U.S. import prices surge again in January

• February 10, 2017
• realestatelife
• Business & Markets, Real Estate Finance

The cost of imported goods surged in January for the third time in four months, mostly because of rising oil prices that are nudging U.S. inflation higher. Import prices rose 0.4% last month after a revised 0.5% gain in December, the government. Over the past 12 months import prices have advanced 3.7%.