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United States Import Prices

The price index for US imports dropped 0.2 percent from a month earlier in December 2021, following a 0.7 percent increase in November and missing market expectations of a 0.3 percent rise. It was the first monthly decrease since August as import fuel prices decreased 6.5 percent, the most since April 2020, due to a 6.0 percent fall in petroleum cost and a 13.7 percent decline in natural gas prices. Meanwhile, nonfuel import prices rose 0.5 percent for the third consecutive month in December, boosted by prices for nonfuel industrial supplies and materials; consumer goods; foods, feeds, and beverages; automotive vehicles; and capital goods. On a yearly basis, US import prices increased 10.4 percent in December. source: U.S. Bureau of Labor Statistics

Import Prices in the United States averaged 110.21 points from 1982 until 2021, 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. United States Import Prices – data, historical chart, forecasts and calendar of releases – was last updated on January of 2022.

Import Prices in the United States is expected to be 143.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Import Prices is projected to trend around 150.00 points in 2023, according to our econometric models.