- The cost of capital goods made overseas dropped 0.2 percent, matching an October decline as the largest since July 2015 and underscoring sluggish demand for productivity-enhancing equipment.
- Monthly decrease reflected a 0.4 percent decrease in prices of computers, peripherals and semiconductors
- Prices of imported capital goods fell 1.6 percent from November 2015
- Index of all imports dropped 0.3 percent in November, the biggest drop since February, led by cheaper fuel
- Prices of imported consumer goods excluding autos fell 0.1 percent last month, dropped 0.6 percent from year earlier
Under the Hood of U.S. Import Prices Are Cheaper Capital Goods
By: Vince Golle | Dec 13 2016 at 08:30 AM | International Trade
Here’s one key takeaway from the Labor Department’s report Tuesday on U.S. import prices in November: