Details from the April 2015 US import & export prices report 13 May 2015

  • Prior -0.3%. Revised to -0.2%
  • -10.7% vs 10.5% prior y/y
  • Export prices -0.7% vs +0.1% exp m/m. Prior +0.1%
  • -6.3% vs -6.7% prior y/y

Don't be looking here for any inflation pressure as you won't find any

Naturally the dollar strength makes imports cheaper but export prices now look like they are feeling the pinch too

The focus may be on retail sales but these figures are going to be flashing red at the Fed

US import/export prices y/y