The US Bureau of Labor Statistics reported in its US Import and Export Price Indexes, June 2026, that US import prices increased 0.3% in June following a 1.7% rise in May. The increase was driven by higher prices for nonfuel imports, which more than offset a decline in fuel import prices. Import prices rose 7.1% over the past year, marking the largest 12-month increase since August 2022.
Monthly Price Change (%)
| Category | June 2026 |
|---|---|
| All Import Prices | ▲ 0.3% |
| Nonfuel Imports | ▲ 0.4% |
| Fuel Imports | ▼ 0.4% |
| Petroleum Imports | ▼ 0.7% |
| Natural Gas Imports | ▲ 9.2% |
| All Export Prices | ▼ 0.6% |
Nonfuel import prices increased 0.4% in June, led by higher costs for industrial supplies and materials, capital goods, and consumer goods. Fuel import prices declined 0.4% as lower petroleum prices offset higher natural gas prices. Meanwhile, US export prices decreased 0.6% in June after rising 1.2% in May, reflecting weaker prices for goods sold to foreign markets.
