- Prior import prices +1.9% (revised to +1.7%)
- Export prices -0.6% vs -0.4% expected
- Prior export prices +1.3% (prior revised to +1.2%)
The import number swings the other way from CPI and PPI, perhaps highlighting that inflation pressures aren’t going away. At the same time, oil prices are near the highs of the day with brent up @ now to $86.20 and WTI at $81.
The year-over-year import price rise of 7.1% was the highest since August 2022.
SOURCE LINK : US June import prices +0.3% vs -0.7% expected
