A Higher-Than-Expected Publication of the U.S PPIDeltafx Admin 12 December 2022
The U.S. Producer Price Index (PPI) measures the change in prices of goods sold by producers. This index is the consumer price inflation index, which forms the overall inflation.
A release of higher than expected numbers should be considered positive/bullish for the USD, while a release of lower than expected numbers should be considered negative/bearish for the USD.
The US PPI index was released at 5:00 on December 9, at a rate of 0.3%, which was 0.1% above expectations. It should also be noted that the previous value of this index was 0.2%.
After the publication of this index, there were no special fluctuations and changes in the market.