US import prices rose by 0.4% in March compared with the previous month (+0.1% excluding petroleum products), while export prices increased by 0.3% (+0.4% excluding food), according to the Labor Department.

Compared with the same month in 2023, US import and export prices respectively rose by 0.4% (stable excluding petroleum products) and fell by 1.4% (-0.6% excluding food) last month.

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