Market expectations were that this decline would be 0.3 percent. This rate, which was recorded as the sharpest decline since the beginning of the year, decreased by 0.2 percent in August. On an annual basis, the import price index declined by 0.1 percent.
The export price index also decreased by 0.7 percent on a monthly basis in September. Market expectations were for the export price index to fall by 0.4 percent. The export price index, which decreased by 0.9 percent in August, fell by 2.1 percent in September compared to the same period last year.
These declines show that import and export costs in the US foreign trade decreased significantly in September.
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