HOUSTON, Aug. 13 (Xinhua) -- U.S. import and export prices both rose in July, the U.S. Department of Labor reported on Thursday.
The price index for U.S. imports rose for the third consecutive month in July, increasing 0.7 percent for the month and 2.8 percent from April to July, the largest three-month advance since May 2011. The July advance was led by rising fuel prices. Despite the advance over the past three months, the price index for U.S. imports declined 3.3 percent over the past year.
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