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U.S. import prices rise at fastest pace in 6 1/2 years but not because of tariffs

EURUSD News by Newsroom on 09:12 August 14, 2018 EST


U.S. import prices showed no change in July while export prices unexpectedly fell thethe U.S. Bureau of Labor Statistics said on Tuesday.

The rate of import inflation over the past 12 months, however, climbed to 4.8%. This the highest rate since February 2012. But if fuel is omitted, the increase was a substantially lower 1.3%.




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