U.S. import prices decline in June for third time in four months

• July 18, 2017
• realestatelife
• Business & Markets, Politics & Economy, Real Estate Finance

Falling import prices show that barely any inflation is coming into the U.S. from abroad. The price of imported goods fell in June for the third time in four months, the latest signal that inflation in the U.S. has waned after a rapid buildup last year. The import price index dropped 0.2% last month, largely reflecting lower costs of imported oil.