonized
system

Percent change
Annual

Relative
importance
Jan.
20151

Jan.
2015

Feb.
2015

Feb.
2014 to
Feb.
2015

Monthly
Oct.
2014 to
Nov.
2014

Nov.
2014 to
Dec.
2014

Dec.
2014 to
Jan.
2015

Jan.
2015 to
Feb.
2015

Articles of apparel and clothing accessories,
knitted or crocheted. . . . . . . . . . . . . . . . . . . . . . . . . . 61
Articles of apparel and clothing accessories,
not knitted or crocheted. . . . . . . . . . . . . . . . . . . . . . 62
Made-up or worn textile articles. . . . . . . . . . . . . . . 63

2.176

103.9

103.9

1.7

0.1

0.0

-0.1

0.0

1.958
0.640

120.3
107.4

120.4
106.8

1.3
-1.0

0.2
0.2

-0.1
-0.1

0.0
-0.2

0.1
-0.6

Headgear, umbrellas, artifical flowers, etc... . XII
Footwear and parts of such articles. . . . . . . . . . . 64

1.485
1.293

122.7
122.0

122.8
122.2

1.4
1.4

0.0
0.0

0.1
0.1

0.0
0.0

0.1
0.2

Stone, plaster, cement, asbestos,
ceramics, glass etc.. . . . . . . . . . . . . . . . . . . . . . . . . . . XIII
Ceramic products. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 69
Glass and glassware. . . . . . . . . . . . . . . . . . . . . . . . . . . . 70

0.895
0.268
0.312

132.2
138.6
129.0

132.1
137.9
129.0

-0.8
-2.1
-0.9

0.1
-0.1
-0.2

-0.5
-1.6
-0.1

-0.2
-0.5
-0.2

-0.1
-0.5
0.0

Pearls, stones, precious metals, imitation
jewelry, and coins............................. . XIV

3.077

173.6

176.2

-1.3

-2.2

0.3

0.4

1.5

XV
72
73
74
76

5.565
1.263
1.714
0.480
0.772

177.6
212.5
152.5
301.5
138.2

174.4
202.9
150.9
285.6
139.2

-3.6
-8.3
-0.9
-17.4
2.4

-0.7
-1.4
-0.6
-1.6
1.1

-0.7
-1.1
-0.8
-1.0
-1.4

-1.6
-2.2
-0.7
-3.5
-2.7

-1.8
-4.5
-1.0
-5.3
0.7

82
83

0.445
0.517

128.9
138.0

128.9
138.1

-0.1
1.7

0.0
0.0

0.0
0.1

-0.1
-0.1

0.0
0.1

29.789

83.4

83.1

-1.5

-0.2

-0.2

-0.4

-0.4

15.147

88.6

88.2

-1.2

0.0

-0.2

-0.4

-0.5

14.642

78.3

78.3

-1.8

-0.3

-0.4

-0.5

0.0

13.727
12.402

114.9
113.5

114.9
113.5

-0.9
-1.0

-0.1
-0.1

-0.1
-0.1

-0.4
-0.5

0.0
0.0

1.232

120.2

120.2

-0.2

0.0

0.0

0.0

0.0

3.887

104.1

104.0

-0.2

0.2

0.2

-0.3

-0.1

3.565
0.260

100.9
142.3

100.7
142.9

-0.2
-0.4

0.0
1.7

0.2
-0.1

-0.2
-0.7

-0.2
0.4

XX

4.041

113.9

113.8

0.7

0.1

0.1

-0.2

-0.1

94

2.442

118.9

118.6

1.4

0.3

0.1

0.1

-0.3

95
96

1.340
0.259

105.1
135.7

105.1
135.6

-0.3
-0.3

0.2
-0.7

0.0
0.0

-0.7
0.6

0.0
-0.1

Base metals and articles of base metals. . . .
Iron and steel. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Articles of iron or steel. . . . . . . . . . . . . . . . . . . . . . . . . .
Copper and articles thereof. . . . . . . . . . . . . . . . . . . .
Aluminum and articles thereof. . . . . . . . . . . . . . . . .
Tools, implements, cutlery, spoons and
forks, of base metal; parts thereof. . . . . . . . . .
Miscellaneous articles of base metal. . . . . . . . .

