U.S. Producer Price Index Comes in Below Expectations on Monthly and Annual Basis

The latest U.S. inflation data showed headline and core producer prices rising less than expected, a result that traders often watch for signals on interest-rate expectations and risk assets including crypto.

Summary

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Terms & Concepts
  • Producer Price Index: An inflation measure tracking prices received by producers for goods and services before they reach consumers.
  • Core PPI: A version of Producer Price Index that excludes some volatile components to show underlying inflation trends.
  • Year-over-year: A comparison of data with the same period one year earlier to show longer-term change.