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                         U.S. IMPORT AND EXPORT PRICE INDEXES
                                      - JULY 2007 -

    The U.S. Import Price Index increased 1.5 percent in July, the Bureau 
of Labor Statistics of the U.S. Department of Labor reported today, after rising 
0.9 percent the previous month.  Higher petroleum prices drove the July 
advance.  Export prices also continued to trend upward in July, increasing 0.2 
percent following a 0.3 percent advance in June.   
   

                  Percent changes in import and export price indexes
                                   by End Use category
                                 -not seasonally adjusted-

                          IMPORTS                       EXPORTS

     Month                            Non-               Agri-    Nonagri-
                  All     Petroleum petroleum   All     cultural  cultural
                Imports   Imports   Imports   Exports   Exports    Exports


2006
July                0.8       3.6       0.0       0.4       1.9        0.2
August              0.5       1.0       0.5       0.4       0.9        0.5
September          -2.2     -11.0       0.1      -0.4      -0.5       -0.4
October            -2.5     -10.4      -0.6      -0.3       1.0       -0.5
November            0.4      -1.6       1.0       0.4       4.4        0.1
December            1.1       4.0       0.5       0.6       2.4        0.5

2007
January            -1.2      -6.6      -0.1       0.4       0.6        0.5
February            0.4       1.7       0.0       0.8       2.8        0.6
March               1.6       8.5       0.3       0.7       2.1        0.6
April               1.4       6.8       0.3       0.4      -1.4        0.5
May                 0.9 r     2.6 r     0.6 r     0.2       0.0 r      0.2
June                0.9 r     4.4 r     0.1 r     0.3       2.7 r      0.2 r
July                1.5       7.0       0.2       0.2       1.5        0.0

July 2005-06        7.0      28.5       2.4       4.5       2.1        4.7
July 2006-07        2.8       4.1       2.8       3.9      17.8        2.8

r = revised to reflect late reports and corrections by respondents.


Import Goods
   
    Import prices rose 1.5 percent in July, the sixth consecutive increase for 
the index.  Petroleum prices were also up for the sixth month in a row, 
increasing 7.0 percent in July after a 4.4 percent rise the previous month.  Over 
the past 12 months, the price index for petroleum imports was up 4.1 percent, 
while overall import prices rose 2.8 percent.  Nonpetroleum prices also 
advanced in July, rising 0.2 percent after rising 0.1 percent in June.  For the 
year ended in July, prices for nonpetroleum imports increased 2.8 percent.
    
    The rise in nonpetroleum import prices was driven primarily by price 
increases for finished goods.  The price index for capital goods increased 0.2 
percent, following advances of 0.2 percent and 0.1 percent, respectively, in 
June and May.  The increase in capital goods prices was led by a 2.3 percent 
advance in the price index for transportation equipment, excluding motor 
vehicles.  Consumer goods prices edged up 0.1 percent for the second 
consecutive month.  Similarly, the price index for automotive vehicles 
increased 0.1 percent for the fourth consecutive month.
   
    An increase in food prices also contributed to the overall increase in 
nonpetroleum import prices.  Foods, feeds, and beverages prices continued to 
rise, advancing 1.6 percent in July and 9.8 percent over the past year.  A 9.7 
percent increase in vegetables prices led the July increase.  
   
    In contrast, the price index for nonpetroleum industrial supplies and 
materials edged down 0.1 percent in July, the first decrease since January.  The 
decline was led by lower prices for natural gas.               
   
   
   
Export Goods 

    Export prices advanced 0.2 percent in July following increases of 0.3 
percent and 0.2 percent in June and May, respectively.   Agricultural export 
prices led the July increase, rising 1.5 percent.  The advance followed an 
increase of 2.7 percent in June and continued an upward trend over the past 15 
months. Higher prices for wheat, soybeans, and cotton contributed to the July 
increase, offsetting a decline in corn prices.  Prices for agricultural exports 
rose 17.8 percent over the past year.  Nonagricultural prices were unchanged in 
July.  For the July 2006-2007 period, nonagricultural prices rose 2.8 percent 
while overall export prices increased 3.9 percent.
   
    The price index for nonagricultural industrial supplies and materials fell 
0.5 percent in July, the first decline since October 2006.  Lower metals prices 
drove the index downward, offsetting higher prices for fuel, paper, and 
chemicals.  Despite the July downturn, nonagricultural industrial supplies and 
materials prices increased 6.0 percent for the year ended in July.  
    
    In contrast, prices for each of the major finished goods categories rose 
in July.  The price index for consumer goods increased 0.4 percent, while the 
price indexes for capital goods and automotive vehicles advanced 0.2 percent 
and 0.1 percent, respectively.  
   
   

Imports by Locality of Origin 
	
    The price index for imports from China rose 0.4 percent in July, the largest 
monthly increase since the index was first published in December 2003.  The July 
increase was the third consecutive monthly advance.  Over the past year, import prices 
from China increased 0.9 percent.  

    Higher petroleum prices in July contributed to increasing prices for 
imports from Mexico and Canada, which rose 1.7 percent and 0.3 percent, 
respectively.  For the year ended in July, import prices from Mexico rose 4.7 
percent and import prices from Canada advanced 3.7 percent.
   
    In contrast, July prices for imports from Japan and the European Union decreased 
0.2 percent and 0.4 percent, respectively.  Over the past 12 months, import prices 
from Japan fell 0.7 percent, while import prices from the European Union rose 
1.1 percent.
     
    

Import and Export Services

    Export travel and tourism prices, which are lagged one month, fell 0.2 percent 
in June after increasing in four of the previous five months. 

    Import air passenger fares increased 3.3 percent in July, driven by similar 
advances of 5.8 percent and 5.6 percent, respectively, in Asian and 
Latin American/Caribbean fares.  Export air passenger fares also increased, rising 
5.0 percent in July after falling 1.5 percent in June.  Over the past year, 
import air passenger fares rose 7.2 percent while export air passenger fares 
advanced 5.6 percent. 

    Prices for import air freight were unchanged in July, after declining 0.2 percent 
in June.  Prices for export air freight increased 0.6 percent.  For the year ended 
in July, import air freight prices decreased 0.8 percent while export air freight 
prices advanced 1.8 percent.
    

                                      CONTENTS OF RELEASE

This news release includes the following tables:

Table 1    U.S. Import Price Indexes, by End Use
Table 2    U.S. Export Price Indexes, by End Use
Table 3    U.S. Import Price Indexes, by NAICS
Table 4    U.S. Export Price Indexes, by NAICS
Table 5    U.S. Import Price Indexes, by Harmonized System
Table 6    U.S. Export Price Indexes, by Harmonized System
Table 7    U.S. Import Price Indexes, by Locality of Origin
Table 8    U.S. International Price Indexes for Selected Transportation Services
Table 9    U.S. Export Price Indexes for Travel and Tourism Services
Table 10   U.S. Export Price Indexes for Postsecondary Education Services	 	
-------------------------------------------------------------------
Import and Export Price Index data for August 2007 are scheduled for release on 
September 14 at 8:30 A.M. (E.D.T.).  



Table  1     U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods
                 July 2006-July 2007                   2000=100, unless otherwise noted
                                                                                   Index                    Percent Change
                                                                   Relative
                                                                    Import-                      Annual         Monthly
                                                                     ance                         July   March   April    May     June
 END                            Description                                                       2006    2007    2007    2007    2007
 USE                                                                 June      June      July      to      to      to      to      to
                                                                     2007      2007      2007     July   April    May     June    July
                                                                      1/                          2007    2007    2007    2007    2007

         ALL COMMODITIES.......................................... 100.000    119.7      121.5     2.8     1.4     0.9     0.9     1.5
         ALL IMPORTS EXCLUDING PETROLEUM..........................  80.794    106.9      107.1     2.8     0.3     0.6     0.1     0.2
         ALL IMPORTS EXCLUDING FUELS
                (Dec. 2001=100)...................................  78.249    109.3      109.6     2.2     0.3     0.5     0.1     0.3

0          FOODS, FEEDS, & BEVERAGES..............................   4.346    127.7      129.7     9.8     1.4     1.0     0.2     1.6

00               Agricultural foods, feeds & beverages,
                        excluding distilled beverages.............   3.318    139.5      141.6    11.9     1.9     1.1     0.3     1.5

01               Nonagricultural foods (fish, distilled beverages)   1.028    101.0      102.7     3.3    -0.4     0.4    -0.3     1.7

1          INDUSTRIAL SUPPLIES & MATERIALS........................  37.103    184.6      191.2     5.7     3.9     2.3     2.3     3.6
              INDUSTRIAL SUPPLIES & MATERIALS
                    EXCLUDING PETROLEUM...........................  17.896    143.8      143.7     8.3     1.1     2.0     0.1    -0.1
              INDUSTRIAL SUPPLIES & MATERIALS
                    EXCLUDING FUELS (Dec. 2001=100)...............  15.351    150.4      151.0     6.0     1.2     1.8    -0.1     0.4
              INDUSTRIAL SUPPLIES & MATERIALS,
                    DURABLE.......................................  10.072    146.8      147.5     8.0     1.8     2.4    -0.1     0.5
              INDUSTRIAL SUPPLIES & MATERIALS,
                    NONDURABLE EXCLUDING PETROLEUM................   7.824    139.1      138.1     8.6     0.1     1.4     0.5    -0.7

10               Fuels & lubricants...............................  21.752    237.3      251.2     5.7     6.0     2.7     4.0     5.9
100                  Petroleum & petroleum products...............  19.207    244.4      261.5     4.1     6.8     2.6     4.4     7.0
10000                        Crude................................  13.435    244.8      264.9     4.2     6.9     2.9     5.2     8.2

101                  Fuels, n.e.s.-coals & gas....................   2.043    179.6      167.5     8.2    -2.2     2.1     0.0    -6.7

10110                        Gas-natural..........................   1.877    175.7      162.4     8.9    -2.6     2.1    -0.2    -7.6

11               Paper & paper base stocks........................   0.827    110.8      110.5    -1.3    -0.8     0.0     0.2    -0.3

12               Materials associated with nondurable
                        supplies & materials......................   4.533    125.1      125.5     3.1     0.4     0.6    -0.1     0.3

13               Selected building materials......................   1.897    113.1      116.1    -0.6     0.0    -0.2     1.7     2.7

14               Unfinished metals related to durable goods.......   4.771    215.0      214.4    16.4     3.2     3.7    -1.0    -0.3

15               Finished metals related to durable goods.........   1.743    133.5      133.8     4.1     2.0     4.1     0.3     0.2

16               Nonmetals related to durable goods...............   1.580    101.5      102.0     0.8    -0.2     0.0    -0.1     0.5

2          CAPITAL GOODS..........................................  21.446     91.2       91.4     0.1    -0.2     0.1     0.2     0.2

20               Electric generating equipment....................   2.640    105.8      105.8     3.5     0.6     0.4     0.5     0.0

21               Nonelectrical machinery..........................  17.163     87.1       87.1    -0.9    -0.3     0.0     0.2     0.0

22               Transportation equipment excluding
                        motor vehicles (Dec. 2001=100)............   1.644    111.0      113.5     5.0     0.5     0.2     0.1     2.3

3          AUTOMOTIVE VEHICLES, PARTS & ENGINES...................  13.737    104.7      104.8     0.7     0.1     0.1     0.1     0.1

4          CONSUMER GOODS, EXCLUDING
                  AUTOMOTIVES.....................................  23.369    101.4      101.5     1.2     0.0     0.0     0.1     0.1

40               Nondurables, manufactured........................  10.799    104.2      104.6     1.6     0.0     0.0     0.1     0.4

41               Durables, manufactured...........................  11.411     98.2       98.2     0.7    -0.1     0.0     0.0     0.0

42               Nonmanufactured consumer goods...................   1.159    102.4      102.9     3.2     0.1     0.1     0.0     0.5


     1   Relative importance figures are based on 2005 trade values.

     NOTES:  Data may be revised in each of the three months after original publication.
             n.a.  Not available





Table  2     U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods
                 July 2006-July 2007                   2000=100, unless otherwise noted
                                                                                         Index                 Percent Change
                                                                      Relative
                                                                       Import-                      Annual         Monthly
                                                                        ance                         July   March   April    May     June
 END                             Description                                                         2006    2007    2007    2007    2007
 USE                                                                    June      June      July      to      to      to      to      to
                                                                        2007      2007      2007     July   April    May     June    July
                                                                         1/                          2007    2007    2007    2007    2007

         ALL COMMODITIES............................................. 100.000    115.8      116.0     3.9     0.4     0.2     0.3     0.2
         AGRICULTURAL COMMODITIES....................................   8.441    146.8      149.0    17.8    -1.4     0.0     2.7     1.5
         NONAGRICULTURAL COMMODITIES.................................  91.560    113.6      113.6     2.8     0.5     0.2     0.2     0.0

0          FOODS, FEEDS, & BEVERAGES.................................   7.719    148.5      149.0    16.0    -1.1    -0.1     2.3     0.3

00               Agricultural foods, feeds & beverages,
                        excluding distilled beverages................   7.038    150.9      151.3    17.4    -1.6     0.1     2.7     0.3

01               Nonagricultural foods (fish, distilled beverages)...   0.681    128.1      130.2     3.7     4.6    -3.1    -1.2     1.6

1          INDUSTRIAL SUPPLIES & MATERIALS...........................  30.118    148.5      148.4     6.6     1.2     0.4     0.5    -0.1
              INDUSTRIAL SUPPLIES & MATERIALS,
                    DURABLE..........................................  11.962    160.9      158.0     9.0     0.5    -0.1     0.1    -1.8
              INDUSTRIAL SUPPLIES & MATERIALS,
                    NONDURABLE.......................................  18.158    142.0      143.5     5.4     1.7     0.7     0.8     1.1

10               Agricultural industrial supplies & materials........   1.403    129.7      140.0    20.1    -0.3    -1.0     3.3     7.9

           NONAGRICULTURAL INDUSTRIAL SUPPLIES
                        & MATERIALS..................................  28.716    149.8      149.1     6.0     1.3     0.5     0.3    -0.5

11               Fuels & lubricants..................................   4.478    200.5      201.9     1.5     5.2     0.3     0.7     0.7

12               Nonagricultural supplies & materials
                        excluding fuels & building materials.........  23.123    145.4      144.4     7.0     0.6     0.6     0.2    -0.7

13               Selected building materials.........................   1.115    113.9      113.9     3.7     0.2     0.4     0.5     0.0

2          CAPITAL GOODS.............................................  39.225     99.5       99.7     1.2     0.1     0.1     0.1     0.2

20               Electrical generating equipment.....................   3.687    106.7      107.0     2.1     0.5    -0.1     0.3     0.3

