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The decline in the import and export price indices of the USA continues

In November, the import price index decreased by 0.6 percent and the export price index decreased by 0.3 percent on a monthly basis and continued to decline. The import price index, which fell more than expected, was expected to decrease by 0.5 percent in this period. The import price index, which carried its decline to the 5th month, also decreased by 0.4 percent in October.

The US Department of Labor announced the import and export price indices for November. Accordingly, the import price index in the country decreased by 0.6 percent in November compared to the previous month.

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The import price index, which fell more than expected, was expected to decrease by 0.5 percent in this period. The import price index, which carried its decline to the 5th month, also decreased by 0.4 percent in October.

The import price index recorded the lowest increase since January 2021, with 2.7 percent in November compared to the same period of last year.

The export price index in the country also decreased by 0.3 percent on a monthly basis in November.

The export price index, which decreased less than expected, was expected to decrease by 0.4 percent. The export price index, which decreased for 5 consecutive months, decreased by 0.4 percent in October.

 

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The export price index increased by 6.3 percent in November compared to the same period of the previous year.

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