Fuel import prices fell 4.9% for the second consecutive month
Key points of the Bureau of Labour Statistics briefing:
US import prices slid 0.1% in February after a 0.5% decline in January.Export prices rose 0.2% last month following the previous month's 0.5% advance.Import prices have declined since June 2022 except for a 0.1% bump up in December 2022.Fuel import prices fell 4.9% for the second consecutive month in February.