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U.S. Import Price Index Fell 1.3% in June
U.S. import prices declined for the second consecutive month in June, the U.S. Bureau of Labor Statistics reported today, decreasing 1.3 percent. The drop was driven by declining fuel prices, although a downturn in nonfuel prices also contributed to the overall decrease. Export prices also fell in June, edging down 0.2 percent following three consecutive monthly increases.
Posted: July 14, 2010 Wednesday 08:30 AM