Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!

Import & Export Prices Languish Inj Deflation For 10th Straight Month

Courtesy of ZeroHedge View original post here.

With the dollar plunging, one could be forgiven for thinking import and export prices would be rising fast, but according to the latest data from the Bureau of Labor Statistics, both continue to languish in annual deflation.

  • Import prices rose 0.1% MoM (less than the expected 0.3% rise) leaving YoY at -1.0% (worse than the -0.9% expected)

  • Export prices rose more than expected at +0.6% MoM pushing the YoY change up from -1.6% to -1.1%

Source: Bloomberg

That is the 10th straight month of deflation for both import and export prices.

However, core import prices (ex-food and fuel) rose 1.6% y/y in November…

Source: Bloomberg


Do you know someone who would benefit from this information? We can send your friend a strictly confidential, one-time email telling them about this information. Your privacy and your friend's privacy is your business... no spam! Click here and tell a friend!





You must be logged in to make a comment.
You can sign up for a membership or get a FREE Daily News membership or log in

Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!