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The Producer Price Index (PPI) for....>

US DATA REACT
US DATA REACT: The Producer Price Index (PPI) for final demand unexpectedly
declined 0.1 percent in December, primarily on lower service prices, noted
analysts at Wells Fargo. They see that excluding food, energy and trade
services, the PPI remains firm near the series high.
- They added, "our favorite core measure, excluding food, energy and trade
services, recorded a small monthly gain, rising 0.1 percent and 2.3 percent over
the past year."
- "The start of the New Year is historically a time when firms test pricing
power. With the economy on an upswing and commodity prices continuing to rise,
the upward momentum exhibited with producer prices during 2017 should continue
in early 2018."

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