US export prices rose 2.2% in September, the largest monthly increase since April, accelerating from a 1.2% gain in August and well above expectations of 1%. Nonagricultural export prices climbed 2.1%, following a 1.3% rise in the previous month. Gains were recorded in industrial supplies and materials, capital goods, consumer goods excluding automobiles, and automotive vehicles, parts and engines. Agricultural export prices increased 2.6%, marking their strongest monthly advance since November 2022. Higher prices for soybeans, corn and wheat contributed to the increase. On an annual basis, US export prices advanced 11.6%, reaching their highest growth rate since July 2022.