New data Producer Price Index MoM (Jan)
2/13/2025
actual 0.4, previous 0.2
The event is the Producer Price Index MoM (Month-over-Month) for January. The actual value reported is 0.4%, which is higher than the previous value of 0.2%. The estimate was 0.3%, so the actual value beat expectations. This event is considered to have a high impact on the market. The Producer Price Index measures the average change in selling prices received by domestic producers for their output, and it is an important indicator of inflationary pressures in the economy.This is not investment advice. Remember to verify the information provided here.
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