PPI m/m

Measures Change in the price of finished goods and services sold by producers;
Usual Effect Actual > Forecast = Good for currency;
FF Notes Tends to have more impact when it’s released ahead of the CPI data because the reports are significantly correlated;
Why Traders
Care
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;
Also Called Finished Goods PPI. Wholesale Prices;
Acro Expand Producer Price Index (PPI);

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