FX.co ★ US Import Prices Rise Less Than Expected

In June 2025, U.S. import prices experienced a modest increase of 0.1% compared to the previous month, which was below the market's anticipation of a 0.3% rise, as noted after a 0.4% decrease in May. A closer look reveals that nonfuel import prices climbed by 0.1%, spurred by increased costs in nonfuel industrial supplies, materials, and consumer goods. These upward trends were sufficient to counterbalance the price decreases witnessed in food, beverages, and motor vehicles. In contrast, fuel import prices saw a decline of 0.7%, primarily due to reduced natural gas prices offsetting the rise in petroleum expenses. On a year-over-year basis, import prices in June saw a 0.2% reduction, consistent with the annual decline reported in May.