FXstreet.com (Barcelona) - The price of imported products in the US fell 1.3% in June, over double the May revised reading of -0.6%, an crushes market forecast of a slight recovery to -0.3%.
In the annualized version, the Import Price Index is still positive, with import prices increasing. Those are, however, slowing their pace. Previous print was 8.6% while June's free fell past market expectations at 5.3% to land on 4.5%.
