- Korea: GDP (Q4); Thailand Auto Sales (Feb)
- Turkey: Capacity Utilization, Business Tendency survey (Mar); South Africa: Tourism & Migration (Jan), Manufacturing Survey (Q1)
- Croatia: Tourism (Jan); Montenegro: Foreign Trade (Feb); Czech Republic: CPI by COICOP (Feb), Registered Employment (Q4); Kazakhstan: Loans & Deposits (Feb); Slovenia: Business Cycle Indicators (Mar); Russia: Employment by Industry (Q4);
- more updates...
Economy in Brief
Texas Factory Sector Activity Remains Strong
The Dallas Fed indicated in its Texas Manufacturing Outlook Survey that the General Business Activity Index eased during March...
EMU Money and Credit Growth Are Less Than Impressive Than Euro-PMIs
EMU nominal money supply growth is slightly higher over three months, but credit growth in the EMU is slower...
Durable Goods Orders Strengthened by Another Jump in Aircraft
New orders for durable goods rose 1.7% (5.0% y/y) during February...
Correction to Unemployment Insurance Weekly Claims
The Department of Labor has issued a correction to yesterday's annual revision to seasonally adjusted weekly unemployment claims...
EMU PMIs Are Off to the Races...Farewell Mediocrity?
The PMI rankings for the manufacturing and service sector PMIs in the EMU are suddenly off the chart...
U.S. New Home Sales Improve While Prices Decline
Sales of new single-family homes increased 6.1% (12.8% y/y) during February to 592,000 units (AR)...
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|