US PPI rose 0.3% mom in January above expectation of 0.1% mom. PPI goods declined -0.2% mom while PPI services rose 0.6% mom. PPI less foods, energy, and trade services rose 0.6% mom, the largest advance since January 2023. For the 12-month period, PPI slowed from 1.0% yoy to 0.9% yoy, above expectation of 0.7% […]
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