Import and export prices saw notable shifts in January 2025, reflecting changes in fuel costs, global trade dynamics, and supply chain adjustments. U.S. import prices rose 0.3%, marking the largest monthly increase since April 2024, driven by higher petroleum and natural gas prices. Export prices surged 1.3%, with nonagricultural goods leading the rise while agricultural exports saw a slight decline. These fluctuations highlight the ongoing impact of global energy markets and trade policies on the cost of goods moving across borders.
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Website: | Visit Publisher Website |
Publisher: | Department of Labor |
Published: | January 14, 2025 |
License: | Public Domain |