U.S. Import and Export Data Price Indexes News Release 2021

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U.S. Import and Export Data Price Indexes News
Release 2021
U.S. import prices advanced 1.3 percent in
February following a 1.4-percent increase in
January, the U.S. Bureau of Labor Statistics
reported today. Higher fuel and nonfuel prices
contributed to the advances in each of the past 2
months. Prices for U.S. exports also rose in
February, increasing 1.6 percent, after
advancing 2.5 percent the previous month.
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USA Import Data shows the price index for U.S.
imports increased 1.3 percent in February
following a 1.4-percent advance the previous
month. The January rise was the most important
monthly advance since March 2012. apart from a
0.1-percent downturn in October, import prices
have increased monthly since April 2020. Prices
for U.S. imports rose 3.0 percent over the past
year, the most important 12-month advance since
the index increased 3.4 percent from October
2017 to October 2018. (See table 1.) Fuel
Imports Prices for import fuel advanced 11.1
percent in February, after increasing 9.0
percent in January, 7.3 percent in December, and
4.4 percent in November. The February rise was
the most important advance since the index
increased 15.2 percent in July 2020. An
11.3-percent rise in petroleum prices and an
11.2- percent advance in gas prices each
contributed to the February increase in import
fuel prices. the worth index for import fuel
rose 6.5 percent over the past year, the primary
12-month advance since a 13.2-percent increase in
January 2020. Prices for petroleum imports rose
5.5 percent for the year led to February and gas
prices advanced 44.8 percent over an equivalent
period. USA Trade Data All Imports Excluding
Fuel Nonfuel import prices increased 0.4
percent in February following advances of 0.9
percent in January and 0.4 percent in December.
In February, higher prices for nonfuel
industrial supplies and materials foods, feeds,
and beverages capital goods commodity and
automotive
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vehicles all contributed to the increase in
nonfuel import prices. Prices for nonfuel
imports increased 2.8 percent over the past 12
months, the most important over-the-year advance
since the index rose 2.9 percent in January
2012. Exports USA Export Data shows U.S export
prices advanced 1.6 percent in February, after a
2.5-percent rise in January which was the most
important 1-month increase since the index was
first published monthly in December 1988. Prices
for U.S. exports advanced 5.2 percent for the
year led to February and havent recorded a
monthly decline since the index fell 3.5 percent
in April 2020. The February 12-month rise was
the most important over- the-year increase since
the index advanced 5.3 percent in June
2018. Agricultural Exports the worth index for
agricultural exports rose 2.9 percent following a
6.0-percent increase the previous month. Export
agricultural prices havent recorded a monthly
drop since August 2020. In February, higher
prices for corn, fruit, soybeans, cotton, dairy
products, meat, and wheat quite offset lower nut
prices. Prices for agricultural exports advanced
16.1 percent over the past year, the most
important 12-month rise since the index
increased 22.7 percent in September 2011. The
advance was primarily led by higher soybean and
corn prices.
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All Exports Excluding Agriculture
Nonagricultural export prices rose 1.5 percent
in February, after increases of two .2 percent
in January and 1.3 percent in December. Higher
prices for nonagricultural industrial supplies
and materials, capital goods, consumer goods,
and automotive vehicles all contributed to the
February advance. Prices for nonagricultural
exports rose 4.1 percent from February 2020 to
February 2021, the most important 12-month
increase since August 2018. USA Import Export
Data Services Imports The index for import air
passenger fares advanced 1.9 percent in
February, after declining 5.6 percent in January.
In February, higher European fares quite offset
lower Asian fares. Despite the February
increase, import air passenger fares decreased
12.2 percent over the past 12 months. Import air
freight prices fell 1.8 percent in February
following a 5.8-percent decrease the previous
month. before that, prices for import air freight
rose 21.6 percent from September to December.
Even with the recent downturn, import air freight
prices advanced 68.4 percent over the past year.
(See table 10.) Exports Export air passenger
fares declined 4.7 percent in February, after
increasing 11.2 percent in January. The February
decrease was driven by lower Latin
American/Caribbean and
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• Asian fares which quite offset higher European
  fares. Prices for export air freight fell 0.7
  percent in February following a 1.4- percent
  increase in January. Export air freight prices
  also declined over the past 12 months,
  decreasing 0.4 percent from February 2020 to
  February 2021.
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