U.S. import prices fell in May and the annual decrease in prices was the sharpest in three years, providing another boost for the Federal Reserve in the fight against inflation.

U.S. import prices fell for the first time in five months in May amid lower prices for energy products, providing another boost to the domestic inflation outlook.

US IMPORT prices fell for the first time in five months in May amid lower prices for energy products, providing another boost to the domestic inflation outlook.

Meanwhile, prices for non-fuel imports rose 0.1% for the second consecutive month in March. Notably, non-fuel import prices have not fallen on a monthly basis since a 0.2% drop in May 2024.

Excluding fuels and food, import prices were unchanged. These so-called core import prices dipped 0.1% in May. Core import prices rose 0.6% year-on-year in June.

U.S. import prices unexpectedly fell in March, pulled down by decreasing costs for energy products, the latest indication that inflation was subsiding before President Donald Trump's sweeping ...

U.S. import prices were unchanged in May, the U.S. Bureau of Labor Statistics reported today, following a 0.1-percent increase in April. Higher prices for nonfuel imports offset lower prices for fuel ...

U.S. import prices fell in May and the annual decrease in prices was the sharpest in three years, providing another boost for the Federal Reserve in the fight against inflation. Import prices ...

U.S. import prices import unexpectedly fell in May amid lower prices for energy products, providing another boost to the domestic inflation outlook. Import prices dropped 0.4% last month after an ...

U.S. import prices fell 0.1% in March, the first decline since September, due to lower energy costs. Concerns remain about potential stagflation – simultaneous high inflation and slow growth ...

[WASHINGTON] US import prices were unchanged in May amid lower costs for energy products, but a weak dollar lifted prices elsewhere, which could eventually lead to higher domestic inflation. Read more ...