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WASHINGTON: US import prices were unchanged in July as a surge in the cost of fuels was offset by weak prices elsewhere, suggesting that a strong dollar was keeping imported inflation in check. The Labour Department said on Tuesday the flat reading in import prices last month followed an upwardly revised 0.1 percent drop in June. Import prices were previously reported to have declined 0.4 percent in June. Economists polled by Reuters had forecast import prices gaining 0.1 percent in July. (reuters)
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15/08/2018
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