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Dec PPI +0.1%, Core Below Expected At +0.1%.>

US DATA
US DATA: Dec PPI +0.1%, Core Below Expected At +0.1%
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- Headline PPI +0.1% vs +0.2% BBG; +1.3% y/y (largest increase since April)  
- Core PPI +0.1% vs +0.2% BBG; +1.1% y/y (prev +1.3%)
- PPI ex. food, energy, trade +0.1% (+1.5% y/y); trade services -0.3% m/m 
- Energy prices +1.5% (gas +3.7%), food prices -0.2% 
- Final demand goods +0.3% m/m, +1.1% y/y
- Personal consumption prices flat, ex. food and energy -0.1%
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December final dmand PPI rose 0.1% in December, below forecasts for a 
0.2% gain. The December PPI data was largely driven by a 0.3% increase 
in final demand goods, bolstered by a 1.5% surge in final demand energy 
prices. Core PPI also increased 0.1% in December when markets had 
predicted 0.2% m/m growth.  

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