U.S. Import Prices Rose 5.9% Over the Year as Fuel Costs Drove the Increase
U.S. import prices rose 5.9% from July 2025 to July 2026, led by fuel, even as prices fell 0.4% in July. The data are not retail inflation.
U.S. import prices rose 5.9% from July 2025 to July 2026, led by fuel, even as prices fell 0.4% in July. The data are not retail inflation.
U.S. wholesale prices were flat in July, but annual increases in energy, transportation, construction and imports point to continuing cost pressure.
New U.S. tariffs on goods from 60 economies are in effect. Importers face added costs while trading partners challenge the rationale and rates.