September 2017 US Producer Price Index final demand 12 October 2017

  • Prior 0.2%
  • 2.6% vs 2.5% exp y/y. Prior 2.4%
  • PPI ex-food & energy 0.4% vs 0.2% exp m/m. Prior 0.1%
  • 2.2% vs 2.0% exp y/y. Prior 2.0%
  • Ex-food, energy & trade0.3 % vs 0.2% exp m/m. Prior 0.2%
  • 2.1% vs 1.9% prior y/y

There’s some inflationary numbers for the Fed but let’s look into the details to see if there’s any hurricane related mischief.

It looks like there may be some weather related jumps. Energy rose 3.4% and transportation rose 1.0%. There were modest gains or flat readings elsewhere.

US PPI details 12 10 2017

US PPI details 12 10 2017

The dollar likes the fact there’s some form of inflation from some part of the US economy and USDJPY has pushed up to 112.41.

Also out;

  • August 2017 Canadian new housing HPI 0.1% vs 0.2% exp m/m. Prior 0.4%
  • 3.8% unch y/y
  • September 2017 Canadain Terranet HPI -0.8% vs 0.6% prior m/m
  • 11.4% vs 13.1% prior y/y
Ryan Littlestone

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