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Export Price Deflation Continues in November 2012
Wednesday, December 12, 2012 19:54
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Written by Steven Hansen
In November 2012, the price deflation continues in import prices for the seventh month (last month’s inflation was wiped away with backward revision). Export price price inflation moderated:
- with imports down 0.9% month-over-month, down 1.6% year-over-year
- and exports down 0.7% month-over-month, up 0.7% year-over-year.
There was general price weakness across most imports and export categories, lead by declining energy prices and moderating food prices.
2012-12-12 16:49:24
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