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US December import price index +0.4% m/m vs -0.9% expected

US December import price index +0.4% m/m vs -0.9% expected
  • Prior imports -0.6% m/m
  • Imports +3.5% y/y vs +2.7% prior
  • Exports -2.6% vs -0.5% expected
  • Prior exports -0.3% m/m
  • Non-petroleum import prices +0.8% m/m

This a lower tier indicator but a bit of a surprise, especially given the narrative about falling inflation.

This article was written by Adam Button at www.forexlive.com... Read More
Posted: Jan 13 2023, 13:30
Author Name: forexlive
Views: 112084

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