New data PPI Ex Food, Energy and Trade MoM (Jan)
2/13/2025
actual 0.3, previous 0.1
The event is the Producer Price Index (PPI) Excluding Food, Energy, and Trade Month-over-Month (MoM) for January in the United States. The actual value reported is 0.3%, which indicates the percentage change in prices received by domestic producers for their goods and services, excluding food, energy, and trade, compared to the previous month.This economic indicator is considered to have a low impact on the market. The previous value was 0.1%, and the estimated value was 0.2%. The PPI Ex Food, Energy, and Trade MoM is used to gauge inflationary pressures at the producer level, which can have implications for consumer prices and overall economic health. A higher-than-expected PPI can signal potential inflationary pressures, while a lower-than-expected figure may indicate subdued inflation.
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