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U.S. Import Price Index declined 1.8% in August
U.S. import prices declined 1.8 percent in August following a 0.9 percent drop the previous month, the U.S. Bureau of Labor Statistics reported today. The August decrease was primarily driven by lower fuel prices, although falling nonfuel prices contributed to the decline as well. Prices for U.S. exports also fell in August, decreasing 1.4 percent, after a 0.4-percent decline in July.
Posted: September 10, 2015 Thursday 08:30 AM