Machinery, electrical equipment, TV image
and sound recorders, parts, etc.. . . . . . . . . . . . XVI
Machinery and mechanical appliances;
parts thereof. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 84
Electrical machinery and equip, sound and
TV recorders & reproducers, parts. . . . . . . . . 85
Vehicles, aircraft, vessels and associated
transport equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . XVII
Motor vehicles and their parts. . . . . . . . . . . . . . . . . 87
Aircraft, spacecraft, and parts thereof (Dec.
2002=100). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 88
Optical, photo, measuring, medical &
musical instruments; & timepieces. . . . . . . . XVIII
Optical, photographic, measuring and
medical instruments. . . . . . . . . . . . . . . . . . . . . . . . . . 90
Clocks and watches and parts thereof. . . . . . . 91
Miscellaneous manufactured articles........ .
Furniture & stuffed furnishings; lamps &
lighting fittings, nesoi; prefab bldgs. . . . . . . . .
Toys, games and sports equipment; parts
and accessories thereof..................... .
Miscellaneous manufactured articles. . . . . . . . .
1

Relative importance figures are based on 2013 trade values.
NOTES: Data may be revised in each of the three months after original publication.
Dash = Not available

10

Table 6. U.S. export price indexes and percent changes for selected categories of goods: February 2014 to
February 2015
[2000=100, unless otherwise noted]
Index

Percent change
Annual

Monthly

Relative
importance
Jan.
20151

Jan.
2015

Feb.
2015

Feb.
2014 to
Feb.
2015

Oct.
2014 to
Nov.
2014

Nov.
2014 to
Dec.
2014

Dec.
2014 to
Jan.
2015

Jan.
2015 to
Feb.
2015

Live animals; animal products. . . . . . . . . . . . . . . . . I
Meat & edible meat offal (Dec. 2006=100). . . 02
Fish and crustaceans, molluscs and other
aquatic invertebrates. . . . . . . . . . . . . . . . . . . . . . . . . 03

2.082
1.260

221.2
177.4

215.6
173.5

-5.0
3.6

-2.3
-1.3

-4.6
-5.1

-4.5
-4.4

-2.5
-2.2

0.410

215.0

213.8

5.0

-1.5

2.4

1.6

-0.6

Vegetable products.............................. .
Edible fruit and nuts; peel of citrus fruit or
melons......................................... .
Cereals........................................... .
Oilseeds and misc. grains, seeds, fruits,
plants, straw and fodder. . . . . . . . . . . . . . . . . . . . .

II

4.193

223.0

215.8

-12.6

2.0

1.2

-1.0

-3.2

08
10

1.174
1.101

184.6
219.8

182.3
207.5

-4.7
-14.2

-5.4
6.3

4.4
3.4

-1.7
-3.5

-1.2
-5.6

12

1.498

224.9

215.6

-19.5

6.0

-2.8

1.4

-4.1

Animal or vegetable fats and oils (Dec.
2009=100). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . III

0.219

104.9

97.0

-12.8

-1.5

0.7

0.3

-7.5

IV

3.066

162.3

161.8

-3.1

-0.1

0.7

-0.1

-0.3

20

0.400

118.5

118.4

3.1

-0.2

0.0

0.9

-0.1

22

0.508

110.2

110.3

-0.3

2.0

-1.2

-0.5

0.1

23

0.808

244.7

244.0

-11.5

-0.3

5.0

0.5

-0.3

Mineral products. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . V
Ores, slag and ash (Dec. 2012=100). . . . . . . . . 26
Mineral fuels, oils and residuals, bituminous
substances and mineral waxes. . . . . . . . . . . . . 27

