Import prices fell 0.3% last month, the largest decline since December 2023, after an unrevised 0.1% gain in July, the Labor Department's Bureau of Labor Statistics said in a separate report.

The decline was driven entirely by a sharp drop in prices for services, which fell 0.7% – the largest monthly decrease since records began in 2009.

U.S. import prices decreased 0.1% in March following an increase of 0.2% in February, marking the first monthly drop since the index declined 0.4% in September 2024. According to the Bureau of ...

Oil prices plunged this week as a one-two punch of sweeping U.S. import tariffs and an unexpected OPEC+ supply hike erased $10 per barrel from global benchmarks Type your search and press Enter Home ...

- The future of the U.S.-China import tariff war will define energy prices of the upcoming months as the Trump administration’s 145% tariff on China (and the reciprocal 125% from Beijing) is ...

Beef prices in the U.S. are nearing record levels, driven by supply challenges and rising costs across most food categories. According to data from the Federal Reserve Bank of St. Louis, the ...