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

1. U.S. Import and Export Data Price Indexes NewsRelease 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 previousmonth.

2. USA Import Datashows 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 inNovember. 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 DataAll 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 ; andautomotive

3. 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 January2012. Exports USA Export Datashows 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 haven’t 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 exportsrose 2.9 percent following a 6.0-percent increase the previous month. Export agricultural prices haven’t 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.

4. 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 August2018. USA Import ExportData 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 freightrose 21.6 percent from September to December. Even with therecent downturn, import air freight prices advanced 68.4 percent over the past year. (See table10.) 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/Caribbeanand

5. 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 February2021. More Articles:- Chile Import Export TradeStatistics India Import Data, India Trade Data, India ExportData Srilanka Import Export Data ProviderCompany Benefit of Hiring an India Import Export BusinessConsultant Costa Rica Import Export Data Importance in 2021 How to Find an Genuine India Import Export Data Service ProviderOnline

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