US: PPI inflation is expected to come in flat - TDS

Sandeep Kanihama FXStreet Contributor

Analysts at TD Securities suggest that the US PPI inflation is expected to come in flat on a monthly basis in June, bringing the annual measure lower to 1.6% from 1.8% y/y in May.

Key Quotes

“Core PPI inflation is projected to print 0.2% m/m and 2.1% y/y. We will look for the details that feed into the PCE deflator (portfolio mgmt. fees and airfares, in particular) to get a better indication about core PCE inflation for June. Reported June CPI data is already hinting at a firm expansion for the month.”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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