Export prices in the US declined 0.6 percent month-over-month in December of 2018, following a downwardly revised 0.8 percent fall in November and in line with market expectations. Prices for non agricultural exports dropped 1.1 percent, after falling 1.0 percent in the previous month, its biggest decline since August of 2015, mainly due to lower cost of industrial supplies and materials. On the other hand, prices for agricultural exports rose 3.9 percent in December (vs 1.7 percent in November), the largest increase for the index since August of 2012, mostly driven by higher cost of soybeans and nuts. Year-on-year, export prices went up 1.1 percent, slowing from a 1.8 percent gain in the prior month. Considering 2018 as a whole, export prices increased 1.1 percent. Export Prices in the United States averaged 108.99 Index Points from 1983 until 2018, reaching an all time high of 135.30 Index Points in September of 2011 and a record low of 82.40 Index Points in September of 1986.