India, Oct. 16 -- Import and export prices in the U.S. both increased by far more than anticipated in the month of September, according to a report released by the Labor Department on Friday.
The Labor Department said import prices shot up by 1.1 percent in September after rising by a downwardly revised 0.5 percent in August.
Economists had expected import prices to climb by 0.6 percent compared to the 0.7 percent increase originally reported for the previous month.
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