Open Demo Account
Home / Market Update / US Annual PPI Remains at to 9.7% in January

US Annual PPI Remains at to 9.7% in January

Adel 15 February, 2022 5:01 pm Market Update

The headline US Producer Price Index (PPI) rose at an annual pace of 9.7% in January, according to the latest report from the US Bureau of Labor Statistics on Tuesday. That was well above the median economist forecast for 9.1% and was unchanged December’s 9.7% reading. MoM, PPI came in at 1.0% in January, well above expectations for a 0.5% MoM gain.

Tags

Check Also

Dollar Holds Steady as Strong US Data and Global Tensions Keep Markets on Edge

Investors Seek Safety Amid Economic UncertaintyGlobal currency markets traded cautiously as the US Dollar remained …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends