FX.co ★ U.S. Import Price Growth Cools in December, Easing From November’s Pace

U.S. import price growth slowed in December 2025, with the Import Price Index rising 0.1% month-over-month, down from a 0.4% increase in November 2025. The latest reading, updated on 10 February 2026, indicates a moderation in cost pressures from abroad at the end of the year.

On a month-over-month basis, the December figure reflects a softer advance in import prices compared with the previous month, when prices had accelerated more sharply. The comparison framework shows that while November’s 0.4% rise marked a stronger jump from the prior month, December’s 0.1% increase points to a more subdued inflation impulse from imported goods heading into 2026.