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A 0.2% increase in the prices of services accounted for the rise in the monthly PPI last month.
Another very quiet week which starts with a bank holiday on Monday and contains only PPI data on Friday.
Bank of Korea data earlier in the day showed the producer price index (PPI) in February was 4.8 per cent higher than a year earlier, with the pace of increase slowing for an eighth consecutive month.
But coming up later, we do have US PPI figures and the weekly jobless claims to deal with though.
Source: https://www.forexlive.com/news/uk-monthly-gdp-on-the-agenda-for-today-20230713/
Compared with a year ago, PPI was up six percent.
Core PPI (excluding food and energy) was flat with a 0.0% monthly change and a 4.4% increase compared to the same time last year.
Source: https://www.etftrends.com/its-the-economy-that-matters-consumer-price-index-and-more/
Core PPI, which excludes food and energy, rose by 0.1% month over month in November.
Even a midrange smartphone has a pixel density greater than 300 pixels per inch (PPI), which is considered better than the resolution of your retina.
Source: https://www.digitaltrends.com/computing/what-is-screen-door-effect-in-vr/
He mentioned the presidential directive signed on Sunday, inauguration day, in which eight public companies were taken from the Presidency’s Investment Partnerships (PPI) and National Privatization (PND) programs.
In this article, we have chosen three important data points from last week to spotlight – February’s consumer price index (CPI), February’s producer price index (PPI), and February’s retail sales.
Source: https://www.etftrends.com/its-the-economy-that-matters-consumer-price-index-and-more/
It comes just days after law firm Harcus Parker launched legal action for a new wave of PPI claims based on banks and credit card companies secretly charging their customers high levels of commission.
Source: https://www.express.co.uk/news/uk/1819977/supreme-court-ruling-PPI-claims
Japanese rhetoric increased as the dollar moved above JPY140 and speculation of an adjustment in BOJ monetary policy (July 28) increased, while disappointing jobs data and softer CPI and PPI data saw US interest rates fall sharply.
Meanwhile, core PPI, which excludes food and energy, met expectations with a 2.2% annual increase, down from last month’s 2.4% increase, and a 0.2% monthly rise.
Negative CPI and PPI opens up room for rate and RRR cut later this year, which would potentially benefit the capital market."
PPI has fallen for eight consecutive months because of sluggish domestic demand and lower commodity costs.
Source: https://www.hurriyetdailynews.com/china-inflation-stays-low-as-growth-sputters-183810
Sales taxes, which are included in CPI, are excluded from PPI because they are ultimately paid to governments rather than producers.
Source: https://www.breitbart.com/economy/2023/09/14/ppi-jumps-most-in-more-than-a-year/
The Headline PPI is expected to decline back below the Fed's 2% target to 1.1% in November, while the Core PPI is expected to cool to 2.2%.
Source: https://seekingalpha.com/article/4657057-tis-the-season-for-dividends?source=feed_all_articles
The Headline PPI is expected to decline back below the Fed's 2% target to 1.1% in November, while the Core PPI is expected to cool to 2.2%.
Source: https://seekingalpha.com/article/4657057-tis-the-season-for-dividends?source=feed_all_articles
The manufacture of food products has the highest weight in the computation of the PPI, and accounted for 37 percent of the slower year-on-year growth in prices last May.
Source: https://business.inquirer.net/407949/inflation-likely-continued-downtrend-in-june-says-bsp
Then the PPI (Producer Price Index) showed up with a negative number for October (-0.5%), and this is generally a harbinger of what is to come in future CPI readings.