Details from the February 2017 US PPI final demand data report 14 March 2017
Prior 0.6%
2.2% vs 2.0% exp y/y. Prior 1.6%
Ex-food & energy 0.3% vs 0.2% exp m/m. Prior 0.4%
1.5% vs 1.5% exp y/y. Prior 1.2%
Ex-food, energy & trade 0.3% vs 0.2% prior m/m
1.8% vs 1.6% prior y/y
No shock to see prices higher, nor higher than expected. The core numbers remain strong.
This is in no way a biggie for the FOMC but it adds to the inflation picture and we get those numbers tomorrow ahead of the Fed decision. It's very hard to see anything bad happening to those numbers tomorrow.
US PPI y/y
