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U.S. import prices decline 0.2% in July

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Investing.com -

Investing.com - U.S. import prices fell less than expected in July, official data showed on Thursday.

In a report, the U.S. Bureau of Labor Statistics said U.S. import prices decreased by a seasonally adjusted 0.2% last month, compared to forecasts for a 0.3% decline. Import prices rose by 0.1% in June.

Following the release of the data, the U.S. dollar held on to losses against the euro, with EUR/USD rising 0.15% to trade at 1.3384.

Meanwhile, the outlook for U.S. equity markets was modestly higher. The Dow indicated a gain of 0.1%, the S&P 500 pointed to a rise of 0.1%, while the Nasdaq 100 indicated an increase of 0.1%.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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