February 2018 US PPI final demand 14 March 2018
- Prior 0.4%
- 2.8% vs 2.8% exp y/y. Prior 2.7%
- Ex-food & energy 0.2% vs 0.2% exp m/m. Prior 0.4%
- 2.5% vs 2.5% exp y/y. Prior 2.2%
- Ex-food/energy/trade 0.4% vs 0.4% prior m/m
- 2.7% vs 2.5% prior y/y
Pretty much bang on the money and not much to trade on. Like the CPI report, the numbers are holding steady. Retails are not much tow rite home about either. The dollar is a touch softer but that’s more to do with the fact it was like that already. If traders we’re holding back for the numbers, the gate is now open.