MW: U.S. Sept. import prices fall 0.3% on fuel drop
By Ruth Mantell
WASHINGTON (MarketWatch) -- Prices of goods imported into the United States fell 0.3% in September, led by a decline in fuel-import prices, the Labor Department reported Wednesday. Fuel-import prices fell 3.1% in September. Meanwhile, prices for non-fuel imports rose 0.3%. Import prices are up 3.5% in the past year, the smallest 12-month gain since November 2008-2009. Export prices rose 0.6% in September, with prices for agricultural exports up 2.4%, and prices for non-agricultural exports up 0.3%. For the year, export prices are up 5%. In August, overall import prices rose 0.6%, while export prices gained 0.8%.
