US import prices down -0.2% mom in Jun, export prices down -0.9% mom

<p>US import prices fell -0.2% mom in June, below expectation of -0.1% mom. Import prices have fallen in 5 of the first 6 months of this year. For the year, import prices fell -6.1% yoy, largest annual decline since May 2020. Lower nonfuel prices (-0.4% mom) more than offset higher fuel prices (0.8% mom). Export […]</p>
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