• Human Reporters · Not Machines

    • Still No Inflation, But Economy Roaring

    By CDMStaff
    January 15, 2020
    1 Comment
    Still No Inflation, But Economy Roaring
    US manufacturing industry's share of nominal GDP
    Image by U.S. Bureau of Economic Analysis

    Economic data released this morning shows inflation in the United States continues to be under control while the underlying Main Street economy is booming.

    NY Empire State Manufacturing Index (Jan) printed at 4.8 vs 3.55 consensus estimate.

    Producer Price Index (YoY) (Dec) printed at estimates at 1.3%.

    Producer Price Index (MoM) (Dec) printed at 0.1% vs 0.2% estimate.

    Producer Price Index ex Food & Energy (YoY) (Dec) printed at 1.1% vs 1.3% estimate.

    Producer Price Index ex Food & Energy (MoM) (Dec) printed at 0.1% vs 0.2% estimate.

    Author

    CDMStaff

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