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Slight Export and Import Price Inflation in October 2012
Friday, November 9, 2012 22:10
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Written by Steven Hansen
October 2012 broke the 5 month string of import and export price deflation with imports rising 0.4% year-over-year and exports rising 1.4% year-over-year.
There was general price inflation across most imports, while export price inflation was constrained by moderating food prices.
There is only marginal correlation between economic activity, recessions and export / import prices. Prices can be rising or falling going into a recession. Econintersect follows this data series to adjust economic activity for the effects of inflation where there are clear relationships.
2012-11-09 19:49:53
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