8.3 C
New York
Thursday, March 28, 2024

Export Prices Surge Ahead Of Imports, Highest Inflation Since Nov 2011

Courtesy of ZeroHedge. View original post here.

US export price growth (+3.8% YoY) has now accelerated faster than import prices (+3.3% YoY) as April printed well below expectations of a 3.9% YoY gain).

  • Import Price MoM +0.3% vs +0.5% exp.

  • Export Price MoM +0.6% vs +0.5% exp.

  • Import Price YoY +3.3% vs +3.9% exp.

  • Export Price YoY +3.8%

This is the fastest export price growth since Nov 2011..

So the US is importing deflation and exporting inflation with China import prices deflating modestly in the last month…

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

157,452FansLike
396,312FollowersFollow
2,280SubscribersSubscribe

Latest Articles

0
Would love your thoughts, please comment.x
()
x