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U.S. Import Price Index declined 0.4% in August
U.S. import prices declined 0.4 percent in August, the U.S. Bureau of Labor Statistics reported today, led by a 1.8 percent decrease in fuel prices. The August drop in import prices followed a 0.3 percent rise the previous month. In contrast, prices for U.S. exports rose 0.5 percent after declining 0.4 percent in July.
Posted: September 13, 2011 Tuesday 08:30 AM