U.S. import prices rose 0.4% in February

Wednesday, 14 March 2012 04:09

Official report presented today by U.S. Labor Department showed that country’s import prices improved by 0.4%, which is less than 0.6% expected.

Comparing with February 2011 import prices recorded 5.5% increase after 6.9% reading in January.

Prices of imported goods excluding fuel declined by 0.1%.