01:30 PM BST, United States - Inflation Data for April:
- PPI ex. Food/Energy/Transport: actual 3.1% YoY; previous 2.8% YoY;
- PPI: actual 0.5% MoM; forecast 0.3% MoM; previous -0.1% MoM;
- PPI: actual 2.2% YoY; forecast 2.2% YoY; previous 1.8% YoY;
- Core PPI: actual 0.5% MoM; forecast 0.2% MoM; previous -0.1% MoM;
- Core PPI: actual 2.4% YoY; forecast 2.4% YoY; previous 2.4% YoY;
- PPI ex. Food/Energy/Transport: actual 0.4% MoM; previous 0.2% MoM;
The Producer Price Index (PPI) for final demand increased by 0.5% month-over-month, surpassing the expected 0.3%, while the previous month's figure was revised from +0.2% to -0.1%. Excluding food and energy, PPI rose by 2.4% year-over-year, meeting expectations, and by 0.5% month-over-month, exceeding the anticipated 0.2%. The market's reaction was influenced by the month-over-month reading; however, the higher number was largely due to a downward revision of the February data. When accounting for these revisions, the data aligns with expectations, reflected in the year-over-year headline figures.
Start investing today or test a free demo
Open account Try demo Download mobile app Download mobile app
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
