March US Import Prices Rise Below Market Expectations

A beachgoer walks in front of the ocean, with an oil shipment vessels in the background, in Huntington Beach, Calif., on Sept. 12, 2024. John Fredricks/The Epoch TimesU.S. import prices rose less than expected last month as inflationary pressures from the war in Iran continue to be less severe.March import prices increased by 0.8 percent, from the downwardly revised 0.9 percent increase in February, according to new Bureau of Labor Statistics data released on April 15.