"U.S. import prices decreased 0.4 percent in June following a 0.9-percent advance in May," the U.S. Bureau of Labor Statistics reported on Friday.
Key takeaways from the official publication
- The June decline was the largest monthly drop since the index decreased 0.5 percent in February 2016.
- Despite the downturn in June, overall import prices advanced 4.3 percent between June 2017 and June 2018.
- U.S. export prices increased 0.3 percent in June, after rising 0.6 percent the previous month.
- Prices for overall exports advanced 5.3 percent over the past 12 months, the largest over-the-year increase since the index rose 6.3 percent in October 2011.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.