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Writer's pictureRosbel Durán

🇺🇸*U.S. JUN. PRODUCER PRICES RISE 7.3% Y/Y, EST. 6.8%

*U.S. JUN. CORE PRODUCER PRICES 5.6% Y/Y, EST. 5.1%

*U.S. JUN. PRODUCER PRICES 1.0% M/M, EST. 0.6%


BLS:

  • On an unadjusted basis, the final demand index moved up 7.3 percent for the 12 months ended in June, the largest advance since 12-month data were first calculated in November 2010.

  • Nearly 60 percent of the June advance in the final demand index can be traced to a 0.8-percent increase in prices for final demand services. The index for final demand goods moved up 1.2 percent.

  • For the 12 months ended in June, the index for final demand less foods, energy, and trade services moved up 5.5 percent, the largest advance since 12-month data were first calculated in August 2014.



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