Widget Image
Follow PPD Social Media
Friday, November 22, 2024
HomeNewsEconomyImport Prices Rise Less Than Expected in June

Import Prices Rise Less Than Expected in June

Import-Export-Prices-Cargo-Ship-Reuters
Import-Export-Prices-Cargo-Ship-Reuters

The latest import prices and export prices, including data and reports. (Photo: REUTERS)

The Labor Department said U.S. Import prices in June rose 0.2%, coming in far below the median economic forecast calling for a rise of 0.5%. Export prices rose by 0.8%, though they were expected to increase 0.4%.

In the 12 months through June, import prices fell 4.8 percent, the smallest drop since November 2014.

The latest government report comes after the U.S. trade deficit ballooned more than anticipated the prior month.

Written by

PPD Business, the economy-reporting arm of People's Pundit Daily, is "making sense of current events." We are a no-holds barred, news reporting pundit of, by, and for the people.

No comments

leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

People's Pundit Daily
You have %%pigeonMeterAvailable%% free %%pigeonCopyPage%% remaining this month. Get unlimited access and support reader-funded, independent data journalism.

Start a 14-day free trial now. Pay later!

Start Trial