A report released by the Labor Department on Friday showed import prices in the U.S. increased in line with economist estimates in the month of February.
The Labor Department said import prices rose by 0.3 percent in February after climbing by 0.8 percent in January. The uptick matched expectations.
The modest increase in import prices largely reflected a continued surge in prices for fuel imports, which shot up by 1.8 percent in February after jumping by 1.2 percent in January amid higher prices for petroleum and natural gas.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.