Gold steady near $3,650, close to its record high after near $3,675 seen on Tuesday. US PPI fell 0.1% MoM in August, after a downwardly revised 0.7% gain in July and below forecasts of a 0.3% increase. Technicals continue to show a strong bullish structure, with immediate support at $3,617 followed by $3,556. Gold (XAU/USD) […]
Producer prices in the U.S. increased by much more than expected in the month of July, the Labor Department revealed in a report released on Thursday. The Labor Department said its producer price index for final demand shot up by 0.9 percent in July after coming in unchanged in June. Economists had expected producer prices
Lithuania’s producer prices continued their falling trend in July, data from Statistics Lithuania showed on Monday. The producer price index dropped 2.8 percent year-on-year in July, following a 2.6 percent decrease in June. Prices have been falling since January. Prices in the domestic market alone fell by 3.0 percent, and those in the foreign market
China Producer Price Index (YoY) below forecasts (-3.3%) in July: Actual (-3.6%) Source link
Romania’s producer prices decreased for the first time in five months in June, data from the National Institute of Statistics showed on Monday. The producer price index dropped 0.3 percent yearly in June, reversing a 0.9 percent rise in May. Prices in the domestic market decreased 1.5 percent annually in June, while those in the
Denmark’s producer price inflation moderated in June to the lowest level in eight months, figures from Statistics Denmark showed on Tuesday. The producer price index climbed 8.4 percent year-on-year in June, slower than the 9.2 percent rise in May. Further, this was the slowest growth rate since October 2024, when prices had risen 6.3 percent.
Producer prices in Japan were down 0.2 percent on month in June, the Bank of Japan said on Thursday. That was in line with expectations and down from the upwardly revised 0.1 percent contraction in May (originally -0.2 percent). On a yearly basis, producer prices climbed 2.9 percent – again matching forecasts and down from
China Producer Price Index (YoY) below forecasts (-2.6%) in April: Actual (-2.7%) Source link
Producer prices in Sweden decreased for the first time in five months in March, data from Statistics Sweden showed on Monday. The producer price index dropped 0.3 percent year-on-year in March, reversing a 3.4 percent increase in February. Appreciation of the Swedish krona led to lower prices on all markets, the agency said. Prices for
Estonia’s producer prices increased markedly in February, figures from Statistics Estonia showed on Thursday. The producer price index rose 6.1 percent year-on-year in February after remaining flat in the previous month. The sharp growth in February was mainly driven by price increases in electricity production, in the manufacture of wood and wood products, and in
Germany Producer Price Index (YoY) came in at 0.7% below forecasts (1%) in February Source link
Lithuania’s producer prices decreased in January after rising in the previous month, data from Statistics Lithuania showed on Thursday. The producer price index dropped 1.7 percent year-on-year in January, reversing a 0.3 percent rise in December, which was the first increase in five months. Prices in the domestic market alone fell by 5.3 percent, while
South Korea’s producer price inflation accelerated for the second straight month in December to the highest level in five months, preliminary data published by the Bank of Korea showed on Tuesday. Producer prices increased 1.7 percent year-on-year in December, after a 1.4 percent rise in November. Further, this was the highest inflation rate since July,
The GBP/USD plunged below 1.2200 during the North American session following the release of US producer price inflation data, which hinted that prices dipped slightly but close to Wall Street’s estimates. Source link
