⚡....US PPI is due Friday.
Last month’s release was a hot surprise. Headline PPI jumped to 1.3% m/m vs 0.6% forecast. Core came in at 0.7% vs 0.3%. Both multi-month highs.
Producer inflation looks like it’s accelerating. This print tests whether that trend sticks.
$PROM $BARD $PLAY
Last month’s release was a hot surprise. Headline PPI jumped to 1.3% m/m vs 0.6% forecast. Core came in at 0.7% vs 0.3%. Both multi-month highs.
Producer inflation looks like it’s accelerating. This print tests whether that trend sticks.
$PROM $BARD $PLAY
