US February import prices +0.4% vs -0.1% expected- Prior was +0.3% (revised to +0.4%)
- Import prices y/y +2.0% vs +1.6% expected (prior 1.9% revised to 1.8%)
- Export prices m/m +0.1% -0.2% expected
There are some inflation impulses here. This report is often ignored because imports/exports are a small part of the US consumption basket but with tariffs now front page news, it could attract some attention. USD/JPY rose to the highs of the day after this report and a strong housing starts number.
This article was written by Adam Button at www.forexlive.com.
Source: US February import prices +0.4% vs -0.1% expected (https://www.forexlive.com/news/us-february-import-prices-04-vs-01-expected-20250318/)
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