# Why Import Prices Are Rising Despite Falling CPI

Page: https://stenobird.com/podcast/the-economic-forecast-podcast-with-fexingo-predictions-outlooks-and-what-s-coming-next-7871824/why-import-prices-are-rising-despite-falling-cpi
Text version: https://stenobird.com/podcast/the-economic-forecast-podcast-with-fexingo-predictions-outlooks-and-what-s-coming-next-7871824/why-import-prices-are-rising-despite-falling-cpi.md
Podcast: [The Economic Forecast Podcast with Fexingo: Predictions, Outlooks, and What's Coming Next](https://stenobird.com/podcast/the-economic-forecast-podcast-with-fexingo-predictions-outlooks-and-what-s-coming-next-7871824)
Published: 2026-07-24T08:12:49+00:00
Episode link: https://audio.fexingo.com/business/the-economic-forecast-podcast/episode-0130.mp3
Audio file: https://audio.fexingo.com/business/the-economic-forecast-podcast/episode-0130.mp3
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Duration seconds: 738

## Resource

In this episode of The Economic Forecast Podcast, Lucas and Luna unpack a curious disconnect in today's economy: import prices just posted their biggest annual gain since 2008, driven by surging costs of goods from China, while the overall CPI is falling. Using live data from July 24, 2026, they explore how tariff policy, supply chain restructuring, and shifting trade flows are creating this split. Lucas walks through the specific numbers — CPI at 332.6, down from 333.98, versus import prices from China hitting levels not seen in nearly two decades — and explains why this matters for the Fed's next move. They also touch on the Fed's preferred PCE measure, which is still creeping up, and what Kevin Warsh's recent comments might signal. If you've been confused by headlines that seem to point in opposite directions, this episode gives you the framework to make sense of it. #ImportPrices #CPI #Inflation #ChinaTrade #Tariffs #KevinWarsh #FederalReserve #SupplyChain #TradePolicy #PCE #EconomicForecast #Economics #FexingoBusiness #BusinessPodcast #Macroeconomics #TradeDeficit #MonetaryPolicy #GlobalTrade Keep every episode free: buymeacoffee.com/fexingo

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