USA - Export and import price indices - November 2017

Published: 17.01.2018 Related countries:  U.S.A. U.S.A.

Czech Statistical Office: November 2017, export prices decreased by 0.5%, import prices fell 0.3%, the terms of trade figures reached 99.8%, month-on-month. Export prices dropped 2.7%, import prices declined 3.3%, the terms of trade reached 100.6%, year-on-year.

Czech statistical office:

“Month-on-month comparison:

Exports: export prices declined 0.5% in November (-0.6% in October). The change of the total m-o-m export price index was led mainly by a 0.7% price decrease in ‘machinery and transport equipment’. Biggest price drop was registered in ‘crude materials, inedible, except fuels’

(-2.1%), ‘chemicals and related products’ (-1.0%), and ‘miscellaneous manufactured articles’

(-0.8%). Prices rose significantly in ‘mineral fuels, lubricants and related materials’ (+3.4%, mainly electricity). 

Imports: import prices decreased by 0.3% in November following a 0.5% decline in October.

The change of the total m-o-m import price index was driven mainly by a 0.8% price drop

in ‘machinery and transport equipment’. Prices in ‘food and live animals’ dropped 2.0%, ‘crude materials, inedible, except fuels’ declined 1.8%, and ‘manufactured goods classified chiefly by material’ fell 0.6%.  ‘Mineral fuels, lubricants and related materials’ prices grew 4.8%.

 

The terms of trade decreased to the value of 99.8% (99.9% in October), nevertheless they were still worsening. Negative values of terms of trade were reached in ‘mineral fuels, lubricants and related materials’ (98.7%), ‘chemicals and related products’ (99.5%), and ‘miscellaneous manufactured articles’ (99.6%). Significant positive values of terms of trade were reached by prices of ‘food and live animals’ (101.5%) and ‘machinery and transport equipment’ (100.1%).“

 

 

Source: Czech statistical office, https://www.czso.cz/csu/czso/ari/export-and-import-price-indices-november-2017

 

Published by the team of CzechTrade foreign office in Chicago