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    09.10.2015 13:18 U.S. import price index falls 0.1% in September

    The U.S. Labor Department released its import and export prices data on Friday. The U.S. import price index fell by 0.1% in September, beating expectations for a 0.5% decrease, after a 1.6% decline in August. August's figure was revised down from a 1.8% drop.

     

    The decline was mainly driven by lower prices on foods, capital goods and nonfuel industrial supplies.

     

    A stronger U.S. currency lowers the price of imported goods.

     

    U.S. export prices declined by 0.7% in September, after a 1.4% fall in August.


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