Import prices in the US increased less than expected

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Source: Forexpros

Prices for import in the US increased unexpectedly last month, according to the official data. Import prices increased by 0.7% on a seasonally adjusted basis in November as compared to 1.1% increase expected by analysts. On a yearly basis, the import prices increased 9.9% in November, falling below the forecast of 10.1% rise.

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