- Prior month import prices 0.1%
- US import prices Y/Y 2.2% vs 1.3% prior
- US export prices M/M 0.3% vs 0.2% expected and 0.0% prior
- US export prices Y/Y 1.8% vs 0.8% prior
Import prices feed into PCE price index calculations and they’ve been tame as well, so that should further ease concerns around inflation for the time being.
This article was written by Giuseppe Dellamotta at www.forexlive.com.
Related Articles
Westpac on the Australia dollar: “The exchange rate and the big pivot”
An extended note from Luci Ellis, Chief Economist Westpac Group, Westpac.In brief:A...
TD remains bullish on the USD
TD say the U.S. dollar is expected to maintain a strong performance...
Forexlive Americas FX news wrap 16 Jan: Feds Waller more dovish. Retail sales solid.
A down day for the major US indicesBiden Administration does not plan...
Wells Fargo revises Fed rate cut forecast amid labor market resilience
Wells Fargo has adjusted its outlook for Federal Reserve policy, citing stronger-than-expected...
Leave a comment