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Bureau of Labor Statistics Releases March Import-Export Price IndexUSGNN Original Story

The U.S. Import Price Index increased 2.8 percent in March, the Bureau of Labor Statistics of the Department of Labor has reported. The rise followed 0.2 percent and 1.5 percent increases in February and January. Export prices rose 1.5 percent in March, after advancing 1.1 percent and 1.2 percent for the prior two months.

The report showed a 0.3-percent change for glass imports in the last month, and a 3.4 percent change since this time last year. For exports, glass has seen only a 0.4-percent change since February, and a 4.0-percent increase since March 2007.

CLICK HERE to read about the import-export price index for February.

U.S. Import Prices Indexes and Percent Changes for March

Description
Relative Importance
Index
Annual % Change
Monthly % Change
Feb. '08
Feb. '08
Mar. '08
Mar. '07 - Mar. '08
Nov. '07 - Dec. '07
Dec. '07 - Jan. '08
Jan. '08 - Feb. '08
Feb. '08 - Mar. '08
Stone, plaster, cement, asbestos, ceramics, glass etc. 0.938 113.9 115.0 5.0 0.4 0.2 0.8 0.2
Ceramic products 0.304 121.1 124.4 8.6 0.1 0.4 2.1 0.2
Glass and glassware* 0.302 113.5 113.4 3.4 0.5 0.1 -0.1 0.3
Primary metal manufacturing 5.487 154.7 157.4 20.5 0.4 -1.1 4.5 8.2
Fabricated metal product manufacturing 2.528 114.1 114.7 7.5 0.5 2.0 0.3 0.5
Base metals and articles of base metals 6.557 174.7 182.1 11.0 -0.5 0.2 1.8 4.2
Iron and steel 1.908 226.6 228.4 23.0 1.2 4.3 3.4 5.2
Articles of iron or steel 1.591 139.6 143.0 12.6 0.8 3.6 0.6 2.4
Copper and articles thereof 0.787 283.3 307.6 29.1 -6.2 -8.9 5.3 8.6
Aluminum and articles thereof 0.950 141.4 149.6 2.4 1.3 -0.4 0.7 5.8
Miscellaneous articles of base metal 0.440 126.5 127.1 1.2 0.5 -0.2 -0.1 0.5

U.S. Export Prices Indexes and Percent Changes for March

Description
Relative Importance
Index
Annual % Change
Monthly % Change
Feb. '08
Feb. '08
Mar. '08
Mar. '07 - Mar. '08
Nov. '07 - Dec. '07
Dec. '07 - Jan. '08
Jan. '08 - Feb. '08
Feb. '08 - Mar. '08
Stone, plaster, cement, asbestos, ceramics, glass etc. 0.802 111.6 111.7 3.9 0.4 0.4 0.0 0.1
Glass and glassware* 0.432 99.3 99.7 4.0 0.1 0.1 -0.1 0.4
Primary metal manufacturing 4.551 137.7 147.7 21.0 1.3 0.6 5.1 7.3
Fabricated metal product manufacturing 2.672 114.7 114.4 4.6 0.4 1.1 0.3 -0.3
Base metals and articles of base metals 5.732 169.7 175.5 7.8 0.1 1.2 3.0 3.8
Iron and steel 1.487 218.0 231.1 20.6 0.7 4.5 6.8 6.0
Articles of iron or steel 1.393 150.0 150.8 4.4 -0.1 1.3 0.5 0.5
Copper and articles thereof 0.672 246.7 264.3 13.5 -2.5 -1.7 7.4 7.1
Aluminum and articles thereof 0.955 140.2 150.2 1.1 1.2 -1.7 1.1 7.1
Miscellaneous articles of base metal 0.370 129.5 124.7 -1.4 -0.2 0.2 0.5 -3.7

* The glass and glassware category includes all types of glass products, including flat glass.

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