Deflationary Tailwinds In US Import/Export Prices by by Eric Bush, CFA, Gavekal Capital Blog A strong dollar is very prevalent in today’s import and export price release. Import prices have declined by -11.4% year-over-year which is the largest decline since 9/2009. If we go back as far as the data exists (1983),the current decline is the largest on record outside of the financial crisis. Excluding fuels, import prices have declined by just over... More