Heads Up – US PPI m/m Releasing in an Hour, What to Expect? - Forex News by FX Leaders

Heads Up – US PPI m/m Releasing in an Hour, What to Expect?

Posted Tuesday, January 15, 2019 by
Arslan Butt • 1 min read

The Bureau of Labor Statistics is releasing the Producer Price Index (PPI) in an hour. The producer’s price index is considered a leading indicator of consumer inflation. As, when producers charge extra for goods and services the higher costs are usually passed on to the consumer. So, the higher PPI can lead to higher CPI which pressures central banks to release hawkish monetary policies.
The current PPI figure is anticipated to fell by -0.1% in December, which is half of the rate of November 2018.

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About the author

Arslan Butt // Index & Commodity Analyst
Arslan Butt is our Lead Commodities and Indices Analyst. Arslan is a professional market analyst and day trader. He holds an MBA in Behavioral Finance and is working towards his Ph.D. Before joining FX Leaders Arslan served as a senior analyst in a major brokerage firm. Arslan is also an experienced instructor and public speaker.
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