13:33 · 14 March 2024

BREAKING: USD gains after PPI inflation report

EUR/USD
Forex
-
-

US PPI inflation report for February was released today at 12:30 pm GMT. The report was of second-importance, as the more important CPI data was already released on Tuesday. Report was expected to show an acceleration in headline producers' price growth and a small slowdown in core price growth.

However, actual report turned out to be a hawkish surprise - headline inflation accelerated more than expected while core inflation stayed unchanged at 2.00%. USD gained following the release. It looks like higher-than-expected PPI data outweighted a weaker-than-expected retail sales print that was released at the same time.

US PPI inflation for February

  • Headline (annual): 1.6% YoY vs 1.1% YoY expected (0.9% YoY previously)
  • Headline (monthly): 0.6% MoM vs 0.3% MoM expected (0.3% MoM previously)
  • Core (annual): 2.0% YoY vs 1.9% YoY expected (2.0% YoY previously)
  • Core (monthly): 0.3% MoM vs 0.2% MoM expected (0.5% MoM previously)

EURUSD dropped following the release but majority of the losses have been erased already. Source: xStation5

Source: Bloomberg Finance LP, XTB

17 October 2025, 19:03

Daily summary: Trump remarks helps Wall Street 📈Precious metals decline

17 October 2025, 17:37

Fed's Musalem remarks on the US economy and tariffs🗽

17 October 2025, 12:37

The AI Fever: Bubble or Will It Keep Rising?

17 October 2025, 10:01

BREAKING: Final inflation reading matches expectations. Core HICP inflation marginally higher

This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.

Join over 1.7 Million investors from around the world