Q2 PPI
+0.5% q/q, well under what was expected, slower inflation at the producer level
- expected 0.9%, prior 1.0%
3.9% y/y
- expected 3.9%, prior 5.2%
more to come
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Producer Price Index (PPI) is an economic indicator that measures the average change over time in the selling prices received by domestic producers for their output. It is a measure of inflation from the perspective of product manufacturers and service providers.