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Inflation watch: High oil prices boost the cost of imports again. How long will the pain last?

The cost of imported goods rose sharply in March for the third month in a row, heralding further increases in U.S. inflation in the next few months, mostly due to higher oil prices.

This article was originally published by MarketWatch and is republished here under license.

The cost of imported goods rose sharply in March for the third month in a row, heralding further increases in U.S. inflation in the next few months, mostly due to higher oil prices.

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