Higher oil prices drive up US import costs

Published March 13, 2013 12:32pm ET



WASHINGTON (AP) — Prices paid by U.S. importers rose in February for the second straight month, pushed up by higher oil prices.

The Labor Department says import prices rose 1.1 percent in February after a 0.6 percent gain the previous month. Fuel imports jumped 4.9 percent. Excluding fuel, import prices were flat.

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