Monitor US Core PPI m/m to gauge underlying inflation trends, excluding volatile food and energy costs.
As of February 2014, the calculation formula for the series was updated. Food and energy prices account for approximately 40% of the total Producer Price Index (PPI), which often diminishes the significance of the Core data.
What it Measures
This indicator tracks changes in the prices of finished goods and services sold by producers, excluding food and energy.
Usual Effect
When 'Actual' figures exceed 'Forecast', it is favorable for the currency.
Source & Frequency
Bureau of Labor Statistics (latest release) - https://www.bls.gov/ • This data is released monthly, roughly 13 days following the end of the month.
How Data is Derived
N/A
Also Known As
Core Finished Goods PPI, Core PPI for Final Demand
Acronym
Producer Price Index (PPI)