January 2017 US import prices 0.4% vs 0.2% exp m/m

Details of the January 2017 US import and export prices data report 10 February 2017

• Prior 0.4%. Revised to 0.5%

• 3.7% vs 3.4% exp y/y. Prior 1.8%. Revised to 2.0%
• Ex-petroleum 0.0% vs -0.2% prior m/m. Revised to -0.1%
• Export prices 0.1% vs 0.1% exp m/m. Prior 0.3%. Revised to 0.4%

It's not a shock to see what's been driving prices mainly. Petroleum prices are up 60.9% y/y.

Import prices y/y