US September import prices -0.4% versus -0.2% estimate

• Prior month import prices -0.3% revised to -0.2%
• US import prices MoM -0.4% versus -0.2% expected
• US export prices MoM -0.7% versus -0.4% expected
• Previous export prices revised to -0.9% from -0.7%
• Import prices year on year -0.1% which was the first 12 month drop since February 2024
• Export prices fell -2.1% year over year. That was the largest 12- month increase since January 2024.

This article was written by Greg Michalowski at www.forexlive.com.