Import prices have increased more strongly than expected in the United States in April against the backdrop of the cost of petroleum products, show statistics published Friday by the Department of Labor, which could confirm concerns surrounding an awakening of American inflation due to Donald Trump’s protectionist policy.
Import prices increased by 0.4% last month after aligned two consecutive months of decline (-0.1% in June then -0.4% in May). It is their highest increase in one year.
Over one year, import prices, however, decreased 0.2% in favor of the withdrawal of fuel costs over the 12 months sold.
The prices of imported petroleum products, however, rebounded by 2.7% in July, after having signed a drop of 0.8% in June and a fall of 5% in May.
Outside oil, import prices have an increase of 0.3%, where economists expected a more limited increase of 0.1%.
Export prices increased by 0.1% last month after +0.5% in June.
