Details of the January 2017 US import and export prices data report 10 February 2017
– 3.7% vs 3.4% exp y/y. Prior 1.8%. Revised to 2.0%
– Ex-petroleum 0.0% vs -0.2% prior m/m. Revised to -0.1%
It’s not a shock to see what’s been driving prices mainly. Petroleum prices are up 60.9% y/y.