US July PPI 7.8% y/y vs 7.3% expected

July producer price index data

• Prior was 7.3%
• Ex food and energy 6.2% y/y vs 5.6% expected
• Prior ex food and energy +5.6%
• Ex food and energy +1.0% m/m vs +0.5% expected
• Prior ex food and energy +1.0% m/m

I can't imagine the market is too dialed into this report given that CPI was out yesterday but the US dollar is showing some strength.

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August 13, 2021 at 12:33AM
Adam Button
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