US PPI final demand July 2018 0.0% vs 0.2% exp m/m

July 2018 US PPI final demand data 9 August 2018

• Prior 0.3%
• 3.3% vs 3.4% exp y/y
• Ex-food/energy 0.1% vs 0.2% exp m/m. Prior 0.3%
• 2.7% vs 2.8% exp/prior y/y
• Ex-food/energy/trade 0.3% vs 0.3% prior m/m
• 2.8% vs 2.7% prior y/y

Minor misses but a rise in the core to 2.8%. Not much to get anyone’s knickers in a twist.

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Ryan Littlestone

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