7.411
0.498

198.0
89.8

204.1
88.7

-38.6
-4.4

-5.6
-0.1

-8.7
-2.1

-16.2
-3.9

3.1
-1.2

6.726

189.9

196.7

-40.7

-6.0

-9.4

-17.3

3.6

VI
28
29
30

10.818
0.832
2.919
2.608

143.6
173.0
145.8
113.5

142.7
174.0
144.5
111.4

-4.5
-1.0
-11.2
-3.5

-0.7
-0.4
-1.7
-0.6

-0.7
1.1
-3.8
0.9

-1.9
-0.3
-5.7
-1.0

-0.6
0.6
-0.9
-1.9

33

0.783

136.3

135.9

2.0

-0.2

0.0

2.5

-0.3

34
38

0.489
1.875

117.1
151.6

113.7
152.8

-6.3
-2.7

-0.8
-0.1

0.0
0.7

-0.1
-1.6

-2.9
0.8

Plastics and articles thereof; rubber and
articles thereof................................. . VII
Plastics and articles thereof. . . . . . . . . . . . . . . . . . . . 39
Rubber and articles thereof. . . . . . . . . . . . . . . . . . . . 40

5.255
4.284
0.971

146.6
141.9
166.1

144.2
139.8
162.9

-3.8
-3.5
-5.3

-1.0
-0.8
-1.7

-0.6
-0.6
-0.7

-1.3
-1.5
-0.7

-1.6
-1.5
-1.9

Description

Prepared foodstuffs, beverages,and
tobacco.......................................... .
Preparations of vegetables, fruit, nuts or
other parts of plants (Dec. 2009=100). . . . .
Beverages, spirits, and vinegar (Dec.
2008=100). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Residues and waste from the food
industries; prepared animal feed. . . . . . . . . . . .

Products of the chemical or allied
industries. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Inorganic chemicals. . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Organic chemicals. . . . . . . . . . . . . . . . .............. .
Pharmaceutical products. . . . . . . . . . . . . . . . . . . . . . .
Essential oils and resinoids; perfumery
cosmetic or toilet preparations. . . . . . . . . . . . . .
Soap; lubricants; waxes, polishing or
scouring products; candles, pastes. . . . . . . . .
Miscellaneous chemical products. . . . . . . . . . . . .

Harmonized
system

Raw hides, skins, leather, furskins, travel
goods, etc....................................... . VIII
Raw hides and skins other than furskins
and leather (Dec.2014=100)................ . 41

0.445

150.0

148.7

-3.3

-1.3

-3.0

-2.0

-0.9

0.276

97.1

96.4

–

–

–

-2.9

-0.7

Wood, wood charcoal, cork, straw, baskets
and wickerwork (Dec. 2014=100)........... . IX

0.635

101.0

100.5

–

–

–

1.0

-0.5

X
47

2.244
0.634

124.9
127.3

123.4
122.6

-1.7
-6.3

-0.2
-0.2

0.3
0.5

-0.9
-1.9

-1.2
-3.7

48
49

1.202
0.408

124.0
100.3

123.7
100.3

-0.2
–

-0.2
–

0.2
–

-0.7
0.3

-0.2
0.0

Textile and textile articles...................... . XI

1.788

123.6

122.9

-9.6

-1.3

-0.8

-0.9

-0.6

Woodpulp, recovered paper, and paper
products. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Woodpulp and recovered paper. . . . . . . . . . . . . . .
Paper and paperboard; articles of paper
pulp, paper or paperboard. . . . . . . . . . . . . . . . . . .
Printed material (Dec. 2014=100). . . . . . . . . . . . .

See footnotes at end of table.

11

Table 6. U.S. export price indexes and percent changes for selected categories of goods: February 2014 to
February 2015 — Continued
[2000=100, unless otherwise noted]
Index
Description

Harmonized
system

Cotton, including yarns and woven fabrics
thereof. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .... . 52

Percent change
Annual

Monthly

Relative
importance
Jan.
20151

Jan.
2015

Feb.
2015

Feb.
2014 to
Feb.
2015

Oct.
2014 to
Nov.
2014

Nov.
2014 to
Dec.
2014

Dec.
2014 to
Jan.
2015

Jan.
2015 to
Feb.
2015

0.455

119.8

117.7

-23.6

-3.0

-2.2

-1.5

-1.8

Stone, plaster, cement, asbestos,
ceramics, glass etc.. . . . . . . . . . . . . . . . . . . . . . . . . . . XIII
Glass and glassware. . . . . . . . . . . . . . . . . . . . . . . . . . . . 70

