Import Price Index Rises But Not From Oil

Jan. 13, 2005
By John S. McClenahen Higher prices for natural gas, metals and chemicals raised the U.S. Labor Department's import price index a modest 0.2% in November, following a 1.6% increase in October, the largest so far this year. Notably, prices for ...
ByJohn S. McClenahen Higher prices for natural gas, metals and chemicals raised the U.S. Labor Department's import price index a modest 0.2% in November, following a 1.6% increase in October, the largest so far this year. Notably, prices for petroleum imports fell 2.6% last month after increasing a whopping 28.1% during the previous four months. On the other side of the trade ledger, higher export prices for metals, chemicals and other non-agricultural products helped boost the U.S. export price index by 0.3% in November. Prices for agricultural exports fell 0.1% in November, their fifth decline during the last six months.

Popular Sponsored Recommendations

Smarter Savings for Manufacturers - Guide

Sept. 12, 2023
Enhance your service experiences and boost revenue while reducing costs. Learn how one platform can help your business be more agile and productive in today's market.

The Benefits of Continuous Thermal Monitoring

Oct. 17, 2023
Read this eBook to learn more about collecting and using data intelligently to improve performance.

Process Mining For Dummies

Nov. 19, 2023
Here it is. Everything you need to know about process mining in a single book, written in the easy-to-understand, hard-to-forget style that ‘For Dummies’ manages so effortlessly...

3D Printing a More Efficient Factory Floor

Nov. 16, 2023
Today’s additive manufacturing platforms make it simple to print a wide range of high-performing industrial parts as soon as possible and right where you need them — unlocking...

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!