Export price index 0.0% versus 0.2% expected
The highlights of the US import and export price indices for September:
- US import price index for September rose by a greater than expected 0.5% versus 0.2% expected. The prior month was revised to -0.4% from -0.6 previously
- export price index came in unchanged at 0.0% versus 0.2% expected. Prior month was revised lower to -0.2% from -0.1%
- import prices year on year rose by a greater than expected 3.5% versus 3.1% expected, but was lower than the prior months 3.8% (revised from 3.7%)
- export prices year on year rose by 2.7% versus 2.9% expected. This was lower than the 3.5% from the prior month (revised from 3.6%)
- import Price Index ex-petroleum month on month came in unchanged versus -0.1% expected (last month -0.2%)
- Import prices ex-food and fuel rose 1% y/y
- import prices for foods, feeds and beverages rose 2% M/M most since July 2016
- capital goods prices unchanged after falling -0.1% in August
- auto prices unchanged after no change in August
- consumer goods prices fell -0.1% after 0.0% in August