21               Nonelectrical machinery.............................  28.416     92.9       93.0     0.3    -0.1     0.1     0.1     0.1

22               Transportation equipment excluding
                        motor vehicles (Dec. 2001=100)...............   7.122    122.3      122.7     4.7     0.6     0.1     0.3     0.3

3          AUTOMOTIVE VEHICLES, PARTS & ENGINES......................  10.478    106.1      106.2     1.0     0.1     0.0     0.1     0.1

4          CONSUMER GOODS, EXCLUDING
                  AUTOMOTIVES........................................  12.460    105.8      106.2     2.4     0.6     0.3     0.1     0.4

40               Nondurables, manufactured...........................   5.936    106.7      107.2     3.5     0.7     0.7     0.3     0.5

41               Durables, manufactured..............................   5.440    103.6      104.0     1.5     0.5     0.1    -0.4     0.4


     1   Relative importance figures are based on 2005 trade values.

     NOTES:  Data may be revised in each of the three months after original publication.
             n.a.  Not available





Table 3      U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods
                 July 2006-July 2007         December  2005=100, unless otherwise noted
                                                                                           Index                 Percent Change
                                                                        Relative
                                                                         Import-                      Annual         Monthly
                                                                          ance                         July   March   April    May     June
NAICS                             Description                                                          2006    2007    2007    2007    2007
                                                                          June      June      July      to      to      to      to      to
                                                                          2007      2007      2007     July   April    May     June    July
                                                                           1/                          2007    2007    2007    2007    2007

         Nonmanufactured Articles......................................  17.777    114.4      120.9     4.9     5.5     2.6     3.7     5.7

11               AGRICULTURE AND LIVESTOCK PRODUCTS....................   1.493    111.9      115.2    15.9     3.1     0.6    -2.0     2.9
111                  Agricultural products.............................   1.024    110.7      116.6    27.9     4.6    -0.1    -1.9     5.3

21               OIL, GAS, MINERALS AND ORES...........................  16.284    114.6      121.4     4.0     5.8     2.8     4.2     5.9
212                  Minerals and ores (Dec. 2006=100).................   0.400    102.7      103.2    n.a.     1.2     0.3     0.6     0.5

         Manufactured Articles.........................................  81.636    105.5      106.2     2.7     0.5     0.6     0.4     0.7

31               MANUFACTURED GOODS, PART 1............................  10.287    103.8      104.4     3.3     0.3     0.5     0.5     0.6
311                  Food and kindred products.........................   2.446    111.0      112.6     9.7     0.7     1.7     1.4     1.4
312                  Beverages and tobacco products....................   0.802    102.7      103.0     1.4    -0.1     0.1     0.0     0.3
313                  Textiles and fabrics..............................   0.500    106.6      106.9     3.4     0.3     0.1     0.9     0.3
314                  Textile mill products.............................   0.773    100.7      100.9     0.2    -0.3     0.1     0.2     0.2
315                  Apparel and accessories...........................   4.293    101.0      101.2     1.2     0.2     0.2     0.1     0.2
316                  Leather and allied products.......................   1.473    101.7      102.4     1.6     0.2     0.1     0.1     0.7

32               MANUFACTURED GOODS, PART 2............................  18.002    109.3      111.9     4.9     1.6     0.7     1.3     2.4
321                  Wood products.....................................   1.217     92.3       95.0    -2.6     0.3    -0.4     2.8     2.9
322                  Paper.............................................   1.346    103.7      103.9    -0.6    -0.7     0.0     0.2     0.2
324                  Petroleum and coal products.......................   4.688    118.7      124.4     2.7     5.6     1.6     3.0     4.8
325                  Chemicals.........................................   7.868    110.2      111.9     9.2     0.7     0.7     0.6     1.5
326                  Plastics and rubber products......................   1.675    103.3      104.0     2.1    -0.3     0.2    -0.1     0.7
327                  Nonmetallic mineral products......................   1.100    105.5      107.5     3.9     0.1     0.5     0.1     1.9

33               MANUFACTURED GOODS, PART 3............................  53.347    104.6      104.7     1.8     0.3     0.5     0.0     0.1
331                  Primary metals....................................   5.610    148.1      147.5    15.0     3.3     4.5    -1.2    -0.4
332                  Fabricated metal products, nesoi..................   2.539    108.3      109.2     5.4     0.3     0.8     0.4     0.8
333                  Machinery, except electrical......................   6.684    105.7      105.8     3.3     0.3     0.2     0.7     0.1
334                  Computer and electronic products..................  14.068     94.7       94.4    -3.6    -0.6    -0.2    -0.1    -0.3
335                  Electrical equipment, appliances, and components..   3.653    106.3      106.5     3.6     0.3     0.4     0.4     0.2
336                  Transportation equipment..........................  14.465    101.3      101.6     1.1     0.1     0.1     0.2     0.3
337                  Furniture and fixtures............................   1.462    101.2      101.6     1.2    -0.1     0.1     0.1     0.4
339                  Miscellaneous manufactured commodities............   4.866    106.1      106.1     2.2     0.0     0.0     0.2     0.0


     1   Relative importance figures are based on 2005 trade values.

     NOTES:   Data may be revised in each of the three months after original publication.
              n.a.  Not available





Table  4     U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods
                 July 2006-July 2007         December  2005=100, unless otherwise noted
                                                                                           Index                 Percent Change
                                                                        Relative
                                                                         Import-                      Annual         Monthly
                                                                          ance                         July   March   April    May     June
NAICS                             Description                                                          2006    2007    2007    2007    2007
                                                                          June      June      July      to      to      to      to      to
                                                                          2007      2007      2007     July   April    May     June    July
                                                                           1/                          2007    2007    2007    2007    2007

         Nonmanufactured Articles......................................   6.132    115.8      117.8    12.1    -1.7    -0.9     1.5     1.7

11               AGRICULTURE AND LIVESTOCK PRODUCTS....................   4.511    123.5      128.4    20.1    -2.7    -1.2     2.8     4.0
111                  Agricultural products.............................   4.101    125.4      130.6    22.3    -3.9    -0.4     3.4     4.1

21               OIL, GAS, MINERALS AND ORES...........................   1.621     98.6       94.3    -6.6     1.1    -0.3    -2.0    -4.4
211                  Oil and gas.......................................   0.548     95.9       85.9     6.6     6.7    -1.7    -6.3   -10.4
212                  Minerals and ores.................................   1.073    100.2       98.9   -10.4    -1.8     0.5     0.4    -1.3

         Manufactured Articles.........................................  90.706    105.6      105.9     2.9     0.6     0.5     0.4     0.3

31               MANUFACTURED GOODS, PART 1............................   6.785    110.0      110.5    10.1     0.2     0.6     1.3     0.5
311                  Food and kindred products.........................   4.214    117.0      118.1    16.5     0.4     1.0     2.0     0.9
312                  Beverages and tobacco products....................   0.487    102.4      102.1     0.9    -0.2     0.2     0.1    -0.3
313                  Textiles and fabrics..............................   0.963     98.4       98.4     1.9     0.2     0.0     0.0     0.0
315                  Apparel and accessories...........................   0.556    100.6      100.6     0.6     0.0     0.0     0.2     0.0

