Export prices +1.3% versus 0.3% estimate. This was the largest monthly increase since the index advanced 2.7% in May 2022. Export prices have not declined since September 2024
Import prices 0.3% versus 0.4% estimate. This was the largest one-month rise since April 2024
Prior month import prices 0.1% revised to +0.2%
Import prices year on year 1.9% versus 2.3% last month
Export prices rose 2.7%, the largest 12 month advanced since the year ended December 2022
This article was written by Greg Michalowski at www.forexlive.com.
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