- Prior was 1.6%
- PPI +0.2% vs +0.3% expected (+0.23% unrounded)
- Ex-food and energy +2.4% y/y vs +2.3% expected
- Prior ex-food and energy +2.0% (revised to +2.1%)
- Ex-food and energy +0.2% vs +0.2% expected
- Ex food, energy and trade +0.2% vs +0.2% expected
This is a slightly dovish read but it only slightly dulls yesterday’s hot CPI.
This article was written by Adam Button at www.forexlive.com.
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