US PPI m/m
It's a leading indicator of consumer inflation - when producers charge more for goods and services the higher costs are usually passed on to the consumer;
Source changed series calculation formula as of Feb 2014;
- US PPI m/m Graph
- History
Expected Impact / Date | Actual | Forecast | Previous |
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Oct 11, 2024 | 0.0% | 0.1% | 0.2% |
Sep 12, 2024 | 0.2% | 0.1% | 0.0% |
Aug 13, 2024 | 0.1% | 0.2% | 0.2% |
Jul 12, 2024 | 0.2% | 0.1% | 0.0% |
Jun 13, 2024 | -0.2% | 0.1% | 0.5% |
May 14, 2024 | 0.5% | 0.3% | -0.1% |
Apr 11, 2024 | 0.2% | 0.3% | 0.6% |
Mar 14, 2024 | 0.6% | 0.3% | 0.3% |
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- US PPI m/m News
Goldilocks it wasn't... as inflation macro data surprised to the upside and growth macro data to the downside (we love the smell of stagflation in the morning)... chart ... but that didn't stop stocks soaring for the fifth straight week, with Small Caps exploding higher today (back into the green for the week)... chart ...as "most shorted" stocks saw a massive squeeze higher today... chart Of course, a market wrap would not be complete without discussing the shitshow in Shanghai as Chinese stocks witnessed the greatest ...
A measure of wholesale prices showed no change in September, pointing to a continued easing in inflation, the Labor Department reported Friday. The producer price index, which measures what producers get for their goods and services, was flat for the month and up 1.8% from a year ago. Economists surveyed by Dow Jones had been looking for a monthly gain of 0.1% after August’s increase of 0.2%. Excluding food and energy, the PPI rose 0.2%, meeting expectations. The report comes a day after the Labor Department reported that the ...
The Producer Price Index for final demand was unchanged in September, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices advanced 0.2 percent in August and were unchanged in July. (See table A.) On an unadjusted basis, the index for final demand rose 1.8 percent for the 12 months ended in September. Within final demand in September, a 0.2-percent increase in the index for final demand services offset a 0.2-percent decline in prices for final demand goods. The index for final demand less ...
ECB cut rates by 25bps as expected (along with a stagflationary cut to growth and hike to inflation forecasts) but all eyes were on US data. A hotter than expected PPI followed the hotter than expected core CPI pushed rate-cut expectations lower (although jobless claims fell). Interestingly, rate cut expectations for 2024 jumped after the ugly 30Y auction and WSJ Fed-whisperer Nick Timiraos comments (which were entirely useless, merely stating that policymakers were considering whether to cut by 25bp or 50bp)... chart As the chart ...
Asset prices trended higher on Thursday as the latest inflation and labor data further supported expectations that the Federal Reserve will start to lower interest rates next week after spending more than a year at their highest levels in over a decade. The U.S. Producer Price Index (PPI) report for August showed wholesale prices rose at a rate of 0.2% month over month, slightly higher than economists anticipated, while the annual rise of 1.7% fell in line with expectations. It is now widely expected that the Fed will announce a 25 ...
The Producer Price Index for final demand increased 0.2 percent in August, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices were unchanged in July and rose 0.2 percent in June. (See table A.) On an unadjusted basis, the index for final demand advanced 1.7 percent for the 12 months ended in August. The August rise in the index for final demand can be traced to a 0.4-percent increase in prices for final demand services. The index for final demand goods was unchanged. Prices for final demand ...
The Federal Reserve gets its last look this week at inflation readings before it will determine the size of a widely-expected interest rate cut soon. On Wednesday, the Labor Department’s Bureau of Labor Statistics will release its consumer price index (CPI) report for August. A day later, the BLS issues its producer price index (PPI), also for August, a measure used as a proxy for costs at the wholesale level. With the issue virtually settled over whether the Fed is going to cut rates when it wraps up the next policy meeting Sept. ...
The European Central Bank’s carefully choreographed rate-cutting cycle got off to an awkward start in June after last-minute data upsets. For credibility’s sake, policymakers had only one choice – press ahead with the planned 25-basis-point rate reduction but present it as a ‘hawkish cut’. Fortunately for the doves and struggling European businesses, the case for further policy easing has strengthened since the last gathering in July when rates were kept on hold. Headline inflation dipped to 2.2% y/y in August and the rebound in euro ...
Released on Oct 11, 2024 |
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Released on Sep 12, 2024 |
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