- 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.
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