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Producer Price Index: Difference between revisions
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!'''Market Reaction''' | !'''Market Reaction''' | ||
!'''Release Date''' | !'''Release Date''' | ||
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|2023 April | |||
|2.30% | |||
|2.40% | |||
|2.70% | |||
|0.20% | |||
|0.30% | |||
| -0.40% | |||
| | |||
|May 111 | |||
|- | |- | ||
|2023 March | |2023 March | ||
| Line 189: | Line 199: | ||
* Year-over-year, PPI rose 2.7% in March versus 4.9% year-over-year increase in February. | * Year-over-year, PPI rose 2.7% in March versus 4.9% year-over-year increase in February. | ||
* The decline in PPI was mainly attributed to the 1% drop in the prices of final demand goods<ref>https://www.bls.gov/news.release/pdf/ppi.pdf</ref>. | * The decline in PPI was mainly attributed to the 1% drop in the prices of final demand goods<ref>https://www.bls.gov/news.release/pdf/ppi.pdf</ref>. | ||
=== April 2023 === | |||
* The producer price index increased 0.2% in April, below 0.3% estimate. | |||
* Core PPI also increased 0.2% , in-line with estimates. | |||
* Yearly, headline PPI rose 2.3%, below the 2.4% estimate and 2.7% growth in March. | |||
* 80% of the rise in PPI was attributed to the 0.3% rise in prices for final demand services<ref>https://www.cnbc.com/2023/05/11/wholesale-prices-rose-just-0point2percent-in-april-less-than-estimate-as-inflation-pressures-ease.html</ref>. | |||
== References == | == References == | ||