Import and Export prices - 8:30

Full report here U.S. IMPORT AND EXPORT PRICE INDEXES - NOVEMBER 2009 The U.S. Import Price Index advanced 1.7 percent in November, the U.S. Bureau of Labor Statistics reported today, led by a 7.3 percent rise in fuel prices. The increase followed a 0.8 percent advance in October. U.S. export prices rose 0.8 percent in November after a 0.2 percent increase the previous month. Imports All Imports: The 1.7 percent increase in U.S. imports in November continued the upward trend for the index. Import prices have risen in eight of the past nine months, increasing 10.1 percent over that period. The November advance for overall import prices was driven by higher fuel prices, which accounted for approximately 80 percent of the increase. The price index for U.S. imports advanced 3.7 percent for the year ended in November, the first time the index increased over a 12-month period since a 4.9 percent advance for the October 2007-2008 period. Fuel Imports: Prices for import fuel rose 7.3 percent in November after a 2.5 percent increase the previous month. A 6.2 percent increase for petroleum prices and a 30.0 percent increase for natural gas prices led the overall advance in November. Over the past 12 months, fuel prices increased 27.0 percent. A 35.5 percent rise in petroleum prices more than offset declining natural gas prices, which fell 31.3 percent despite the advance in November. All Imports Excluding Fuel: Nonfuel import prices rose 0.4 percent in November as higher prices for nonfuel industrial supplies and materials, capital goods, and foods, feeds, and beverages contributed to the advance. Prices for nonfuel imports rose between 0.4 percent and 0.5 percent in each of the past four months. The index declined 1.0 percent over the past 12 months as decreases from November 2008 to March 2009 more than offset the recent increases. More at link with formatted tables