Time: 12:30 pm GMT, Morocco time: 1:30 hours, Egypt time: 3:30 hours, Saudi time: 4:30 hours, UAE time: 5:30 hours
Previous: 0.5% Expected: 0.1% Actual: -0.2%
What is the US Producer Price Index (PPI) monthly?
The monthly US producer price index (PPI) is an index that measures the change in the price of goods produced by producers and manufacturers in the United States during a given month. The index includes a wide range of goods and services that are produced in the industrial sector, such as energy, raw materials and final goods.
The monthly PPI is one of the main indicators used by the US government, investors and analysts to determine the extent of price inflation in the US economy. This indicator is considered a temporary indicator because it can be affected by short-term changes in supply and demand, but it gives a general idea of the direction of prices in the US economy.
If the monthly release of the PPI is less than expected, this means that the prices of US products have fallen more than expected over the past month, and this indicates a low level of inflation in the US economy. This decrease in the level of inflation can lead to an improvement in the purchasing power of consumers and encourage investment in the future, and thus can contribute to an increase in economic growth.
Although the decrease in the monthly PPI is generally considered positive, it must be carefully analyzed to determine the actual reasons behind this change. A decrease in the PPI could lead to a decline in stock and currency prices and a negative impact on companies that depend on the production of products and raw materials, which leads to a decline in investment and economic growth in the future.
How does the monthly US Producer Price Index (PPI) affect the trading of the US dollar in the forex market?
The monthly US Producer Price Index (PPI) is an important economic indicator that affects the trading of the US dollar in the forex market. when the PPI decreases, it means that the prices of US products have decreased, and this indicates the possibility of lower inflation in the US economy. When this happens, it can lead to lower interest rates, and this can reduce the attractiveness of the US dollar to investors.
Thus, the PPI can greatly affect the trading of the US dollar in the forex market, as the general direction and path of the US dollar can change based on changes in the PPI and its repercussions on the monetary and economic policy of the United States.
The agency responsible for issuing the US Producer Price Index (PPI)
The US Producer Price Index (PPI) is released bythe Bureau of Labor Statistics of the US Department of Labor. Data is collected through price surveys that are conducted regularly on companies and factories in the United States, and the data is analyzed and a monthly report containing rates of change in the prices of various products is issued.
The PPI is widely used by the US government, investors and analysts to determine the extent of price inflation in the US economy and its future direction, and to make appropriate economic decisions based on that.
When is the US Producer Price Index (PPI) released?
Released monthly, about 13 days after the end of the month
Next release
Jul 12, 2024