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12.09.2014 14:46:36
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U.S. Import Prices Show Notable Decrease In August
(RTTNews) - Reflecting a steep drop in prices for imported fuel, the Labor Department released a report on Friday showing a notable decrease in U.S. import prices in the month of August.
The report said import prices fell by 0.9 percent in August following a revised 0.3 percent drop in July. Economists had expected import prices to decrease by about 1.0 percent.
Additionally, the Labor Department said export prices slid by 0.5 percent in August after inching up by a revised 0.1 percent in the previous month. Export prices were expected to dip by 0.2 percent.
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