FX.co ★ US Import Prices Edge Up 0.1% in December

US import prices edged up 0.1% month-over-month in December 2025, matching market expectations, as higher prices for non-fuel goods offset a decline in energy costs. Excluding fuels, import prices rose 0.2%, and prices excluding petroleum advanced 0.4%. Increases were broad-based, with foods, feeds, and beverages up 0.5%; industrial supplies and materials up 0.4%; automotive vehicles and parts up 0.2%; and consumer goods excluding autos up 0.4%. These gains were partially offset by a 0.8% decline in fuels and lubricants, led by a 3.3% drop in petroleum and petroleum products. On an annual basis, import prices were flat in December, following a 0.1% year-on-year increase in November.