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    HomeLive CommentsUS PPI up 0.3% mom, 3.5% yoy in Jan, above expectations

    US PPI up 0.3% mom, 3.5% yoy in Jan, above expectations

    ActionForex
    By ActionForex

    US PPI for final demand rose by 0.4% mom in January, exceeding market expectations of 0.2% mom.

    Final demand services increased by 0.3% mom, while final demand goods rose by 0.6% mom. Core PPI measure, which strips out volatile food, energy, and trade services, climbed 0.3% mom.

    On an annual basis, headline PPI accelerated to 3.5% yoy, surpassing forecasts of 3.2% yoy. Core PPI followed closely, advancing 3.4% yoy.

    Full US PPI release here

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