US international trade balance for April -$87.1B vs -$89.5B estimate

• Prior report
• international trade balance $-87.2 billion vs. $-89.5 billion estimate. The prior report was revised to $-107.7 billion from $-109.8 billion
• goods trade balance $-107.74 billion. Services surplus $20.66 billion
• oil import price $94.99 vs. March $87.20
• exports +3.5% vs. March is +4.9%
• imports -3.4% vs. March is +9.6%
• exports $252.62 billion vs. $244.11 billion last month
• imports $339.7 billion vs. $351.76 billion last month
• capital good imports $71.68 billion vs. $74.26 billion last month
• China trade deficit -$30.57 billion vs. $-34.00 billion last month

Exports continue to expand despite the higher dollar. Imports declined however. Trade data can be influenced by reporting issues.

/inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term