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4/10/2014 9:00:00 AM Write a Letter to the Editor Write a letter to the Editor

Import Prices Rise for Fourth Month


Larry Smith/Trans Pixs

The price of goods imported to the United States rose 0.6% in March, the fourth consecutive increase, the Labor Department reported April 10.

The gain was led by higher costs of food, fuel and industrial supplies, and followed a 0.9% increase in February.

Compared with March 2013, prices declined 0.6%.

Export prices rose 0.8% for the month, the largest increase since September 2012.

Companies may have a difficult time passing on increased costs of imported goods to customers as domestic demand struggles to accelerate, Bloomberg News reported.

By Transport Topics

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