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. source: U.S. Bureau of Labor Statistics

Import Prices in the United States averaged 110.61 points from 1982 until 2022, reaching an all time high of 148.40 points in May 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 June of 2022.

Import Prices in the United States is expected to be 140.00 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
2022-06-15 12:30 PM Import Prices YoY May 11.7% 12% 11.9%
2022-06-15 12:30 PM Import Prices MoM May 0.6% 0.4% 1.1% 1%


Related Last Previous Unit Reference
Inflation Rate 8.60 8.30 percent May 2022
Inflation Rate Mom 1.00 0.30 percent May 2022
Consumer Price Index CPI 292.30 289.11 points May 2022
Core Inflation Rate 6.00 6.20 percent May 2022
Core Consumer Prices 292.29 290.46 points May 2022
Producer Prices 138.66 137.61 points May 2022
Producer Prices Change 10.80 10.90 percent May 2022
Export Prices 165.30 160.80 points May 2022
Import Prices 148.40 147.50 points May 2022
Food Inflation 10.10 9.40 percent May 2022
CPI Transportation 274.28 266.89 points May 2022
CPI Housing Utilities 297.87 295.26 points May 2022
CPI Core Core 5.76 5.83 percent May 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
148.40 147.50 148.40 75.00 1982 - 2022 points Monthly
NSA, 2000=100

News Stream
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
US Import Prices Unchanged in April
Import prices in the US were flat in April, following an upwardly revised 2.9% jump in March and lower than market forecasts of a 0.6% rise. It is the first time so far this year that import prices have not risen. Fuel prices declined 2.4% following a 39.2% increase from December to March, as lower petroleum prices (-2.9%) more than offset higher cost for natural gas (6.8%). Prices for nonfuel imports increased 0.4%, mainly pushed by cost of industrial supplies and materials (0.6%), namely steelmaking materials, fertilizer, and steel mill products; capital goods (0.4%); foods, feeds, and beverages (0.9%); and automotive vehicles (0.3%). Year-on-year, import prices were up 12%.
2022-05-13
US Import Prices Rise the Most Since 2011
The price index for US imports jumped 2.6 percent from a month earlier in March of 2022, the most since April 2011, following a revised 1.6 percent increase in February and above market expectations of 2.3 percent. Prices for import fuel advanced 14.6 percent in March, the largest one-month advance since July 2020, driven by higher petroleum prices. Meantime, Nonfuel import prices increased 1.2 percent, led by higher prices for nonfuel industrial supplies and materials, capital goods, consumer goods, and foods, feeds, and beverages. On a yearly basis, US import prices advanced 12.5 percent in March.
2022-04-14