Import prices in the U.S. showed another notable increase in the month of March, according to a report released by the Labor Department on Wednesday.
The report said import prices surged up by 1.2 percent in March after jumping by 1.3 percent in February. Economists had expected import prices to climb by 1.0 percent.
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Business News
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.