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U.S. Import Prices Unexpectedly Dip Amid Sharp Pullback In Fuel Prices

Import prices in the U.S. unexpectedly showed a modest decrease in the month of December, according to a report released by the Labor Department on Friday. The Labor Department said import prices edged down by 0.2 percent in December after climbing by 0.7 percent in November. The dip surprised economists, who had expected import prices to rise by 0.3 percent.
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