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U.S. Import Prices Dip In January, Annual Growth Slows Dramatically

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Import prices in the U.S. saw a modest decrease in the month of January, according to a report released by the Labor Department on Friday.

The Labor Department said import prices dipped by 0.2 percent in January after edging down by a revised 0.1 percent in December.

Economists had expected import prices to slip by 0.2 percent compared to the 0.4 percent increase originally reported for the previous month.

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