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Economic News Release
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Table 7 U.S. Import Price Indexes, by Locality of Origin

Table 7. U.S. import price indexes and percent changes by locality of origin: March 2023 to March 2024 [2000=100, unless otherwise noted]
Description Relative
import-
ance
Feb.
2024(1)
Index Percent change
Feb.
2024
Mar.
2024
Annual Monthly
Mar.
2023
to
Mar.
2024
Nov.
2023
to
Dec.
2023
Dec.
2023
to
Jan.
2024
Jan.
2024
to
Feb.
2024
Feb.
2024
to
Mar.
2024

Industrialized Countries(2)

100.000 145.0 145.5 1.0 -1.2 1.0 0.6 0.3

Nonmanufacturing

10.202 237.1 241.6 3.3 -11.1 1.1 4.0 1.9

Manufacturing

89.396 137.4 137.7 1.0 0.1 1.0 0.2 0.2

Canada

100.000 168.0 168.9 -2.0 -3.9 0.5 1.2 0.5

Nonmanufacturing

30.642 231.4 235.7 2.7 -11.8 1.2 4.0 1.9

Manufacturing

68.454 154.5 154.7 -3.7 -0.3 0.1 0.0 0.1

European Union

100.000 158.3 158.5 2.5 0.4 1.3 0.4 0.1

Manufacturing

99.321 153.9 154.1 2.5 0.4 1.3 0.5 0.1

France (Dec. 2003=100)

100.000 157.6 157.6 7.8 0.3 4.4 0.1 0.0

Germany (Dec. 2003=100)

100.000 124.2 124.4 -0.5 0.4 -0.1 0.5 0.2

United Kingdom (Dec. 2003=100)

100.000 137.9 138.5 3.1 -0.1 0.4 0.6 0.4

Latin America(3)

100.000 172.8 174.2 3.1 -0.2 1.1 0.6 0.8

Nonmanufacturing

13.965 344.3 347.7 13.1 -2.9 1.8 2.4 1.0

Manufacturing

85.779 138.8 139.9 1.6 0.2 0.9 0.4 0.8

Mexico (Dec. 2003=100)

100.000 146.8 147.7 4.4 -0.3 1.5 0.3 0.6

Nonmanufacturing (Dec. 2008=100)

9.027 185.8 190.4 28.5 -4.2 8.4 2.4 2.5

Manufacturing (Dec. 2008=100)

90.723 99.6 100.1 2.4 0.1 0.8 0.1 0.5

Pacific Rim (Dec. 2003=100)(4)

100.000 102.1 101.8 -1.7 -0.2 0.0 -0.1 -0.3

China (Dec. 2003=100)

100.000 100.5 100.4 -2.6 -0.1 -0.4 -0.1 -0.1

Japan

100.000 102.5 101.8 1.2 -0.1 1.1 -0.1 -0.7

Taiwan (Dec. 2018=100)

100.000 108.5 108.6 -2.3 0.0 -0.5 0.0 0.1

Asian NICs(5)

100.000 94.2 94.3 -2.5 -0.4 -0.3 -0.2 0.1

ASEAN (Dec. 2003=100)(6)

100.000 100.0 100.0 -3.2 -0.6 0.0 -0.1 0.0

Asia Near East (Dec. 2003=100)(7)

100.000 212.1 216.1 -0.1 -3.3 0.1 1.6 1.9

Footnotes
(1) Relative importance figures are based on 2022 trade values.
(2) Western Europe, Canada, Japan, Australia, New Zealand, and South Africa.
(3) Mexico, Central America, South America, and the Caribbean.
(4) China, Japan, Australia, Brunei, Indonesia, Macao, Malaysia, New Zealand, Papua New Guinea, Philippines, and the Asian Newly Industrialized Countries.
(5) Asian Newly Industrialized Countries - Hong Kong, Singapore, South Korea, and Taiwan.
(6) Association of Southeast Asian Nations - Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam.
(7) 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 3 months after original publication.
Regions are not mutually exclusive.
Dash = Not available

Last Modified Date: April 12, 2024