import prices
Import prices falls
  • US import versus -0.6% versus -0.1% expected. The prior month was revised higher to 0.2% from -0.1% previously reported
  • US export prices -0.3% versus -0.1% expected. The prior month was revised higher to 0.4% from 0.2% previously reported
  • import prices a year on year -4.6% versus -1.0% last month. That is the largest YoY decline since the index fell -6.3% in May 2020
  • the import price decline was the largest 1-month decline since November 2022.
  • Import fuel prices declined 2.9 percent in March following a 5.7-percent drop the previous month.
  • Import prices for finished goods -0.3% which was the largest monthly decline since June 2022. Consumer goods fell -0.3%  YoY the first YoY decline since July 2020
  • Export prices declined for the first month since December 2022  
  • Prices for US exports decreased -4.8% for the year which is the largest decline since -6.7% in May 2019 and May 2020.

The number is another good inflation number.

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