The price index for US imports advanced 1.0 percent from a month earlier in June 2021, following an upwardly revised 1.4 percent increase in the previous month and compared with market expectations of 1.2 percent. Cost for import fuel rose 4.7 percent (vs 5.5 percent in May), boosted by higher prices for petroleum and natural gas. Meanwhile, nonfuel import prices were up 0.7 percent (vs 0.9 percent in May) on the back of higher prices for nonfuel industrial supplies and materials; foods, feeds, and beverages; consumer goods; and capital goods. Year-on-year, import prices rose 11.2 percent in June, following an 11.6 percent increase in May, which was the largest annual advance in prices since September 2011. source: U.S. Bureau of Labor Statistics
Import Prices in the United States averaged 109.83 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 July of 2021.
Import Prices in the United States is expected to be 128.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Import Prices in the United States to stand at 120.00 in 12 months time. In the long-term, the United States Import Prices is projected to trend around 128.00 points in 2022 and 128.74 points in 2023, according to our econometric models.