32               MANUFACTURED GOODS, PART 2............................  22.713    109.6      110.5     3.8     1.4     0.8     0.6     0.8
321                  Wood products.....................................   0.565    110.7      111.3     7.7     0.2     0.1     1.2     0.5
322                  Paper.............................................   2.103    109.4      110.2     3.5     0.5     0.4     0.2     0.7
324                  Petroleum and coal products.......................   2.600    125.0      128.3     2.4     7.1     0.1     2.7     2.6
325                  Chemicals.........................................  14.191    108.4      109.0     4.3     0.9     1.3     0.5     0.6
326                  Plastics and rubber products......................   2.295    103.8      104.2     1.4     0.0    -0.5     0.4     0.4
327                  Nonmetallic mineral products......................   0.852    106.6      107.5     5.1     0.7     0.8    -0.4     0.8

33               MANUFACTURED GOODS, PART 3............................  61.208    103.6      103.7     1.8     0.2     0.4     0.1     0.1
331                  Primary metals....................................   4.311    127.6      125.7     7.4     1.1     2.9     0.5    -1.5
332                  Fabricated metal products, nesoi..................   2.821    112.8      113.0     6.0     1.0     2.0     0.1     0.2
333                  Machinery, except electrical......................  12.135    105.1      105.7     3.5     0.3     0.3     0.2     0.6
334                  Computer and electronic products..................  17.078     96.3       96.2    -2.1    -0.2     0.0    -0.1    -0.1
335                  Electrical equipment, appliances, and components..   3.588    104.2      104.6     3.2     0.4     0.0     0.3     0.4
336                  Transportation equipment..........................  16.486    104.2      104.3     2.5     0.2     0.1     0.3     0.1
339                  Miscellaneous manufactured commodities............   4.447    103.9      104.3     2.3     0.5     0.0     0.3     0.4


     1   Relative importance figures are based on 2005 trade values.

     NOTES:   Data may be revised in each of the three months after original publication.
              n.a.  Not available




Table  5     U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods
                 July 2006-July 2007                   2000=100, unless otherwise noted
                                                                                         Index                 Percent Change
                                                                      Relative
                                                                       Import-                      Annual         Monthly
Harmo-                                                                  ance                         July   March   April    May     June
nized                            Description                                                         2006    2007    2007    2007    2007
System                                                                  June      June      July      to      to      to      to      to
                                                                        2007      2007      2007     July   April    May     June    July
                                                                         1/                          2007    2007    2007    2007    2007

I          LIVE ANIMALS; ANIMAL PRODUCTS.............................   1.182    126.6      127.7     6.3     0.7     2.5     0.1     0.9
02               Meat and edible meat offal..........................   0.310    146.7      147.1     6.1     0.8     1.6     0.7     0.3
03               Fish and crustaceans, molluscs and
                        other aquatic invertebrates..................   0.582     99.0      100.9     3.1    -0.4     0.4    -1.8     1.9

II         VEGETABLE PRODUCTS........................................   1.154    129.7      134.1    22.6     5.3    -1.1     0.2     3.4
07               Edible vegetables, roots, and tubers................   0.300    177.2      206.4    50.4    14.6    -7.7    -6.4    16.5
08               Edible fruit and nuts; peel of citrus
                        fruit or melons..............................   0.344     90.9       87.5    10.1     3.6     4.1     2.5    -3.7
09               Coffee, tea, mate and spices........................   0.243    142.1      142.6    22.0     0.2    -0.1     5.1     0.4

IV         PREPARED FOODSTUFFS, BEVERAGES, AND
                     TOBACCO.........................................   2.047    124.3      125.2     4.7     0.2     0.6     0.6     0.7
20               Preparations of vegetables, fruit,
                        nuts, or other parts of plants...............   0.266    123.2      122.4     4.2     0.1     0.3     0.8    -0.6
22               Beverages, spirits, and vinegar.....................   0.779    111.9      110.4    -0.3     0.2     0.4     0.3    -1.3

V          MINERAL PRODUCTS..........................................  21.372    233.2      246.7     4.2     5.7     2.4     4.0     5.8
27               Mineral fuels, oils and residuals,
                        bituminous substances and mineral wax........  20.986    232.8      246.5     4.2     5.8     2.5     4.0     5.9

VI         PRODUCTS OF THE CHEMICAL OR ALLIED
                     INDUSTRIES......................................   7.133    123.2      124.7     8.3     0.7     0.8     0.0     1.2
28               Inorganic chemicals.................................   0.982    221.3      237.1    53.5     4.8     3.9     2.2     7.1
29               Organic chemicals...................................   2.501    119.1      118.1    -1.3    -0.5    -0.1    -2.2    -0.8
30               Pharmaceutical products.............................   1.971    107.6      108.0     1.7     0.0     0.1     0.3     0.4
32               Tanning & dyeing extracts; dye &
                        pigments; varnish & paints; putty............   0.175    101.6      101.3     2.6    -0.1    -0.3     0.1    -0.3
33               Essential oils and resinoids (Dec. 2001=100)........   0.411    113.8      114.1     5.8     0.3     1.3     0.1     0.3
38               Miscellaneous chemical products.....................   0.421     96.5       97.0     4.2    -0.1     2.0     0.3     0.5

VII        PLASTICS AND ARTICLES THEREOF; RUBBER
                     AND ARTICLES THEREOF............................   2.910    122.0      122.4     0.2     0.2     0.4     0.2     0.3
39               Plastics and articles thereof.......................   1.880    118.8      119.4     0.7     0.1     0.5     0.3     0.5
40               Rubber and articles thereof.........................   1.030    128.3      128.2    -0.6     0.2     0.5     0.2    -0.1

VIII       RAW HIDES, SKINS, LEATHER, FURSKINS,
                     TRAVEL GOODS, ETC...............................   0.592    107.0      107.9     2.3     0.5     0.2     0.3     0.8
42               Articles of leather; travel goods, bags,
                        etc. of various materials....................   0.514    107.1      108.0     2.3     0.5     0.2     0.3     0.8

IX         WOOD, WOOD CHARCOAL, CORK, STRAW,
                     BASKETWARE AND WICKERWORK.......................   1.283    113.5      116.9    -2.6     0.4    -0.4     2.4     3.0

X          WOODPULP, RECOVERED PAPER, AND
                 PAPER PRODUCTS......................................   1.532    108.0      108.3    -0.4    -0.6     0.1     0.2     0.3
48               Paper and paperboard; articles of paper
                        pulp, paper or paperboard....................   1.044    103.9      104.0    -2.6    -1.0    -0.1     0.0     0.1
49               Printed matter......................................   0.274    115.6      116.3     1.8     0.1     0.2     0.3     0.6

XI         TEXTILE AND TEXTILE ARTICLES..............................   5.381    102.2      102.2     1.2     0.2     0.2     0.2     0.0
61               Articles of apparel and clothing
                        accessories, knitted or crocheted............   1.918    100.5      100.6     0.6     0.2     0.1     0.0     0.1
62               Articles of apparel and clothing
                        accessories, not knitted or crocheted........   2.175    101.2      101.2     1.5     0.2     0.3     0.1     0.0
63               Made-up or worn textile articles....................   0.522     93.9       94.1    -0.4    -0.5     0.0     0.0     0.2

XII        HEADGEAR, UMBRELLAS,
                 ARTIFICIAL FLOWERS, ETC.............................   1.229    101.7      102.5     1.9     0.2     0.0     0.0     0.8
64               Footwear and  parts of such articles................   1.038    101.6      102.4     1.3     0.1     0.0     0.1     0.8

