(Finance) – They are falling beyond expectations import-export prices USA in July 2022. According to the American Bureau of Labor Statistics, i import prices they recorded a negative variation on the month of 1.4%, after + 0.3% in June (data revised by a preliminary of + 0.2%), compared to the -1% expected by analysts. This is the first decline since December 2021.
On an annual basis, import prices recorded a positive change of + 8.8%. Net of imports of Petroleum prices recorded a -0.5% change over the month, the third consecutive monthly decline.
THE export prices reported a decrease of 3.3% on the month after the + 0.7% of the previous month (revised figure confirmed by the preliminary), higher than the consensus (-1.1%). This is the largest monthly decline since the index fell 3.5% in April 2020.
Over the year, the figure shows an increase of 13.1%. Net of agricultural products export prices on the month recorded a -3.3% on the month.