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Fri Aug 12, 2022, 08:42 AM

BLS Report: U.S. import prices decrease 1.4% in July on lower fuel prices; export prices fall 3.3%

U.S. import prices decrease 1.4% in July on lower fuel prices; export prices fall 3.3%

Prices for U.S. imports decreased 1.4 percent in July, after increasing 0.3 percent in June. Export prices fell 3.3 percent in July following a 0.7-percent rise the previous month. Over the past year, import prices increased 8.8 percent and export prices rose 13.1 percent.

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