0.814
0.421

122.4
99.4

122.4
99.4

2.7
1.6

0.1
0.1

0.2
0.4

1.7
0.5

0.0
0.0

Pearls, stones, precious metals, imitation
jewelry, and coins............................. . XIV

4.762

236.2

240.6

-0.6

-2.4

0.4

-0.2

1.9

Base metals and articles of base metals. . . .
Iron and steel. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Copper and articles thereof. . . . . . . . . . . . . . . . . . . .
Aluminum and articles thereof. . . . . . . . . . . . . . . . .
Miscellaneous articles of base metal. . . . . . . . .

5.330
1.320
0.518
0.905
0.329

157.9
178.9
192.7
120.7
147.7

154.5
167.2
182.9
119.5
147.7

-6.6
-10.3
-21.4
-2.0
0.5

-0.9
-3.2
0.2
0.1
0.0

-0.7
-2.4
-2.3
0.1
0.0

-1.3
-0.1
-4.5
-3.2
0.4

-2.2
-6.5
-5.1
-1.0
0.0

28.820

97.5

97.5

0.3

-0.1

0.1

0.2

0.0

17.273

113.5

113.8

1.3

-0.1

-0.1

0.4

0.3

XV
72
74
76
83

Machinery, electrical equipment, TV image
and sound recorders, parts, etc.. . . . . . . . . . . . XVI
Machinery and mechanical appliances;
parts thereof. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 84
Electrical machinery and equipment and
parts and accessories thereof. . . . . . . . . . . . . . . 85

11.547

80.1

79.9

-1.2

0.0

0.3

0.0

-0.2

Vehicles, aircraft, vessels and associated
transport equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . XVII
Motor vehicles and their parts. . . . . . . . . . . . . . . . . 87

14.376
8.970

130.4
115.0

130.3
114.7

0.9
0.1

0.0
-0.1

0.1
0.0

0.2
-0.2

-0.1
-0.3

Optical, photo, measuring, medical &
musical instruments; & timepieces. . . . . . . . XVIII

6.147

107.4

107.4

0.0

-0.2

0.0

-0.2

0.0

1.468

110.9

111.3

0.8

-0.4

0.1

0.1

0.4

0.832

122.7

123.3

1.5

-0.7

0.1

0.2

0.5

0.475

89.7

89.8

0.2

0.0

0.0

0.1

0.1

Miscellaneous manufactured articles........ . XX
Furniture; stuffed furnishings; lamps and
lighting fittings nesoi;. . . . . . . . . . . . . . . . . . . . . . . . . 94
Toys, games and sports equipment; parts
and accessories thereof..................... . 95
1

Relative importance figures are based on 2013 trade values.
NOTES: Data may be revised in each of the three months after original publication.
Dash = Not available

12

Table 7. U.S. import price indexes and percent changes by locality of origin: February 2014 to February 2015
[2000=100, unless otherwise noted]
Index

Percent change

Description

Relative
importance
Jan.
20151

Jan.
2015

Feb.
2015

Feb. 2014
to Feb.
2015

Oct. 2014
to Nov.
2014

Nov. 2014
to Dec.
2014

Dec. 2014
to Jan.
2015

Jan. 2015
to Feb.
2015

Industrialized Countries2. . . . . . . . . . . . . . . . . . . .
Nonmanufactured articles. . . . . . . . . . . . . . . . . . .
Manufactured articles....................... .

100.000
8.561
90.920

122.7
150.2
120.1

122.5
157.9
119.4

-8.4
-39.5
-3.5

-1.2
-7.5
-0.4

-2.0
-16.8
-0.2

-2.4
-10.8
-1.5

-0.2
5.1
-0.6

Other Countries3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Nonmanufactured articles. . . . . . . . . . . . . . . . . . .
Manufactured articles....................... .

