US import and export prices

  • Prior was -1.7% y/y (revised to -1.6%)
  • Import prices ex petroleum +0.1% vs -0.1% m/m expected
  • Import prices +0.6% m/m vs +0.3% expected
  • Prior import prices -0.5% (revised to +0.1%)
  • Export price index +0.6% vs +0.1% expected
  • Export price index +0.3% y/y vs -0.2% prior

The numbers are all on the high side in a slight indication of imported price pressures but in the bigger picture, inflation is low so this isn't going to get any attention.