- 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 December 13, 2016
Import prices slipped 0.3% during November (-0.1% y/y) following a 0.4% October increase, revised from 0.5%. A 0.4% decline had been expected in the Action Economics Forecast Survey. These figures are not seasonally adjusted.
A 4.7% decline (+2.4% y/y) in petroleum import prices led the fall in the overall import price index, as it followed a 7.3% jump. Nonpetroleum import prices were unchanged (-0.2% y/y), and have been for four months. Prices for non-oil industrial supplies & materials increased 0.3% (0.7% y/y) after a 0.4% decline. Foods, feeds & beverage costs jumped 1.5% (5.6% y/y) after a 0.7% decline. Motor vehicle & parts prices eased 0.1% (0.0% y/y) after a 0.3% rise. Nonauto consumer goods prices slipped 0.1% (-0.6% y/y), and reversed the prior month's increase. Capital goods prices declined 0.2% (-1.6% y/y), down 3.9% over the last three years. Capital goods prices excluding computers, peripherals & semiconductors eased 0.1% (-1.1% y/y) for a second month.
Export prices eased 0.1% (-0.3% y/y) following an unrevised 0.2% gain. A 0.2% decline had been expected.
Agricultural commodity prices increased 0.6% (-1.2% y/y) following as 0.5% gain. Nonagricultural goods costs eased 0.1% (-0.3% y/y) after a 0.2% increase. Foods, feeds & beverage prices jumped 0.7% (-1.3% y/y) following declines in three of the prior four months. Industrial supplies & materials slipped 0.3% (+0.8% y/y) following two months of strong increase. Motor vehicle & parts prices remained unchanged (-0.6% y/y) while nonauto consumer goods prices fell 0.7% (-1.9% y/y), down for the third month in four. Capital goods prices remained steady for the third straight month (-0.3% y/y).
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, %)||Nov||Oct||Sep||Nov Y/Y||2015||2014||2013|
|Imports - All Commodities||-0.3||0.4||0.1||-0.1||-10.2||-1.1||-1.1|
|Exports - All Commodities||-0.1||0.2||0.3||-0.3||-6.3||-0.5||-0.4|