100.000
11.092
88.681

124.3
204.7
106.8

125.4
224.6
106.5

-9.5
-34.9
-3.4

-2.1
-9.2
-0.5

-2.5
-13.3
-0.3

-3.1
-16.1
-1.2

0.9
9.7
-0.3

Canada. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Nonmanufactured articles. . . . . . . . . . . . . . . . . . .
Manufactured articles....................... .

100.000
23.474
75.701

130.1
144.0
130.4

130.4
151.5
129.0

-17.2
-40.1
-5.0

-3.2
-7.5
-1.2

-5.6
-17.3
-0.8

-3.8
-10.8
-1.4

0.2
5.2
-1.1

European Union4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Manufactured articles....................... .

100.000
99.236

135.2
131.6

133.9
130.3

-2.7
-2.6

0.4
0.5

-0.4
-0.4

-1.4
-1.3

-1.0
-1.0

France (Dec. 2003=100). . . . . . . . . . . . . . . . . . . . . .

100.000

123.0

122.4

-0.7

-0.1

-0.3

0.2

-0.5

Germany (Dec. 2003=100). . . . . . . . . . . . . . . . . . .

100.000

118.2

117.7

-0.5

-0.4

-0.3

0.1

-0.4

United Kingdom (Dec. 2003=100). . . . . . . . . .

100.000

120.5

120.8

-6.6

-2.8

0.1

-5.3

0.2

Latin America . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Nonmanufactured articles. . . . . . . . . . . . . . . . . . .
Manufactured articles....................... .

100.000
17.508
82.081

148.1
212.8
126.2

149.6
230.9
125.5

-13.7
-36.7
-4.7

-2.6
-8.8
-0.3

-3.9
-13.6
-0.6

-4.5
-17.5
-1.3

1.0
8.5
-0.6

Mexico (Dec. 2003=100). . . . . . . . . . . . . . . . . . . . . .
Nonmanufactured articles (Dec.
2008=100)................................. .
Manufactured articles (Dec. 2008=100). . .

100.000

131.4

131.8

-6.4

-1.2

-2.0

-2.4

0.3

9.762
89.931

119.3
91.8

126.1
91.6

-33.5
-1.3

-7.7
0.0

-12.7
-0.1

-17.2
-0.5

5.7
-0.2

Pacific Rim (Dec. 2003=100)6. . . . . . . . . . . . . . .

100.000

101.3

101.2

-1.7

-0.2

-0.2

-0.5

-0.1

China (Dec. 2003=100). . . . . . . . . . . . . . . . . . . . . . .

100.000

103.5

103.3

-0.6

-0.1

0.1

-0.2

-0.2

Japan. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

100.000

97.3

97.1

-1.9

-0.1

-0.5

-0.6

-0.2

Asian NICs7.................................... .

100.000

87.7

87.7

-2.0

-0.2

-0.3

-0.7

0.0

100.000

100.4

100.1

-4.0

-0.5

-0.2

-1.1

-0.3

100.000

180.1

194.4

-26.6

-6.7

-11.7

-10.4

7.9

5

8

ASEAN (Dec. 2003=100) . . . . . . . . . . . . . . . . . . . .
9

Asia Near East (Dec. 2003=100) . . . . . . . . . . .

Annual

1

Monthly

Relative importance figures are based on 2013 trade values.
Western Europe, Canada, Japan, Australia, New Zealand and South Africa.
3
Eastern Europe, Latin America, OPEC countries, and other countries in Asia, Africa and the Western Hemisphere.
4
European Union countries.
5
Mexico, Central America, South America and the Caribbean.
6
China, Japan, Australia, Brunei, Indonesia, Macao, Malaysia, New Zealand, Papua New Guinea, Philippines and the Asian Newly Industrialized
Countries.
7
Asian Newly Industrialized Countries - Hong Kong, Singapore, South Korea and Taiwan.
8
Association of Southeast Asian Nations - Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam.
9
Bahrain, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, Syria, United Arab Emirates and Yemen.
NOTES: Data may be revised in each of the three months after original publication.
Regions are not mutually exclusive.
Dash = Not available
2

