New data Producer Price Index YoY (Jan)
2/13/2025
actual 3.5, previous 3.3
The event is the Producer Price Index Year-over-Year (YoY) for January. The actual value reported is 3.5%, which is 0.2% higher than the previous value of 3.3%. The estimate was 3.2%, so the actual value exceeded expectations. This economic indicator measures the average changes in selling prices received by domestic producers for their goods and services over time. In this case, the increase in the Producer Price Index YoY suggests a rise in the prices received by producers, which can have implications for inflation and overall economic health. The impact of this event is considered low.This is not investment advice. Remember to verify the information provided here.
Get access to the full analysis
- Over 35 000 indexes
- CFD, Forex, Crypto and Stocks Exchange
- Over 150 Indicators
- Pattern and candle analysis
- Support and resistance levels
- Fundamental, technical and sentimental analysis
- Power from AI
