The U.S. import price index was down 3.7% in August, according to data released by the Bureau of Labor Statistics yesterday.

IFR Markets had predicted a 1.7% decrease for the imports index. The 3.7% decrease in the index followed a revised 0.2% increase in import prices in July, originally reported as a 1.7% increase.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.