- US: Advance Trade & Inventories (Feb)
- Sweden: Retail Trade, PPI, International Trade (Feb); Iceland: CPI (Mar)
- Turkey: International Reserves (Feb); Mauritius: Wage Rate Index, LFS (Q4); Saudi Arabia: Non-Oil Foreign Trade (Jan); Palestine: BOP (Q4); UAE: Fuel Prices (Apr); Israel: Construction Starts & Completions (Q4); South Africa: Construction Survey (Q1); Tanzania: Trade (Q4)
- Brazil: PPI (Feb)
- 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 October 13, 2016
Import prices notched 0.1% higher (-1.1% y/y) during September following an unrevised 0.2% August decline. The increase matched expectations in the Action Economics Forecast Survey. These figures are not seasonally adjusted.
A 1.2% increase in petroleum import prices (-2.4% y/y) led the rise in the overall price index, as it followed a 3.0% decline. Nonpetroleum import prices remained unchanged (-0.8% y/y) for the second straight month. Prices for non-oil industrial supplies & materials declined 0.6% (-1.0% y/y), and reversed the prior month's rise. Foods, feeds & beverage costs gained 0.6% (1.3% y/y) after a 0.9% drop. Motor vehicle & parts prices improved 0.2% (-0.5% y/y) following two months of decline. Nonauto consumer goods prices remained unchanged (-0.5% y/y) after falling for three months. Capital goods prices improved 0.1% (-1.5% y/y), the first increase since June 2014. Capital goods prices excluding computers, peripherals & semiconductors also increased 0.1% (-1.2% y/y) for a second month.
Export prices increased 0.3% (-1.5% y/y) following an unrevised 0.8% decline. A 0.1% dip had been expected.
A 0.4% increase (-1.4% y/y) in nonagricultural commodity prices led the rise in the overall index, as it followed a 0.6% decline. Agricultural goods costs fell 1.0% (-3.2% y/y), down for the third straight month. Foods, feeds & beverage prices declined 0.9% (-2.6% y/y) following a 3.7% fall. Industrial supplies & materials costs rebounded 1.2% (-2.7% y/y), and recovered the August drop. Nonauto consumer goods prices improved 0.2% (-1.3% y/y) after a 0.2% decline. Capital goods prices remained unchanged (-0.6% y/y) following two months of decline. Motor vehicle & parts prices improved 0.1% (-1.1% y/y) after a 0.6% drop.
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, %)||Sep||Aug||Jul||Sep Y/Y||2015||2014||2013|
|Imports - All Commodities||0.1||-0.2||0.1||-1.1||-10.2||-1.1||-1.1|
|Exports - All Commodities||0.3||-0.8||0.2||-1.5||-6.3||-0.5||-0.4|