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U.S. Import Prices Unexpectedly Rise 0.3% In October

The Labor Department released a report on Friday showing an unexpected increase by import prices in the U.S. in the month of October.

The report said import prices rose by 0.3 percent in October after falling by 0.4 percent in September. Economists had expected import prices to edge down by 0.1 percent.

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by RTTNews Staff Writer

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