MNI BRIEF: BOJ To Adjust Easy Policy Cautiously - Nakamura

MNI: PBOC Net Drains CNY153 Bln via OMO Thursday

MNI: PBOC Sets Yuan Parity Lower At 7.1879 Thurs; -1.82% Y/Y

MNI BRIEF: Fed's Daly Says No 'Urgency' To Lower Rates

MNI BRIEF: Powell Says US Is 'Far' From Fiscal Dominance

MNI BRIEF: US Firms Wary of Tariff-Related Inflation - Fed

MNI:AUSTRALIA OCT TRADE BALANCE A$+5953

EZ/UK Bond Supply Calendar: Spain, France Auction, UK Tender

US EIA: CRUDE OIL STOCKS EX SPR -5.07M TO 423.4M NOV 29 WK

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

US PPI Shows Further Strength

DATA REACT
  • PPI final demand inflation was stronger than expected in Nov, with headline up +0.8% M/M (cons 0.5%) and core +0.7% M/M (cons 0.4%).
  • This pushed Y/Y rates up to 9.6% and 7.7% respectively. That's the highest since Nov'10 for headline and a new series high for the core series first calculated in Aug'14.
  • The re-acceleration in sequential core PPI inflation appears relatively broad-based, with the main three categories of core goods (0.8% M/M), transportation & warehousing (1.9% M/M) and other services (0.6% M/M) all accelerating on the month.
  • Whilst further evidence of underlying inflationary pressures, it does little to change market expectations for the Fed tomorrow.
  • EDZ2 is near enough unchanged on the release whilst TYH2 futures have pared the initial rally and are unchanged at 130-24, remaining within today's narrow range on low volumes.
DataHomepageData BulletBulletMarketsFixed Income BulletsForeign Exchange Bullets

To read the full story

Close

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.