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.

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United States Import Prices



Calendar GMT Actual Previous Consensus TEForecast
2022-08-12 12:30 PM Import Prices YoY Jul 8.8% 10.7% 8.8%
2022-08-12 12:30 PM Import Prices MoM Jul -1.4% 0.3% -1% -1.2%


Related Last Previous Unit Reference
Inflation Rate 8.50 9.10 percent Jul 2022
Inflation Rate Mom 0.00 1.30 percent Jul 2022
Consumer Price Index CPI 296.28 296.31 points Jul 2022
Core Inflation Rate 5.90 5.90 percent Jul 2022
Core Consumer Prices 295.28 294.35 points Jul 2022
Producer Prices 139.81 140.50 points Jul 2022
Producer Prices Change 9.80 11.30 percent Jul 2022
Export Prices 160.70 166.10 points Jul 2022
Import Prices 146.50 148.60 points Jul 2022
Food Inflation 10.90 10.40 percent Jul 2022
CPI Transportation 278.96 284.64 points Jul 2022
CPI Housing Utilities 302.33 300.93 points Jul 2022
CPI Core Core 6.04 6.08 percent Jul 2022

United States Import Prices
In the United States, Import Prices correspond to the rate of change in the prices of goods and services purchased by residents of that country from, and supplied by, foreign sellers. Import Prices are heavily affected by exchange rates.
Actual Previous Highest Lowest Dates Unit Frequency
146.50 148.60 148.60 75.00 1982 - 2022 points Monthly
NSA, 2000=100

News Stream
US Import Prices Fall More than Expected
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.
2022-08-12
US Import Prices Rise Less than Forecast
Import prices in the US increased 0.2 percent from a month earlier in June of 2022, following an upwardly revised 0.6 percent rise in May and below market expectations of 0.7 percent. Fuel prices rose 5.7 percent, easing from 6.5 percent the previous month, the first slowdown since December of 2021. Meanwhile, prices for nonfuel imports fell 0.5 percent, marking the second consecutive month of declines. Compared to the same period last year, US import prices advanced by 10.7 percent versus 11.7 percent in May.
2022-07-15
US Import Prices Rise Less than Forecast
Import prices in the US increased 0.6 percent from a month earlier in May of 2022, following an upwardly revised 0.4 percent rise in April and below market expectations of 1.1 percent. Fuel prices rose 7.5 percent in May, driven by soaring petroleum and natural gas prices. Meanwhile, prices for nonfuel imports declined 0.3 percent, marking the first decline since November 2020. On a yearly basis, US import prices advanced 11.7 percent in May.
2022-06-15