Producer Price Index (PPI)

Aron · January 14, 2025, 1:42pm

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.

Aron · February 13, 2025, 1:52pm

I=6
Headline PPI rose 0.4% in January, higher than 0.3% estimate

Core PPI rose 0.3% in January, in line with the forecast and down from 0.4% in December (revised up from 0.0%).
On a yearly basis, core PPI was up 3.6%, below 3.3% forecast and down from 3.7% in December (revised up from 3.5%).
Headline PPI was up 0.4% on the month, higher than 0.3% estimate but down from 0.5% in December (revised up from
0.2%)
On a yearly basis, headline PPI rose 3.5%, above 3.2% estimate and unchanged from December (revised up from 3.3%).
PPI growth was driven by services as usual.

Aron · March 13, 2025, 12:38pm

I=7
Producer price index was flat in February, below 0.3% estimate

Headline PPI was flat during the month of February, below 0.3% forecast and down from 0.6% (revised upwards from 0.3%) in January.
Core PPI fell 0.1%, against expectations for a 0.3% increase and below 0.5% growth (revised upwards from 0.3%) in January.
On a yearly basis, headline PPI rose 3.2%, below 3.3% estimate and 3.7% growth (revised upwards from 3.5%) in January.
Core PPI was up 3.4% on a yearly basis, lower than 3.6% forecast and down from 3.8% in the previous month (revised upwards from 3.6%).
The flat growth was driven by a 0.2% drop in service costs which offsetted a 0.3% increase in goods.