
U.S. Retail Sales, Fed Outlook, and Import Costs Paint Mixed Picture for Traders
Import price firm led by fuel and industrial goods US import price index In July, there was an increase of 0.4%, reversing a two -month fall. Fuel import prices led the increase with 2.7%monthly gain – petroleum 2.4%, natural gas up to 4.7%. Nonphine import prices have upgraded 0.3%, which reflect high costs for industrial…