U.S. Import Prices Climb More Than Expected On Rebound In Fuel Prices

Reflecting a substantial rebound in fuel prices, the Labor Department released a report on Friday showing a much bigger than expected increase in U.S. import prices in the month of September.

The Labor Department said import prices climbed by 0.5 percent in September after falling by a revised 0.4 percent in August.

Economists had expected import prices to rise by 0.2 percent compared to the 0.6 percent drop originally reported for the previous month…

 

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