Rising export and import prices in 1987 reversed the trend of recent years.

From: Monthly Labor Review | Date: June 1, 1988| Author: | Copyright information

Robert Blanchfield and William Marsteller are economists in the Division of International Prices, Bureau of Labor Statistics. Susan Chen, an economist in the same division, prepared the charts.

The falling value of the dollar played a large role in export and import price increases; exports were also affected by rising commodity price and imports, by rising fuel prices

In 1987, both U.S. export and import prices broke the downward trend of recent years. Export prices rose 6.9 percent, the first increase recorded in the all-export price index which was begun in 1983. ...

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