Import Prices Down 0.2% in December, Export Prices Down 1.8%

Washington, DC, January 14, 2022-U.S. import prices declined 0.2% in December, after rising 0.7% in November, the U.S. Bureau of Labor Statistics reported. 

In December, lower fuel prices more than offset higher prices for nonfuel imports. Prices for U.S. exports fell 1.8% in December following a 0.8% advance in November.