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U.S. Import Price Index decreased 6.7% in November
The U.S. Import Price Index fell for the fourth consecutive month, the Bureau of Labor Statistics of the U.S. Department of Labor reported today, decreasing 6.7 percent in November as falling prices for both petroleum and nonpetroleum imports contributed to the decline. Export prices declined 3.2 percent in November, the fourth consecutive monthly decrease.
Posted: December 11, 2008 Thursday 08:30 AM