U.S. Import Prices

16 March 2010 @ 12:34 pm EDT

The U.S. released the import price index for the month of February, where import prices dropped by -0.3% following the prior revised rise of 1.3% and worse than median estimates of -0.2%, while compared with a year earlier, import prices rose by an annualized 11.2% following the prior reported rise of 11.5% and below median estimates of 11.3%.

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