Investing.com - U.S. import and export prices rose in April, official data showed on Friday.
In a report, the U.S. Bureau of Labor Statistics said import prices increased by a seasonally adjusted 0.3% last month.
Economists were looking for a 0.5% advance.
Import prices had fallen by 0.2% in March, revised from an initially flat reading.
Year-on-year, import prices increased 3.3% in April, compared to estimates of a 3.9% gain.
That was also lower than the 3.6% increase seen in the previous month.
Meanwhile, export prices increased by a seasonally adjusted 0.6% in April.
Analysts had forecast a 0.3% gain.
That followed a 0.3% gain a month earlier
Export prices increased 3.8% from a year ago, above the consensus forecast for a 3.6% advance.
Export prices gained 3.4% in the previous month.
