U.S. import prices surge in October on petroleum, food - NewsBreak
By Hernandez in Business
Updated 2 years ago
WASHINGTON, Nov 16 (Reuters) - U.S. import prices surged in October as the costs of petroleum products and food increased, adding to signs that inflation could remain high for a while. Import prices accelerated 1.2% last month after gaining 0.4% in September, the Labor Department said on Tuesday. In the...
