U.S. Import, Export Prices Fall More Than Expected in August

U.S. Import, Export Prices Fall More Than Expected in August

Sep 14, 2018

U.S. import and export prices unexpectedly fell in August, official data showed on Friday.

In a report, the U.S. Bureau of Labor Statistics said the import price index showed a decline of 0.6%

Economists were looking for a decline of 0.2%.

Import prices dropped by a revised 0.1% in July.

Meanwhile, export prices decreased by a seasonally adjusted 0.1% in July.

Analysts had forecast a 0.1% gain.

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