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US January PPI +3.5% vs +3.2% y/y expected
USD
![PPI mm](https://images.forexlive.com/images/PPI%20mm_id_aa9a23cc-daf7-486e-83d3-3e3bc8f695bb_original.jpg)
PPI mm
- Prior was +3.3%
- PPI m/m +0.4% vs +0.3% expected (prior +0.2%, revised to +0.5%)
- PPI ex food and energy +3.6% y/y vs +3.3% expected (3.5% prior)
- PPI ex food and energy +0.3% m/m vs +0.3% expected (+0.0% prior, revised to +0.4%)
- Ex food, energy and trade +3.4% y/y vs +3.3% prior
There were some big upward revisions to the December numbers but it doesn't really matter. The headline numbers are +0.5% and +0.4% back-to-back which is an unpleasant acceleration.
Source: Forex Live