US import prices rose 0.3% in June 2026, defying expectations of a 0.7% decline. Annual gains hit 7.1%, the highest since August 2022, complicating the Fed

WASHINGTON, July 17 : U.S. import prices unexpectedly rose in June as declines in the costs of food and energy products were more than offset by higher prices for capital and…

Import prices were up 0.3% for the month, as a drop in energy was more than offset by increases elsewhere.