WASHINGTON (Thomson Financial) - Soaring prices for food and oil pushed overall US import prices to their largest annual gain on record, the Labor Department said today. Overall import prices rose 2.6% in June, sharply higher than the 1.8% gain economists polled by Thomson Reuters IFR Markets were expecting. Over the past 12 months, overall import prices have risen 20.5%, the largest 12 month increase since this data was first published in September 1982. Oil import prices rose 7.4% in June and were up 78.6% for the year, the largest annual increase since February 2003. Excluding oil, import costs rose 0.9% in June ... (full story)