U.S. import prices barely rise in November

  • 12/15/2020
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WASHINGTON, Dec 15 (Reuters) - U.S. import prices rebounded less than expected in November, supporting views that inflation could remain moderate amid a resurgence in new COVID-19 infections and rising unemployment. The Labor Department said on Tuesday import prices edged up 0.1% last month after dipping 0.1% in October. Economists polled by Reuters had forecast import prices, which exclude tariffs, advancing 0.3% in November (Reporting By Lucia Mutikani; Editing by Andrew Heavens)

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