US import price index +0.2% m/m vs -0.1% m/m expected
US import/exports price data
- Prior was -0.9% (revised to -1.1%)
- Import prices ex petroleum 0.0% vs -0.1% expected
- Import prices -1.8% y/y vs -2.0% expected
- Export price index +0.2% vs -0.1% expected
- Export price index -0.9% y/y vs -1.6% y/y prior
The US isn't importing any cost pressures. This is a low tier report and isn't going to have any impact on markets, especially with the wild moves we're seeing today.