US June import costs 0.0% vs -0.1% anticipated

• Prior import prices -0.4% m/m (revised to -0.2%)
• Import prices y/y 0.0% vs +1.1% prior
• Export prices m/m -0.5% vs -0.1% expected (prior -0.6%)

This is a low-tier release, particularly as this month’s edition comes after CPI and PPI. It shows falling price pressures but itwas released at the same time as a hot retail sales report.

This article was written by Adam Button at www.forexlive.com.