May 2015 US import price 1.3% vs 0.8% exp m/m

Details of US import and export prices data report 11 June 2015

• Prior -0.3%
• -9.65 vs -10.0% exp y/y. Prior -10.7%. Revised to 10.5%
• Export prices 0.6% vs 0.2% exp m/m. Prior -0.7%

Oil helped import prices higher with petroleum reversing 10 months of falls to show the biggest gain since 2009. The stronger dollar is keeping a lid on export prices, though they are up too