US Import, Export Prices Spike to Highest Levels Since 2022

Date:

An oil tanker rides through seas outside of Huntington Beach, Calif., on March 21, 2023. John Fredricks/The Epoch TimesEnergy costs are continuing to revive inflationary pressures as U.S. import and export prices climbed to their highest levels in four years.Import prices rose by 1.9 percent in April, the most since March 2022, according to the Bureau of Labor Statistics on May 14. This is up firmly from the 0.9 percent jump in March and the 1 percent increase in February.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Supreme Court Rules 90 That Man Injured in Truck Accident May Sue Transportation Broker

U.S. Supreme Court Associate Justice Amy Coney Barrett poses...

Jobless Claims Rise After Sliding to 57-Year Low

A woman walks into a restaurant displaying a hiring...

US Retail Sales Rise for 3rd Straight Month on Higher Gas Prices

Traffic moves past a gas station in Los Angeles...

Honda Suspends Parts of Electric Vehicle Expansion After Nearly $10 Billion Loss

The Honda logo is displayed at the Howdy Honda...