- +0.7% vs +1.4% expected
- Export prices +0.9% vs +0.4%
Petroleum import prices up 4.1% after a 2.1% decline in July. The decline in non-petroleum imports was the steepest since Nov 2009.
There is some talk the inflation worries will keep the Fed from easing but this report underscores that any external inflation is purely energy-related.
