U.S. import price index -0.5% vs. -0.7% forecast

Investing.com - The U.S. import price index fell less-than-expected last month, official data showed on Friday.

In a report, US Department of Labor said that U.S. import price index fell to a seasonally adjusted -0.5%, from -0.6% in the preceding month whose figure was revised up from -0.9%.

Analysts had expected U.S. import price index to fall -0.7% last month.