Posts Tagged “US”

US import, export prices up in July

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US import, export prices up in July

U.S. import and export prices both increased in July, the U.S. Department of Labor reported on Wednesday. The price index for U.S. imports rose 0.2 percent in July, after a decrease of 1.1 percent in the previous month. Prior to June, prices for U.S. imports advanced in each of the first 5 months of 2019….

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US import prices unexpectedly rise, but trend remains weak

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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…

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