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U.S. import price index declines 0.1% in December
WASHINGTON (MarketWatch)
Prices paid for goods imported into the U.S. declined 0.1% in December, with lower prices for both fuel and nonfuel imports, the U.S. Department of Labor reported Friday
Economists polled by MarketWatch had expected import prices to rise 0.1% in December
The government revised November's decline in import prices to 0.8% from a prior estimate of a 0.9% drop
Import prices for fuel declined 0.1% in December, as did prices for nonfuel imports
Meanwhile, the price of U.S.-made goods exported to other nations also declined 0.1%
For 2012, overall import prices fell 1.5%, the lowest change since 2008, led down by fuel imports
Meanwhile, in 2012 export prices rose 1.1%, also reaching the lowest change since 2008
Prices paid for goods imported into the U.S. declined 0.1% in December, with lower prices for both fuel and nonfuel imports, the U.S. Department of Labor reported Friday
Economists polled by MarketWatch had expected import prices to rise 0.1% in December
The government revised November's decline in import prices to 0.8% from a prior estimate of a 0.9% drop
Import prices for fuel declined 0.1% in December, as did prices for nonfuel imports
Meanwhile, the price of U.S.-made goods exported to other nations also declined 0.1%
For 2012, overall import prices fell 1.5%, the lowest change since 2008, led down by fuel imports
Meanwhile, in 2012 export prices rose 1.1%, also reaching the lowest change since 2008
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WASHINGTON (MarketWatch) -- The U.S. trade deficit widened 15.8% to $48.7 billion in November, hitting the largest deficit since April, compared with a revised $42.1 billion deficit in October, the U.S. Department of Commerce reported Friday. Imports rose 3.8% to $231.3 billion, the highest level since April, while exports increased 1% to $182.6 billion. Economists surveyed by MarketWatch had expected the trade deficit to narrow to $41.3 billion in November from a prior October estimate of $42.2 billion, but noted that monthly results could be skewed by recent longshoreman strikes. On an unadjusted basis, U.S. trade deficits widened with Canada and the European Union, but narrowed with China and the oil-producing OPEC nations
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