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January 12, 2011 AT 3:46 PM
Import and Export prices for December were released at 8:30 AM ET. Export Prices were up 6.5% YOY. Import prices were up 4.8% YOY. Overall an easing on import price pressure, Decembers rise was lower than Novembers. This report is a good indicator for tomorrow's producer prices release, as well as Friday's consumer prices data.