US Core PPI m/m
Source changed series calculation formula as of Feb 2014. Food and energy prices make up about 40% of overall PPI which tends to mute the importance of the Core data;
- US Core PPI m/m Graph
- History
Expected Impact / Date | Actual | Forecast | Previous |
---|---|---|---|
Jun 13, 2024 | 0.0% | 0.3% | 0.5% |
May 14, 2024 | 0.5% | 0.2% | -0.1% |
Apr 11, 2024 | 0.2% | 0.2% | 0.3% |
Mar 14, 2024 | 0.3% | 0.2% | 0.5% |
Feb 16, 2024 | 0.5% | 0.1% | -0.1% |
Jan 12, 2024 | 0.0% | 0.2% | 0.0% |
Dec 13, 2023 | 0.0% | 0.2% | 0.0% |
Nov 15, 2023 | 0.0% | 0.3% | 0.2% |
-
- US Core PPI m/m News
- From think.ing.com|Jun 13, 2024|2 comments
It has been a topsy-turvy 24 hours for financial markets. Treasury yields plunged in the wake of the soft CPI report, but retraced a little as markets digested the more hawkish-than-anticipated Fed dot plot of projections for the Fed funds target rate. We are now back firmly in a lower yields situation following more soft US numbers this morning. For starters we have a big increase in initial jobless claims of 242k versus the 225k consensus, up from 229k the previous week while continuing claims rose to 1820k (consensus 1795k and ...
- From bls.gov|Jun 13, 2024|17 comments
The Producer Price Index for final demand declined 0.2 percent in May, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices increased 0.5 percent in April and edged down 0.1 percent in March. (See table A.) On an unadjusted basis, the index for final demand advanced 2.2 percent for the 12 months ended in May. The May decrease in final demand prices can be attributed to a 0.8-percent decline in the index for final demand goods. Prices for final demand services were unchanged. Prices for final ...
- From cnn.com|May 14, 2024
After another reading of hotter-than-expected inflation, you’d think Federal Reserve Chair Jerome Powell might be getting a little worried that the battle will go on much longer than expected. But Powell, for the most part, isn’t stressing ahead of Wednesday’s crucial Consumer Price Index data set to be released in the morning. Tuesday’s wholesale inflation data, which jumped to its highest rate in a year, certainly wasn’t a source of comfort. And it comes after March’s unexpected jump in consumer prices to 3.5% on an annual basis ...
- From finance.yahoo.com|May 14, 2024
U.S. producer prices increased more than expected in April amid strong gains in the costs of services like portfolio management and hotel accommodation, indicating that inflation remained stubbornly high early in the second quarter. The report from the Labor Department on Tuesday also showed wholesale goods prices rising solidly last month, though the cost of food declined. Traders trimmed their expectations for a September interest rate cut from the Federal Reserve. "Inflation at the producer level is back on the front burner this ...
- From bls.gov|May 14, 2024|27 comments
The Producer Price Index for final demand rose 0.5 percent in April, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices declined 0.1 percent in March and advanced 0.6 percent in February. (See table A.) On an unadjusted basis, the index for final demand moved up 2.2 percent for the 12 months ended in April, the largest increase since rising 2.3 percent for the 12 months ended April 2023. Nearly three-quarters of the April advance in final demand prices is attributable to a 0.6-percent ...
- From usnews.com|May 14, 2024
A pair of economic reports this week will show whether inflation is holding strong, receding somewhat or even perhaps increasing as 2024 progresses. First up will be the producer price index for April on Tuesday. The measure of inflation at the wholesale level – the prices businesses pay for the goods and services they then sell to consumers – is expected to show the overall PPI ticked up slightly for the month, rising by 0.3% after a 0.2% increase in March. The core PPI, excluding energy and food costs, is forecast to increase by ...
- From fxempire.com|May 14, 2024
Bitcoin (BTC) gained 2.33% on Monday (May 13). Following a 1.00% rise on Sunday (May 12), BTC ended the session at $62,920. Investors brushed aside Hong Kong BTC-spot market flow data for Monday. According to Farside Investors, the HK BTC-spot ETF market faces a third consecutive day of net outflows. Based on flow data from AMC, the ChinaAMC Bitcoin ETF saw net outflows of $15.5 million on Monday (May 13). Numbers for Harvest and Bosera were pending. Hopes of a September Fed rate cut lingered despite uptrends in US consumer inflation ...
- From econoday.com|May 10, 2024
In the wake of the softer-than-expected payroll gains for April in the monthly employment report, the inflation data for April in the May 13 week become the next signpost for the outlook for Fed monetary policy. Markets reacted to the hint of softening in the labor market by anticipating easier financial conditions. However, it is only one month’s data and only half of the Fed’s dual mandate for maximum employment and price stability. The FOMC’s vigilance on the inflation front means that its attention may shift back more to the ...
Released on Jun 13, 2024 |
---|
Released on May 14, 2024 |
---|
- Details