December 12, 2007
Gas Pushes Import Prices Higher
By Matthew L. Brown
The U.S. Department of Labor's Import Price Index increased 2.7 percent in November, the largest monthly increase since October 1990.
The price increase was led by a 9.8 percent rise in petroleum prices. Prices for U.S. exports rose 0.9 percent in November after a similar increase in October.
The price increase was led by a 9.8 percent rise in petroleum prices. Prices for U.S. exports rose 0.9 percent in November after a similar increase in October.
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