PPI yy
PPI yy
  • Prior was 1.6%
  • PPI +0.2% vs +0.3% expected (+0.23% unrounded)
  • Ex-food and energy +2.4% y/y vs +2.3% expected
  • Prior ex-food and energy +2.0% (revised to +2.1%)
  • Ex-food and energy +0.2% vs +0.2% expected
  • Ex food, energy and trade +0.2% vs +0.2% expected

This is a slightly dovish read but it only slightly dulls yesterday's hot CPI.