Economics
Import Prices in U.S. Rose 0.3% in July; Ex-Petroleum 0.2%
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Prices of goods imported into the U.S. rose in July, led by gains in costs of fuel, industrial supplies and clothing.
The 0.3 percent gain in the import-price index followed a revised 0.6 percent drop in June, Labor Department figures showed today in Washington. Economists projected a 0.1 percent decrease for July, according to the median estimate in a Bloomberg News survey. Prices excluding petroleum rose 0.2 percent.