In the 12 months through November, import prices rose 2.7%, the smallest gain since January 2021, after rising 4.1% in October.
The government reported on Tuesday that consumer prices increased moderately in November.
The Federal Reserve, in the midst of its fastest rate hike cycle since the 1980s, is expected to raise its policy rate by 50 basis points later on Wednesday, breaking a series of four consecutive 75-point hikes. basic.
Imported fuel prices fell 2.8% last month after falling 2.7% in October. Oil prices fell 3-3%, while the cost of imported food rose 1.8%.
Excluding fuel and food, import prices fell 0.6%.
