US December PPI -0.1% vs +0.2% expected

Author: Adam Button | Category: News

December US producer price index

  • Prior was +0.4%
  • Ex food and energy -0.1% vs +0.2% exp
  • Prior ex food and energy +0.3%
  • Ex food, energy and trade +0.1% vs +0.2% exp
  • Final demand +2.6% y/y vs +3.0% exp
  • Ex food and energy +2.3% y/y vs +2.5% prior
  • Ex food, energy and trade +2.3% vs +2.4% prior

Given the climb in commodity prices and the weakness in the US dollar in December, a drop in the PPI is a headscratcher.