Import Prices Rose 1.4% in June

Washington, DC, July 15, 2020-The price index for U.S. imports rose 1.4% in June, the U.S. Bureau of Labor Statistics reported, following a 0.8% increase in May. 

Both the June and May advances were driven by rising fuel prices. 

U.S. export prices also increased 1.4% in June, after advancing 0.4% the previous month.