US January import prices +0.8% versus 0.0% expected
Thursday, 15 February 2024, 13:34
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- Prior import prices 0.0% (revised to -0.7%)
- Export prices +0.8% m/m vs -0.1% expected
- Prior export prices -0.9% (revised to -0.7%)
These numbers are hot but the pass-through to CPI is tenuous. I would suggest the BLS is struggling with seasonal adjustments.
This article was written by Adam Button at www.forexlive.com.This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.