U.S. February Import and Export Price Index Report

It's easy to miss economic trends with attention rightly focused on other more important humanitarian concerns.

As the experts discuss the risks of deflation, reality continues to contradict that argument.

Import and Export Price Change YOY:

U.S. IMPORT AND EXPORT PRICE INDEXES - FEBRUARY 2011

U.S. import prices rose 1.4 percent in February, the U.S. Bureau of Labor Statistics reported today, following a similar 1.3 percent advance in January. The price index for U.S. exports increased 1.2 percent in February after rising 1.3 percent the previous month. Higher agricultural and nonagricultural export prices each contributed to the overall advance in February.

Imports All Imports:

Prices for imports rose 1.4 percent in February, continuing a five-month trend of monthly increases greater than 1.0 percent. Import prices advanced 6.9 percent for the year ended in February, driven by a 7.0 percent jump for the index over the past five months.

Source: bloomberg.com