Gavekal Capital: US import prices ex-petroleum remain negative on a year-over-year % basis

Wednesday, October 23, 2013

US import prices ex-petroleum remain negative on a year-over-year % basis

US import prices ex-petroleum fell further on a year-over-year basis. This series has now been negative since March. The movements in the USD do not suggest this deflationary pulse from import prices will be abating over the next few months.

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