I=6
Headline PPI rose 0.2% in December, less than 0.4% estimate
- Core PPI was flat in December versus 0.3% forecast and 0.2% growth in November.
- On a yearly basis, core PPI rose 3.5%, below 3.8% estimate and unchanged from the previous month (revised upwards from 3.4%).
- Headline PPI rose 0.2% during the month versus expectations to stay unchanged at 0.4%.
- On a yearly basis, PPI was up 3.3%, lower than 3.5% estimate but above 3.0% in November.
- S&P 500 futures and Nasdaq 100 futures gained 0.5% each while Dow Jones futures rose 0.4% following the report.