Food, fuels lift U.S. import prices in September - NewsBreak
By Hernandez in Business
Updated 3 years ago
WASHINGTON (Reuters) - U.S. import prices rebounded in September, lifted by higher food and energy costs, but underlying imported inflation showed signs of moderating. Import prices rose 0.4% last month after falling 0.3% in August, the Labor Department said on Friday. In the 12 months through September, prices shot up 9.2% after advancing 8.9% in August. Economists polled by Reuters had forecast import prices, which exclude tariffs, increasing 0.6%.