XIII       STONE, PLASTER, CEMENT, ASBESTOS,
                 CERAMICS, GLASS ETC.................................   0.959    110.5      111.8     2.6     0.2     0.6     0.1     1.2
68               Articles of stone, plaster, cement,
                        asbestos, or mica (Dec. 2001=100)............   0.333    102.7      103.9     0.4    -0.2     0.0     0.0     1.2
69               Ceramic products....................................   0.303    116.6      119.5     5.8     0.1     1.7     0.0     2.5
70               Glass and glassware.................................   0.323    111.3      111.3     1.8     0.6     0.4     0.2     0.0

XIV        PEARLS, STONES, PRECIOUS METALS,
                 IMITATION JEWELRY, AND COINS........................   2.829    132.6      132.2     7.9    -0.7     1.1    -0.6    -0.3

XV         BASE METALS AND ARTICLES OF BASE METAL....................   6.720    173.6      173.8    10.8     3.0     3.3    -0.5     0.1
72               Iron and steel......................................   1.588    206.8      210.1    18.2     2.7     0.5     3.4     1.6
73               Articles of iron or steel...........................   1.451    128.5      129.5     2.8     0.3     0.5     0.3     0.8
74               Copper and articles thereof.........................   0.928    307.5      301.9     4.8    11.4    15.3     0.5    -1.8
76               Aluminum and articles thereof.......................   1.111    146.2      143.2     0.4    -0.1     1.4    -1.1    -2.1
82               Tools, implements, cutlery, spoons and
                        forks, of base metal; parts thereof..........   0.352    107.9      107.8     0.9     0.1     0.1    -0.2    -0.1
83               Miscellaneous articles of base metal................   0.474    124.8      125.1     4.9    -1.0     0.3     0.1     0.2

XVI        MACHINERY, ELECTRICAL EQUIPMENT, TV
                 IMAGE & SOUND RECORDERS, PARTS, ETC.................  24.119     87.8       87.9    -0.3    -0.2     0.0     0.2     0.1
84               Machinery and mechanical appliances; parts thereof..  12.474     88.3       88.6     0.2     0.0     0.0     0.2     0.3
85               Electrical machinery and equip, sound
                        and TV recorders & reproducers, parts........  11.645     87.2       87.1    -1.0    -0.3     0.0     0.0    -0.1

XVII       VEHICLES, AIRCRAFT, VESSELS AND
                 ASSOCIATED TRANSPORT EQUIPMENT......................  12.573    105.9      106.1     1.0     0.1     0.1     0.2     0.2
87               Motor vehicles and their parts......................  11.606    105.1      105.2     0.8     0.0     0.2     0.2     0.1
88               Aircraft, spacecraft, and parts
                        thereof (Dec. 2002=100)......................   0.856    109.0      109.1     2.3     0.6     0.2     0.1     0.1

XVIII      OPTICAL, PHOTO, MEASURING, MEDICAL &
                 MUSICAL INSTRUMENTS; & TIMEPIECES...................   2.965     99.5       99.2    -0.2     0.2    -0.1     0.3    -0.3
90               Optical, photographic, measuring and
                        medical instruments..........................   2.633     97.8       97.4    -0.6     0.3    -0.1     0.3    -0.4
91               Clocks and watches and parts thereof................   0.243    116.1      116.3     4.0    -0.2     0.1     0.2     0.2

XX         MISCELLANEOUS MANUFACTURED ARTICLES.......................   3.792    101.0      101.3     1.7     0.1     0.0     0.0     0.3
94               Furniture & stuffed furnishings; lamps &
                        lighting fittings, nesoi; prefab bldg........   2.156    104.5      104.7     1.2     0.2    -0.1     0.0     0.2
95               Toys, games and sports equipment; parts
                        and accessories thereof......................   1.428     96.2       96.3     1.9     0.2     0.0     0.1     0.1
96               Miscellaneous manufactured articles.................   0.208    106.5      106.7     4.8     0.3    -0.2     0.1     0.2


     1   Relative importance figures are based on 2005 trade values.
     2   Product categories included in this group have been modified due to concordance or coverage limitations.

     NOTES:   Data may be revised in each of the three months after original publication.
              n.a.  Not available



Table  6     U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods
                 July 2006-July 2007                   2000=100, unless otherwise noted
                                                                                         Index                 Percent Change
                                                                      Relative
                                                                       Import-                      Annual         Monthly
Harmo-                                                                  ance                         July   March   April    May     June
nized                            Description                                                         2006    2007    2007    2007    2007
System                                                                  June      June      July      to      to      to      to      to
                                                                        2007      2007      2007     July   April    May     June    July
                                                                         1/                          2007    2007    2007    2007    2007

I          LIVE ANIMALS; ANIMAL PRODUCTS.............................   1.594    153.1      155.8    19.4     1.6     0.4     1.9     1.8
02               Meat & edible meat offal (Dec. 2006=100)............   0.847    124.8      128.1    n.a.     1.2     3.7     4.6     2.6
03               Fish and crustaceans, molluscs and
                        other aquatic invertebrates..................   0.417    124.0      126.1     1.9     6.0    -4.2    -1.6     1.7

II         VEGETABLE PRODUCTS........................................   4.161    159.4      163.7    22.5    -3.0    -0.6     3.0     2.7
08               Edible fruit and nuts; peel of citrus
                        fruit or melons..............................   0.659    117.7      115.9    -5.7    11.8    -3.7    -2.8    -1.5
10               Cereals.............................................   1.860    179.2      174.8    24.8   -10.0     5.4     2.8    -2.5
12               Oilseeds and misc. grains, seeds,
                        fruits, plants, straw and fodder.............   1.126    157.4      167.3    34.5     1.2    -3.2     9.5     6.3

IV         PREPARED FOODSTUFFS, BEVERAGES, AND
                     TOBACCO.........................................   2.292    120.5      120.3     6.6     0.1    -0.1     0.0    -0.2
21               Miscellaneous edible preparations...................   0.420    111.1      112.3     3.5    -0.1     0.0    -0.5     1.1
23               Residues and waste from the food
                        industries; prepared animal feed.............   0.485    143.1      144.2    15.0    -0.4    -0.6     0.8     0.8

V          MINERAL PRODUCTS..........................................   4.426    243.3      243.5     3.2     4.5     0.4     0.7     0.1
27               Mineral fuels, oils and residuals,
                        bituminous substances and mineral wax........   3.690    230.3      230.7     4.0     6.2    -0.6     0.8     0.2

VI         PRODUCTS OF THE CHEMICAL OR ALLIED
                     INDUSTRIES......................................  11.733    128.9      129.6     4.6     0.6     1.3     0.5     0.5
28               Inorganic chemicals.................................   1.130    153.9      158.9     1.7    -0.6    -0.1     1.6     3.2
29               Organic chemicals...................................   3.831    147.6      146.9     5.1     1.2     3.5     0.4    -0.5
30               Pharmaceutical products.............................   2.495    114.0      114.7     4.8     0.1     0.8     0.4     0.6
32               Tanning or dyeing extracts, dyes,
                        paints, varnish, putty, & inks...............   0.594    114.3      115.2     5.3    -0.1    -0.3     0.9     0.8
33               Essential oils and resinoids;
                        perfumery, cosmetic or toilet................   0.679    117.0      117.7     2.7    -0.1     0.8     0.1     0.6
34               Soap; lubricants; waxes, polishing or
                        scouring products; candles, pastes...........   0.407    111.6      112.1     2.3    -0.3     0.9     0.6     0.4
38               Miscellaneous chemical products.....................   1.672    119.8      121.0     8.2     0.3    -0.1     0.3     1.0

