Prior | Actual | |
Export Prices – M/M change | 1.5 % | 1.1 % |
Export Prices – Y/Y change | 9.5 % | 9.6 % |
Import Prices – M/M change | 2.7 % | 2.2 % |
Import Prices – Y/Y change | 9.7 % | 11.1 % |
Import and export Prices report showed inflationary pressure moving into consumer prices. Import prices for consumer goods rose 0.4% in April.
Export prices for consumer goods were also up 0.4% in April. These increases are reflected in high energy prices and food prices; petroleum increased by 7.2% to 37% year on year and there was also a 0.6% increase in food export prices to 35% year on year.