Import prices declined unexpectedly in August - NewsBreak

Home > Business
By Alvarez in Business
Updated 3 years ago

Right now, price trends for imports and exports can shed light on one of the economic keywords of the day — inflation — and whether it's here to stay or transitory. The Bureau of Labor Statistics reported Wednesday morning that export prices rose 0.4% in August. That was less than their increases in May, June and July, and year over year, export prices were up nearly 17%.

import-prices-declined-unexpectedly-in-august-newsbreak