PPI M/M

What is this event?

It’s a leading indicator of consumer inflation – when producers charge more for goods and services the higher costs are usually passed on to the consumer.

Measures

Change in the price of finished goods and services sold by producers.

Effect on Currency

‘Actual’ greater than ‘Forecast’ is good for currency.

Frequency of event

Released monthly, about 14 days after the month ends.

Source of Data

Bureau of Labor Statistics (latest release)