U.S. import prices rose 1.1% and export prices climbed 2.2% in September, the U.S. Bureau of Labor Statistics (BLS) reported, with both annual increases at their highest since the 12 months ended July 2022.
September’s monthly advances exceeded August’s, when import prices increased 0.5% and export prices rose 1.2%.
Compared with September 2025, import prices were up 8.1% and export prices gained 11.6% in September 2026. Both annual changes were the largest since the 12 months that ended in July 2022. The annual rates compare September 2026 with September 2025.
Fuel import prices rose 4.8% after two months of declines in July and August; nonfuel import prices increased 0.7%. For exports, agricultural prices rose 2.6%, while those for nonagricultural goods increased 2.1%.
The monthly figures compare September with August; the annual figures compare prices with the same month a year earlier.
