- 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 November 15, 2016
Import prices improved 0.5% during October (-0.2% y/y) following a 0.2% September increase, revised from 0.1%. A 0.4% increase had been expected in the Action Economics Forecast Survey. These figures are not seasonally adjusted.
A 7.5% increase (4.5% y/y) in petroleum import prices led the rise in the overall price index, as it followed a 1.6% gain. Nonpetroleum import prices eased 0.1% (-0.4% y/y) after being unchanged. Prices for non-oil industrial supplies & materials declined 0.6% (-0.7% y/y) for the second straight month. Foods, feeds & beverage costs fell 0.6% (+4.0% y/y) after a 0.4% gain. Motor vehicle & parts prices improved 0.3% (0.0% y/y) after a 0.1% rise. Nonauto consumer goods prices rose 0.1% (-0.5% y/y), the first rise in five months. Capital goods prices declined 0.2% (-1.4% y/y) and reversed September's increase. Capital goods prices excluding computers, peripherals & semiconductors remained unchanged (-1.0% y/y) for a second month.
Export prices increased 0.2% (-1.1% y/y) following an unrevised 0.3% gain. No change had been expected.
A 0.4% increase (-3.0% y/y) in agricultural commodity prices led the increase in the overall index, as it followed three straight months of decline. Nonagricultural goods costs rose 0.2% (-0.8% y/y) following a 0.4% increase. Foods, feeds & beverage prices increased 0.3% (-2.8% y/y), also following three straight months of decline. Industrial supplies & materials costs rose 0.8% (-1.0% y/y) after a 1.3% increase. Motor vehicle & parts prices increased 0.2% (-0.7% y/y) while nonauto consumer goods prices fell 0.7% (-1.9% y/y) after a 0.2% rise. Capital goods prices eased 0.1% (-0.4% y/y), and have been little changed this year.
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, %)||Oct||Sep||Aug||Oct Y/Y||2015||2014||2013|
|Imports - All Commodities||0.5||0.2||-0.2||-0.2||-10.2||-1.1||-1.1|
|Exports - All Commodities||0.2||0.3||-0.8||-1.1||-6.3||-0.5||-0.4|