U.S. Import prices rise more than expected in July; export prices inch up

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Aerial view Industrial port with Container port in Hamburg, Germany

U.S. import prices gained 0.4% M/M in July, stronger than than the 0.1% increase expected and the prior month's 0.1% decrease, which was revised from +0.1%, according to data released by the Bureau of Labor Statistics on Friday.

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U.S. Import prices rise more than expected in July; export prices inch up

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