Import prices in the US jumped 1.4 percent month-over-month in January of 2021, following a revised 1.0 percent rise in December and above market forecasts of 1.0 percent. It was the biggest increase since March of 2012, mainly due to an increase in both fuel and nonfuel prices. Year-on-year, import prices advanced 0.9 percent, the first yearly gain since January of 2020 and the largest since October of 2017, following a 0.3 percent drop in the prior month. source: U.S. Bureau of Labor Statistics

Import Prices in the United States averaged 109.57 points from 1982 until 2021, reaching an all time high of 147.50 points in July of 2008 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 March of 2021.

Import Prices in the United States is expected to be 125.74 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Import Prices in the United States to stand at 128.00 in 12 months time. In the long-term, the United States Import Prices is projected to trend around 128.00 points in 2022 and 128.74 points in 2023, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
United States Import Prices

Actual Previous Highest Lowest Dates Unit Frequency
126.30 124.60 147.50 75.00 1982 - 2021 points Monthly
NSA, 2000=100


Calendar GMT Actual Previous Consensus TEForecast
2021-01-14 01:30 PM Import Prices YoY Dec -0.3% -1% -0.8%
2021-01-14 01:30 PM Import Prices MoM Dec 0.9% 0.2% 0.7% 0.5%
2021-02-18 01:30 PM Import Prices YoY Jan 0.9% -0.3% 0.2%
2021-02-18 01:30 PM Import Prices MoM Jan 1.4% 1% 1% 0.8%


News Stream
US Import Prices Rise the Most Since 2012
Import prices in the US jumped 1.4 percent month-over-month in January of 2021, following a revised 1.0 percent rise in December and above market forecasts of 1.0 percent. It was the biggest increase since March of 2012, mainly due to an increase in both fuel and nonfuel prices. Year-on-year, import prices advanced 0.9 percent, the first yearly gain since January of 2020 and the largest since October of 2017, following a 0.3 percent drop in the prior month.
2021-02-18
US Import Prices Rise the Most in 4 Months
Import prices in the US jumped 0.9 percent month-over-month in December of 2020, following an upwardly revised 0.2 percent rise in November and above market forecasts of 0.7 percent. It is the biggest increase since August, boosted by a 7.8 percent rise in fuel cost. Also, prices of nonfuel industrial supplies and materials prices advanced 2.3 percent, led by unfinished metals, chemicals, and lumber. Year-on-year, import prices went down 0.3 percent. The last time the index rose on a 12-month basis was a 0.5 percent increase in January 2020.
2021-01-14
US Import Prices Rise Less Than Forecast
Prices for US imports edged up 0.1 percent from a month earlier in November 2020, following a 0.1 percent decline the previous month and missing market expectations of a 0.3 percent rise. Import fuel prices advanced 4.3 percent (vs -0.9 percent in October) as natural gas prices rose 49.1 percent, the largest monthly gain since November 2018, and petroleum prices increased 2.1 percent. Meanwhile, nonfuel import prices were down 0.3 percent, the first time the index fell on a monthly basis since a 0.5 percent drop in April, due to lower prices for foods, feeds, and beverages; nonfuel industrial supplies and materials; and automotive vehicles. Year-on-year, import prices fell 1.0 percent in November.
2020-12-15
US Import Prices Unexpectedly Drop
Prices for US imports fell 0.1 percent from a month earlier in October 2020, the first monthly decline for the index since a 2.6 percent drop in April and compared with market expectations of a 0.2 percent rise. Import fuel prices decreased 1.9 percent (vs -5.2 percent in September) due to lower prices for both natural gas and petroleum; while cost for nonfuel imports increased 0.1 percent (vs 0.5 percent in September) led by higher prices for nonfuel industrial supplies and materials and foods, feeds, and beverages which more than offset falling prices for consumer goods and automotive vehicles. Year-on-year, import prices decreased 1.0 percent in October.
2020-11-17

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.