Producer Price Index (MoM)

The Producer Price Index released by the Bureau of Labor statistics, Department of Labor measures the average changes in prices in primary markets of the US by producers of commodities in all states of processing. Changes in the PPI are widely followed as an indicator of commodity inflation. Generally speaking, a high reading is seen as positive (or bullish) for the USD, whereas a low reading is seen as negative (or bearish).

Most recent - Thursday 12 September 2024 12:30

Previous
0%
Revised
0%
Forecast
0.1%
Actual
0.2%

Higher numbers than forecast tend to be bullish for USD/xxx pairs and bearish for xxx/USD pairs.

Next event - Friday 11 October 2024 12:30

Previous
-
Forecast
-
Actual
-

The typical/expected impact on USD pairs is medium.

There is no forecast value for Producer Price Index (MoM) yet - check back for updates.

Trading range

Forecast history

The most recent announced value for Producer Price Index (MoM) was 0.2% against a forecast of 0.1%.

Past events

Date
Forecast
Actual
Thursday 12 September 2024 12:30
0.1%
0.2%
Tuesday 13 August 2024 12:30
0.1%
0.1%
Friday 12 July 2024 12:30
0.1%
0.2%
Thursday 13 June 2024 12:30
0.1%
-0.2%
Tuesday 14 May 2024 12:30
0.3%
0.5%
Thursday 11 April 2024 12:30
0.3%
0.2%
Thursday 14 March 2024 12:30
0.3%
0.6%
Friday 16 February 2024 13:30
0.1%
0.3%
Friday 12 January 2024 13:30
0.1%
-0.1%
Wednesday 13 December 2023 13:30
0.1%
0%
Wednesday 15 November 2023 13:30
0.1%
-0.5%
Wednesday 11 October 2023 12:30
0.4%
0.5%
Thursday 14 September 2023 12:30
0.4%
0.7%
Friday 11 August 2023 12:30
0.2%
0.3%
Thursday 13 July 2023 12:30
0.2%
0.1%
Wednesday 14 June 2023 12:30
-0.1%
-0.3%
Thursday 11 May 2023 12:30
0.3%
0.2%
Thursday 13 April 2023 12:30
0%
-0.5%
Wednesday 15 March 2023 12:30
0.3%
-0.1%
Thursday 16 February 2023 13:30
0.4%
0.7%
Wednesday 18 January 2023 13:30
-0.1%
-0.5%
Friday 9 December 2022 13:30
0.1%
0.3%
Tuesday 15 November 2022 13:30
0.5%
0.2%
Wednesday 12 October 2022 12:30
0.2%
0.4%
Wednesday 14 September 2022 12:30
-0.1%
-0.1%
Thursday 11 August 2022 12:30
0.2%
-0.5%
Thursday 14 July 2022 12:30
0.8%
1.1%
Tuesday 14 June 2022 12:30
0.8%
0.8%
Thursday 12 May 2022 12:30
0.5%
0.5%
Wednesday 13 April 2022 12:30
1.1%
1.4%
Tuesday 15 March 2022 12:30
0.9%
0.8%
Tuesday 15 February 2022 13:30
0.5%
1%
Thursday 13 January 2022 13:30
0.4%
0.2%
Tuesday 14 December 2021 13:30
0.5%
0.8%
Tuesday 9 November 2021 13:30
0.6%
0.6%
Thursday 14 October 2021 12:30
0.6%
0.5%

Economic context

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 (MoM) result:

PreviousLatest
Monthly Budget StatementBearish change$-244B$-380B
Initial Jobless ClaimsBearish change228K230K
Producer Price Index (YoY)Bearish change2.1%1.7%
Producer Price Index ex Food & Energy (MoM)Bullish change-0.2%0.3%
Producer Price Index ex Food & Energy (YoY)Bullish change2.3%2.4%
Consumer Price Index (MoM)(no change)0.2%0.2%
Consumer Price Index (YoY)Bearish change2.9%2.5%
Consumer Price Index ex Food & Energy (MoM)Bullish change0.2%0.3%
Consumer Price Index ex Food & Energy (YoY)(no change)3.2%3.2%
Average Hourly Earnings (MoM)Bullish change0.2%0.4%
Average Hourly Earnings (YoY)Bullish change3.6%3.8%
Labor Force Participation Rate(no change)62.7%62.7%
Nonfarm PayrollsBullish change89K142K
U6 Underemployment RateBearish change7.8%7.9%
Unemployment RateBullish change4.3%4.2%
ISM Services Employment IndexBearish change51.150.2
ISM Services New Orders IndexBullish change52.453
ISM Services PMIBullish change51.451.5
ISM Services Prices PaidBullish change5757.3
S&P Global Composite PMIBullish change54.154.6
Initial Jobless ClaimsBullish change232K227K
Nonfarm ProductivityBullish change2.3%2.5%
Unit Labor CostsBearish change0.9%0.4%
ADP Employment ChangeBearish change111K99K
Challenger Job CutsBullish change25.885K75.891K
Factory Orders (MoM)Bullish change-3.3%5%
JOLTS Job OpeningsBearish change7.91M7.673M
ISM Manufacturing Employment IndexBullish change43.446
ISM Manufacturing New Orders IndexBearish change47.444.6
ISM Manufacturing PMIBullish change46.847.2
ISM Manufacturing Prices PaidBullish change52.954
Michigan Consumer Sentiment IndexBullish change67.867.9
UoM 5-year Consumer Inflation Expectation(no change)3%3%
Chicago Purchasing Managers' IndexBullish change45.346.1
Core Personal Consumption Expenditures - Price Index (MoM)(no change)0.2%0.2%
Core Personal Consumption Expenditures - Price Index (YoY)(no change)2.6%2.6%
Personal Consumption Expenditures - Price Index (MoM)Bullish change0.1%0.2%
Personal Consumption Expenditures - Price Index (YoY)(no change)2.5%2.5%
Personal Income (MoM)Bullish change0.2%0.3%
Personal SpendingBullish change0.3%0.5%

About Producer Price Index (MoM)

Country:United States
Currency:USD
Source:US Bureau of Labor Statistics
Category:Inflation
Frequency:Monthly

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