The Traderszone Network

Published in TZ Latest News 13 July, 2016 by The TZ Newswire Staff

US June import prices 0.2% vs. 0.5% estimate

YoY -4.8% vs. -4.6% estimate. Ex food and fuel YoY -1.7% in June
The US import prices came in at 0.2% for the month of June.  This comes after a 1.4% increase in the prior month. However, YoY the price of imported goods are still down -4.8%.  This is up from -5.0% last month but lower than the -4.8% estimate.  Of course the data is still working off the sharp fall in energy going back a year.