US Import Price Index in August -1.0% m/m vs -1.2% expected

  • Before was -1.4% (revised to -1.5%)
  • Export prices -1.6% vs -1.2% expected
  • Prior Export Prices -3.3% m/m (revised to -3.7%)

This is the lowest level inflation reading. It was higher than expected, but considering the review, it’s a negligible failure.

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