Advertisement
U.S. markets open in 4 hours 12 minutes
  • S&P Futures

    5,209.00
    -5.75 (-0.11%)
     
  • Dow Futures

    39,198.00
    -25.00 (-0.06%)
     
  • Nasdaq Futures

    18,204.75
    -26.75 (-0.15%)
     
  • Russell 2000 Futures

    2,044.40
    -5.40 (-0.26%)
     
  • Crude Oil

    82.62
    -0.10 (-0.12%)
     
  • Gold

    2,155.80
    -8.50 (-0.39%)
     
  • Silver

    25.10
    -0.16 (-0.65%)
     
  • EUR/USD

    1.0851
    -0.0026 (-0.24%)
     
  • 10-Yr Bond

    4.3400
    0.0000 (0.00%)
     
  • Vix

    14.44
    +0.11 (+0.77%)
     
  • GBP/USD

    1.2689
    -0.0040 (-0.31%)
     
  • USD/JPY

    150.4280
    +1.3300 (+0.89%)
     
  • Bitcoin USD

    63,697.21
    -4,158.49 (-6.13%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • FTSE 100

    7,720.55
    -2.00 (-0.03%)
     
  • Nikkei 225

    40,003.60
    +263.20 (+0.66%)
     

Import prices flat in December

The Panama registered Mol Explorer cargo ship is pictured at the Port of Long Beach, California December 4, 2012. REUTERS/Mario Anzuoni

WASHINGTON (Reuters) - U.S. import prices were unexpectedly flat in December as the cost of petroleum fell marginally, still showing no signs of imported inflation pressures.

November's import prices were revised to show a 0.9 percent decline rather than the previously reported 0.6 percent, the Labor Department said on Tuesday.

Economists polled by Reuters had forecast import prices rising 0.3 percent in December. In the 12 months through December, import prices fell 1.3 percent.

Import prices excluding petroleum were also flat in December after edging up 0.1 percent in November. Compared to December last year, they were down 1.3 percent.

The Labor Department report also showed export prices rose 0.4 percent in December after inching up 0.1 percent in November.

(Reporting By Lucia Mutikani; Editing by Andrea Ricci)

Advertisement