USA - Importpriserna

Import prices in the US increased 0.2 percent from a month earlier in November 2019, recovering from a 0.5 percent drop in the previous month and in line with market expectation. Import fuel prices rose 2.6 percent in November, the most since May and compared with a 2.5 percent drop the previous month, mainly due to natural gas (48.5 percent) and petroleum (1.1 percent). On the other hand, cost for nonfuel imports edged down 0.1 percent, the fourth consecutive monthly decline amid falling prices for capital goods and foods, feeds, and beverages. Year-on-year, import prices fell 1.3 percent, the smallest decline since the index fell 0.9 percent during the period ended May 2019.

Import prices in the US fell 0.5 percent from a month earlier in October 2019, after a downwardly revised 0.1 percent rise in the previous month and compared to market expectations of a 0.2 percent decrease. Import fuel prices declined 2.9 percent in October, as a 3.7 percent drop in petroleum prices more than offset a 32 percent increase in natural gas prices. Also, cost for nonfuel imports went down 0.2 percent amid prices of foods, feeds, and beverages (-0.4 percent); consumer goods (-0.1 percent); and capital goods (-0.1 percent). Year-on-year, import prices dropped 3 percent, the largest 12-month decrease since the index fell 3.7 percent during the period ended July 2016.

US import prices rose 0.2 percent from a month earlier in September 2019, rebounding from a downwardly revised 0.2 percent fall in August and beating market expectations of a flat reading. Fuel prices increased 2.1 percent, after declining 1.9 percent in August, as higher cost of petroleum (2.3 percent) more than offset lower natural gas prices (-3.7 percent). Meantime, nonfuel imports prices went down 0.1 percent following two consecutive months unchanged, mainly due to foods, feeds, and beverages prices (-0.8 percent) while cost of nonfuel industrial supplies and materials advanced (0.5 percent). Year-on-year, import prices declined 1.6 percent.

US import prices fell 0.5 percent from a month earlier in August 2019, after a downwardly revised 0.1 percent gain in July and compared with market consensus of a 0.4 percent decline. Fuel prices dropped 4.3 percent, following a 0.7 percent rise in the previous month, as lower cost of petroleum (-4.8 percent) more than offset higher prices for natural gas (16 percent). Meanwhile, prices for nonfuel imports were unchanged for the second consecutive month, after falling 0.3 percent in June and May, mostly due to cost of foods, feeds, and beverages (-0.3 percent); and nonfuel industrial supplies and materials (-0.3 percent). Year-on-year, import prices went down 1 percent, following an upwardly revised 1.9 percent fall in July.

US import prices rose 0.2 percent from a month earlier in July 2019, following a 1.1 percent drop in June and compared with market expectations of a flat reading. Cost of petroleum products rebounded 1.8 percent, after declining 7.3 percent in the previous month, as an increase in petroleum prices more than offset a fall in natural gas prices. Meanwhile, nonfuel imports prices edged down 0.1 percent, the fifth consecutive month of decrease, due to declines in prices for capital goods and motor vehicles. Year-on-year, import prices went down 1.8 percent, while markets had forecast a 2.9 percent drop.

US import prices fell 0.9 percent from a month earlier in June 2019, after a flat reading in May and compared with market expectations of a 0.7 percent decrease. It was the first month of decline since December, as fuel prices fell 6.5 percent following a 2.3 percent gain the previous month due to lower cost of petroleum (-6.2 percent) and natural gas (-21 percent). Also, nonfuel import prices dropped 0.3 percent for the second consecutive month, as cost of foods, feeds, and beverages (-1.5 percent); nonfuel industrial supplies and materials (-0.6 percent); capital (-0.2 percent) and consumer goods (-0.1 percent) more than offset rising prices for automotive vehicles (0.1 percent). Year-on-year, import prices went down 2 percent, following a downwardly revised 1.1 percent fall in May. It was the largest over-the-year decrease since August 2016.