© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

MNI BRIEF: Mester Says Fed Likely Has Some More Work To Do

MNI: US Treasury Market Needs Restructuring-Jackson Hole Paper

MNI: Canada June YOY Budget Surplus Narrows As Spending Up 10%

EZ/UK Bond Supply Calendar: EU to sell 3/18-year bonds Monday

EZ/UK T-Bill Calendar: Germany / France to issue on Monday

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT FINAL AUG INDEX 69.5

MNI BRIEF: China Will Look To Belt & Road Amid Trade Tensions

MNI BRIEF: BOC Staff Paper Sees Few Signs Of 'Greedflation'

MNI BRIEF: Canada Raises Bank Capital Buffer On Housing Risk

MNI: US DATA: JUNE PPI -0.2%; CORE -0.3%.............>

MNI, NEWS
MNI: US DATA: JUNE PPI -0.2%; CORE -0.3%
------------------------------------------
-US JUNE FINAL DEMAND PPI -0.2%, EX FOOD, ENERGY -0.3%
-US JUN FINAL DEMAND PPI EX FOOD, ENERGY, TRADE SERVICE 0.3%
-US JUN FINAL DEMAND PPI Y/Y -0.8%, EX FOOD, ENERGY Y/Y 0.1%
-US JUN PPI: FOOD -5.2%; ENERGY 7.7%
------------------------------------------
U.S. PPI fell by 0.2% in June, dipping far below market expectations for a 0.4%
gain. The Bureau of Labor statistics said Thursday that the decrease in final
demand PPI was primarily driven by a 0.3% decline in prices for final demand
services, though that was partially offset by a 0.2% increase in prices for
final demand goods. Prices of final demand foods fell -5.2%, while final demand
energy rose 7.7%. Excluding food and energy, PPI was down 0.3% in June when
markets had expected a 0.1% increase. Excluding food, energy and trade services,
PPI was up 0.3%, coming in above expectations for a 0.1% increase and posting
the largest single-month increase since January.
MarketsFixed Income NewsForeign Exchange News
MarketsFixed Income NewsForeign Exchange News

To read the full story

Why Subscribe to

MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.