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Producer Price Index: Difference between revisions
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* The decline in PPI was mainly attributed to the 1.6% decline in prices for final demand goods<ref>https://www.cnbc.com/2023/06/13/stock-market-today-live-updates.html</ref>. | * The decline in PPI was mainly attributed to the 1.6% decline in prices for final demand goods<ref>https://www.cnbc.com/2023/06/13/stock-market-today-live-updates.html</ref>. | ||
* Year-over-year, PPI rose 1.1% in May versus 1.50% expected<ref name=":0" />. | * Year-over-year, PPI rose 1.1% in May versus 1.50% expected<ref name=":0" />. | ||
=== June 2023 === | |||
* The producer price index(PPI) rose 0.1% in June, below the expected 0.2% increase. | |||
* Year-over-year, producer price index rose 0.1% versus expectations for a 0.4% increase. | |||
* Core PPI rose 0.1% in June versus expectations for a 0.2% increase. | |||
* Year-over-year, core PPI rose 2.4% below expectations for a 2.6% increase and also the smallest gain since January 2021<ref>https://www.bloomberg.com/news/articles/2023-07-13/us-producer-prices-rise-at-slowest-pace-in-nearly-three-years?srnd=economics-v2</ref>. | |||
== References == | == References == | ||