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US import prices rise for the first time since June 2015

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Apr 12, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    US import price index registered its first rise since June 2015, but stayed in the negative territory in annualized terms.

    Import prices rose 0.2% m/m in March compared to 0.3% drop seen in February. In annualized terms prices crashed by another 6.2%. Import prices ex. food and fuels printed at -0.1% after +0.1% in Feb. It amount to 2.3% y/y drop as underlying deflation continued.

    Import prices rose from Canada, Mexico and Japan, but fell from the EU and China.
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