US Import Prices Unexpectedly Fell in July

US Import Prices Unexpectedly Fell in July

The cost of foreign goods entering the United States unexpectedly fell for the second straight month in July, new government data show. Import prices declined 0.4 percent, from June’s downwardly revised 0.3 percent decrease, the Bureau of Labor Statistics reported on Aug. 18. This represented the sharpest slide since May 2025. Markets had forecast a modest 0.1 percent jump. July’s decline was driven primarily by lower fuel prices, particularly f…

US import, export prices fall month-on-month in July

Fuel prices down 7.2% in US last month, nonfuel import prices up 0.4%