US Import Prices Unexpectedly Rise in April

U.S. Import Prices Rose in April, Suggesting No Tariff Supply Shock

Import prices ticked up slightly in April, driven by higher costs for nonfuel goods even as fuel prices continued to slide, according to data released

Dollar rises as import prices climb; consumer sentiment weakens - Times Kuwait

The U.S. dollar strengthened on Friday, buoyed by fresh economic data showing a rise in import prices and declining consumer sentiment. The greenback is now on track to post gains for the fourth consecutive week. According to the U.S. Labor Department, import prices increased by 0.1% in April, reversing a 0.4% decline in March. The rise was largely driven by higher costs for capital goods, which offset a drop in energy prices. Analysts surveyed …

Import prices in the United States rose unexpectedly in April, as the increase in the cost of capital goods compensated for the cheapest fuels. Import prices increased 0.1% last month, after fall 0.4% in March, reported to the Department of Labour on this Saturday (16). Economists consulted by Reuters predicted that import prices, excluding prices, would decrease by 0.4%. In 12 months until April, prices fell by 0.1%.

U.S. import prices unexpectedly rose in April, the Bureau of Labor Statistics said. They rose 0.1 percent from a month earlier, driven by a rise in capital goods prices that offset a drop in energy prices. They fell 0.4 percent in March, Reuters reported.

US import prices unexpectedly rise in April

US import prices unexpectedly rose in April as a surge in the cost of capital goods offset cheaper energy products. Import prices gained 0.1 per cent last month after dropping 0.4 per cent in March, the Labor Department’s Bureau of Labor Statistics said on Friday (May 16).