U.S. import prices dip slightly in September

​WASHINGTON (MarketWatch) – The prices the U.S. paid for imported goods ​fell by a seasonally adjusted 0.1% in ​September, much smaller than the 1.6% plunge in the prior month, the government said Friday​. Excluding fuel, import prices dropped by 0.3%. The price of U.S.-made goods exported to other nations declined by 0.7% last month. In the past 12 months import prices have dropped 10.7%, ​largely because of a lower oil costs​ and a stronger dollar that makes foreign goods less expensive. Import prices are down a smaller 3.1% excluding fuel in the same span.

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From:: Stock Market News

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