The Bureau of Labor Statistics released this chart today, showing the fall and rise of import and export price indices from October 2008 to October 2009.

As you can see, prices fell when the recession was in full swing last year, which is great, because when everyone's poorer, falling prices are helpful. Well, were still pretty poor, but here come higher prices roaring back:

BLS: The price index for all imports rose 0.7 percent in October, led by a 1.8 percent increase in fuel prices. The rise followed a 0.2-percent increase in September. The price index for all exports advanced 0.3 percent in October after decreasing 0.2 percent the previous month.



Export prices rose 0.3 percent after falling 0.2 percent in September. Rising nonagricultural prices more than offset a drop in the price index for agricultural exports. Prices of overall exports decreased 3.4 percent for the October 2008–2009 period.