- Prior month PPI Final demand MoM 0.4%. YoY prior month 3.0%
- PPI Final Demand MoM 0.2% vs estimate 0.3%
- PPI Final Demand ex food/Energy 0.0% vs. estimate 0.3%
- PPI Final Demand YoY 3.3% estimate vs est. 3.4%
- PPI Final Demand ex food/energy 3.5% vs est 3.8%
Fed priciing now 31 basis points vs 27 bps prior to the release
The first Fed rate cut September vs October prior to the release.
This article was written by Greg Michalowski at www.forexlive.com.