U.S. Import Prices Rose in November
December 13 2019 - 9:00AM
Dow Jones News
By Amara Omeokwe and Harriet Torry
WASHINGTON--Prices for foreign-made goods imported to the U.S.
increased in November, the Labor Department reported Friday. Here
are takeaways from the report:
--Import prices were up 0.2% in November from October, matching
expectations of economists surveyed by The Wall Street Journal. The
data are not adjusted for seasonality and exclude any taxes, such
as tariffs.
--Prices for petroleum imports increased 1.1% in November from
the previous month, while prices for non-petroleum imports rose
0.2%.
--Compared with November 2018, import prices for all goods were
down 1.3%. Import prices in October were unchanged from the
previous estimate of a 0.5% drop.
--Export prices were up 0.2% in November from October and 1.3%
lower than November last year.
The Labor Department report on import and export prices can be
accessed at: http://www.bls.gov/news.release/ximpim.toc.htm.
(END) Dow Jones Newswires
December 13, 2019 08:45 ET (13:45 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.