US import prices surge 1.9% in May

NAMPA / DPA

2026-06-16

Washington (dpa-AFX) - A report released by the Labor Department on Tuesday showed import prices in the United States shot up by much more than expected in the month of May. The Labor Department said import prices jumped by 1.9% in May after leaping by an upwardly revised 2.0% in April. Economists had expected import prices to increase by 1.0% compared to the 1.9% jump originally reported for the previous month. The report also said the annual ra......

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