- China: Industrial Profits (Mar); Philippines: Tourist Arrivals (Feb); Korea: GDP (Q1)
- New Zealand: Tourism Expenditure, International Reserves, RBNZ Analytical Accounts and Statistical Balance Sheet (Mar); Australia: Import and Export Price Indexes (Q1)
- Japan: Input Output Prices, International Trade, Lease Contracts (Mar), First 10 Days Trade (Apr)
- France: INSEE Household Survey (Apr), Registered Unemployed & Job
- more updates...
Economy in Brief
U.S. Gasoline Prices Are Little-Changed; Crude Oil Falls
Regular gasoline prices of $2.45 per gallon last week (13.3% y/y)...
Japan's METI Indexes Show Ongoing Gains
The services sector is assessed by the METI indexes where it is named the 'tertiary sector.' That sector index rose to 104.1 in February...
U.S. New Home Sales & Prices Strengthen
Sales of new single-family homes increased 5.8% (15.6% y/y) during March to 621,000...
U.S. Consumer Confidence Backpedals
The Conference Board Consumer Confidence Index fell 3.7% during April (+27.0% y/y) to 120.3...
U.S. FHFA House Price Index Regains Strength
The FHFA U.S. house prices increased 0.8% during February (6.5% y/y)...
French Manufacturing and Service Sectors Weaken But Stay on Trend or Hold Recent Gains
The French manufacturing sector trend index is down to 1 in April from 3 in March...
by Tom Moeller September 14, 2016
Import prices eased 0.2% during August (-2,2% y/y) following an unrevised 0.1% July gain. The rise compared to expectations for no change in the Action Economics Forecast Survey. These figures are not seasonally adjusted.
A 2.8% decline in petroleum import prices (-12.9% y/y) held back the overall import price index. Nonpetroleum import prices remained unchanged (-0.9% y/y) after a 0.5% increase. Prices for non-oil industrial supplies & materials increased 0.6% (-1.0% y/y) following a 2.2% jump. Foods, feeds & beverage costs declined 0.5% (+0.6% y/y) after a 3.1% surge. Motor vehicle & parts prices fell 0.2% (-0.8% y/y) for a second straight month. Nonauto consumer goods prices eased 0.1% (-0.4% y/y), down for the fifth month in the last six. Capital goods prices remained unchanged (-1.8% y/y), and they have been falling since 2013. Capital goods prices excluding computers, peripherals & semiconductors increased 0.2% (-1.1% y/y) following no change.
Export prices declined 0.8% (-2.4% y/y) following an unrevised 0.2% rise. No change in prices had been expected.
Nonagricultural commodity prices declined 0.4% (-2.2% y/y) following a 0.2% increase. Agricultural goods costs fell 3.4% (-3.5% y/y) following a 0.3% dip. Foods, feeds & beverage prices declined 3.5% (-2.9% y/y) following a 0.4% fall. Industrial supplies & materials costs were off 1.2% (-5.1% y/y), the first decline in six months. Nonauto consumer goods prices eased 0.1% (-1.5% y/y) after a 0.5% increase. Capital goods prices slipped 0.1% (-0.7% y/y), down for the third straight month. Motor vehicle & parts prices fell 0.5% (-1.1% y/y) following no change.
The import and export price series can be found in Haver's USECON database. Detailed figures are available in the USINT database. The expectations figure from the Action Economics Forecast Survey is in the AS1REPNA database.
|Import/Export Prices (NSA, %)||Aug||Jul||Jun||Aug Y/Y||2015||2014||2013|
|Imports - All Commodities||-0.2||0.1||0.7||-2.2||-10.2||-1.1||-1.1|
|Exports - All Commodities||-0.8||0.2||0.7||-2.4||-6.3||-0.5||-0.4|