- Prior -0.4%
- Import price index -1.5% vs -1.4% y/y expected
- Prior -1.4%
The drop here once again owes much to a sharp decline in energy prices, which were down by an average of 5.0% compared to July. If you strip that out, import prices were actually flat on the month and also on a year-on-year basis.
This article was written by Justin Low at investinglive.com.
