BREAKING: USD jumps after higher-than-expected PPI data

US PPI inflation report and housing market data for January was released today at 1:30 pm GMT. PPI report was expected to show a deceleration in headline and core producers' price growth, while housing market data was expected to show a small increase in building permits as well as flat housing starts compared to December.

Actual report turned out to be quite a big surprise - headline PPI barely slowed, core PPI accelerated and housing market data turned out to be much worse than expected. Based on market reaction, a beat in PPI data seem to outweigh misses in housing market numbers - USD surged following the release while US index futures dropped.

US, PPI inflation for January

Headline (monthly): 0.3% MoM vs 0.1% MoM expected (-0.2% MoM previously)
Headline (annual): 0.9% MoM vs 0.6% YoY expected (1.0% YoY previously)
Core (monthly): 0.5% MoM vs 0.1% MoM expected (-0.1% MoM previously)
Core (annual): 2.0% MoM vs 1.6% YoY expected (1.8% YoY previously)

US, housing market data for January

Building permits: 1470k vs 1510k expected (1493k previously)
Building permits: -1.5% MoM vs +1.3% MoM (+1.8% MoM previously)
Housing starts: 1331k vs 1460k expected (1460k previously)
Housing starts: -14.8% MoM vs 0.0% MoM expected (-4.3% MoM previously)

EURUSD slumps below 50- and 200-hour moving average following a higher-than-expected PPI reading for January. Source: xStation5

9 December 2025, 3:01 PM

BREAKING: US JOLTS much higher than expected

9 December 2025, 11:01 AM

BREAKING: US NFIB Business Optimism Index much higher than expected🗽

9 December 2025, 7:28 AM

Economic calendar: ADP and JOLTS data in focus

8 December 2025, 7:14 AM

Economic Calendar: a calm start to an interesting week 🔎

Economic reports

Cookie name	Description
SERVERID
userBranchSymbol	Expiration date 1 day
test_cookie	Expiration date 1 hour
adobe_unique_id	Expiration date 364 days
__hssc	Expiration date 1 hour
SESSID	Expiration date 1 day
__cf_bm	Expiration date 1 hour
intercom-id-iojaybix	Expiration date 270 days
intercom-session-iojaybix	Expiration date 6 days
xtbCookiesSettings	Expiration date 364 days
TS5b68a4e1027
countryIsoCode
xtbLanguageSettings	Expiration date 364 days
userPreviousBranchSymbol	Expiration date 364 days
intercom-device-id-iojaybix	Expiration date 270 days
__cfruid
_cfuvid

Cookie name	Description
_gid	Expiration date 1 day
_gat_UA-98728395-1	Expiration date 1 hour
_gat_UA-121192761-1	Expiration date 1 hour
_gcl_au	Expiration date 89 days
_ga_CBPL72L2EC	Expiration date 729 days
_ga	Expiration date 729 days
__hstc	Expiration date 179 days
__hssrc
_vwo_uuid_v2	Expiration date 365 days
_ga_TC79BEJ20L	Expiration date 729 days
_vwo_uuid	Expiration date 365 days
_vwo_ds	Expiration date 29 days
_vwo_sn	Expiration date 1 hour
_vis_opt_s	Expiration date 99 days
_vis_opt_test_cookie
af_id	Expiration date 394 days
afUserId	Expiration date 730 days
AF_SYNC	Expiration date 6 days
AnalyticsSyncHistory	Expiration date 29 days

Cookie name	Description
MUID	Expiration date 389 days
_omappvp	Expiration date 3998 days
_omappvs	Expiration date 1 hour
_uetsid	Expiration date 1 day
_uetvid	Expiration date 389 days
_fbp	Expiration date 89 days
fr	Expiration date 89 days
_ttp	Expiration date 89 days
_tt_enable_cookie	Expiration date 89 days
hubspotutk	Expiration date 179 days
IDE	Expiration date 389 days
YSC
VISITOR_INFO1_LIVE	Expiration date 179 days
li_sugr	Expiration date 89 days
guest_id_marketing	Expiration date 729 days
guest_id_ads	Expiration date 729 days
guest_id	Expiration date 729 days
muc_ads	Expiration date 729 days
VISITOR_PRIVACY_METADATA	Expiration date 179 days
MSPTC	Expiration date 389 days

Cookie name	Description
bcookie	Expiration date 364 days
lidc	Expiration date 1 day
UserMatchHistory	Expiration date 29 days
bscookie	Expiration date 364 days
li_gc	Expiration date 179 days
personalization_id	Expiration date 729 days

BREAKING: USD jumps after higher-than-expected PPI data

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