April 2018 US PPI final demand data 9 May 2018

  • Prior 0.3%
  • 2.6% vs 2.8% exp y/y. Prior 3.0%
  • Ex-food/energy 0.2% vs 0.2% exp m/m. Prior 0.3%
  • 2.3% vs 2.4% exp y/y. Prior 2.7%
  • Ex-food/energy/trade 0.1% vs 0.4% prior m/m
  • 3.1% vs 2.9% prior y/y

Soft all round save for the ex-all y/y. On the face of it it looks soft for the inflation picture but PPI can be a bit more volatile. The buck is a fraction softer in USDJPY but not doing much at all.

Ryan Littlestone

Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”

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Ryan Littlestone

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