Import prices fell 0.2 percent in March, after increasing 1.4 percent over the previous 3 months. Prior to the March downturn, import prices trended up over most of the past 12 months, advancing 4.2 percent between March 2016 and March 2017. In contrast, import prices fell 6.1 percent for the previous 12-month period.
Prices for U.S. exports rose 0.2 percent in March, continuing an upward trend since the index last fell on a monthly basis in August. Higher prices for agricultural exports and nonagricultural exports each contributed to the advance in March. U.S. export prices also increased over the past year, rising 3.6 percent for the year ended in March. That matched the 12-month advance recorded in December 2011 and was the largest over-the-year increase since the index rose 4.8 percent in November 2011.
UK still likely to leave the EU with a negotiated agreement, says Number 10
Sentix Investors Confidence rose to 14.7 in August
German factory orders -4.0% seasonally adjusted on the previous month
China's July exports growth still seen holding up despite U.S. tariffs: Reuters poll
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