US May 2018 PPI data on 13.06.2018
- Prior 0.1%
- PPI YoY 3.1% vs 2.8% exp, prior 2.6%
- PPI ex food& energy MoM 0.3% vs 0.2% exp, prior 0.2%
- PPI ex food& energy YoY 2.4 % vs 2.3% exp, prior 2.3%
A touch higher. Pressure on global prices continues. But this shouldn’t have a sustainable impact today looking at what’s waiting later on
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