USA: 0.5% increase in import prices in August


(CercleFinance.com) – The Department of Labor announces that import prices in the United States increased by 0.5% in August, after an increase of 0.1% in July (revised figure).

Excluding fuel, import prices fell by 0.1% in August, just like the previous month.

For their part, export prices increased by 1.3% in August, after +0.5% the previous month (revised figure).

Excluding agricultural products, export prices increased by 1.7% in August, after +0.6% the previous month.

In August and in variation over the last 12 months, American import prices showed a decline of 3% in raw data (-0.8% excluding petroleum products), and those for exports contracted by 5. 5% (-5.3% excluding agricultural products).

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