(RTTNews) - The Labor Department released a report on Friday showing U.S. import prices fell by much more than expected in the month of March. Compared to the same month a year ago, import prices were down by 4.6 percent in March, reflecting the largest 12-month drop since May 2020. He added, "A potentially stronger dollar and cuts to production by OPEC+ could offset some of the weakness but will not halt the import price disinflationary cycle."