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Import Prices Jump 0.5% Led by Fuel, Export Prices Flat but Ag Prices Down 1.4%

by Mike ‘Mish’ Shedlock
Mish Talk

Import prices jumped 0.5% while export prices were flat. The inflation hawks will yap. So will Trump about soybeans.

The BLS provides this synopsis of Import and Export Prices for September.

Prices for U.S. imports increased 0.5 percent in September, the U.S. Bureau of Labor Statistics reported today, after declining 0.4 percent in August and 0.1 percent in July. The September advance was led by higher fuel prices. U.S. export prices recorded no change in September following declines of 0.2 percent and 0.5 percent the previous 2 months.

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