U.S import and export prices miss expectations in December

Market news

10 January 2018

U.S import and export prices miss expectations in December

Prices for U.S. imports ticked up 0.1 percent in December, the U.S. Bureau of Labor Statistics reported today, following a 0.8-percent rise the previous month. Higher fuel prices more than offset a decline in the price index for nonfuel prices in December. In contrast, U.S. export prices edged down 0.1 percent in December, after advancing 0.5 percent in November.

Canadian building permits declined 7.7% to $7.7 billion in November

U.S.: Import Price Index, December 0.1% (forecast 0.4%)

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