US December import costs MoM zero.1% vs zero.1% anticipated
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- Prior month import costs zero.1%
- US import costs Y/Y 2.2% vs 1.three% prior
- US export costs M/M zero.three% vs zero.2% anticipated and zero.zero% prior
- US export costs Y/Y 1.eight% vs zero.eight% prior
Import costs feed into PCE worth index calculations and so they’ve been tame as properly, so that ought to additional ease considerations round inflation in the interim.
This text was written by Giuseppe Dellamotta at www.ubaidahsan.com.
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