TechFlow news, January 14 — According to Jinshi News, IGM analysts said that the U.S. December PPI inflation came in significantly below expectations. The headline figure rose 3.3% year-on-year, below the market consensus forecast of 3.5%, while the core index excluding food and energy increased only 3.5% year-on-year, lower than the expected 3.8%. These figures are a positive signal for the Fed's next move, but do not necessarily mean that weak CPI readings will follow in the coming months.
Add to Favorites
Share to Social Media
