Prices for US imports dropped 0.1 percent from a month earlier in February 2023, following a revised 0.4 percent decrease in the previous month and compared with market expectations of a 0.2 percent decline. It was the eighth consecutive month of decline in import prices, led by a decrease in fuel costs (-4.9 percent, the same as in January). Within fuel, natural gas prices slumped 55.6 percent in February, following a 10.3 percent gain in January. By contrast, the price index for nonfuel imports rose 0.4 percent in February after advancing 0.2 percent in January, boosted by increases in the cost of consumer goods, foods, feeds, and beverages; capital goods; and automotive vehicles. Yearly, import prices declined 1.1 percent in February, the first 12-month decrease since December 2020. source: U.S. Bureau of Labor Statistics

Import Prices MoM in the United States averaged 0.12 percent from 1989 until 2023, reaching an all time high of 3.40 percent in September of 1990 and a record low of -7.40 percent in November of 2008. This page includes a chart with historical data for the United States Import Prices MoM. United States Import Prices MoM - data, historical chart, forecasts and calendar of releases - was last updated on March of 2023.

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United States Import Prices MoM



Calendar GMT Actual Previous Consensus TEForecast
2023-02-17 01:30 PM Jan -0.2% -0.1% -0.2% 0.3%
2023-03-16 12:30 PM Feb -0.1% -0.4% -0.2% -0.2%
2023-04-14 12:30 PM Mar

United States Import Prices MoM
In the United States, Import Prices correspond to the rate of change in the prices of goods and services purchased by residents of that country from, and supplied by, foreign sellers. Import Prices are heavily affected by exchange rates.
Actual Previous Highest Lowest Dates Unit Frequency
-0.10 -0.40 3.40 -7.40 1989 - 2023 percent Monthly
NSA

News Stream
US Import Prices Fall for 8th Month
Prices for US imports dropped 0.1 percent from a month earlier in February 2023, following a revised 0.4 percent decrease in the previous month and compared with market expectations of a 0.2 percent decline. It was the eighth consecutive month of decline in import prices, led by a decrease in fuel costs (-4.9 percent, the same as in January). Within fuel, natural gas prices slumped 55.6 percent in February, following a 10.3 percent gain in January. By contrast, the price index for nonfuel imports rose 0.4 percent in February after advancing 0.2 percent in January, boosted by increases in the cost of consumer goods, foods, feeds, and beverages; capital goods; and automotive vehicles. Yearly, import prices declined 1.1 percent in February, the first 12-month decrease since December 2020.
2023-03-16
US Import Prices Fall for 7th Month
Prices for US imports dropped 0.2 percent from a month earlier in January 2023, following a revised 0.1 percent decrease in the previous month and matching market expectations. It was the seventh consecutive month of decline in import prices, led by a fall in fuel cost (-4.9 percent vs -4.4 percent in December). Within fuel, petroleum prices were down 4.5 percent, while natural gas cost slumped 11.2 percent. By contrast, the price index for nonfuel imports rose 0.3 percent in January, after advancing 0.4 percent in December, boosted by increases in the cost of foods, feeds, and beverages; capital goods; automotive vehicles; and consumer goods. On a yearly basis, import prices rose 0.8 percent in January, the smallest increase since December 2020.
2023-02-17
US Import Prices Unexpectedly Rise
Prices for US imports rose 0.4 percent from a month earlier in December 2022, following a revised 0.7 percent decrease in the previous month and compared with market consensus of a 0.9 percent fall. It was the first monthly increase since June on the back of higher nonfuel and fuel prices. Prices for nonfuel imports increased 0.4 percent, the first one-month advance since April, due to rising costs for nonfuel industrial supplies and materials; consumer goods; foods, feeds, and beverages; capital goods; and automotive vehicles. Import fuel prices moved up 0.6 percent, the first monthly increase since June, as higher natural gas prices more than offset lower prices for petroleum. On a yearly basis, US import prices advanced 3.5 percent in December, accelerating from November's 2.7 percent increase.
2023-01-13