United States: Core PPI higher than estimates at 0.4%

The consensus counted on 0.2%. The previous publication was 0.4%.

This index measures the change in the price of finished goods and services sold by producers, excluding food and energy. It excludes any taxes, transport and trade margins that the purchaser may have to pay. It is considered as a leading indicator of price changes throughout the American economy, including changes in the prices of consumer goods and services.