NMLS # 408873

Producer Price Index (PPI)

Producer Price Index (PPI)

The Producer Price Index (PPI) is a measure of the average change over time in the selling prices received by domestic producers for thief goods and services.  It is calculated by the Bureau of Labor Statistics (BLS) of the U.S. Department of Labor and is based on the price changes from the perspective of the seller, unlike the Consumer Price Index (CPI), which measures the perspective of the buyer.

Thursday May 11th 2023

8:42 AM : The Producer Price Index, which measures wholesale inflation, was reported for the month of April. The Headline PPI figure was up 0.2%, which was below expectations of 0.3%. On a year over year basis PPI decreased by 0.4% from 2.7% to 2.3%, which was lower than the 2.4% estimate. Core PPI, which strips out food and energy prices, increased by 0.2%, which was in line with expectations. Year over year Core PPI decreased by 0.2% to 3.2%, which was just below the 3.3% estimate.

Monday May 8th 2023

Marketing is expecting the PPI to be 2.5% from last month's 2.7% and the core PPI to be 3.3% from last month's 3.4%

Previous Month information

Thursday April 14th 2023

8:41 AM : The Producer Price Index, which measures wholesale inflation, was reported for the month of March. The Headline PPI figure was down 0.5%, which was below expectations of no change. On a year over year basis PPI decreased by 2.2% from 4.9% to 2.7%, which was lower than the 3% estimate,. Core PPI, which strips out food and energy prices, decreased by 0.1%, which was below expectations of a 0.3% gain. Year over year Core PPI decreased by 1% to 3.4%, matching the estimates.

For more information contact the John Marbury Group! john@colonybank.com

John Marbury - 205-266-5669 john.marbury@colonybank.com  NMLS# 740833

Donna Johnson 205-948-7933 donna.johnson@colonybank.com NMLS# 740828

For updates, mortgage calculators and online application go to: https://www.johnmarbury.com/

 

NMLS # 408873

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