US producer prices slower than expected in December

2022-01-13 14:14:21 GMT (Economies.com)
US producer prices slower than expected in December

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.

 
 
 
  Symbol Last Change Chg.%
1.1346
-0.0058
0.5127%
1.3554
-0.0103
0.7569%
Tadawul
12238.77
-35.50
0.29%
24.347
1.336
5.803%
84.900
1.031
1.229%
87.69
-0.69
0.78%
1834.610
14.150
0.777%
 
 
Live Forex Updates