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2025-09-16 20:36:27
U.S. import prices rose by 0.3% month-over-month in August, a further increase from the revised 0.2% increase in June and far exceeding market expectations for a 0.1% decline. (2) This was the largest month-over-month increase since January, indicating that foreign companies did not lower their product prices following the implementation of the Trump administration's tariffs (the index excludes commodity taxes). (3) Non-fuel import prices rose by 0.4% month-over-month, reversing the previous month's stagnation; fuel import prices fell by 0.8% month-over-month, following a 2.5% increase in the previous month. (4) Year-over-year, import prices in August were flat compared to the same period last year.
