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Thursday, October 18, 2018 9:13:05 AM EDT

Export Prices ex-ag. Updated 12-Oct-18 09:16AM ET

Export prices were flat in September after declining 0.2% in August and import prices were up 0.5% after being down 0.4% in August.

Excluding agricultural exports, export prices increased 0.2% after declining 0.2% in August. Excluding fuel, import prices were unchanged after declining 0.2% in August.

The price index for fuel imports jumped 3.8%, which was the largest monthly increase since May.

Agricultural export prices dropped 1.4% in September.

Nonagricultural export prices were up 3.3% year-over-year, versus 2.8% for the 12-months ending September 2017, while nonfuel import prices were up just 0.6% after increasing 1.3% for the 12-months ending September 2017.

The key takeaway from the report is rooted in the understanding that nonfuel import prices are being held in check, which is helpful in terms of easing some of the market's inflation angst.
Imports, ex-petrol0.0%-0.2%-0.2%-0.3%0.2%
Imports, Petrol3.8%-2.2%0.7%2.6%6.1%
Exports, ex-agricultural0.2%-0.2%0.1%0.3%0.6%