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US April import prices 0.0% m/m vs +0.6% expected

Started by forex4you, May 13, 2022, 08:12 pm

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May 13, 2022, 08:12 pm
US April import prices 0.0% m/m vs +0.6% expected

Prior +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

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