U.S. Import Prices Jump Much More Than Expected In April

India, May 14 -- The Labor Department released a report on Thursday showing a substantial increase by import prices in the U.S. in the month of April.The report said import prices shot up by 1.9 percent in April after climbing by an upwardly revised 0.9 percent in March.Economists had expected import prices to jump by 1.0 percent compared to the 0.8 percent increase originally reported for the previous month.Meanw...

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