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U.S. Import Price Index up 0.2% in July
U.S. import prices increased 0.2 percent in July, the U.S. Bureau of Labor Statistics reported today, following declines in each of the two previous months. The advance was led by higher fuel prices, which more than offset a second consecutive drop in nonfuel prices. In contrast, export prices decreased in July, falling 0.2 percent after falling 0.7 percent in June.
Posted: August 12, 2010 Thursday 08:30 AM