Import prices in the US fell by 1.4 percent from a month earlier in July of 2022, swinging from the upwardly revised 0.3 percent rise in the previous month and surpassing market expectations of a 1 percent drop. It was the first decline in import prices since December 2021, as fuel import prices dropped by 7.5 percent, compared to the 6.2 percent jump in the previous month. Meanwhile, non-fuel import prices fell by 0.5 percent, the third consecutive decrease and easing from the 0.6 percent drop in June. Compared to the same period in the previous year, US import prices rose by 8.8 percent. source: U.S. Bureau of Labor Statistics
Import Prices in the United States averaged 110.79 points from 1982 until 2022, reaching an all time high of 148.60 points in June of 2022 and a record low of 75 points in March of 1986. This page provides - United States Import Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news. United States Import Prices - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.
Import Prices in the United States is expected to be 142.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Import Prices is projected to trend around 150.00 points in 2023, according to our econometric models.