Import prices in the US increased 1.2 percent month-over-month in March of 2021, after advancing 1.3 percent in February and slightly above market forecasts of 1 percent. Import fuel prices rose 6.3 percent, petroleum advanced 6.7 percent and natural gas 3.6 percent. Excluding fuel, prices went up at a slower 0.8 percent, mainly due to industrial supplies and materials; foods, feeds, and beverages; capital goods; and consumer goods. The 4.1 percent increase from December to March was the largest 3-month rise for import prices since the index advanced 5.8 percent in May of 2011. Year-on-year, import prices jumped 6.9 percent, the largest annual rise since January of 2012. source: U.S. Bureau of Labor Statistics
Import Prices in the United States averaged 109.67 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 May of 2021.
Import Prices in the United States is expected to be 126.00 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 128.00 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.