US import prices developed weaker than expected in July. Compared to the previous month of June, a decline of 1.4 percent was recorded. A minus of 1.0 percent was expected, after a revised increase of 0.3 percent (initially reported: 0.2 percent) in the previous month. Year-on-year import prices rose 8.8 percent in July, after a year-on-year increase of 10.7 percent in June. Export prices developed significantly weaker than expected in July. Industrial production in the euro zone rose more than expected in June. Compared to the previous month, an increase of 0.7 percent was recorded, as reported by the European statistical authority Eurostat.