Printed out high and low stock data
Markets

October 2016 US PPI final demand 0.0% vs 0.3% exp m/m

Details form the October 2016 US PPI final demand data report 16 November 2016

  • Prior 0.3%

  • 0.8% vs 1.2% exp y/y. Prior 0.7%

  • Ex-food and energy -0.2% vs 0.2% exp m/m. Prior 0.2%

  • 1.2% vs 1.5% exp y/y. Prior 1.2%

  • Ex-food, energy & trade -0.1% vs 0.3% prior m/m

  • 1.6% vs 1.5% prior y/y

Not the sort of numbers you're looking for if you're hoping to see inflation continuing higher.

USDJPY moved to a low of 109.20. It was well on the way already but this gave it an extra nudge.

Looking through the details, there's more negatives than positives. I should note that the main numbers were more of a miss on expectations than actually lower numbers vs last month.

US PPI y/y

US PPI details

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Other Topics

ForEx