US April import prices 0.0% m/m vs +0.6% expectedPrior +2.6% (revised to +2.9%)Export prices +0.6% m/m vs +0.7% expectedImport prices +12.0% y/yPrior import prices +12.5% y/y (revised to +13.0%)The monthly number is a sign that the stronger US dollar may be dampening import inflation, though some of that is mitigated by the revision higher in the prior.
Source: US April import prices 0.0% m/m vs +0.6% expected (https://www.forexlive.com/news/us-april-import-prices-00-mm-vs-06-expected-20220513/)
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