News Story

U.S. Import, Export Prices Fall More Than Expected in August

- U.S. import and export prices unexpectedly fell in August, official data showed on Friday.

In a report, the U.S. Bureau of Labor Statistics said the import price index showed a decline of 0.6%

Economists were looking for a decline of 0.2%.

Import prices dropped by a revised 0.1% in July.

Meanwhile, export prices decreased by a seasonally adjusted 0.1% in July.

Analysts had forecast a 0.1% gain.

]]> © Reuters.

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