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U.S. Import Price Index rose 0.5% in March
The U.S. Import Price Index rose 0.5 percent in March, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. A 10.5 percent increase in import petroleum prices more than offset a 0.7 percent decline in the price index for nonpetroleum imports. In contrast, export prices fell in March, decreasing 0.6 percent.
Posted: April 9, 2009 Thursday 08:30 AM