RSS U.S. Import Prices Inch Up In Line With Estimates In December

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 RSS U.S. Import Prices Inch Up In Line With Estimates In December

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The Labor Department published a report on Thursday, subsequent to a widely anticipated analysis of consumer price inflation from the previous day. The report details that, in December, import prices in the U.S. rose modestly, aligning with forecasts. Specifically, import prices increased by 0.1 percent in December, consistent with the slight gains observed in both November and October, and meeting analyst expectations.

In contrast, the report highlighted that export prices experienced a 0.3 percent increase in December, following a stagnant November. This rise surpassed the anticipated 0.2 percent growth.

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