US PPI rose 0.2% mom, 9.7% yoy in Dec
US PPI for final demand rose 0.2% mom in December, below expectation of 0.4% mom. Over the year, PPI accelerated to 9.7% yoy, up from 9.6% yoy, below expectation of 9.8% yoy.
PPI core rose 0.5% mom versus expectation of 0.4% mom. Over the year, PPI core accelerated to 8.3% yoy, up from 7.7% yoy, above expectation of 8.0% yoy.
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