US June PP +0.1% vs +0.0% expected

June PPI

  • Prior was 0.0%
  • Ex food and energy +0.1% vs +0.2% exp
  • Ex food, energy and trade +0.2% vs +0.2% exp

Year-over-year data

  • 2.0% vs 1.9% exp
  • Ex food and energy 1.9% vs 2.0% exp
  • Ex food, energy and trade 2.0% vs 2.1% prior

The headline numbers are a touch strong and the core numbers are a touch soft. On net, there isn't anything to take away.

investingLive Premium
Telegram Community
Gain Access