Raw Material Price index: 3.8 % vs 2.0% expected

  • IPPI YoY: 1.8 % vs 1.5 % prior
  • RMPI YoY: 6.8 % vs 6.3% prior , revised to 6.2%
  • IPPI MoM prior -0.3%
  • RMPI MoM prior -0.1%, revised -0.2%

PPI’s continue to outperform across the world , USDCAD comes back a few ticks to 1.2786 from 1.2796 , staying away from the 1.2810 danger zone for now

 

K-man

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