Zero Hedge
0
All posts from Zero Hedge
Zero Hedge in Zero Hedge,

US Import Prices Tumble (Again), Biggest Miss In 6 Months

The global export of deflation continues as import prices to the US dropped 0.5% MoM in October (notably more than expected) and recent history was revised markedly lower with the 7th miss in 2015. Year-over-year, prices also fell more than expected - down 10.5% vs -9.4% exp. - the biggest miss since April and hovering near the weakest in the cycle. This is the 15th month in a row of year-over-year declines in import prices.

Yet another miss...

 

15th month in a row of YoY declines...

 

Charts: bloomberg