VII        PLASTICS AND ARTICLES THEREOF; RUBBER
                     AND ARTICLES THEREOF............................   5.452    131.2      131.4     1.5     0.6     0.8     0.3     0.2
39               Plastics and articles thereof.......................   4.369    127.1      127.4     1.0     0.6     1.0     0.2     0.2
40               Rubber and articles thereof.........................   1.083    148.2      148.4     3.8     1.0     0.1     0.1     0.1

VIII       RAW HIDES, SKINS, LEATHER, FURSKINS,
                     TRAVEL GOODS, ETC...............................   0.481    124.0      120.9     3.6    -0.3    -0.3    -0.4    -2.5

IX         WOOD, WOOD CHARCOAL, CORK, STRAW,
                     BASKETWARE AND WICKERWORK.......................   0.732    113.5      112.8     4.6     0.2    -0.1     0.5    -0.6

X          WOODPULP, RECOVERED PAPER, AND
                 PAPER PRODUCTS......................................   2.686    110.7      112.2     5.5     0.1     0.1     0.6     1.4
47               Woodpulp and recovered paper........................   0.662    112.7      117.1    18.6    -2.4    -1.5     2.2     3.9
48               Paper and paperboard; articles of paper
                        pulp, paper or paperboard....................   1.441    108.2      108.6     2.2     0.7     0.3    -0.3     0.4
49               Printed material....................................   0.583    118.3      119.3     0.8     1.8     1.2     1.4     0.8

XI         TEXTILE AND TEXTILE ARTICLES..............................   2.417    102.0      104.2     2.8    -0.3    -1.4     1.1     2.2
52               Cotton, including yarns and woven fabrics thereof...   0.647     92.7       99.8     8.2    -0.8    -3.7     2.8     7.7

XIII       STONE, PLASTER, CEMENT, ASBESTOS,
                 CERAMICS, GLASS ETC.................................   0.811    110.0      109.7     5.5     0.9     0.6     0.8    -0.3
70               Glass and glassware.................................   0.436     98.5       99.1     4.1     1.0     0.8     0.8     0.6

XIV        PEARLS, STONES, PRECIOUS METALS,
                 IMITATION JEWELRY, AND COINS........................   3.558    162.9      162.4    20.3    -0.2    -5.0    -0.1    -0.3

XV         BASE METALS AND ARTICLES OF BASE METALS...................   6.145    169.7      166.2     7.3     1.5     2.2     0.5    -2.1
72               Iron and steel......................................   1.619    209.5      198.5    12.6     4.1     3.1     1.8    -5.3
73               Articles of iron or steel...........................   1.469    149.8      150.1     9.1     0.0     3.7     0.0     0.2
74               Copper and articles thereof.........................   0.685    243.9      244.8     1.5     3.1     1.0     0.6     0.4
76               Aluminum and articles thereof.......................   1.051    149.5      146.6     4.9     0.1     1.4    -0.8    -1.9
82               Tools, implements, cutlery, spoons and
                        forks, of base metal; parts thereof..........   0.405    114.6      116.0     4.2     0.5     0.0     0.0     1.2
83               Miscellaneous articles of base metal................   0.405    127.6      127.9     1.9     0.5     0.2     0.2     0.2

XVI        MACHINERY, ELECTRICAL EQUIPMENT, TV
                 IMAGE AND SOUND RECORDERS, PARTS, ETC...............  31.763     94.3       94.4     0.6     0.2     0.1     0.0     0.1
84               Machinery and mechanical appliances; parts thereof..  18.202    102.7      102.8     1.0     0.0     0.2     0.1     0.1
85               Electrical machinery and equipment
                        and parts and accessories thereof............  13.561     85.1       85.2     0.2     0.4     0.0    -0.1     0.1

XVII       VEHICLES, AIRCRAFT, VESSELS AND
                 ASSOCIATED TRANSPORT EQUIPMENT......................  13.747    113.8      114.0     2.1     0.0     0.2     0.3     0.2
87               Motor vehicles and their parts......................   8.844    105.7      105.8     1.0     0.1     0.1     0.1     0.1

XVIII      OPTICAL, PHOTO, MEASURING, MEDICAL &
                 MUSICAL INSTRUMENTS; & TIMEPIECES...................   6.169    103.4      103.6     1.4    -0.1     0.1     0.0     0.2

XX         MISCELLANEOUS MANUFACTURED ARTICLES.......................   1.445    104.6      104.8     3.4     1.6     0.0     0.0     0.2
94               Furniture; stuffed furnishings;
                        lamps and lighting fittings nesoi;...........   0.794    113.0      113.5     5.6     0.2     0.0    -0.1     0.4
95               Toys, games and sports equipment; parts
                        and accessories thereof......................   0.486     89.6       89.6    -5.0     3.2     0.0     0.0     0.0


     1   Relative importance figures are based on 2005 trade values.
     2   Product categories included in this group have been modified due to concordance or coverage limitations.

     NOTES:   Data may be revised in each of the three months after original publication.
              n.a.  Not available



Table 7   U.S. Import Price Indexes and Percent Changes by Locality of Origin
              July 2006-July 2007                   2000=100, unless otherwise noted
                                                                          Index                      Percent Change

                                                                                        Annual            Monthly
                                                        Percentage                       July     March    April     May      June
                        Description                        of                            2006      2007     2007     2007     2007
                                                          U.S.     June       July        to        to       to       to       to
                                                        Imports    2007       2007       July     April     May      June     July
                                                           1/                            2007      2007     2007     2007     2007

 2/ Industrialized Countries............................ 44.813   120.2      120.7        3.1       0.0      0.9      1.0      0.4
         Nonmanufactured Articles.......................  4.582   202.4      204.7        5.5       1.7      2.8      4.3      1.1
         Manufactured Articles.......................... 39.766   113.8      114.2        2.7      -0.3      0.8      0.6      0.4

 3/ Other Countries..................................... 55.204   117.6      120.3        2.6       1.6      1.3      1.0      2.3
         Nonmanufactured Articles....................... 11.023   217.5      234.4        4.3       6.7      2.6      3.3      7.8
         Manufactured Articles.......................... 43.982   103.6      104.2        2.3       0.3      0.9      0.4      0.6

    Canada.............................................. 17.052   135.6      136.0        3.7       1.5      1.1      1.5      0.3
         Nonmanufactured Articles.......................  3.871   200.6      201.0        3.9       0.8      2.6      3.3      0.2
         Manufactured Articles.......................... 12.851   123.7      124.1        3.7       1.8      0.7      1.0      0.3

 4/ European Union...................................... 17.908   122.3      121.8        1.1      -0.1      0.7      0.2     -0.4
         Nonmanufactured Articles.......................  0.389   224.2      239.8        2.9       4.5      4.2      0.3      7.0
         Manufactured Articles.......................... 17.406   120.1      119.4        1.1      -0.2      0.5      0.2     -0.6

    France (Dec. 2003=100)..............................  1.888   107.4      109.2        5.2       0.0      1.4     -1.5      1.7

    Germany (Dec. 2003=100).............................  5.008   107.7      108.1        3.4       0.5      0.4      0.3      0.4

    United Kingdom (Dec. 2003=100)......................  2.845   119.5      121.3        1.5       0.9      0.9     -0.1      1.5

 5/ Latin America....................................... 17.619   145.4      150.7        3.5       2.2      2.1      0.9      3.6
         Nonmanufactured Articles.......................  4.822   221.4      242.1        6.4       6.4      1.8      2.5      9.3
         Manufactured Articles.......................... 12.721   131.2      132.8        2.2       0.5      2.3      0.2      1.2

