US: Annual Core PPI Arrives at 0.1% in June

Annual core PPI in the U.S. fell more than expected in June, as data published by the US Bureau of Labor Statistics on Friday showed that US PPI for final demand decreased to -0.2% in June from 0.4% in May, on an annual basis. The index remained unchanged at -0.8% contrary to market expectations of -0.2%.

The annual core PPI, which excludes food and energy fell to 0.1%, contrary to analyst expectations of 0.4%.

The US dollar ignored those numbers and remained in a daily range around 96.70, with slight daily losses.