UK May PPI Input MoM 2.8% vs 1.6% expected

by | June 13th, 2018, 08:34:43 | Economic Data, UK | 1 comment

UK economics

UK May 2018 PPI on 13.06.2018

  • prior 0.4%, revised to 0.6%
  • PPI input YoY 9.2% vs 7.6% exp, prior 5.3%, revised to 5.6%
  • PPI output MoM 0.4% vs 0.3% exp, prior 0.3%, revised to 0.4%
  • PPI output YoY 2.9% vs 2.9% exp, prior 2.7%, revised to 2.5%
  • PPI core output YoY 2.1% vs 2.5% exp, prior 2.4%, revised to 2.0%
  • PPI core output MoM 0.2% vs 0.2% exp, prior 0.1%, revised to 0.2%

Pressure on producing prices. Could be an extra pain for the consumer if that gets passed on. Remains to be confirmed on the next month’s set of data (?)
Not a reason to buy £ imo.

 

K-man
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1 Comment

  1. AGP
    AGP on June 13, 2018 at 10:44 am

    UK May CPI & PPI readings, yoy delta PPI (PPI input-PPI output) is 6.3 % (!!!).
    Thats rather insane !

    Shows that producers know the stretch is completely out of spending budgets !
    Massive erosion of margins (like for 2017).

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