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U.S. Import Price Index Dropped 2.7% in June
U.S. import prices fell 2.7 percent in June, the U.S. Bureau of Labor Statistics reported today, following a 1.2 percent decrease in May. Lower prices for both fuel and nonfuel imports contributed to the overall decline. U.S. export prices fell 1.7 percent in June after a 0.4 percent drop the previous month.
Posted: July 12, 2012 Thursday 08:30 AM