The price of goods imported to the United States was unchanged in August following a gain the prior month, the Labor Department reported Sept. 12.
July’s 0.2% gain followed a 0.4% drop in June. Economists had forecast prices would rise 0.5% in August, Bloomberg News reported.
The cost of imported goods minus fuel fell 0.2% last month following a 0.4% decrease, Bloomberg said.
U.S. export prices declined 0.5% following a 0.1% dip the previous month.