US import prices rose 1.9% from the previous month in May of 2026, extending the upwardly revised 2% increase from the earlier period, which was the fastest rise in four years, and well above market expectations of a 1% increase. Imports of fuel and lubricants surged by 12.5% from the previous month as the war in the Middle East continued to prevent energy exports from Persian Gulf countries, lifting oil and product prices across the globe. Meanwhile, nonfuel import prices rose by 0.8% with increases for capital good, nonfuel industrial supplies and materials, consumer goods excluding automotives, and automotive vehicles, parts, and engines. The gauge excludes tariffs that US importers must pay, which increased since the series of measures passed by the presidential administration, to signal that producers are passing on price hikes to consumers. Import prices surged by 6.7% from the previous year, the most in over three years. source: U.S. Bureau of Labor Statistics
Import Prices MoM in the United States decreased to 1.90 percent in May from 2 percent in April of 2026. Import Prices MoM in the United States averaged 0.12 percent from 1989 until 2026, reaching an all time high of 3.40 percent in September of 1990 and a record low of -7.40 percent in November of 2008. This page includes a chart with historical data for the United States Import Prices MoM. United States Import Prices MoM - data, historical chart, forecasts and calendar of releases - was last updated on July of 2026.