Import Prices Decline For Record 27th Month As China Exports Most Deflation In 6 Years

For a record 27th straight month, US import prices declined in October (-0.2% YoY) despite a surge in fuels and lubricants (up 7.2% MoM).

 

China continues to export its deflation abroad with imported prices at the lowest since Oct 2010 even as Asia near-East saw a surge in export prices.