US August import prices +0.5% vs +0.3% m/m expected

<ul><li><a href="https://www.forexlive.com/news/us-import-prices-for-july-fell-by-14-vs-10-estimate-20220812/" target="_blank" rel="follow">Prior </a>was +0.4% (revised to +0.1%)</li><li>Export prices +1.3% vs +0.4% expected</li><li>Prior was +0.7% (revised to +0.5%)</li></ul><p>Year over year:</p><ul><li>Import prices -3.0% vs -8.8% prior</li><li>Export prices -5.5% vs -13.1% prior</li></ul><p>These are inflationary numbers but the passthrough to CPI isn't always straightforward. The deflationary comps are also running off in the y/y data.</p>

This article was written by Adam Button at www.forexlive.com.