6,567
edits
Producer Price Index: Difference between revisions
no edit summary
No edit summary |
No edit summary |
||
| Line 11: | Line 11: | ||
!'''Market Reaction''' | !'''Market Reaction''' | ||
!'''Release Date''' | !'''Release Date''' | ||
|- | |||
|2023 November | |||
|0.90% | |||
|1.00% | |||
|1.20% | |||
|0.00% | |||
|0.10% | |||
| -0.40% | |||
| | |||
|December 13 | |||
|- | |- | ||
|2023 October | |2023 October | ||
| Line 318: | Line 328: | ||
* Over 80% of the decline in headline PPI was due to a 15.3% drop in the price of gasoline. | * Over 80% of the decline in headline PPI was due to a 15.3% drop in the price of gasoline. | ||
* Services costs were flat month-over-month after rising for six consecutive months. | * Services costs were flat month-over-month after rising for six consecutive months. | ||
=== December 2023 === | |||
* Producer Price Index (PPI) was flat in November<ref>https://www.bls.gov/news.release/ppi.nr0.htm</ref> as was expected<ref>https://www.bloomberg.com/news/articles/2023-12-13/us-producer-prices-little-changed-as-energy-costs-slide</ref>. | |||
* On a yearly basis, PPI rose 0.9%, lower than 1.0% estimate and 1.2% in October (revised down from 1.3%). | |||
* Core PPI was also flat in November versus forecast for a 0.2% increase. | |||
* Yearly, core PPI rose 2%, lower than 2.2% estimate. | |||
* Services index was unchanged in November, the same as in October. | |||
* Energy prices fell 1.2% in November. | |||
== References == | == References == | ||