- Prior -0.5%
Producer prices were seen up compared to the previous month but year-on-year, remain down by 1.1%. Looking at the details, there were increases in the price for capital goods (+0.2%), consumer goods (+0.2%), and durable goods (+0.2%). This is offset slightly by a decline in prices for intermediate goods (-0.3%).
This article was written by Justin Low at www.forexlive.com.
Related Articles
China to channel “hundreds of billions of yuan” annually from insurers into equities
China has unveiled a major initiative to channel hundreds of billions of...
USD/INR trades with mild gains amid further foreign outflows
The Indian Rupee (INR) edges lower on Thursday. The continued selling by...
Bank of England Financial Policy Committee External Member Carolyn Wilkins speaks Thursday
1000 GMT / 0500 US Eastern time - Bank of England Financial...
Japanese Yen hangs near one-week low against USD; focus remains on BoJ meeting
The Japanese Yen (JPY) edges higher during the Asian session on Thursday...
Leave a comment