US PPI Ex Food, Energy and Trade MoM (Jan) M/M 0.3% (Prev. 0.3%, Rev. From 0.4%)
Newsquawk Staff ·
US PPI Ex Food, Energy and Trade MoM (Jan) M/M 0.3% (Prev. 0.3%, Rev. From 0.4%)
What it means
The U.S. PPI Ex Food, Energy, and Trade for January came in at 0.3%, matching the previous month's figure but revised down from an earlier estimate of 0.4%. This consistent reading suggests underlying inflation pressures may be stabilizing, which could influence expectations for future monetary policy and interest rates. Traders should monitor how this data is received, particularly in relation to risk assets and the USD, given its implications for inflation and growth trends.
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