US import and export prices both rise in March

(Sharecast News) - US import and export prices both rose firmly in March, underscoring continued inflationary pressure in global trade flows, according to the latest data from the Bureau of Labor Statistics. US import prices rose 0.8% in March, the third consecutive monthly increase, following gains of 0.9% in February and 0.6% in January. Import prices were up 2.1% in the year to March for the strongest annual rise since December 2024, when the index increased 2.2%.

Export prices also strengthened, advancing 1.6% in March as both agricultural and non‑agricultural export prices moved higher. Export prices rose 5.6% over the 12 months ended 31 March, marking the largest year‑on‑year increase since November 2022, when the index climbed 6.1%.







Reporting by Iain Gilbert at Sharecast.com