U.S. import prices fall 0.3 percent in September

WASHINGTON, Oct 13 (BestGrowthStock) – U.S. import prices fell 0.3
percent in September, about in line with expectations, as a big
drop in petroleum prices offset gains in food and other
non-fuel goods, a U.S. Labor Department report showed on
Wednesday.

The decline followed a 0.6 percent rise in August.
Analysts surveyed before the report had expected import prices
to fall about 0.2 percent in September.

Petroleum and fuel import prices both fell 3.1 percent in
September in their first month-to-month declines since June.

U.S. import prices fall 0.3 percent in September