The price index for US imports advanced 1.2 percent from a month earlier in October 2021, accelerating from a 0.4 percent increase in the previous month and above market expectations of a 1 percent rise. It was the largest monthly advance since a 1.3 percent rise in May. Import fuel cost jumped 8.6 percent, following a 3.9 percent increase the previous month, mostly driven by higher petroleum and natural gas prices. Meanwhile, prices for nonfuel imports went up 0.4 percent, after a 0.1 percent advance in September due to higher prices for nonfuel industrial supplies and materials; automotive vehicles; foods, feeds, and beverages; and consumer goods. On a yearly basis, import prices surged 10.7 percent in October, the largest over-the-year increase since June 2021. source: U.S. Bureau of Labor Statistics

Import Prices in the United States averaged 110.07 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 November of 2021.

Import Prices in the United States is expected to be 132.00 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 130.00 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.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
United States Import Prices


Calendar GMT Actual Previous Consensus TEForecast
2021-11-16 01:30 PM Import Prices YoY Oct 10.7% 9.3% 10.6%
2021-11-16 01:30 PM Import Prices MoM Oct 1.2% 0.4% 1% 0.8%
2022-01-14 01:30 PM Import Prices MoM Dec


Related Last Previous Unit Reference
Inflation Rate 6.20 5.40 percent Oct/21
Inflation Rate Mom 0.90 0.40 percent Oct/21
Consumer Price Index CPI 276.72 274.14 points Oct/21
Core Inflation Rate 4.60 4.00 percent Oct/21
Core Consumer Prices 281.70 280.02 points Oct/21
Producer Prices 129.80 128.90 points Oct/21
Producer Prices Change 8.60 8.60 percent Oct/21
Export Prices 145.20 143.10 points Oct/21
Import Prices 136.50 134.90 points Oct/21
Food Inflation 5.30 4.60 percent Oct/21
CPI Transportation 241.04 236.37 points Oct/21
CPI Housing Utilities 285.31 283.74 points Oct/21
CPI Core Core 3.40 3.10 percent Sep/21

News Stream
US Import Prices Rise the Most in 5 Months
The price index for US imports advanced 1.2 percent from a month earlier in October 2021, accelerating from a 0.4 percent increase in the previous month and above market expectations of a 1 percent rise. It was the largest monthly advance since a 1.3 percent rise in May. Import fuel cost jumped 8.6 percent, following a 3.9 percent increase the previous month, mostly driven by higher petroleum and natural gas prices. Meanwhile, prices for nonfuel imports went up 0.4 percent, after a 0.1 percent advance in September due to higher prices for nonfuel industrial supplies and materials; automotive vehicles; foods, feeds, and beverages; and consumer goods. On a yearly basis, import prices surged 10.7 percent in October, the largest over-the-year increase since June 2021.
2021-11-16
US Import Prices Rebound in September
The price index for US imports increased 0.4 percent in September 2021, rebounding from a 0.3 percent decline in August and compared with market expectations of a 0.6 percent rise. Import fuel cost advanced 3.7 percent, after decreasing 3.0 percent the previous month, mostly driven by higher petroleum and natural gas prices. Meanwhile, prices for nonfuel imports were unchanged, after edging down 0.1 percent in August, as a drop in cost for nonfuel industrial supplies and materials offset gains in prices for foods, feeds, and beverages; consumer goods; and automotive vehicles. On a yearly basis, import prices advanced 9.2 percent in September.
2021-10-15
US Import Prices Drop for 1st Time in 10 Months
The price index for US imports decreased 0.3 percent in August 2021, the first monthly decline for the index since a 0.1 percent drop in October 2020 and compared with market expectations of a 0.3 percent rise. Import fuel cost declined 2.3 percent, the first monthly decrease in 10 months, mostly driven by lower petroleum prices. In addition, prices for nonfuel imports fell 0.1 percent, the first drop since November 2020, as a decrease in nonfuel industrial supplies and materials more than offset higher prices for automotive vehicles; foods, feeds, and beverages; capital goods; and consumer goods. On a yearly basis, import prices advanced 9.0 percent, the annual gain since March.
2021-09-15

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.