Import Prices Up; Exports Decline

Neuman, Emily
September 2004
Bond Buyer;9/10/2004, Vol. 349 Issue 31966, p2
Trade Publication
This article reports that the U.S. Import Price Index rose 1.7% in August the tenth increase in the last 11 months according to data released by the U.S. Department of Labor. Meanwhile, export prices fell 0.5%. That figure follows a revised 0.5% increase in July, originally reported as a 0.4% rise, and a revised 0.8% increase in June, reported as a 0.7% gain last month. Imports showed a 7.2% gain from August 2003 through August 2004, while exports rose 3.9% over the same period. The rise in the Import Price Index comes as prices for petroleum imports surged 9.6% in August, following a revised 2.0% gain in July, first reported as a 0.9"% rise.


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