- 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 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|