Economic Buzz: US import prices inch up in December
The Labor Department said import prices inched up by 0.1 percent in December, in line with expectations.
While the report also said export prices rose by 0.3 percent in December, economists had expected export prices to tick up by 0.1 percent.
Import prices were unchanged compared to the same month a year ago, while export prices jumped by 3.1 percent year-over-year.
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