July 16, 2024 at 01:30PM
Prior import prices -0.4% m/m (revised to -0.2%)
Import prices y/y 0.0% vs +1.1% prior
Export prices m/m -0.5% vs -0.1% expected (prior -0.6%)
This is a low-tier release, particularly as this month’s edition comes after CPI and PPI. It shows falling price pressures but itwas released at the same time as a hot retail sales report.
This article was written by Adam Button at www.forexlive.com.
US June import prices 0.0% vs -0.1% expected