With fuel prices offset higher fuel prices, the Labor Department issued a report on Thursday showed that u.s. import prices were unexpectedly flat in August.
The report said import prices unchanged in August, after ticking up by 0.1 percent in July. Economists had expected import prices to rise by about 0.5 percent.
Fuel import prices showed increased a relatively modest 0.5 percent in August after rising higher than the 1.8 percent in the previous month.
The Ministry said the work was partly increased 0.8 per cent in the price of oil down 9.0 percent in natural gas prices.
On the other hand, the report stated that non-fuel import prices declined for the sixth consecutive month, dropping by 0.2 percent in August after slipping 0.4 percent in July.
Led the fall in the price of non-industrial fuel supplies and materials and finished goods drop in non-fuel import prices.
Meanwhile, the Labor Department reported export prices fell by 0.5 percent in August after falling 0.1 percent the previous month. He expected export prices edge up 0.1 percent.
The continuing decline in export prices in August was partly due to the low rate of 4.3 per cent in agricultural export prices.
Low rate of 15.9 percent in the price of soybeans, down 14.5 percent in corn prices led the August decline in agricultural commodity prices.
Non-agricultural export prices rose down by 0.1 percent in August, as falling prices of finished goods offset the increase in prices for non-agricultural industrial supplies and materials.
Compared with the same month of last year, import prices fell by 0.4 per cent in August. Export prices fell at an annual rate of 1.1 percent.
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