US producer prices slower than expected in December
Economies.com
2022-01-13 13:38PM UTC
At 13:30 GMT, the US economy released its reading for the producer prices index, which rose by 0.2% in December, lower than the previous reading 0.8%, and lower than forecasts of 0.4%.
The core reading (excluding food and fuel prices) rose by 0.5%, on par with forecasts, and lower than the previous reading of 0.7%. This data is negative for the US dollar.
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