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US import prices for April 0.4% vs 0.3% estimate

Prior month -0.6% revised to -0.8%Import prices 0.4% vs 0.3%. This was the first increase since December.Export price 0.2% vs 0.2% expected.Prior month export prices revised from -0.3% to -0.6%Import price highlights:Import prices declined 4.8% on a 12-month basis, largest drop since May 2020.Fuel Imports: Prices rose 4.5% in April, first monthly increase since June 2022; fell 25.9% over the past year.Import petroleum prices advanced 5.7% in April, declined 25.7% from April 2022 to April 2023.Im... Read More

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Posted: May 12 2023, 12:30

Author Name: forexlive

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