US Producer Price Index
Publish Date : 2019/07/15 - 06:45
Analysts at the Australian and New Zealand Banking Group (ANZ) said they were commenting on US manufacturing price data released on Friday.
They say: "Producer prices in the United States are better than expected in June, while showing signs of inflation in the economy. Producer prices that include food and energy will offset market expectations and The 0.3% increase month-to-month ratio in June (up from 0.2% in the month-to-month ratio).
The index, which had remained unchanged since last month, rose by 2.3% year on year in June, and also disrupted market expectations this month, up 0.1% month-by-month and 1.7% relative to Year by year increases.
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