January 12, 2001 (The Editor’s Desk is updated each business day.)
Imported petroleum prices drop in December
The U.S. Import Price Index decreased 0.5 percent in December. The decline followed a 0.1-percent increase in the previous month and reflected a 9.3-percent over-the-month downturn for imported petroleum prices.
[Chart data—TXT]
The volatile petroleum index still rose 18.8 percent for the year ended in December 2000 after surging 136.8 percent from December 1998 to December 1999.
From December 1999 to December 2000, import prices rose 3.5 percent after gaining 7.1 percent in the December 1998-99 period. The increase in both years was largely attributable to rising petroleum prices.
These data are a product of the BLS International
Price program. Learn more in "U.S.
Import and Export Price Indexes - December 2000," news release
USDL 01-10. Note: export price data are subject to revision in each of the
three months after original publication.
Of interest
Spotlight on Statistics: National Hispanic Heritage Month
In this Spotlight, we take a look at the Hispanic labor force—including labor force participation, employment and unemployment, educational attainment, geographic location, country of birth, earnings, consumer expenditures, time use, workplace injuries, and employment projections.
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