Read more
12:32 PM · 12 July 2024

BREAKING: USD gains after PPI data

-
-
Open account Download free app

US PPI inflation report for June was released today at 1:30 pm BST. While data on US producers' price growth is always worth watching, it should be said that today's report can be considered second-tier release given that CPI print was already released yesterday. Market was expecting PPI report to show a small acceleration in headline and core measures.

However, actual report turned out to be a big surprise. Headline and core PPI measures accelerated much more than expected, with core measure climbing to 3% - the highest level since Q2 2023. Release triggered a hawkish reaction in the markets with USD gaining, while US index futures and precious metals dropped.

US, PPI inflation for June

  • Headline (annual): 2.6% YoY vs 2.3% YoY expected (2.2% YoY previously)
  • Headline (monthly):  0.2% MoM vs 0.1% MoM expected (-0.2% MoM previously)
  • Core (annual): 3.0% YoY vs 2.5% YoY expected (2.3% YoY previously)
  • Core (monthly): 0.4% MoM vs 0.2% MoM expected (0.0% MoM previously)

EURUSD dropped after US PPI data release and tested 50-period moving average on 30-minute interval. Source: xStation5

14 January 2026, 7:19 AM

Economic calendar: US retail sales and PPI data in focus on Wall Street 🗽

14 January 2026, 6:36 AM

Morning wrap (14.01.2026)

13 January 2026, 3:17 PM

Will the U.S. Supreme Court decision shake Wall Street? 🗽 These stocks could benefit

13 January 2026, 1:31 PM

BREAKING: EURUSD spikes on lower-than-expected Core CPI in the US❗️

Join over 2 000 000 XTB Group Clients from around the world

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits