Import and export prices from the Bureau of Labor Statistics
– Prior was -0.3% (revised to -0.1%)
– Ex-petroleum +0.1% vs +0.0% exp
– Prior ex-petroleum 0.0% (unrevised)
This revisions are the star of the show here and the y/y numbers demonstrate how they’ve pushed up prices. However, some positive factors rolled off the y/y roll and that will