The Import Price Index measures the change in the price of goods and services purchased from abroad by domestic residents. It is a key indicator of imported inflation, reflecting how global price fluctuations and currency movements affect domestic price levels. When import prices rise, they often pass through to consumers, leading to higher headline inflation. This data is crucial for central banks when assessing the need for interest rate adjustments to maintain price stability.
The index is calculated by the Bureau of Labor Statistics (BLS) using price data collected from a representative sample of importers. It employs a Laspeyres formula to aggregate price changes across various commodity categories, weighted by their share in total imports.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Sep 24, 2026 | — | 7.40 | — |
| Aug 24, 2026 | 7.30 | 6.70 | +0.60 |
| Jul 24, 2026 | 6.50 | 8.00 | -1.50 |
| Jun 24, 2026 | 8.20 | 7.00 | +1.20 |
| May 25, 2026 | 6.70 | 3.60 | +3.10 |
| Apr 24, 2026 | 3.00 | 1.60 | +1.40 |
| Mar 24, 2026 | -2.10 | -2.00 | -0.10 |
| Feb 26, 2026 | -2.40 | -2.00 | -0.40 |
| Jan 23, 2026 | -1.80 | -3.00 | +1.20 |
| Dec 22, 2025 | -2.70 | -2.00 | -0.70 |
| Nov 24, 2025 | -1.70 | -0.40 | -1.30 |
| Oct 24, 2025 | -1.00 | -1.70 | +0.70 |
| Sep 24, 2025 | -1.80 | -2.00 | +0.20 |
| Aug 25, 2025 | -2.60 | -2.70 | +0.10 |
| Jul 24, 2025 | -3.00 | -2.50 | -0.50 |
| Jun 24, 2025 | -3.10 | -4.00 | +0.90 |
| May 26, 2025 | -3.40 | -0.40 | -3.00 |
| Apr 24, 2025 | -1.30 | 0.90 | -2.20 |
| Mar 24, 2025 | -0.40 | -0.20 | -0.20 |
| Feb 26, 2025 | -1.00 | -2.60 | +1.60 |
| Jan 24, 2025 | -2.20 | -0.50 | -1.70 |
| Dec 20, 2024 | -1.70 | -2.10 | +0.40 |
| Nov 25, 2024 | -3.70 | -1.50 | -2.20 |
| Oct 24, 2024 | -4.00 | -2.80 | -1.20 |
| Sep 24, 2024 | -2.20 | — | — |
| Aug 26, 2024 | -0.30 | 0.60 | -0.90 |
| Jul 24, 2024 | -0.40 | 5.70 | -6.10 |
| Jun 24, 2024 | -1.20 | 4.30 | -5.50 |
| May 24, 2024 | -2.10 | -0.10 | -2.00 |
| Apr 24, 2024 | -4.60 | -5.40 | +0.80 |
| Mar 25, 2024 | -5.90 | -3.90 | -2.00 |
| Feb 28, 2024 | -4.70 | -8.20 | +3.50 |
| Jan 24, 2024 | -9.40 | -9.60 | +0.20 |
| Dec 22, 2023 | -9.40 | -7.20 | -2.20 |
| Nov 24, 2023 | -8.40 | -10.00 | +1.60 |
| Oct 24, 2023 | -10.80 | -13.00 | +2.20 |
| Sep 25, 2023 | -13.50 | — | — |
| Aug 24, 2023 | -13.30 | — | — |
| Jul 24, 2023 | -11.90 | — | — |
| Jun 26, 2023 | -9.50 | — | — |
| May 24, 2023 | -3.60 | — | — |
| Apr 24, 2023 | 0.70 | — | — |
| Mar 24, 2023 | 7.60 | — | — |
| Feb 27, 2023 | 8.30 | — | — |
| Jan 24, 2023 | 15.80 | — | — |
| Dec 23, 2022 | 18.50 | — | — |
| Nov 24, 2022 | 21.20 | — | — |
| Oct 24, 2022 | 28.00 | — | — |
| Sep 26, 2022 | 33.10 | — | — |
| Aug 24, 2022 | 32.50 | — | — |
| Jul 25, 2022 | 34.80 | — | — |
