U.S. import prices fell more than expected in October amid a broad decline in the costs of goods, the latest indication that inflation was retreating.

Import prices slipped 0.4% last month, the biggest drop since December 2023, after a revised 0.2% decrease in August.

US import prices: US import prices dropped by the most in eight months in August amid lower costs for a broad range of goods, suggesting that domestic inflation will continue to subside in the ...

U.S. consumer sentiment rose to a four-month high in September amid expectations that inflation will continue moderating over the next year and household incomes improve, but views on the labor ...

Meanwhile, prices for non-fuel imports rose 0.1% for the second consecutive month in March. Notably, non-fuel import prices have not fallen on a monthly basis since a 0.2% drop in May 2024.

Import prices were previously reported to have declined 0.3% in August. Last month's drop in import prices, which exclude tariffs, was in line with economists' expectations.

The dollar's strength against the currencies of the United States' main trade partners has largely kept imported inflation contained. Core import prices rose 1.1% year-on-year in August.

The dollar’s strength against the currencies of the United States’ main trade partners has largely kept imported inflation contained. Core import prices rose 1.1 per cent year-on-year in August.

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.

U.S. consumer sentiment rose to a four-month high in September amid expectations that inflation will continue moderating over the next year and household incomes improve, but views on the labor ...