US October import price index -0.2% m/m vs -0.4% expected

• Import prices -0.2% vs. -0.4% estimate
• Prior was -1.2%
• export prices mom -0.3% vs. -0.4% estimate
• import prices year on year 4.2% vs. 6.0% last month
• US non-fuel import prices -0.1% vs -0.5% prior. Year on year +2.9% vs +3.7% prior
• petroleum import prices -1.2% vs. -7.5% last month

US import prices have been down for four straight months, highlighting 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 pressure in the pipeline. But this report is overshadowed by today's strong retail sales numbers.