13

Table 8. U.S. international price indexes and percent changes for selected transportation services: February
2014 to February 2015
[2000=100, unless otherwise noted]
Index

Percent change
Annual

Monthly

Relative
importance
Jan.
20151

Jan.
2015

Feb.
2015

Air Freight
Import Air Freight................................... .
Europe (Dec. 2003=100). . . . . . . . . . . . . . . . . . . . . . . . . .
Asia. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Export Air Freight. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Europe (Dec. 2006=100). . . . . . . . . . . . . . . . . . . . . . . . . .
Inbound Air Freight. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Europe (Dec. 2003=100). . . . . . . . . . . . . . . . . . . . . . . . . .
Asia. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Outbound Air Freight. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Europe (Dec. 2003=100). . . . . . . . . . . . . . . . . . . . . . . . . .
Asia. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

100.000
26.746
67.931
100.000
35.300
100.000
26.469
60.465
100.000
32.968
43.901

168.1
162.1
148.2
160.4
147.4
160.7
148.3
145.6
151.4
170.6
142.5

164.4
153.9
146.4
157.6
144.9
158.3
142.8
144.5
150.8
170.5
141.4

-6.7
-15.3
-3.4
4.2
6.6
-2.9
-10.6
0.1
1.9
2.8
0.6

-1.3
-1.4
-1.4
-0.2
-0.1
-0.7
-1.4
-0.7
-0.1
0.0
-0.2

-1.7
-2.3
-1.6
-1.6
-1.3
-1.9
-2.0
-2.1
-0.3
0.0
-0.6

0.6
-2.7
2.0
2.9
4.5
1.3
-1.3
2.5
-0.6
-0.9
-0.9

-2.2
-5.1
-1.2
-1.7
-1.7
-1.5
-3.7
-0.8
-0.4
-0.1
-0.8

Air Passenger Fares
Import Air Passenger Fares. . . . . . . . . . . . . . . . . . . . . . .
Europe. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Asia. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Latin America/Caribbean. . . . . . . . . . . . . . . . . . . . . . . . . .
Export Air Passenger Fares. . . . . . . . . . . . . . . . . . . . . . .
Europe. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Asia. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Latin America/Caribbean. . . . . . . . . . . . . . . . . . . . . . . . . .

100.000
47.752
24.135
9.612
100.000
26.702
28.363
23.267

201.1
235.4
147.5
165.3
189.2
213.4
167.2
198.3

196.0
241.8
138.3
166.0
162.2
209.8
137.3
177.8

-0.6
8.1
-9.7
0.2
-5.9
-0.2
-4.3
-10.8

1.0
2.8
-0.9
-1.6
-5.0
-6.4
0.8
-1.9

7.9
0.8
16.2
10.6
8.3
4.2
7.2
10.6

-6.8
3.1
-14.4
-11.2
0.4
-5.4
2.5
-0.8

-2.5
2.7
-6.2
0.4
-14.3
-1.7
-17.9
-10.3

Description

1

Relative importance figures are based on 2013 trade values.
NOTES: Data may be revised in each of the three months after original publication.
Dash = Not available

