FX.co ★ US Export Prices Rise More than Anticipated

US export prices rose 0.6% in January 2026, matching December’s revised increase and beating market expectations of a 0.3% gain. Nonagricultural export prices climbed 0.7% for a second consecutive month, driven by higher prices for capital goods, nonagricultural industrial supplies and materials, consumer goods, and automotive vehicles. The agricultural export price index inched up 0.2% after remaining flat in December, as higher prices for other food products, prepared foods, and corn more than offset declines in fruit and meat prices. On an annual basis, export prices were up 2.6%, easing from a revised 3.4% year-on-year increase in December.