US import prices rose 1.9% month-over-month in April 2026, the most since March 2022 and well above market expectations for a 1% increase, following gains of 0.9% in March and 1% in February. The rise was largely driven by a sharp jump in fuel and lubricant prices, which climbed 16.3% after increasing 10% the previous month. It marked the biggest monthly advance since March 2022. Petroleum and petroleum product prices surged 19% as the war in Iran drove crude oil prices sharply higher, more than offsetting a 22.1% decline in import natural gas prices. Nonfuel import prices also increased 0.8% in April after a 0.2% rise in March, supported by higher costs for capital goods, industrial supplies, consumer goods and food products, while automotive prices declined. On an annual basis, US import prices advanced 4.2% from April 2025 to April 2026, matching the strongest yearly increase since October 2022. source: U.S. Bureau of Labor Statistics
Import Prices MoM in the United States increased to 1.90 percent in April from 0.90 percent in March 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 May of 2026.