Import Export January 2015


ECONODAY: Deflation is a rising risk for the economic outlook based on import and export price data where contraction is at its most severe since the 2008-2009 recession. Import prices fell 2.8 percent in January alone for year-on-year contraction of 8.0 percent. And it's much more than just the impact of the strong dollar as export prices are also in contraction, at minus 2.0 percent for the month and minus 5.4 percent on the year...