A report released by the Labor Department on Thursday showed import prices edged slightly lower in the month of February.
The Labor Department said import prices dipped by 0.1 percent in February after falling by a revised 0.4 percent in January.
Economists had expected import prices to slip by 0.2 percent, matching the decrease originally reported for the previous month.
The modest decrease in import prices came amid a continued slump in prices for fuel imports, which plunged by 4.9 percent for the second straight month.
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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.