PPI
  • Prior was +2.4% (revised to +2.5%)
  • PPI +0.1% m/m vs +0.2% expected
  • Prior m/m -0.5% (revised to -0.2%)
  • Ex food and energy +3.0% y/y vs +3.1% expected
  • Ex food and energy +0.1% m/m vs +0.3% expected
  • Ex food, energy and trade +2.7% vs +2.9% prior
  • Ex food, energy and trade +0.1% vs -0.1% prior

There revisions to the prior mask some of the coolness in inflation but overall, these numbers are only slightly lower than expected. The US dollar is softer in the aftermath of initial jobless claims, which were released at the same time.

Source: Forex Live