Global Economic News

U.S. Import Prices Jump 1.3% In February, Much More Than Expected

Partly reflecting a significant rebound in prices for fuel imports, the Labor Department released a report on Wednesday showing U.S. import prices increased by much more than expected in the month of February.

The Labor Department said import prices jumped by 1.3 percent in February after climbing by an upwardly revised 0.6 percent in January.

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by RTTNews Staff Writer

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