Ex- Petroleum -0.3% vs -0.1% expected.

  • import price index for November -1.6% versus -1.0%. Prior month +0.5%
  • import prices ex petroleum -0.3% versus -0.1% expected. Prior month 0.2%
  • import prices year on year +0.7% versus 1.3% expected. Prior month revised lower to 3.3% from 3.5%
  • export price index month on month, -0.9% versus -0.3% expected. Prior month revised to 0.5% from 0.4%
  • export prices year on year 1.8% versus 3.1% last month

Petroleum keeps import price low in the US. but even without the big declines, there is limited import price inflation despite tariffs.