January Producer Price Index (Double Expectations)

• February 14, 2017
• realestate
• Business & Markets, Real Estate Finance

January Producer Price Index (PPI) on a MOM basis 0.6% vs. estimates of 0.3%. PPI YOY 1.6% vs. estimates of 1.5%. Core PPI MOM 0.4% vs. estimates of 0.2%. Core PPI YOY 1.2% vs. estimates of 1.1%. The MOM readings are double the market expectations, which is generally negative for interest rate pricing.