Replies to post #634698 on *SCALPSWINGSTRADDLE* ($$$)

[Zephyr]

Import and Export Prices = more than expected
Released On 4/10/2014 8:30:00 AM For Mar, 2014
Prior Prior Revised Consensus Consensus Range Actual
Export Prices - M/M change 0.6 % 0.7 % 0.3 % -0.3 % to 0.6 % 0.8 %
Export Prices - Y/Y change -1.3 % 0.2 %
Import Prices - M/M change 0.9 % 0.9 % 0.2 % -0.2 % to 0.9 % 0.6 %
Import Prices - Y/Y change -1.1 % -0.6 %
Highlights
There seems to be a little pressure appearing in import & export prices with import prices up 0.6 percent in March and up 0.3 percent when excluding fuels. A 0.3 percent rise doesn't sound like much but it is the second 0.3 percent gain in three months. Year-on-year rates remain in the negative column at minus 0.6 percent overall, but here again the reading is up from minus 1.1 percent in the prior month.

Export prices are also moving up, at plus 0.8 percent in the month following an upward revised 0.7 percent gain in the prior month. Agricultural prices rose 2.7 percent but even when agricultural prices are excluded, export prices are up 0.5 percent.

Looking back at import prices shows pressure for non-petroleum industrial supplies and nondurable industrial supplies. Industrial supplies are also showing pressure on the export side.

Despite the pressures, prices for finished goods remain soft showing little to no change on either the import or export sides. Today's report points to a little pressure for inputs in what would be welcome pressure given policy-maker concerns over low inflation rates.