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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 July | |||
|0.80% | |||
|0.70% | |||
|0.20% | |||
|0.30% | |||
|0.20% | |||
|0.00% | |||
| | |||
|August 11 | |||
|- | |- | ||
|2023 June | |2023 June | ||
| Line 242: | Line 252: | ||
* Prices for final demand goods were flat in June. | * Prices for final demand goods were flat in June. | ||
* The increase in PPI can be traced to a 0.2% rise in prices for final demand services<ref>https://www.bls.gov/news.release/pdf/ppi.pdf</ref>. | * The increase in PPI can be traced to a 0.2% rise in prices for final demand services<ref>https://www.bls.gov/news.release/pdf/ppi.pdf</ref>. | ||
=== July 2023 === | |||
* The producer price index(PPI) rose 0.3% in July, slightly above the 0.2% estimate<ref>https://www.bloomberg.com/news/articles/2023-08-11/us-producer-prices-rise-more-than-expected-on-services-strength</ref>. | |||
* Yearly, PPI rose 0.8%, also slightly above the 0.7% estimate. | |||
* Core PPI was up 0.3% versus 0.2% estimate. | |||
* Yearly, core PPI was up 2.4% versus 2.3% estimate. | |||
* The increase in PPI was mainly attributed to services, which rose 0.5% for the month, the largest increase since August 2022. | |||
== References == | == References == | ||