Investing.com - U.S. import and export prices rose in January, official data showed on Friday.
In a report, the U.S. Bureau of Labor Statistics said import prices increased by a seasonally adjusted 1.0% last month.
Economists were looking for a 0.6% increase.
Import prices had risen by 0.2% in December, revised from an initial 0.1% advance.
Meanwhile, export prices increased by a seasonally adjusted 0.8% in January.
Analysts had forecast a 0.3% gain.
That followed a 0.1% gain a month earlier that was revised from an initial decline of 0.1%.