July 18, 2006 (The Editor’s Desk is updated each business day.)

Export prices up in June

Export prices rose 0.8 percent in June, the largest one-month increase since September 2005.

Over-the-month change in price index for exports, June 2005-June 2006 (not seasonally adjusted)
[Chart data—TXT]

Both agricultural and nonagricultural export prices contributed to the overall increase.

Agricultural prices advanced 2.4 percent, the largest monthly increase for the index since March 2005. Higher prices for wheat, corn, and vegetables all influenced the increase. However, despite the June rise, agricultural prices ticked down over the past year.

Nonagricultural prices rose 0.6 percent in June, continuing the recent upward trend for the index. Prices of nonagricultural exports rose 4.6 percent for the year ended in June.

These data are from the BLS International Price program. Export price data are subject to revision. Learn more in "U.S. Import and Export Price Indexes - June 2006" (PDF) (TXT), news release USDL 06-1202.