The Labor Department released a report on Friday showing U.S. import prices fell by much more than expected in the month of March.The report said import prices slid by 0.6 percent in March after slipping by a revised 0.2 percent in February. Economists had expected import prices to edge down by 0.1 percent, matching the 0.1 percent dip originally reported for the previous month.The bigger than exp...
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.