US Export Prices Rise for 2nd Month #deotrade #United_States #Export_Prices_MoM US export prices increased by
0. 2% from a month earlier in February of 2023, compared to market expectations of a
0. 1% fall and following a downwardly revised
0. 5% increase in the prior month. It was the second consecutive monthly rise in export prices since June 2022, driven by prices of both agricultural goods (1% vs -
0. 9% in January) and non-agricultural ones (
0. 1% vs
0. 6%). On a yearly basis, prices for US exports fell by
0. 8% in February, the first decline since November 2020, after a downwardly revised
2. 2% rise in the prior month.