Investing.com - U.S. import prices rose less than expected in June, official data showed on Tuesday.
In a report, the U.S. Bureau of Labor Statistics said U.S. import prices increased by a seasonally adjusted 0.1% last month, compared to forecasts for a 0.3% gain.
Import prices for May were revised up to a gain of 0.3% from a previously reported increase of 0.1%.
Following the release of the data, the U.S. dollar held on to gains against the euro, with EUR/USD shedding 0.04% to trade at 1.3614.
Meanwhile, the outlook for U.S. equity markets was modestly higher. The Dow futures indicated a gain of 0.15%, the S&P 500 pointed to a rise of 0.1%, while the Nasdaq 100 indicated an increase of 0.1%.