US April import prices +0.1% vs -0.4% expected

• Prior was -0.1% (revised to -0.4%)
• Export prices m/m +0.1%% vs -0.5% expected
• Prior was 0.0% (revised to +0.1%)
• Import prices y/y +0.1% vs +0.9% prior
• Export prices y/y +2.0% vs +2.4% prior

Higher prices for nonfuel imports more than offset lower prices for fuel imports in April.