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US Import Prices declined by 0.2%

Tuesday, Jul 18 2017
US Import Prices declined by 0.2%

Import prices declined 0.2 percent in June. For the second consecutive month the decline was  driven by lower fuel prices. Despite the monthly decrease in June, the price index for U.S. imports rose 1.5 percent over the past 12 months. The last over-the-year decline in import prices was a 0.2-percent decrease for the 12-month period ended in October.

Prices for U.S. exports fell for a second consecutive month in June, declining 0.2 percent.Falling prices for agricultural exports drove the decrease as nonagricultural export prices recorded no change. U.S. export prices increased over the past year, advancing 0.6 percent. The price index for U.S. exports has not recorded a 12-month decline since a 0.2-percent fall in November.

More in this category: « Economic Sentiment for Germany and Eurozone in line with market expectations MI Leading Index down by 0.1% »

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