Import, Export Rate Inflation Slows In September



Immediately after cooler-than-envisioned producer and consumer selling price inflation, import and export price growth also slowed markedly in September.

Export selling prices ended up unchanged in September (under expectations of a modest .2% Mom rise) and slowed notably YoY (+2.7% vs +2.9% exp and +3.5% YoY in August).

Nonetheless, import charges rose additional than predicted (up .5% Mom vs +.2% exp and up 3.5% YoY vs +3.1% exp).

This is the 3rd thirty day period of slowing trade inflation.

Import selling prices ex-food and gasoline rose 1% YoY in September, but we note that, soon after PCPI showed Used Car or truck costs slump, Automobile prices have been unchanged in September right after no improve in August. In addition, buyer merchandise rates fell .1% soon after no adjust in August.

Import costs from China have resumed their downturn, exporting deflation modestly to the world…

So these are the 3rd and 4th inflation prints this 7 days that supply The Fed an out on their hawkish path – will Powell get it?



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Import, Export Rate Inflation Slows In September

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