Import prices slipped 0.4% last month, the biggest drop since December 2023, after a revised 0.2% decrease in August.

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 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.

On a year-over-year basis, the index rose 2.4%. 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.

U.S. import prices decreased 0.1% in March following an increase of 0.2% in February, marking the first monthly drop since the index declined 0.4% in September 2024. According to the Bureau of ...

Chinese shipments to the US plummeted 35% in May compared to the year before, according to government data released Monday.

Last month's drop in import prices, which exclude tariffs, was in line with economists' expectations. In the 12 months through September, import prices dipped 0.1%.

US retail sales dropped by the most in nearly two years in January, likely because of frigid temperatures and moderation following hefty gains in the past four months, suggesting a sharp slowdown ...

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. The combined effect of Donald ...

Import prices edged up 0.1% last month after a downwardly revised 0.1% rise in October, the Labor Department's Bureau of Labor Statistics said.

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 ...