Import & Export Prices Rose 0.8% in January

Washington, DC, February 15, 2024-Prices for U.S. imports advanced 0.8% in January following a 0.7% decline the previous month, the U.S. Bureau of Labor Statistics reported.

Higher prices for both nonfuel and fuel imports contributed to the overall increase. U.S. export prices also advanced 0.8% in January, after decreasing 0.7% in December.