US import prices for April 0.9% vs 0.3% estimate - nasty "surprise"

[Nighthawk]

• Prior month import prices 0.4% MoM revised to 0.6%.
• Prior month export prices 0.3% MoM revised to 0.1%
• Import prices for April 0.9% vs 0.3% estimate
• Export prices for April 0.5% vs 0.4% estimate
• Import prices for April 1.1% vs 0.4% last month. Highest since December of 2022
• Export price YoY -1.0% vs -1.1% estimate.

OUCH OUCH OUCH.....and the Biden administration STILL CLAIMS tariffs increase on Chinese EV cars and Li-batteries won´t have ANY significant effect on price picture.

Meanwhile Copper is at MULTI DECADE HIGHS:

 

[newwurldmn]

• Prior month import prices 0.4% MoM revised to 0.6%.
• Prior month export prices 0.3% MoM revised to 0.1%
• Import prices for April 0.9% vs 0.3% estimate
• Export prices for April 0.5% vs 0.4% estimate
• Import prices for April 1.1% vs 0.4% last month. Highest since December of 2022
• Export price YoY -1.0% vs -1.1% estimate.

OUCH OUCH OUCH.....and the Biden administration STILL CLAIMS tariffs increase on Chinese EV cars and Li-batteries won´t have ANY significant effect on price picture.

Meanwhile Copper is at MULTI DECADE HIGHS:

View attachment 340448

I think he used trumps economists.