Tainted Alpha

(For January 2011)

U.S. producer price index rose 0.8% in January vs. 0.8% consensus. December reading was at 0.9% (revised from 1.1%). On year level PPI is up 3.4%.

 

Food & energy taken out U.S. producer price index rose 0.5% in January; consensus was at 0.2%; prior reading was also at 0.3%. On year level core PPI is up 1.5%.

Favorable report, moderation in inflation.

U.S. Producer Price Index

This entry was posted on Wednesday, February 16th, 2011 at 9:02 am and is filed under U.S. Economic Data. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.