USD PPI Ex Food & Energy (Y/Y)

Actual
2%
Previous
2.3%
Forecast
2.3%

The Producer Price Index Ex Food & Energy is released by the Bureau of Labor statistics and measures changes in the selling prices producers charge for goods and services. PPI is important as an early indicator of inflation. The report is also an image depicting how higher prices from raw materials flow toward the final product. The Fed often raise interest rates to check inflation because of the economic instability associated with growing price levels.

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