Import Prices in U.S. Fell in June by Most Since 2008

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Prices of goods imported into the U.S. decreased more than forecast in June as declining energy costs curbed inflation.

The 2.7 percent plunge in the import-price index was the biggest since December 2008 and followed a 1.2 percent drop in May, Labor Department figures showed today in Washington. Prices excluding fuel fell 0.3 percent, the most in almost two years.