Import Prices Rose 0.3% in July

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Import Prices Rose 0.3% in July

Washington, DC, August 13, 2021-Prices for U.S. imports increased 0.3% in July, after advancing 1.1% the previous month, the U.S. Bureau of Labor Statistics reported.

The July increase was driven by higher fuel prices. U.S. export prices rose 1.3% in July following a 1.2% advance in June.