US import and export price index decreased more than expected

The US Department of Labor announced the import and export price indices for July. Accordingly, the import price index in the country decreased by 1.4 percent in July compared to the previous month. The import price index, which fell more than expected, was expected to decrease by 1 percent in this period.

The import price index, which fell for the first time since December 2021, rose 0.3 percent in June. The import price index increased by 8.8 percent in July compared to the same period of the previous year.

The export price index in the country also decreased by 3.3 percent on a monthly basis in July.

The export price index, which decreased well above the expectations, was expected to decrease by 1.1 percent.

The export price index, which fell for the first time in the last 7 months, increased by 0.7 percent in June.

The export price index increased by 13.1 percent in July compared to the same period of the previous year.

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