- Prior was +9.6%
- PPI m/m +0.2% vs +0.5% expected
Core PPI:
- PPI ex food and energy 8.3% vs +8.0% y/y expected
- PPI ex food and energy m/m +0.4% vs +0.5% expected
This is a mixed back but the thing to focus on is probably the slowing pace of monthly rises. Though with the way oil and metals have rallied this week, I don't know if that will last.
