U.S. Import Prices Fall 0.3% In March

April 10, 2015 12:48 PM

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WASHINGTON--Prices of imported goods fell broadly last month, raising the likelihood that inflation will remain subdued in coming months amid a limping global economy.

Import prices fell 0.3% in March from February, the eighth decline in nine months, the Labor Department said Friday. Prices have fallen 10.5% over the past year, largely reflecting last year's slide in oil prices that has since stabilized.

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