USA: import prices down 0.4% in May

(CercleFinance.com) - Import prices in the USA fell by 0.
4% in May compared with the previous month (and are perfectly stable excluding petroleum products).

At the same time, export prices fell by 2.1% (and -2.1% excluding foodstuffs), according to the Labor Department.

Over 12 months, i.e. between May 2023 and May 2024, US import prices rose by 1.1% (+0.5% excluding petroleum products) and export prices rose by 0.6% (+1.5% excluding foodstuffs).

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