Import Prices Rose 1.2% in October

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Import Prices Rose 1.2% in October

Washington, DC, November 16, 2021-U.S. import prices rose 1.2% in October following a 0.4% advance in September, the U.S. Bureau of Labor Statistics reported. 

Higher fuel and nonfuel prices contributed to the October increase.

Prices for U.S. exports advanced 1.5% in October, after rising 0.4% in September and 0.3% in August.