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U.S. Import Prices Unexpectedly Increase Amid Rebound In Fuel Prices

Import prices in the U.S. unexpectedly showed a modest increase in the month of July, according to a report released by the Labor Department on Wednesday. The Labor Department said import prices rose by 0.2 percent in July after plunging by a revised 1.1 percent in June. Economists had expected import prices to come in unchanged.
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