U.S. import prices advanced 1.0 percent in June following a 1.4-percent increase in May, the U.S. Bureau of Labor Statistics reported today. Rising prices for fuel and nonfuel imports contributed to both the June and May advances. Prices for U.S. exports increased 1.2 percent in June, after rising 2.2 percent the previous month. The price index for U.S. imports advanced 1.0 percent in June, after increases of 1.4 percent in May, 0.8 percent in April, and 1.5 percent in March. Prices for overall imports rose 11.2 percent for the year ended in June. The June 12-month advance followed an 11.6-percent increase from May ... (full story)