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Producer Price Index: Difference between revisions
→Developments
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|[https://www.bls.gov/news.release/archives/ppi_01132022.pdf Jan 13] | |[https://www.bls.gov/news.release/archives/ppi_01132022.pdf Jan 13] | ||
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=== 2024 === | |||
==== January 2024 ==== | ==== January 2024 ==== | ||
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* Services index rose 0.6%, the highest since July 2023. | * Services index rose 0.6%, the highest since July 2023. | ||
* Energy prices fell 1.7% in January. | * Energy prices fell 1.7% in January. | ||
==== February 2024 ==== | |||
* Producer price Index (PPI) rose 0.6% in February, exceeding expectations for a 0.3% increase. | |||
* On a yearly basis, PPI rose 1.6%, above 1.2% estimate. | |||
* Core PPI grew 0.3%, above 0.2% estimate. | |||
* On a yearly basis, core PPI was up 2% higher than 1.9% estimate. | |||
* Services index rose 0.3% versus 0.5% increase in January. | |||
* Energy prices rose 4.4% after a decline of 1.1% in January. | |||
* S&P 500 futures rose despite the inflation coming above estimates- S&P 500 and Nasdaq 100 futures gained 0.2% while Dow Jones futures were up 0.3%. | |||
=== 2023 === | |||
=== February 2023 === | === February 2023 === | ||