Import prices in the U.S. crept up in line with estimates in the month of December, according to a report released by the Labor Department on Tuesday.
The Labor Department said import prices inched up by 0.1 percent in December, in line with expectations.
While the report also said export prices rose by 0.3 percent in December, economists had expected export prices to tick up by 0.1 percent.
Import prices were unchanged compared to the same month a year ago, while export prices jumped by 3.1 percent year-over-year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.