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.