MW: U.S. import price index rises slightly in June
By Jeffry Bartash
WASHINGTON (MarketWatch) - The prices paid for goods imported into the U.S. edged up 0.1% in June, largely because of higher fuel costs, the U.S. Labor Department said Tuesday. Economists polled by MarketWatch had forecast a 0.4% increase Excluding fuel, import prices fell by 0.1% last month. The prices of U.S.-made goods exported to other nations, meanwhile, dropped 0.4% in June. In May, the increase in import prices was revised up to show a 0.3% increase instead of 0.1%. Over the past year import prices have climbed at a 1.2% rate, the biggest year-over-year gain since March 2012. Yet the index is unchanged in the past 12 months excluding fuel costs.
