AI Summary
The US import prices increased by more than expected in May, driven by a surge in fuel prices, according to data released on Tuesday by the Bureau of Labor Statistics.
Import prices rose year-on-year at their fastest pace in nearly four years in May, with the prices of imported fuel surging by 45.1%.
US export prices also increased YoY at their fastest rate since August 2022, supported by a 5.5% jump in agricultural goods prices during May.
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Changes in US Import and Export Prices- May 2026(%) |
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|
Metric |
Estimates |
April |
May |
Change |
|
Import Prices (MoM) |
+1.0 |
+2.0 |
+1.9 |
(0.1) |
|
Import Prices (YoY) |
-- |
-- |
+6.7 |
-- |
|
Export Prices (MoM) |
-- |
+3.5 |
+1.3 |
(2.2) |
|
Export Prices (YoY) |
-- |
-- |
+11.2 |
-- |
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