US July import/export price indices now out 15 Aug
- -0.2% prev
- ex-petrol yy 0.0% vs 0.1% exp/prev
- yy 1.5% vs 1.5% exp/prev
- export price index mm 0.4% vs +0.2% exp vs -0.2% prev
- yy 0.8% vs -0.6% prev
Nothing really to see here as a guide to inflation. All fairly subdued but export prices a tad firmer.
The Import Price Index measures the change in the price of imported goods and services purchased domestically.
USDJPY higher at 110.75 on stronger US retail data. EURUSD testing 1.1700. GBPUSD testing 1.2850. AUDUSD also on fresh session lows of 0.7814
EURGBP down to 0.9100 with option expiries in play there at 14.00 GMT
US Import price index