FXstreet.com (Barcelona) - U.S. Import prices rose by 1,0% in September, while export prices increased by 0.3% during the same period, according to the latest report by the Bureau of Labor Statistics.
Import prices increase came out in line with market consensus, following a 0.3% decline in August. On monthly basis, import prices rose by 5.2%. The main contributor to the rise in the index was the 5.4% hike in petroleum prices, which have increased by 40.3% from january.
Non petroleum prices fell by 0.2% in September, after falling by 0.1% in August. Within the index, non petroleum industrial supplies and material prices declined by 1.4%. On the other hand, price index for foods, feeds and beverages recorded a 1.2% increase on the month.
Import prices for capital goods were unaltered in September from August, while indexes for automotive vehicles and consumer goods rose by 0.2% on the month.U.S. Import Price Index rose by 1.0% in September