The price of goods imported to the United States fell in November for the first time in four months, the Labor Department said Wednesday.
The 0.9% decline followed a 0.3% increase in October and a 1.1% rise in September.
Economists had forecast a 0.5% decrease, Bloomberg reported.
The cost of imported petroleum fell 3% in November, whileÌýprices for imported automobiles and parts were unchanged.Ìý
U.S. export prices dropped 0.7% in November, the most in five months, Labor said.
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