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Why 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.
US DATA
- PPI final demand ex fd & energy: -0.13% M/M (cons +0.2) in March but the miss is offset by prior upward revisions through Nov-Feb.
- PPI final demand ex food, energy & trade services: 0.07% M/M (cons 0.3) but with smaller upward revisions, with only really the Jan’23 of note at +0.1pp.
- The main takeaway is that PPI inflation has slowed more notably in the past two months, better reflecting the improvement in supply chain pressures although it hasn’t yet fully fed through to core CPI underlying goods – see chart.
Why 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.
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