December 10, 1999 (The Editor’s Desk is updated each business day.)
Import prices rise again in November
The U.S. Import Price Index increased 0.5
percent in November. The increase—the fifth in a row—was the same as
in October.
[Chart data—TXT]
Import prices were up 4.2 percent since June and 5.5 percent over the
past 12 months. The recent gains were in marked contrast to the 6.5
percent decline recorded during the November 1997-98 period.
The petroleum index, which has increased nine consecutive months,
continued to lead the upswing for overall imports. In November, petroleum
prices rose 1.9 percent and were at their highest level since January
1997. Over the past 12 months, the petroleum index has almost doubled,
gaining 95.2 percent.
These data are a product of the BLS International
Price program. Learn more in "U.S.
Import and Export Price Indexes - November 1999," news release
USDL 99-349. Note: import 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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