FOREX TradingCharts.com

Financial News: U.S. Import Prices Unchanged In May

U.S. Import Prices Unchanged In May

06/17/2025 - 10:23:00 (RTTNews)

(RTTNews) - With a steep drop in prices for fuel imports offset by an increase in prices for non-fuel imports, the Labor Department released a report on Tuesday showing U.S. import prices were unchanged in the month of May.

The Labor Department said import prices came in flat in May after inching up by 0.1 percent in April. Economists had expected import prices to dip by 0.2 percent.

Meanwhile, the report said the annual rate of import price growth crept up to 0.2 percent in May from 0.1 percent in April.

The unchanged monthly reading came as prices for fuel imports plunged by 4.0 percent in May after tumbling by 2.6 percent in April, while prices for non-fuel imports rose by 0.3 percent in May after climbing by 0.4 percent in April.

The Labor Department said higher prices for non-fuel industrial supplies and materials, capital goods, consumer goods and automotive vehicles more than offset lower prices for foods, feeds, and beverages.

The report also said export prices slumped by 0.9 percent in May after inching up by 0.1 percent in April. Economists had expected export prices to edge down by 0.1 percent.

With the much bigger than expected monthly decrease, the annual rate of export price growth slowed to 1.7 percent in May from 1.9 percent in April.

The notable pullback by export prices came as prices for non-agricultural exports tumbled by 1.0 percent, more than offsetting a 0.2 percent uptick in prices for agricultural exports.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2025 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Russia Slashes Interest Rates Again On Easing Price Pressures (11 hr(s), 17 min(s), 13 sec(s) ago)
(RTTNews) - Russia's central bank lowered the key interest rate massively for a second policy ...Full Story»

UK Retail Sales Rebound As Warm Weather Boosts Spending (12 hr(s), 44 min(s), 13 sec(s) ago)
(RTTNews) - UK retail sales recovered in June as warm weather boosted consumer spending but consum ...Full Story»

Eurozone Bank Lending Growth Improves (13 hr(s), 37 min(s), 13 sec(s) ago)
(RTTNews) - Eurozone bank lending increased at a faster pace in June despite trade tariff concerns ...Full Story»

Russia Central Bank Cuts Interest Rate By 200 Bps (14 hr(s), 38 min(s), 13 sec(s) ago)
(RTTNews) - Russia's central bank slashed its benchmark rate by 200 basis points on Friday cit ...Full Story»

German Business Sentiment Strongest In More Than A Year (15 hr(s), 16 min(s), 13 sec(s) ago)
(RTTNews) - German business confidence improved to the highest level in more than a year in July d ...Full Story»

French Consumer Sentiment Improves Marginally (16 hr(s), 06 min(s), 13 sec(s) ago)
(RTTNews) - French consumer confidence improved marginally in July, monthly survey results from th ...Full Story»

Singapore Industrial Production Recovers In June (17 hr(s), 37 min(s), 13 sec(s) ago)
(RTTNews) - Singapore's industrial production growth accelerated in June, figures from Economi ...Full Story»

UK Retail Sales Recover In June (18 hr(s), 34 min(s), 13 sec(s) ago)
(RTTNews) - UK retail sales recovered in June as warm weather boosted food and non-food store sale ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Russia Slashes Interest Rates Again On Easing Price Pressures

07/25/2025 - 10:16 AM (RTTNews)
(RTTNews) - Russia's central bank lowered the key interest rate massively for a second policy ...Full Story>>

UK Retail Sales Rebound As Warm Weather Boosts Spending

07/25/2025 - 08:49 AM (RTTNews)
(RTTNews) - UK retail sales recovered in June as warm weather boosted consumer spending but consum ...Full Story>>

Eurozone Bank Lending Growth Improves

07/25/2025 - 07:56 AM (RTTNews)
(RTTNews) - Eurozone bank lending increased at a faster pace in June despite trade tariff concerns ...Full Story>>

Russia Central Bank Cuts Interest Rate By 200 Bps

07/25/2025 - 06:55 AM (RTTNews)
(RTTNews) - Russia's central bank slashed its benchmark rate by 200 basis points on Friday cit ...Full Story>>

German Business Sentiment Strongest In More Than A Year

07/25/2025 - 06:17 AM (RTTNews)
(RTTNews) - German business confidence improved to the highest level in more than a year in July d ...Full Story>>

Do not sell my personal information

Copyright © 2025. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.