U.S. December PPI year-on-year 3%, expected 2.8%, previous value 3%
In December, the U.S. PPI increased by 3% year-on-year, higher than the expected 2.8%, and unchanged from the previous value. The core PPI rose by 3.3% year-on-year, also above the expected 2.9%. Following the data release, the U.S. dollar index slightly increased to 96.62, U.S. stock futures dipped slightly, with NASDAQ 100 futures down 0.7%. Spot gold prices rose slightly to $5,013.37 per ounce, and the 10-year Treasury yield increased to 4.254%
On the 30th, data released by the U.S. Bureau of Labor Statistics showed:
- U.S. December PPI year-on-year 3%, expected 2.8%, previous value 3%
- U.S. December core PPI year-on-year 3.3%, expected 2.9%, previous value 3%.
After the data was released, the U.S. dollar index slightly rose, currently reported at 96.62. U.S. stock futures slightly declined, with NASDAQ 100 index futures down 0.7%. Spot gold slightly increased, currently reported at $5013.37 per ounce. The U.S. 10-year Treasury yield slightly rose, currently reported at 4.254%.
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