Home / Market Update / US Import Prices Rise in November

US Import Prices Rise in November

The price of import prices in the United states rose by 0.1% in November, according to data by the US Department of Labor on Tuesday.

This comes following a decline of an equal value during October.

On an annual basis, import prices decreased by 1%, repeating the reading of the month before.

An increase in petroleum prices by 2.1% was offset by a drop in imported food prices by 2.2%.

Check Also

U.S. Private Payrolls Miss Forecasts at 98K: Cooling Labor Market Adds Complexity Ahead of Friday’s Jobs Report

Key Takeaways ADP misses expectations: Private payrolls rose by 98,000 in June — below the …