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U.S. Import Price Index advanced 0.5% in April
The price index for U.S. imports advanced 0.5 percent in April, the U.S. Bureau of Labor Statistics reported today, after ticking up 0.1 percent the previous month. Higher fuel prices and nonfuel prices each contributed to the increase in April. U.S. export prices rose 0.2 percent in April following a 0.1-percent advance in March. Prices for U.S. exports have not recorded a monthly decline since the index fell 0.8 percent in August 2016.
Posted: May 10, 2017 Wednesday 08:30 AM