Import Prices Fell 0.3% in May

Washington, DC, June 13, 2019--Prices for U.S. imports declined 0.3 percent in May, the U.S. Bureau of Labor Statistics reported, following an increase of 0.1 percent the previous month.

Lower fuel and nonfuel prices contributed to the May decline in import prices.

U.S. export prices fell 0.2 percent in May, after advancing 0.1 percent in April, 0.8 percent in March, and 0.6 percent in February.