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U.S.’s prices on imports resume rising

U.S.'s import prices climbed for the second consecutive month, in April, amid the cost of a range of goods and petroleum products increasing.

Import prices in the U.S. appreciate further

The import prices, last month, climbed 0.3% following a 0.3% gain in March. The prices of imported goods, within a period of twelve months through June, were 5.7% lower.

Furthermore, the U.S. dollar climbed, on a weighted basis, 20% between 2014 and 2015, June through December respectively.

Last month, imported petroleum prices, after appreciating on March 9.6%, increased 4.1% while the prices, excluding petroleum, climbed 0.1%.

Imported food prices, last month, climbed 1.3%, while the imported materials and industrial supplies, excluding petroleum, rose 0.4%.

Moreover, the imported automobiles cost rose 0.1% while the imported capital goods dropped 0.1%. Imported consumer goods prices, excluding autos, declined 0.3%.

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Thursday, 12 May, 2016 / 2:59

Note: Company News is a promotional service of the Directory and the content isn't created by Finance Magnates.

Source : https://www.argusfx.com/en/research-education/market-analysis/news/u-s-s-prices-on-imports-resume-rising

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