US import prices dip slower than expected in September

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Oct 9, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    FXStreet (Mumbai) - The US government report on Friday showed the import prices fell by a seasonally adjusted 0.1% in September, which is much smaller than the expected 1.6% fall.

    The core import price index, which excludes fuel, dropped 0.3%. Meanwhile, on annualised terms the import prices dropped 10.7% mainly due to lower oil prices and a stronger US dollar. Annualised core import prices declined 3.1%.
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