Import prices in the U.S. showed another substantial decrease in the month of December, the Labor Department revealed in a report on Wednesday, with fuel prices leading the way lower once again.
The Labor Department said its import price index plummeted by 2.5 percent in December after tumbling by a revised 1.8 percent in November. Economists had expected import prices to slump by 2.7 percent.
Additionally, the report said export prices fell by 1.2 percent in December following a 0.8 percent drop in the previous month. Export prices had been expected to fall by 0.5 percent.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.