US November import price index -0.6% vs -0.5% expected

• Prior month import prices fell -0.2% (revised to -0.4%). Export prices fell -0.3% (revised to -0.4%)
• import prices -0.6% versus -0.5% expected
• export prices -0.3% versus -0.4% expected
• import prices year on year +2.7% versus +4.2% last month
• petroleum import prices -3.3% versus -2.2% last month
• nonpetroleum import prices -0.3%

Import prices have been down for five straight months indicative of some of the inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term cooling pressures seen in the US. Yesterday CPI in the US came in weaker than expected at +0.1% versus 0.3% expected. The monthly average of the last five months for CPI has been 0.2% which if annualized would be more in line with the feds target of around 2% (give or take).

The YoY has moved down from 13% in March.