US producer price contracts unexpectedly in June

2020-07-10 13:06:21 GMT (Economies.com)
US producer price contracts unexpectedly in June

At 12:30 GMT, the US economy released its monthly PPI reading for June, which shrunk by 0.2%, lower than forecasts and the previous reading of 0.4%. 

 

The core PPI reading (excluding food and fuel prices) also shrunk 0.3%, worse than forecasts and the previous reading of 0.1%. This data is considered negative for the US economy.

 
 
 
  Symbol Last Change Chg.%
1.1785
0.0075
0.6435%
1.3052
0.0037
0.2828%
Tadawul
7499.97
10.08
0.13%
28.209
3.962
16.340%
41.550
1.115
2.757%
44.64
-0.45
1.00%
2032.160
62.805
3.189%
 
 
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