Import prices slipped 0.4% last month, the biggest drop since December 2023, after a revised 0.2% decrease in August, the Labor Department's Bureau of Labor Statistics said on Wednesday.

Import prices fell 0.3% last month, the largest decline since December 2023, after an unrevised 0.1% gain in July, the Labor Department's Bureau of Labor Statistics said in a separate report.

BLS stated that import fuel prices decreased 2.3% in March following increases of 1.6% in February and 2.7% in January. The decline marked the largest monthly drop since the index fell 7.2% in ...

Notably, egg prices dropped 39.4%. Core PPI—which strips out food, energy, and trade services—edged down 0.1% in April, the first decline since 2020. Over the past year, core PPI rose 2.9%.

Oil prices plunged this week as a one-two punch of sweeping U.S. import ... war puts US exporters at a disadvantage to Brazil, with both commodities set for their biggest weekly drop since ...

US import prices fell by the most in nine months in September amid decreases in the costs of energy products and food, which bodes well for the domestic inflation outlook. Import prices slipped 0.4 ...

The brightening inflation outlook was reinforced by other data on Friday showing import prices dropped by the most in eight months in August, driven by a broad decline in the costs of goods.