Producer Price Index m/m shows average changes in selling prices received by domestic producers of goods and services in the specified month compared to the previous one. The index reflects price changes in primary markets of the United States from the perspective of the seller and is calculated based on the prices for the base period (current PPI base year is set as 1982).
PPI is used for preparing an inflation outlook.
The indicator growth can have a positive effect on dollar quotes.
The chart of the entire available history of the "United States Producer Price Index (PPI) m/m" macroeconomic indicator. The dashed line shows the forecast values of the economic indicator for the specified dates.
A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.