November US PPI -0.1% vs 0.0% exp m/m

  • Prior -0.2%
  • 0.7% vs 0.8% exp y/y. Prior 0.3%
  • Core PPI 0.1% vs 0.1% exp m/m. Prior 0.2%
  • 1.3% vs 1.4% exp y/y. Prior 1.4%

Crude goods -2.6% from -0.9% and the lowest since Jan 2012 led by petroleum goods falling 11.7% from -4.2%.

Gasoline up to -0.7% from -3.8% while passenger cars -0.8% from +1.7% an it’s prettu flat across the rest of the numbers

No inflationary pressures here but the core figure dropping slightly year on year is something we need to keep an eye on.

US PPI 13 12 2013

US PPI 13 12 2013

Featured Videos