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September Import Price Index edged up .2%

October 24, 2013 by Doug Nelson Leave a Comment

The Import Price Index increased 0.2% in September according the October 2013 Bureau of Labor Statistics report.  Excluding Fuel Prices, the Import Price Index increased 0.1% in September.  Year to date the Import Price Index is down 1.2%.

Import prices rose 0.2 percent in September following a 0.2 percent advance the previous month. Those were the first monthly increases for the index since a 0.9 percent rise in February. Higher fuel prices were the largest contributor to the September advance in overall import prices, although nonfuel prices  increased as well. Despite the recent advances, import prices declined 1.0 percent over the past 12 months, the second consecutive month of decreasing year-over-year changes.

Read Full Report from BLS

10242013 Import Export Price Index Graph

The Bureau of Labor Statistics tracks this data by Harmonized Tariff Schedule, your HTS code.   Below are a few of the HTS codes, if you don’t see your industry below – please let me know and I will post the data for your industry as well.

Section VI: Products of the Chemical or Allied Industries  -0.1 Decline
Section VII: Plastics and Articles thereof   -0.2 Decline
Section XIII: Articles of Stone, Plaster, Cement… ..Glass and Glassware    0.0 No Change
Section XV: Base Metals and Articles of Base Metal     0.3  Increase
Section XVI: Machinery and Mechanical… …and accessories of such articles.   -0.1  Decrease
Section XVIII: Optical, Photographic…  …parts and accessories thereof.    0.1 Increase
Section XX: Miscellaneous Manufactured Articles.     0.3 Increase
(see below for more details by Harmonized Tariff System)
 
10242013 Import Price Index by HTS Code 
 
(Click Here to See More Harmonized codes from from BLS)
 
HTS XX: Misc. manufactured articles
HTS VI: Products of the chemical or allied…
HTS VII: Plastics and articles thereof…
HTS XIII: Stone, plaster, cement…
HTS XV: Base metals and articles of..
HTS XVI: Machinery, electrical eqpt, TV…

 

Filed Under: Economy Tagged With: Import Price Index

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