July 10, 2009
Import Prices Advance 3.2%
By Matthew L. Brown
The U.S. Import Price Index rose 3.2 percent in June, according to the U.S. Bureau of Labor Statistics.
The increase was led by higher petroleum prices and followed a 1.4 percent increase May.
Export prices also increased in June, rising 1.1 percent after a 0.5 percent increase in May.
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