According to a report by the U.S. Department of labor, the price of U.S. imports in September rose 0.7% compared with the previous month, after rising 0.6% in August.
Analysts had forecast September growth figure at 0.6%.
Over the past 12 months, import prices increased by 2.7%.
Prices for U.S. exports last month rose 0.8% after increasing 0.7% in August (revised from +0.6%).
Over the past 12 months, export prices increased by 2.9%.