June 2015 US PPI final demand data report 15 July 2015
– Prior 0.5%
– -0.7% vs -0.9% exp y/y. Prior -1.1%
– Ex-food/energy 0.3% vs 0.1% exp m/m. Prior 0.1%
– 0.8% vs 0.7% exp y/y. Prior 0.6%
Signs of rising prices, particularly in the core numbers. Yellen’s comments are the headline news but there’s a smidge of inflationary pressure from these numbers