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    HomeLive CommentsUS PPI at -0.3% mom, 2.8% yoy in May

    US PPI at -0.3% mom, 2.8% yoy in May

    US PPI for final demand fell -0.3% mom in May, below expectation of -0.1% mom rise. PPI goods fell -1.6% mom while PPI services rose 0.2% mom. PPI less foods, energy, and trade services was flat mom.

    For the 12 months ended in May, PPI slowed from 3.1% yoy to 2.8% yoy, below expectation of 2.9% yoy. PPI for less foods, energy, and trade services slowed from 3.3% yoy to 2.8% yoy.

    Full US PPI release here.

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