July producer price index data
- Prior was 7.3%
- Ex food and energy 6.2% y/y vs 5.6% expected
- Prior ex food and energy +5.6%
- Ex food and energy +1.0% m/m vs +0.5% expected
- Prior ex food and energy +1.0% m/m
I can't imagine the market is too dialed into this report given that CPI was out yesterday but the US dollar is showing some strength.