International Economic

US import price index undershoots forecasts in September

By Alexander Bueso

Date: Wednesday 16 Oct 2024

(Sharecast News) - The cost in the US of goods purchased overseas undershot economists' forecasts last month as the fuel prices plummeted.
According to the US Department of Labor, in seasonally adjusted terms the country's import price index dropped at a month-on-month pace of 0.4%.

Economists had pencilled in a...

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