US import Process
US import prices rise by 0.9%
  • 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.

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A big spike in the import prices. Not good for the inflation picture.