By Joshua KirbyPrices of goods imported to the U.S. declined again in November, driven by lower petroleum prices. Fuel import prices led the decline, sliding by 5.6% to mark the biggest fall since February. This was driven by a 7.1% drop in petroleum prices, while prices for natural gas rose nearly 40%. Food, feeds, beverages and nonfuel industrial supplies all booked higher import prices, while those for automobiles fell. Write to Joshua Kirby at joshua.kirby@wsj.com; @joshualeokirby(END) Dow Jones NewswiresDecember 14, 2023 08:59 ET (13:59 GMT)Copyright (c) 2023 Dow Jones & Company, Inc.

Source: Wall Street Journal December 15, 2023 02:03 UTC