Import Prices Declined 0.6% in Nov., Exports Prices Declined 0.3%

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Import Prices Declined 0.6% in Nov., Exports Prices Declined 0.3%

Washington, DC, December 14, 2022-U.S. import prices decreased 0.6% in November following a 0.4% drop the previous month, the U.S. Bureau of Labor Statistics reported. 

Lower nonfuel and fuel prices contributed to the November decline in U.S. import prices. Prices for U.S. exports fell 0.3% in November, after decreasing 0.4% the previous month.