Higher numbers than forecast tend to be bullish for USD/xxx pairs and bearish for xxx/USD pairs.
The typical/expected impact on USD pairs is medium.
The consensus forecast for Producer Price Index (YoY) is 2.7%. A higher value than forecast tends to be bullish for USD/xxx pairs and bearish for xxx/USD pairs.
The most recent announced value for Producer Price Index (YoY) was 3% against a forecast of 2.7%.
Recent economic data has been moderately bullish for USD. Other recent announcements which may affect the market's interpretation of the next Producer Price Index (YoY) result:
| Country: | United States |
|---|---|
| Currency: | USD |
| Source: | US Bureau of Labor Statistics |
| Category: | Inflation |
| Frequency: | Monthly |