14

Feb. 2014 Oct. 2014
to Feb.
to Nov.
2015
2014

Nov.
2014 to
Dec.
2014

Dec.
Jan. 2015
2014 to
to Feb.
Jan. 2015
2015

TECHNICAL NOTE
Import and Export Merchandise and Services Price Indexes -- All indexes use a modified Laspeyres
formula and are not seasonally adjusted. Price indexes are reweighted annually, with a two-year lag in
the weights. Published series use a base year of 2000=100 where possible. More detailed index series
and additional information may be obtained at http://www.bls.gov/mxp, or by calling (202) 691-7101.
Merchandise Goods Classification Systems -- The merchandise price indexes are published using
three classification systems. Items are classified by end use according to the Bureau of Economic
Analysis Classification System, by industry according to the North American Industry Classification
System (NAICS), and by product category according to the Harmonized System (HS). While
classification by end use and product category are self-explanatory, some notes are in order for
classifying items by industry. In the NAICS imports and exports tables, items are classified by output
industry, not input industry. As an example, NAICS import index 326 (plastics and rubber products
manufacturing) include outputs such as manufactured plastic rather than inputs such as petroleum. The
NAICS classification structure also matches the classification system used by the PPI (Producer Price
Index) to produce the NAICS primary products indexes.
Import Price Indexes -- Products have been classified by the Harmonized Tariff Schedule of the United
States Annotated (TSUSA). Import prices are based on U.S. dollar prices paid by the U.S. importer.
The prices are generally either "free on board" (f.o.b.) foreign port or "cost, insurance, and freight"
(c.i.f.) U.S. port transaction prices, depending on the practices of the individual industry. The index for
crude petroleum is calculated from data collected by the U.S. Department of Energy.
Export Price Indexes -- Products have been classified by the Harmonized Schedule B classification
system of the U.S. Bureau of the Census. The prices used are generally either "free alongside ship"
(f.a.s.) factory or "free on board" (f.o.b.) transaction prices, depending on the practices of the individual
industry. Prices used in the grain index, excluding rice, are obtained from the U.S. Department of
Agriculture.
Services Price Indexes -- Starting in September 2008 the Import Air Passenger Fares Indexes represent
changes in the average revenue per passenger received by foreign carriers from U.S. residents and are
calculated from data obtained from an airline consulting service. These data include tickets sold by
travel agencies and travel websites. Tickets sold directly by the airlines are excluded, as are frequent
flyer tickets generally. Starting in January 2008 the Export Air Passenger Fares Indexes represent
changes in the average revenue per passenger received by U.S. carriers from foreign residents and are
calculated from data collected directly from airlines. These data include frequent flyer tickets and those
sold by consolidators. Taxes and fees are included in the Import Air Passenger Fares Index and excluded
from the Export Air Passenger Fares Index. The Air Freight Indexes are calculated from data collected
directly from airlines. These data exclude mail and passenger baggage. The scope of the service being
priced is the movement of freight from airport to airport only, and does not include any ground
transportation or port service. The Air Freight Indexes are presented using two definitions: Balance of
Payments (which represent transactions between U.S. and foreign residents) and International (which
represent transactions inbound to and outbound from the U.S.). Fact sheets specifying detailed
information for each services industry are available at http://www.bls.gov/mxp under "MXP
Publications."
15

Import Indexes by Locality of Origin -- Prices used in these indexes are a subset of the data collected
for the Import Price Indexes. Beginning with January 2002, the indexes are defined by locality of origin
using a nomenclature based upon the North American Industry Classification System (NAICS).
Nonmanufactured goods are defined as NAICS 11 and 21 and manufactured goods are defined as
NAICS 31-33.
Revision Policy -- To reflect the availability of late reports and corrections by respondents, monthly
data may be revised in each of the three months after original publication. After three months, no
further data revisions take place. So, for example, data released in the January release will be subject to
revision in the releases for February, March, and April.
Uses of the Data -- The primary use of the indexes is to deflate trade statistics, notably the foreign trade
sector of the National Income and Product Accounts constructed by the Department of Commerce.
Other published indexes are useful for general market analysis. For trade in international services,
Balance of Payments indexes are used for deflating National Income and Product Accounts, while
International indexes are more appropriate for market analysis. Merchandise and services indexes also
can be used to study U.S. competitiveness and to compute price elasticities, and the merchandise import
indexes by country or region of origin are useful in terms of trade analysis.
E-Mail Subscription -- The U.S. Import and Export Price Indexes news release is available through an
e-mail subscription service at (http://www.bls.gov/bls/list.htm).
Additional Information -- More detailed data are available on the Import/Export Price Indexes home
page at (http://www.bls.gov/mxp). For technical assistance in using the BLS Internet site, send e-mail to
([email protected]). For Import/Export Price Index data requests, send e-mail to
([email protected]).
Information from this release will be made available to sensory impaired individuals upon request.
Voice phone: 202-691-5200; Federal Relay Service: 1-800-877-8339.

16


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