- Prior was +0.5% (revised to +0.6%)
- Export prices +0.7% vs +0.5% expected
- Prior was +1.3% *(revised to +1.1%)
Year over year:
- Import prices -1.7% vs -3.0% prior
- Export prices -4.1% vs -5.5% prior
The PPI and CPI reports were both hot this week, pushing yields higher. This is something of a reprieve but it's the least-important inflation metric.
