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U.S. Import Price Index declined 1.1% in January
In January, prices for U.S. imports decreased 1.1 percent for the second consecutive month, the U.S. Bureau of Labor Statistics reported today. In both months, the declines were primarily driven by lower fuel prices. U.S. export prices also fell in January, decreasing 0.8 percent. The decline followed a 1.1-percent drop the previous month.
Posted: February 12, 2016 Friday 08:30 AM