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Import prices post biggest drop since 2008

Export prices also fall 2% in January, the largest decline in more than three years

Published Fri, Feb 13, 2015 · 09:50 PM

Washington

US import prices recorded their biggest drop in six years in January as the cost of petroleum and a range of other goods fell, a sign that domestic inflation pressures could remain muted for a while.

The Labour Department said on Friday import prices tumbled 2.8 per cent last month, th…

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International

International

Import prices post biggest drop since 2008

International

India tells spice makers to give details of quality checks after Hong Kong allegations

Eurozone business in services-led bounce in April, PMI survey shows

China’s surging steel exports are inflaming global trade tension

German business activity returns to growth in April, PMI survey shows

China’s LGFV borrowing costs drop to record low as investors bet on bailout

UK budget deficit overshoots in setback for Hunt’s tax cut plans

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