U.S Import Prices Rise 0.5% In October
Reflecting a substantial increase in fuel prices, the Labor Department released a report today showing a slightly bigger than expected increase in U.S import prices in the month of October.
The import-price index, measuring the cost of goods ranging from Canadian oil to Chinese electronics, rose 0.5% from a month earlier, the Labor Department said earlier today, while economists surveyed expected prices to rise 0.3%.…
