Free Trial
USDCAD TECHS

Heading South

AUDUSD TECHS

Northbound

EURJPY TECHS

Breaches Key Short-Term Support

US TSYS

Late SOFR/Treasury Option Trade

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
Repeats Story Initially Transmitted at 11:35 GMT May 9/07:35 EST May 9
     WASHINGTON (MNI) - Final demand PPI is expected to rise 0.2% in April after
a 0.3% gain in March. Energy prices are expected to surge after a dip in March,
with gasoline a driving factor, while food prices are expected to flatten after
surging in the previous month. Excluding food and energy prices, PPI is forecast
to rise 0.2% after a stronger than expected 0.3% increase in the previous month.
     Analysts sharply underestimated final demand PPI in February and March, but
were closer to core PPI in those two months. The misses in the last ten April
reports suggest a slight risk of an overestimate for overall PPI, but an
underestimate for core PPI.
                                  Nov-17  Dec-17  Jan-18  Feb-18  Mar-18  Apr-18
--------------------------------------------------------------------------------
Overall PPI Forecast:
Median                               0.3     0.2     0.4     0.1     0.1     0.2
Range High                           0.5     0.3     0.6     0.2     0.2     0.4
Range Low                            0.2     0.0     0.2     0.0     0.0     0.2
Actual result                        0.4    -0.1     0.4     0.2     0.3    #N/A
Median-Actual                       -0.1     0.3     0.0    -0.1    -0.2    #N/A
Historical Comparison             Apr-12  Apr-13  Apr-14  Apr-15  Apr-16  Apr-17
Median                               0.0    -0.6     0.2     0.1     0.3     0.2
Range High                           0.3     0.0     0.3     0.2     0.5     0.4
Range Low                           -0.6    -0.9    -0.2    -0.1     0.2     0.1
Actual result                       -0.2    -0.7     0.6    -0.4     0.2     0.5
Median-Actual                        0.2     0.1    -0.4     0.5     0.1    -0.3
                                  Nov-17  Dec-17  Jan-18  Feb-18  Mar-18  Apr-18
Core PPI Forecast:
Median                               0.2     0.2     0.2     0.2     0.2     0.2
Range High                           0.2     0.2     0.5     0.2     0.2     0.3
Range Low                            0.0     0.1     0.1     0.1     0.2     0.2
Actual result                        0.3    -0.1     0.4     0.2     0.3    #N/A
Median-Actual                       -0.1     0.3    -0.2     0.0    -0.1    #N/A
Historical comparison:            Apr-12  Apr-13  Apr-14  Apr-15  Apr-16  Apr-17
Median                               0.2     0.1     0.2     0.1     0.1     0.2
Range High                           0.3     0.2     0.2     0.2     0.3     0.2
Range Low                            0.1    -0.5    -0.1     0.0     0.1     0.1
Actual result                        0.2     0.1     0.5    -0.2     0.1     0.4
Median-Actual                        0.0     0.0    -0.3     0.3     0.0    -0.2
NOTE: From Jan. 2014
forward, forecast data are
for Final Demand PPI and
Core
                                          Dec-17  Jan-18  Feb-18  Mar-18  Apr-18
USDA Farm Prices Rec'd Index
(% chg)                                      0.8    -6.2     5.7     1.5    #N/A
ISM Mfg Index Price Index                   69.0    72.7    74.2    78.1    79.3
ISM Nonmfg Index Price Index                59.9    61.9    61.0    61.5    61.8
--MNI Washington Bureau; tel: +1 202-371-2121; email: kevin.kastner@marketnews.com
[TOPICS: MTABLE]

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.