Speakers from Touchstone Exploration, Shanta Gold, Savannah Resources and Kavango Resources feature in our Natural Resources webinar on May 25th. Please register here.

Less Ads, More Data, More Tools Register for FREE

U.S. import prices increase more than expected in August

Tue, 15th Sep 2020 13:36

WASHINGTON, Sept 15 (Reuters) - U.S. import prices increased
more than expected in August and gains in the prior month were
revised sharply higher, supporting views that inflation
pressures were building up.

The Labor Department said on Tuesday import prices rose 0.9%
last month. Data for July was revised higher to show import
prices accelerating 1.2% instead of 0.7% as previously reported.

Economists polled by Reuters had forecast import prices,
which exclude tariffs, increasing 0.5% in August.

In the 12 months through August, import prices fell 1.4%
after declining 2.8% in July.
(Reporting By Lucia Mutikani; Editing by Andrew Heavens)

More News

UK officials admit some markets to be subject to duties under post-Brexit deal terms - FT

May 9 (Reuters) - Companies in freeports in Britain will not get to enjoy the full benefits of the new tax-efficient zones if they are exporting to certain countries including Canada, Norway, Switzerland and Singapore, the Financial Times reported...

9 May 21 23:09

WRAPUP 1-Soccer-Man Utd delay Man City's party, West Brom relegated

* Man Utd come from behind to beat Villa* Man City title celebrations delayed until at least Tuesday* Allardyce suffers first Premier League relegation as West Brom lose* Calvert-Lewin dents West Ham's Champions League hopesBy Martyn HermanMay 9 (Reu...

9 May 21 22:57

England to ease COVID restrictions further on May 17

LONDON, May 9 (Reuters) - England will press ahead with plans to ease COVID-19 restrictions further on May 17, including allowing people to meet indoors, thanks to favourable data on infections and vaccines, the government said on Sunday.The count...

9 May 21 22:30

Soccer-Premier League talking points

May 9 (Reuters) - Talking Points from the Premier League weekend:HAVE CHELSEA GAINED A PSYCHOLOGICAL EDGEChelsea's 2-1 victory over Manchester City made sure City's title celebrations remained on hold but perhaps more importantly sent out a message t...

9 May 21 22:16

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.