US Import price index jumps 0.5% on imported fuel costs … MARKETWATCH
US Import price index jumps 0.5% in September on imported fuel costs
By Greg Robb
Excluding energy, import prices were flat
The numbers: The cost of goods imported into the U.S. rose in September for the first time in four months.
The import price index rose 0.5% last month, driven up by higher cost of imported fuel, the government said Friday.
This was above the Wall Street expectations of a 0.2% increase, according to Econoday.
If fuel is excluded, import prices rose were flat.
What happened: Petroleum-import prices grew 4.1% in September.
The costs of imports over the past 12 months slowed to 3.5% in September from 3.8% in the prior month.