Import prices slipped 0.4% last month, the biggest drop since December 2023, after a revised 0.2% decrease in August, the Labor Department's Bureau of Labor Statistics said on Wednesday.

In the 12 months through August, import prices increased 0.8 per cent after advancing 1.7 per cent in July. The US central bank is expected to kick off its long-awaited easing cycle next Wednesday ...

Import prices fell 0.3% last month, the largest decline since December 2023, after an unrevised 0.1% gain in July, the Labor Department's Bureau of Labor Statistics said in a separate report.

Import prices slipped 0.4% last month, the biggest drop since December 2023, after a revised 0.2% decrease in August, the Labor Department's Bureau of Labor Statistics said.

Inflation has eased since Trump took office, meaning prices have risen at a slower pace than they had been at the end of the ...

The decline was driven entirely by a sharp drop in prices for services, which fell 0.7% – the largest monthly decrease since records began in 2009.

Oil prices plunged this week as a one-two punch of sweeping U.S. import tariffs and an unexpected OPEC+ supply hike erased $10 per barrel from global benchmarks Type your search and press Enter Home ...

WASHINGTON - U.S. import prices dropped by the most in eight months in August amid lower costs for a broad range of goods, suggesting that domestic inflation will continue to ...

WASHINGTON (Reuters) -U.S. import prices fell by the most in nine months in September amid a sharp decrease in the cost of energy products, pointing to a benign inflation outlook that keeps the ...