U.S. import prices climb more than expected in AprilStaff Writer | May 10, 2017
Import prices in the U.S. rose by more than expected in the month of April, according to a report released by the Labor Department on Wednesday, with the increase partly reflecting a rebound in prices for fuel imports.
America The Labor Department:
Economists had expected import prices to rise by 0.2% compared to the 0.2% drop originally reported for the previous month.
The report also said export prices edged up by 0.2% in April after inching up by a revised 0.1% in March.
Export prices had been expected to creep up by 0.1% compared to the 0.2% increase that had been reported for the previous month. ■