Import-export prices from the United States

  • Prior was -1.0%
  • Ex petroleum -0.7% vs -0.1% expected
  • Import prices -1.7% y/y vs -1.6% expected
  • Export prices -0.6% vs -0.1% exp
  • Export price index -0.2% y/y vs +1.1% prior

Plenty of deflation in the pipeline, even excluding the fall in energy prices.