- Prior +1.1%
In annual terms, import prices were seen up 3.6% in February and that’s the highest year-on-year increase since January 2023. Looking at the monthly breakdown, there were increases in prices for consumer goods (+0.3%) and intermediate goods (+0.5%). The prices for capital goods were unchanged compared to January. And excluding energy prices, import prices were also seen up 0.3% on the month.
This article was written by Justin Low at www.forexlive.com.