Economic Collapse

[basserdan]

8:30a Import/Export Prices
Import Prices - M/M 0.0% actual vs 2.9% (rev) prior
Import Prices - Y/Y 12.0% actual vs 12.5% prior
Export Prices - M/M 0.6% actual vs 4.1% (rev) prior
Export Prices - Y/Y 18.0% actual vs 18.8% prior

Consensus Outlook
Import prices are expected to rise 0.6 percent on the month in April with export prices seen up 1.0 percent. In March, a month inflated by fuel, import prices posted a 2.6 percent jump with export prices, driven by soybeans, wheat, corn and meat, surging a monthly 4.5 percent.

Definition
Import price indexes are compiled for the prices of goods that are bought in the United States but produced abroad and export price indexes are compiled for the prices of goods sold abroad but produced domestically. These prices, which exclude tariffs and taxes, measure underlying inflationary trends in internationally traded products.