The April US import/export price report

import-price-index
  • Import price index m/m+0.2% vs +0.7% m/m expected
  • Import price index -0.2% vs +0.3% y/y expected
  • Export price index +0.2% vs +0.6% m/m expected

Big misses here. This may reflect (at least partly) the slowdown in the global economy. The talk from Trump about