Import prices in the U.S. fell by much more than expected in the month of May, according to a report released by the Labor Department on Thursday.The Labor Department said import prices slid by 0.6 percent in May after rising by a downwardly revised 0.3 percent in April.Economists had expected import prices to edge down by 0.1 percent compared to the 0.4 percent increase originally reported for th...
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.