The United States export price index rose 10.2% year on year in June, easing from 11.2% in the prior reading. The deceleration points to a slower pace of export price inflation compared with the previous month.
Sustained Growth in Export Prices
Despite the pullback, annual export prices remained higher than a year earlier, with the index still posting double-digit growth.
Signs of Cooling Inflation
The June figure marks a 1.0 percentage point decline from the earlier rate, signalling some cooling in price pressures for US exports.
