Import prices in the US increased 0.3 percent from a month earlier in December 2019, following a 0.1 percent gain in November and matching market expectations. It was the largest monthly advance since March as prices for import fuel increased 2.8 percent (vs 1.3 percent in November) boosted by both petroleum and natural gas. Meanwhile, nonfuel import prices were unchanged (vs -0.1 percent in November) as declining nonfuel industrial supplies and materials prices offset higher prices for foods, feeds, and beverages and for finished goods. Prices for imports rose 0.5 percent in 2019, after decreasing 0.9 percent in 2018.
Import Prices in the United States averaged 109.14 points from 1982 until 2019, 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. source: U.S. Bureau of Labor Statistics
Import Prices in the United States is expected to be 126.20 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 125.74 in 12 months time. In the long-term, the United States Import Prices is projected to trend around 128.74 points in 2020, according to our econometric models.