United States publish Producer Price Index

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


The United States officials have published the monthly Producers Price Index change. The Dollar reacted to the news with an initial move upwards.

Market consensus forecasts were that the PPI and Core PPI, which excludes food and energy prices, both have increased by 0.2%. The actual numbers were revealed to be increases of 0.3%

The index reveals how prices have changed at the manufacturer level between companies. Producers usually increase their prices in accordance with their own expense increases. Namely, they quite often investigate the consumer tolerance of price hikes by continuous increases until they spot a drop in volume. In the current environment some firms have reached this point. Due to this reason, an increase of PPI is expected to result in a high CPI, which the US Federal Reserve looks at to determine the monetary policy of the US Dollar.
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