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Updated:
12/11/2009 9:30:00 AM
Import Prices Rise 1.7% in November
The price of goods imported to the United States rose 1.7% in November, the most in five month, the Labor Department said Friday.
The increase followed a revised 0.8% increase in October, which was revised from an initially reported 0.7%, Labor said.
Prices excluding fuels rose 0.7%. Export prices rose 0.8% after a 0.2% gain in October.
Economists had forecast import prices would rise 1.2%, Bloomberg reported.
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