Export Price Index (YoY)
Actual
3.5%
Previous
2.6%
Forecast
The Export Price Index, released by the US Department of Labor, shows the changes in the price of US export goods and services. The US trade represents 20% of total world trade, so the indicator is correlated with the value of the USD. A rise in prices is a threat in the mid-term, as higher prices could lead to lower demand. The YoY reading compares the prices of goods in the reference month to the same month a year earlier.