Report: Both U.S. import and export prices dipped in December

01/15/2009 | · Reuters

U.S. export and import prices dropped in December for the fifth month in a row, according to the U.S. Department of Labor. For December, import prices fell 4.2% while export prices dipped 2.3%. Petroleum import prices plummeted 47% last year, per the Bureau of Labor Statistics.

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