US: Annual core-PPI rises to 2.8% (vs. 2.6% exp) in June from to 2.4% in May

"The Producer Price Index for final demand rose 0.3 percent in June, seasonally adjusted," the U.S.  Bureau of Labor Statistics reported on Wednesday.

Key takeaways from the official publication

  • Final demand prices advanced 0.5 percent in May and 0.1 percent in April.
  • On an unadjusted basis, the final demand index moved up 3.4 percent for the 12 months ended in June, the largest 12-month increase since climbing 3.7 percent in November 2011.
  • Prices for final demand less foods, energy, and trade services moved up 0.3 percent in June after  rising 0.1 percent in May.
  • For the 12 months ended in June, the index for final demand less foods, energy, and trade services climbed 2.7 percent. 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.