Prices for US imports edged up 0.1 percent from a month earlier in November 2020, following a 0.1 percent decline the previous month and missing market expectations of a 0.3 percent rise. Import fuel prices advanced 4.3 percent (vs -0.9 percent in October) as natural gas prices rose 49.1 percent, the largest monthly gain since November 2018, and petroleum prices increased 2.1 percent. Meanwhile, nonfuel import prices were down 0.3 percent, the first time the index fell on a monthly basis since a 0.5 percent drop in April, due to lower prices for foods, feeds, and beverages; nonfuel industrial supplies and materials; and automotive vehicles. Year-on-year, import prices fell 1.0 percent in November. source: U.S. Bureau of Labor Statistics
Import Prices in the United States averaged 109.50 points from 1982 until 2020, 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 December of 2020.
Import Prices in the United States is expected to be 125.74 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 127.00 in 12 months time. In the long-term, the United States Import Prices is projected to trend around 128.00 points in 2021 and 128.74 points in 2022, according to our econometric models.