Import prices up 0.9% in October due to oil spike

Import prices rose a sharp 0.9%.  Export prices advanced for the third consecutive month in October, rising 0.8% due to food commodities spiking. October import prices increase included a 3.3% increase in raw crude. Finished goods inclation remains unchanged.  The overall year-on-year rate is stable at plus 3.6 percent.
As Prices go, so goes the economy,  Source: Econoday

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Bureau of Labor Statistics Release
Reuters Release

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