New growth in import prices in May (USA)

Unexpected increase for the eighth consecutive month in May showed that import prices in the U.S.. In particular, according to data from the Ministry of Employment, import prices increased by 0.2% on a monthly basis, after 2.1% growth in April. Noted that a poll of Dow Jones Newswires, economists have developed estimates for monthly fall of 0.7%. Trade currencies and other products such as Metals, Indices and Futures with the best of the online forex world – the MT4. Furthermore, on an annual basis, import prices increased by 12.5% ​​the biggest annual rise since September 2008. The petroleum import prices fell by 0.4% while overall the last twelve months have increased 44.6%. Excluding oil import prices rose 0.4%.