Click here to VIEW in your browser the NEW 2025 - 2026 Training Calendar

Click here to DOWNLOAD to your computer the NEW 2025 - 2026 Training Calendar

    November import prices post largest gain in a year
  • 10Dec

    (Reuters) - U.S. import prices in November rose at their fastest pace in a year as petroleum and food costs maintained their upward trend, according to a government report on Friday that hinted at a pick up in imported inflation.


    Import prices jumped 1.3 percent, the largest rise since November 2009, after advancing by a revised 1.0 percent in October, the Labor Department said.

    Analysts polled by Reuters had forecast import prices rising 0.8 percent last month from a previously reported 0.9 percent increase in October. In the 12 months to November, import prices increased 3.7 percent.

    Export prices surged 1.5 percent, the biggest increase since July 2008, after rising 0.8 percent in October. Economists had expected export prices to increase 0.6 percent.

    Compared to November last year, export prices were up 6.5 percent, the largest gain since September 2008.

    Carver PA Corporations
    The Carver news team is determined to keep you up to date with the latest business news from all around
    the world. Carver PA Corporation is a multi-disciplinary company which provides a number of Industrial
    Training
    programs, Consulting Services and Recruitment Services on a global scale.