U.S. Import Prices Rose Slightly in July Despite Lower Fuel Costs - News Summed Up

U.S. Import Prices Rose Slightly in July Despite Lower Fuel Costs


WASHINGTON—The price of goods shipped to the U.S. from abroad rose in July, a sign firmer inflation may be in the pipeline. From a year earlier, prices were down 3.7%. That was the smallest year-over-year decrease since November 2014. Import prices, measuring costs for everything from German machinery to Middle Eastern oil, increased 0.1% in July from a month earlier, the Labor Department said Thursday. Import prices haven’t...


Source: Wall Street Journal August 11, 2016 12:34 UTC



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