Higher numbers than forecast tend to be bullish for USD/xxx pairs and bearish for xxx/USD pairs.
The typical/expected impact on USD pairs is medium.
The consensus forecast for Producer Price Index (MoM) is 0.3%. A higher value than forecast tends to be bullish for USD/xxx pairs and bearish for xxx/USD pairs.
The most recent announced value for Producer Price Index (MoM) was 0.4% against a forecast of 0.2%.
Recent economic data has been broadly neutral for USD. Other recent announcements which may affect the market's interpretation of the next Producer Price Index (MoM) result:
Country: | United States |
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Currency: | USD |
Source: | US Bureau of Labor Statistics |
Category: | Inflation |
Frequency: | Monthly |