US PPI up 0.3% mom, 3.5% yoy in Jan, above expectations

US PPI for final demand rose by 0.4% mom in January, exceeding market expectations of 0.2% mom. Final demand services increased by 0.3% mom, while final demand goods rose by 0.6% mom. Core PPI measure, which strips out volatile food, energy, and trade services, climbed 0.3% mom. On an annual basis, headline PPI accelerated to […]

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