US producer inflation is below forecasts

Note: This section contains information in English only.
Source: Dukascopy Bank SA


The United States Bureau of Labor Statistics has just published the monthly Producer Price Index data. In general, the data has revealed below expected inflation. The US Dollar is reacting to the news by declining.

PPI showed a reading of 0.1% instead of expected 0.2%. The Core PPI showed 0.00% change instead of forecast growth of 0.2%.

This data release consisted of two important numbers, the Producers Price Index and the Core Producer Price Index. The core number excludes food and energy prices. These datasets reveal price increases at the production and wholesale level. Namely, what businesses and firms pay for resources, services and products.
Back to articles

Actual Topics

Wed, 14 Aug 2024 12:33:41 GMT

Lower US CPI does not convince markets

The United States Bureau of Labor Statistics has published the Consumer Price Index data sets. In general, inflation is below market forecasts. Although, the US Dollar reacted to the news by surging. The CPI and Core CPI were expected to have increased by 0.2% on a monthly basis. Meanwhile, the year-on-year reading was forecast to show price increases of 3.00%.

Thu, 08 Aug 2024 12:34:47 GMT

US releases weekly Unemployment Claims

The US statisticians have published the weekly Unemployment Claims numbers. Released numbers are below market expectations, which is causing a recovery of the US Dollar and the US stock markets. Consensus forecast was that the Unemployment Claims would come in at 241,000 new people claiming unemployment insurance during the week. The actual number is 233,000, which is seen as positive. The

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Chcete-li se dozvědět více o platformě Dukascopy Bank CFD / Forex, SWFX a dalších souvisejících obchodních informacích, prosím, zavolejte nám, nebo vám můžeme zavolat my.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.