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%.
Read More