U.S. Import Prices Down 6.0 Percent From May 2019 to May 2020

Prices for U.S. imports decreased 6.0% from May 2019 to May 2020. Import fuel prices declined 49.6% over the past 12 months. Within the fuel category, prices for petroleum fell for the year ended in May, declining 51.5%. In contrast, natural gas prices increased 15.8% over the same period.

Over the May 2019–May 2020 period, foods, feeds, and beverages prices decreased 1.4%.

These data are from the International Price program. Import and export prices are subject to revision.