{"id":526064,"date":"2010-04-13T08:43:49","date_gmt":"2010-04-13T12:43:49","guid":{"rendered":"http:\/\/www.businessinsider.com\/march-us-import-prices-2010-4"},"modified":"2010-04-13T08:43:49","modified_gmt":"2010-04-13T12:43:49","slug":"inflation-alert-import-prices-jumped-7-in-march","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/526064","title":{"rendered":"Inflation Alert: Import Prices Jumped .7% In march"},"content":{"rendered":"<p><a href=\"http:\/\/www.bls.gov\/news.release\/ximpim.nr0.htm\">Straight from the BLS<\/a>:<\/p>\n<p>&#8212;&#8211;<\/p>\n<p><span style=\"color: #ff0000;\"><strong>The U.S. Import Price Index rose 0.7 percent in March, the U.S. Bureau of Labor Statistics reported today<\/strong><\/span>.&nbsp; <br \/>The increase was attributable to higher prices for both fuel and nonfuel imports and followed a 0.2 percent <br \/>decline in February. Export prices also rose 0.7 percent in March after declining 0.4 percent the previous <br \/>month.<\/p>\n<p>Imports<\/p>\n<p>All Imports: In March, import prices increased for the seventh time in the past eight months, rising 0.7 <br \/>percent. The March upturn followed a 0.2 percent decline in February and was largely driven by a <br \/>turnaround in fuel prices, which accounted for approximately 80 percent of the increase. Import prices <br \/>advanced 11.4 percent for the year ended in March after decreasing 14.9 percent for the March 2008-09 <br \/>period.<\/p>\n<p>Fuel Imports: Import fuel prices resumed an upward trend in March, rising 2.9 percent following a 1.2 <br \/>percent drop in February. A 4.0 percent increase in petroleum prices was slightly offset by a 12.4 percent <br \/>decline in natural gas prices, which decreased for the first time in six months. Over the past year, the price <br \/>index for petroleum increased 70.2 percent and natural gas prices rose 19.0 percent, driving overall fuel <br \/>prices up 63.3 percent for the same period. The 12-month increase in fuel prices followed a 50.7 percent <br \/>drop for the March 2008-09 period.<\/p>\n<p>All Imports Excluding Fuel: Prices for nonfuel imports rose for the eighth consecutive month, advancing <br \/>0.2 percent. The increase was led by higher prices for nonfuel industrial supplies and materials, consumer <br \/>goods, and foods, feeds, and beverages.&nbsp; Lower prices for capital goods and automotive vehicles partly <br \/>offset the overall advance. Over the past 12 months, nonfuel import prices rose 2.7 percent, the largest 12-<br \/>month increase since the index went up 4.8 percent for the October 2007-2008 period.<\/p>\n<p><\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/march-us-import-prices-2010-4#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/5pGy32JCKs0\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Straight from the BLS: &#8212;&#8211; The U.S. Import Price Index rose 0.7 percent in March, the U.S. Bureau of Labor Statistics reported today.&nbsp; The increase was attributable to higher prices for both fuel and nonfuel imports and followed a 0.2 percent decline in February. Export prices also rose 0.7 percent in March after declining 0.4 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-526064","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/526064","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=526064"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/526064\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=526064"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=526064"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=526064"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}