New data Producer Price Index MoM (Jan)
2/13/2025
actual 1.1, previous 0.5
The event is the Producer Price Index MoM (Month-over-Month) for January. It measures the change in the selling prices received by domestic producers for their goods and services compared to the previous month.- **Actual**: The actual value reported for this month is 1.1%
- **Estimate**: The market consensus or expectation was 0.3%
- **Previous**: The previous month's value was 0.5%
- **Change**: The difference between the actual and previous values is 0.6%
- **Change Percentage**: The percentage change from the previous value is 120%
- **Impact**: This event is categorized as having a low impact on the market
- **Currency**: The event is related to the Euro (EUR)
A higher-than-expected Producer Price Index MoM can indicate inflationary pressures in the economy, which may have implications for monetary policy decisions by the central bank.
This is not investment advice. Remember to verify the information provided here.
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