US: Expect PPI to have risen by 0.3% m/m in Jan - Barclays

Dhwani Mehta FXStreet

Barclays Research Team is out with its take on today’s US PPI data that will be reported at 1230GMT.

Key Quotes:

“We expect final demand PPI to have risen by 0.3% on the month (2.4% y/y) in January.

For core PPI, we forecast an increase of 0.2% m/m and 2.0% y/y.

We look for a substantial increase in energy prices, while we also expect food prices to stage a firm rebound. Final demand PPI has gradually picked up over the past year as the drag from the energy component has diminished.”

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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