Posts Tagged “lweak”

US import prices unexpectedly rise, but trend remains weak

By |

US import prices unexpectedly rise, but trend remains weak

U.S. import prices unexpectedly rose in July, but the underlying trend remained weak, pointing to subdued imported inflation. The Labor Department said on Wednesday import prices increased 0.2% last month as a rebound in the cost of petroleum products offset declines in prices for capital goods and motor vehicles. Data for June was revised down…

Read more »