    Mexico (Dec. 2003=100).............................. 10.163   125.6      127.7        4.7       2.2      0.7      1.5      1.7

 6/ Pacific Rim (Dec. 2003=100)......................... 33.452    98.6       99.0        0.2       0.0      0.1      0.3      0.4

    China (Dec. 2003=100)............................... 14.941    98.0       98.4        0.9       0.0      0.3      0.3      0.4

    Japan...............................................  8.308    94.0       93.8       -0.7       0.0      0.0      0.1     -0.2

 7/ Asian NICs..........................................  6.124    88.5       88.8       -1.0      -0.5     -0.1      0.3      0.3

 8/ ASEAN (Dec. 2003=100)...............................  5.993    96.1       97.1       -2.8      -1.0      0.2      0.2      1.0

 9/ Asia Near East (Dec. 2003=100)......................  3.765   188.7      198.4        2.4       2.8      3.5      2.4      5.1


1   Percentage of trade figures are based on 2005 trade values.
2   Includes Western Europe, Canada, Japan, Australia, New Zealand and South Africa.
3   Includes Eastern Europe, Latin America, OPEC countries, and other countries in Asia, Africa and the Western Hemisphere.
4   Includes European Union countries.
5   Includes Mexico, Central America, South America and the Caribbean.
6   Includes China, Japan, Australia, Brunei, Indonesia, Macao, Malaysia, New Zealand, Papua New Guinea, Philippines, and Asian Newly Industrialized Countries.
7   Asian Newly Industrialized Countries. Includes Hong Kong, Singapore, South Korea and Taiwan.
8   Association of Southeast Asian Nations. Includes Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam.
9   Includes Bahrain, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, Syria, United Arab Emirates and Yemen.

    NOTES:  Data may be revised in each of the three months after original publication.
            Regions are not mutually exclusive.
            n.a.  Not available




Table 8        U.S. International Price Indexes and Percent Changes for Selected Transportation Services
                    July 2006-July 2007                   2000=100, unless otherwise noted
                                                                           Index                    Percent Change
                                                        Relative
                                                         Import-                       Annual            Monthly
                                                          ance                          July     March    April     May      June
                        Description                                                     2006      2007     2007     2007     2007
                                                          June      June      July        to       to       to       to       to
                                                          2007      2007      2007      July     April     May      June     July
                                                           1/                           2007      2007     2007     2007     2007

    AIR FREIGHT
      Import Air Freight................................ 100.000    132.3     132.3      -0.8      0.3      1.1     -0.2      0.0
           Europe (Dec. 2003=100).......................  28.202    132.1     132.0       1.5     -1.0      3.1      0.0     -0.1
           Asia.........................................  60.878    114.6     114.6      -2.5      0.9      0.2     -0.3      0.0

      Export Air Freight................................ 100.000    117.0     117.7       1.8      0.3      0.2     -0.4      0.6
           Europe (Dec. 2006=100).......................  38.994    100.4     101.0      n.a.     -0.5      0.2     -0.5      0.6

      Inbound Air Freight............................... 100.000    127.3     127.3      -0.6      0.2      0.6     -0.2      0.0
           Europe (Dec. 2003=100).......................  30.144    127.4     127.1       2.0     -0.7      2.3     -0.1     -0.2
           Asia.........................................  57.030    108.9     108.8      -2.4      0.7     -0.5     -0.4     -0.1

      Outbound Air Freight.............................. 100.000    114.3     114.8      -1.5      0.8      1.0      0.0      0.4
           Europe (Dec. 2003=100).......................  42.043    129.5     130.3      -1.4      0.9      0.9      0.4      0.6
           Asia.........................................  40.506    104.2     104.5      -4.5      0.6      1.1     -0.4      0.3

    AIR PASSENGER FARES
      Import Air Passenger Fares........................ 100.000    144.6     149.4       7.2      3.5      0.2     13.4      3.3
           Europe.......................................  46.500    153.9     154.3      15.5      8.8      1.2     17.9      0.3
           Asia.........................................  25.518    135.5     143.3       3.9      1.9      0.6     16.7      5.8
           Latin America/Caribbean......................  11.109    116.0     122.5      -0.1     -7.8      1.2      0.4      5.6

      Export Air Passenger Fares........................ 100.000    147.3     154.7       5.6      2.6      3.9     -1.5      5.0
           Europe.......................................  31.341    180.1     196.8       6.3      8.3      1.3     -0.4      9.3
           Asia.........................................  31.040    116.7     119.5       2.8     -0.1     11.2     -4.3      2.4
           Latin America/Caribbean......................  20.545    163.9     169.7       7.2     -0.6     -1.8     -0.1      3.5

      Inbound Air Passenger Fares (Dec. 2003=100)....... 100.000    127.2     136.9       6.5      3.4      3.9     -0.9      7.6
           Europe (Dec. 2003=100).......................  39.534    130.9     146.8       7.4      9.5      1.2      0.2     12.1
           Asia (Dec. 2003=100).........................  29.071    112.6     116.0       2.5     -1.1     11.0     -3.9      3.0
           Latin America/Caribbean (Dec. 2003=100)......  13.005    124.4     130.5       5.6     -2.1     -1.8      0.2      4.9
           Canada (Dec. 2003=100).......................   8.087    172.1     175.3       7.7      0.0      4.1      3.6      1.9

      Outbound Air Passenger Fares (Dec. 2003=100)...... 100.000    136.9     140.3       7.1      3.5      0.6     10.1      2.5
           Europe (Dec. 2003=100).......................  42.784    157.3     158.2      13.3      8.6      1.1     16.7      0.6
           Asia (Dec. 2003=100).........................  22.898    125.4     131.3       5.2      2.3      2.9     11.2      4.7
           Latin America/Caribbean (Dec. 2003=100)......  19.897    111.6     113.6       0.8     -2.5      0.0     -0.2      1.8
           Canada (Dec. 2003=100).......................   5.946    167.4     168.4       6.4     -1.8     -1.2      2.6      0.6

    CRUDE OIL TANKER FREIGHT
 2/   Inbound Crude Oil Tanker Freight.................. 100.000     n.a.      n.a.      n.a.     -1.0      4.2     n.a.     n.a.

    OCEAN LINER FREIGHT
      Inbound Ocean Liner Freight....................... 100.000    112.5     112.5      -0.2      0.2      0.3     -0.5      0.0
           U.S. East Coast..............................  56.501    117.3     117.0      -1.0      0.1      0.6      0.1     -0.3
                 From Atlantic..........................  24.501    115.0     114.9      -4.5      0.7      0.0      0.0     -0.1
                 From Pacific...........................  23.364    122.7     122.2       1.9     -0.5      1.4      0.1     -0.4
           U.S. West Coast..............................  43.499    109.9     110.3       0.5      0.1      0.0     -1.3      0.4


    1   Relative importance figures are based on 2005 trade values.
    2   Publication of the Crude Oil Tanker Freight Indexes is lagged two months, as are the relative importance figures.

