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Tuesday, March 16, 2021

Import and export prices exceed estimates in January

U.S. import prices advanced 1.3 percent in February following a 1.4-percent increase in January, the U.S. Bureau of Labor Statistics reported today. Higher fuel and nonfuel prices contributed to the advances in each of the past 2 months. Prices for U.S. exports also rose in February, increasing 1.6 percent, after advancing 2.5 percent the previous month. 

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