US June PPI +11.3% y/y vs +10.7% expected

  • US June 2022 producer price index data
PPI final demand yy
  • Prior was +10.8% y/y
  • PPI +1.1% m/m vs +0.8% expected
  • Ex food and energy +8.2% y/y vs +8.1% expected
  • Ex food and energy +0.4% m/m vs +0.5% expected
  • Ex food, energy and trade +6.4% y/y vs +6.8% prior

This report tends to get less attention when it's released after CPI. That said, the market is having major worries about inflation and higher rates today and this won't help.

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