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Thursday, January 11, 2018

US December PPI -0.1% vs +0.2% expected

December US producer price index - Prior was +0.4% - Ex food and energy -0.1% vs +0.2% exp - Prior ex food and energy +0.3% - Ex food, energy and trade +0.1% vs +0.2% exp Given the climb in commodity prices and the weakness in the US dollar in December, a drop in the PPI is a headscratcher.
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