    NOTES:  Data may be revised in each of the three months after original publication.
            n.a.  Not available



Table 9       U.S. Export Price Indexes and Percent Changes for Travel and Tourism Services                                                                                                 
                   June 2006-June 2007          December 2006=100, unless otherwise noted
                                                           Index                      Percent Change
                                         Relative
                                          Import-                        Annual             Monthly
                                           ance                           June     Feb.      March     April     May
                Description                                               2006     2007      2007      2007     2007
                                            May      May       June         to      to        to        to       to
                                           2007     2007       2007       June     March     April      May     June
                                            1/                            2007     2007      2007      2007     2007

   Export Travel and Tourism............. 100.000   105.3      105.1       n.a.      2.2       0.2       0.0     -0.2
        From Europe......................  39.735   106.1      105.5       n.a.      2.1       0.6      -0.3     -0.6
        From Asia........................  31.844   104.0      104.6       n.a.      2.9       0.0       0.7      0.6
        From Latin America/Caribbean.....  15.340   105.1      104.9       n.a.      1.5      -0.5      -0.5     -0.2
        From Canada......................   8.724   105.8      104.9       n.a.      1.6       0.7      -1.8     -0.9


   1   Relative importance figures are based on 2005 trade values.

   NOTES:  Data may be revised in each of the three months after original publication.
           n.a.  Not available

   Table 10       U.S. Export Price Indexes and Percent Changes for Postsecondary Education Services                                                                                                  
                       Academic Year 2001/02 to 2006/07        Academic Year 2001/02 = 100, unless otherwise noted

                                                 Relative              Index                   Annual Percent Change
                                                 Import-
                                                   ance             Academic Year                  Academic Years

                    Description                  Academic                         2001/02  2002/03    2003/04    2004/05  2005/06
                                                   Year    2005/06     2006/07       to       to         to         to       to
                                                 2005/06                          2002/03  2003/04    2004/05    2005/06  2006/07
                                                    1/

   EXPORT POSTSECONDARY EDUCATION
        Tuition & Fees and Room & Board......... 100.000    128.8       135.1        6.5      7.5        7.0        5.1      4.9
           Graduate.............................  53.006    128.5       134.6        6.4      7.4        7.0        5.1      4.7
           Undergraduate........................  46.994    129.0       135.7        6.6      7.7        6.8        5.2      5.2

           Private..............................  47.874    123.0       129.4        5.2      5.7        5.1        5.2      5.2
           Public...............................  52.126    134.2       140.5        7.8      9.2        8.6        5.0      4.7

           Tuition & Fees.......................  73.181    131.6       138.2        7.1      8.4        7.8        5.2      5.0
                Graduate Tuition & Fees.........  38.417    131.4       137.7        7.0      8.3        7.8        5.2      4.8
                Undergraduate Tuition & Fees....  34.764    131.7       138.8        7.2      8.6        7.6        5.2      5.4

                Private Tuition & Fees..........  35.497    124.3       131.2        5.6      6.1        5.3        5.4      5.6
                Public Tuition & Fees...........  37.686    138.7       145.1        8.7     10.7        9.8        5.0      4.6

           Room & Board.........................  26.819    121.5       127.1        5.0      5.1        4.9        4.9      4.6
                Graduate Room & Board...........  14.589    121.3       127.1        5.0      5.1        5.0        4.7      4.8
                Undergraduate Room & Board......  12.230    121.7       127.2        5.0      5.1        4.9        5.1      4.5

                Private Room & Board............  12.377    119.1       124.3        4.2      4.8        4.5        4.4      4.4
                Public  Room & Board............  14.440    123.6       129.5        5.7      5.5        5.2        5.4      4.8


   1   Relative importance figures are based on 2005/06 academic year trade values.


	
                                        
						TECHNICAL NOTE


Import and Export Merchandise and Services Price Indexes -- All indexes use a modified Laspeyres formula and 
are not seasonally adjusted.  Price indexes for merchandise goods are reweighted annually, with a two-year lag 
in the weights.  Published series use a base year of 2000=100 where possible.  More detailed index series and 
additional information may be obtained at http://www.bls.gov/mxp, or by calling (202) 691-7101.

Merchandise Goods Classification Systems -- The merchandise price indexes are published using three 
classification systems.  Items are classified, respectively, by end use for the Bureau of Economic Analysis 
System, industry for the North American Industry Classification System (NAICS), and product category for the 
Harmonized System (HS).  While classification by end use and product category are self-explanatory, a couple 
of notes are in order for classifying items by industry.  In the NAICS tables, for both imports and exports, 
items are classified by output industry, not input industry.  As an example, NAICS import index 326 (plastics 
and rubber products) would include outputs such as manufactured plastic rather than inputs such as petroleum.  
The NAICS classification structure also matches the classification system used by the PPI to produce the NAICS 
primary products indexes.

Import Price Indexes -- Products have been classified by the Harmonized Tariff Schedule of the United States 
Annotated (TSUSA).  Import prices are based on U.S. dollar prices paid by the U.S. importer.  The prices are 
generally either "free on board" (f.o.b.) foreign port or "cost, insurance, and freight" (c.i.f.) U.S. port 
transaction prices, depending on the practices of the individual industry.  The index for crude petroleum is 
calculated from data collected by the U.S. Department of Energy.  

Export Price Indexes -- Products have been classified by the Harmonized Schedule B classification system of 
the U.S. Bureau of the Census.  The prices used are generally either "free alongside ship" (f.a.s.) factory or 
"free on board" (f.o.b.) transaction prices, depending on the practices of the individual industry.  Prices 
used in the grain index, excluding rice, are obtained from the U.S. Department of Agriculture.

Services Price Indexes -- Price indexes for internationally traded services are presented using two 
definitions: Balance of Payments (which represent transactions between U.S. and foreign residents) and 
International (which represent transactions inbound to and outbound from the U.S.).  The Air Passenger Fares 
Indexes are calculated from data collected from a commercial airline reservation system.  These data exclude 
frequent flyer tickets and those sold by consolidators.  The Crude Oil Tanker Freight Indexes are calculated 
from data collected by the U. S. Department of Energy, and the publication of these indexes is lagged two 
months.  The Air Freight and Ocean Liner Freight Indexes are calculated from data collected directly from 
companies.  The Export Travel and Tourism Indexes are calculated from a subset of BLS Consumer Price Index 
data, and the publication of these indexes is lagged one month.  The indexes are published by the country of
residence of those traveling to the United States.  Post-secondary Education Indexes are calculated from
preliminary data collected by the U.S. Department of Education, and are calculated annually.  Export post-
secondary education refers to receipts from foreign students studying at U.S. institutions, including colleges,
universities, and technical/professional schools.  Fact sheets specifying detailed information for each 
services industry are available at http://www.bls.gov/mxp under "Publications and Other Documentation."   

Import Indexes by Locality of Origin -- Prices used in these indexes are a subset of the data collected for 
the Import Price Indexes.  Beginning with January 2002, the indexes are defined by locality of origin using a 
nomenclature based upon the North American Industry Classification System (NAICS).  Nonmanufactured goods are 
defined as NAICS 11 and 21, and manufactured goods are defined as NAICS 31-33.  

Revision Policy -- To reflect the availability of late reports and corrections by respondents, monthly data 
may be revised in each of the three months after original publication.  After three months, no further data 
revisions take place.  So, for example, data released in the January release will be subject to revision in the 
releases for February, March, and April.

Uses of the Data -- The primary use of the indexes is to deflate trade statistics, notably the foreign trade 
sector of the National Income and Product Accounts constructed by the Department of Commerce.  Other published 
indexes are useful for general market analysis.  For trade in international services, Balance of Payments indexes 
are used for deflating National Income and Product Accounts, while International indexes are more appropriate for 
market analysis.  Merchandise and services indexes also can be used to study U.S. competitiveness and price 
elasticities, and the merchandise import indexes by country or region of origin are useful for terms of trade 
analysis.

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