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  • U.S. Import Prices Rose in April, Suggesting No Tariff Supply Shock

    05/16/2025 9:00:33 AM PDT · by ChicagoConservative27 · 7 replies
    Breitbart ^ | 05/16/2025 | John Carney
    Import prices ticked up slightly in April, driven by higher costs for nonfuel goods even as fuel prices continued to slide, according to data released Friday by the Bureau of Labor Statistics. The Import Price Index rose 0.1 percent in April, following a 0.4 percent decline in March. Over the past year, import prices were up just 0.1 percent. But excluding fuel, prices for imported goods rose 0.4 percent in April and were up 1.2 percent from a year earlier, suggesting continued resilience in U.S. demand for foreign goods despite the implementation of new tariffs in early April. The Trump...