Reply #30: more info:

[UpInArms]

http://www.marketwatch.com/news/story/US-October-import-prices-fall/story.aspx?guid=%7BE14CDC3A%2DB777%2D4C35%2D8D32%2D6BCC26047FFA%7D

WASHINGTON (MarketWatch) - Prices of imported goods fell the most in two decades - the third consecutive month of declines -- as petroleum prices plunged, the Labor Department reported Friday.

The 4.7% decline in the import price index is the largest since the monthly data started in 1988. Analysts surveyed by MarketWatch were looking for a decline of 4.8%. See Economic Calendar.

Import prices fell 3.3% in September, revised from a prior estimate of a 3% dip.

In October, imported petroleum prices fell 16.7% -- the largest one-month decline since April 2003. Excluding petroleum, import prices fell 0.9%. Over the three months ended in October, ex-petroleum prices fell 2.2% -- the largest quarterly decline since the index was first published in 1985.

Meanwhile, natural gas prices fell 4.9% in October.

Excluding all fuels, import prices fell 0.8% in October, the largest one-month decline since the index was first published in December 2001.

Overall import prices were up 6.7% over the past 12 months.

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