Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
United StatesUS Import Prices MoM climbed to 1.9% in April 2026
FMPMonthlyReleased May 2026
US Import Prices MoM climbed to 1.9% in April 2026, released May 2026, up 1.0% from March's 0.9% reading. The print exceeded the 1.0% consensus by 0.9%. The print is running well above the 12-month average of 0.3%. Over the past 3 months, Import Prices MoM averaged 0.77%, vs 0.17% in the prior 3-month window. Import Prices MoM is now the highest in 37 months.
Latest Release
1.9
Actual
1
Consensus
0.9
Previous
Median Absolute Error
±0.34 percentage points
across last 12 releases
Last Call
May 2026
Predicted: 1.2
Actual: 1.9
Error: -0.7
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| S&P 500 | ▼ Inverse | −0.93 | INDEX | Bearish S&P 500 | → View |
| AUD/USD | ▼ Inverse | −0.77 | FOREX | Bearish AUD | → View |
| USD/CAD | ▲ Direct | +0.77 | FOREX | Bullish USD | → View |
| GOOGL | ▼ Inverse | −0.62 | STOCKS | Bearish GOOGL | → View |
| GBP/USD | ▼ Inverse | −0.59 | FOREX | Bearish GBP | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Import Prices MoM (United States) was reported at 1.9% in May 2026. This beat the market consensus of 1% by 0.9%. The reading rose from the previous value of 0.9%. Trailing 12-month context per ETL data through May 2026. Over the past 12 months, the indicator has averaged 0.47%, ranging from 0% to 1.9% across 10 releases. This is classified as a medium-impact indicator released on a monthly basis.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged 1.13%, up from the prior three at 0.17%. Volatility over the past year (σ 0.6%) is higher than the prior year (σ 0.23%). In May readings over the past 3 years, Import Prices MoM has averaged 0.97%.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with S&P 500 (Bearish S&P 500). A secondary relationship exists with AUD/USD, negatively correlated (Bearish AUD). Over the last 12 releases, the Sigmacast model's median absolute error is 0.34%.
WHAT TO WATCH NEXT
The next release is scheduled for June 16, 2026. Same-country events in the next 14 days include NY Empire State Manufacturing Index (Jun 15) and Industrial Production MoM (Jun 15).
Auto-generated from current model state · Refreshes on each release · Last update May 2026.
SHARE
Import Prices MoM - US
Loading chart data...
About Import Prices MoM — United States
DEFINITION
Import Prices MoM (Month-over-Month) is a financial indicator that measures the change in the prices of goods and services imported into a country on a monthly basis. It provides valuable insights into the cost of foreign goods and the impact of international trade on a country's economy. This indicator is closely monitored by economists, investors, and policymakers as it can reflect changes in inflation, exchange rates, and global economic conditions.
WHY THIS INDICATOR MATTERS
Trade-balance and tariff data inform exchange-rate fundamentals and feed directly into GDP via the net-exports channel. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Apr 2026): actual 1.9 %, consensus 1 %. Prior reading (Mar 2026): 0.8 %. Before that (Feb 2026): 1.3 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with S&P 500 (Bearish S&P 500, r=-0.93) — a useful reference for index-focused traders.