US: Strong inflation data – TDS

Sandeep Kanihama FXStreet Contributor

Analysts at TD Securities point out that the US PPI inflation exceeded expectations yesterday, printing 0.4% MoM and 1.1% YoY (market: 0.3% and 0.9%, respectively).

Key Quotes

“Core price inflation, on the other hand, surprised to the downside at 0.1% vs expectations at 0.2%. PPI goods inflation (ex-food and energy) remained subdued at 0.0% m/m, suggesting no visible signs of pass through from tariffs and no pricing pressures building up in the pipeline.”

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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