- Producer Prices in the US decreased slightly to 10.8 % YoY in May from 11.0% in the previous month and below market expectations of 10.9%.
- Producer prices for final demand in the US excluding foods and energy decreased to 8.3% year-on-year in May, following a 8.8% gain in April and below market expectations of a 8.6%.
EURUSD barely reacted to the release of PPI data. The most popular currency pair continued to trade around 1.0460 level. Source: xStation5
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.
