US Export Prices Fall 0.6% in June, First Monthly Drop Since May 2025
Updated
Updated · TradingView · Jul 16
US Export Prices Fall 0.6% in June, First Monthly Drop Since May 2025
3 articles · Updated · TradingView · Jul 16
Summary
June export prices fell 0.6% from May, reversing a downwardly revised 1.2% increase and coming in weaker than forecasts for a 0.4% decline.
Nonagricultural export prices dropped 0.7%, with lower industrial supplies and materials prices driving the first monthly decline in more than a year.
Agricultural export prices still rose 0.2% for a sixth straight monthly gain, as higher prices for other foods, food preparations and nuts offset declines in soybean and corn prices.
Annual export price growth remained strong at 10.2% in June, showing the monthly pullback came after a prolonged run-up.