The Import Price Index measures the monthly change in the prices of goods and services purchased from abroad by U.S. residents. This indicator is a primary source of 'imported inflation,' as higher costs for foreign goods can lead to higher prices for domestic consumers and businesses. It is sensitive to fluctuations in global commodity prices, particularly oil, and changes in the value of the U.S. dollar. Economists use this data to gauge the impact of international trade on domestic inflation levels.
The BLS collects price data for thousands of imported products each month. The index is weighted based on the value of imports in different categories and is adjusted to exclude duties and taxes.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Aug 28, 2026 | 0.20 | 0.20 | 0.00 |
| Jul 29, 2026 | -0.70 | -0.70 | 0.00 |
| Jun 30, 2026 | 0.70 | 0.60 | +0.10 |
| May 29, 2026 | 1.20 | 1.10 | +0.10 |
| Apr 30, 2026 | 3.60 | 3.00 | +0.60 |
| Mar 31, 2026 | 0.30 | 0.20 | +0.10 |
| Feb 27, 2026 | 1.10 | 0.60 | +0.50 |
| Jan 30, 2026 | -0.10 | -0.40 | +0.30 |
| Dec 23, 2025 | 0.50 | 0.10 | +0.40 |
| Nov 28, 2025 | 0.20 | 0.40 | -0.20 |
| Oct 31, 2025 | 0.20 | -0.20 | +0.40 |
| Sep 30, 2025 | -0.50 | -0.20 | -0.30 |
| Aug 29, 2025 | -0.40 | -0.30 | -0.10 |
| Jul 31, 2025 | 0.00 | -0.20 | +0.20 |
| Jun 30, 2025 | -0.70 | -0.40 | -0.30 |
| May 28, 2025 | -1.70 | -1.40 | -0.30 |
| Apr 30, 2025 | -1.00 | -0.70 | -0.30 |
| Mar 31, 2025 | 0.30 | -0.10 | +0.40 |
| Feb 28, 2025 | 1.10 | 0.70 | +0.40 |
| Jan 30, 2025 | 0.40 | 0.30 | +0.10 |
| Dec 23, 2024 | 0.90 | 0.30 | +0.60 |
| Nov 29, 2024 | 0.60 | 0.10 | +0.50 |
| Oct 31, 2024 | -0.40 | -0.40 | 0.00 |
| Sep 30, 2024 | -0.40 | -0.30 | -0.10 |
| Aug 30, 2024 | -0.40 | 0.30 | -0.70 |
| Jul 31, 2024 | 0.40 | 0.10 | +0.30 |
| May 31, 2024 | 0.70 | 0.50 | +0.20 |
| Apr 30, 2024 | 0.40 | 0.10 | +0.30 |
| Apr 5, 2024 | -0.20 | -0.10 | -0.10 |
| Jan 31, 2024 | -1.10 | -0.50 | -0.60 |
| Dec 22, 2023 | -0.10 | -0.60 | +0.50 |
| Nov 29, 2023 | 0.30 | -0.10 | +0.40 |
| Oct 31, 2023 | 1.60 | 0.70 | +0.90 |
| Sep 29, 2023 | 0.40 | 0.50 | -0.10 |
| Aug 30, 2023 | -0.60 | 0.00 | -0.60 |
| Jul 31, 2023 | -1.60 | -0.70 | -0.90 |
| Jun 30, 2023 | -1.40 | -1.40 | 0.00 |
| May 31, 2023 | -1.70 | -0.50 | -1.20 |
| Apr 28, 2023 | -1.10 | -0.90 | -0.20 |
| Mar 31, 2023 | -2.40 | -1.00 | -1.40 |
| Feb 28, 2023 | -1.20 | -1.50 | +0.30 |
| Jan 31, 2023 | -1.60 | -2.60 | +1.00 |
| Jan 4, 2023 | -4.50 | -1.60 | -2.90 |
| Dec 2, 2022 | -1.20 | -1.70 | +0.50 |
| Nov 1, 2022 | -0.90 | 0.60 | -1.50 |
| Oct 7, 2022 | 4.30 | 2.00 | +2.30 |
| Aug 31, 2022 | 1.40 | 1.50 | -0.10 |
| Jul 29, 2022 | 1.00 | 0.80 | +0.20 |
| Jun 30, 2022 | 0.90 | 1.60 | -0.70 |
| May 30, 2022 | 1.80 | 2.00 | -0.20 |
