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US import prices drop for 18-month in a row

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Mar 11, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The data released in the US showed import prices dropped 18th month in a row, the longest deflationary streak since 1999.

    Feb import prices printed at -0.3% after -1.0% reading in Jan, maintaining its downward trend that puts the annualized decline at -6.1%.

    Import prices ex. food and fuels came-in at +0.1% after 0.1% drop in Dec. For core import prices, this was the first rise since May 2014.
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