US import prices for April 0.9% vs 0.3% estimate

Prior month import prices 0.4% MoM revised to 0.6%. Prior month export prices 0.3% MoM revised to 0.1%Import prices for April 0.9% vs 0.3% estimateExport prices for April 0.5% vs 0.4% estimateImport prices for April 1.1% vs 0.4% last month. Highest since December of 2022Export price YoY -1.0% vs -1.1% estimate.For the full report CLICK HEREA big spike in the import prices. Not good for the inflation picture. This article was written by Greg Michalowski at www.forexlive.com.

US import prices for April 0.9% vs 0.3% estimate
  • Prior month import prices 0.4% MoM revised to 0.6%.
  • Prior month export prices 0.3% MoM revised to 0.1%
  • Import prices for April 0.9% vs 0.3% estimate
  • Export prices for April 0.5% vs 0.4% estimate
  • Import prices for April 1.1% vs 0.4% last month. Highest since December of 2022
  • Export price YoY -1.0% vs -1.1% estimate.

For the full report CLICK HERE

A big spike in the import prices. Not good for the inflation picture. This article was written by Greg Michalowski at www.forexlive.com.