Global| Feb 14 2019U.S. Producer Prices Decline; Core PPI Rises
Summary
The headline Final Demand Producer Price Index using new methodology fell 0.2% during December.......... The PPI data are contained in Haver's USECON database with further detail in PPI and PPIR. The expectations figures are available [...]
The headline Final Demand Producer Price Index using new methodology fell 0.2% during December..........
The PPI data are contained in Haver's USECON database with further detail in PPI and PPIR. The expectations figures are available in the AS1REPNA database.
| Producer Price Index (SA, %) | Jan | Dec | Nov | Jan Y/Y | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|
| Final Demand | -0.1 | -0.1 | 0.1 | 2.0 | 2.9 | 2.3 | 0.4 |
| Excluding Food & Energy | 0.3 | 0.0 | 0.3 | 2.6 | 2.6 | 1.9 | 1.2 |
| Excluding Food, Energy & Trade Services | 0.2 | 0.0 | 0.3 | 2.5 | 2.8 | 2.1 | 1.2 |
| Goods | -0.8 | -0.3 | -0.5 | 0.5 | 3.4 | 3.3 | -1.4 |
| Foods | -1.7 | 2.6 | 1.3 | 1.4 | 0.2 | 1.2 | -2.8 |
| Energy | -3.8 | -4.3 | -5.1 | -7.5 | 10.2 | 10.4 | -8.4 |
| Goods Excluding Food & Energy | 0.3 | 0.1 | 0.3 | 2.4 | 2.5 | 2.2 | 0.7 |
| Services | 0.3 | 0.0 | 0.3 | 2.8 | 2.6 | 1.8 | 1.4 |
| Trade Services | 0.8 | -0.1 | 0.4 | 3.2 | 1.8 | 1.4 | 1.3 |
| Construction | 0.6 | 0.1 | 0.2 | 4.9 | 4.0 | 2.2 | 1.1 |
| Intermediate Demand - Processed Goods | -1.4 | -0.9 | -0.6 | 0.9 | 5.3 | 4.7 | -3.1 |
Gerald D. Cohen
AuthorMore in Author Profile »Gerald Cohen provides strategic vision and leadership of the translational economic research and policy initiatives at the Kenan Institute of Private Enterprise.
He has worked in both the public and private sectors focusing on the intersection between financial markets and economic fundamentals. He was a Senior Economist at Haver Analytics from January 2019 to February 2021. During the Obama Administration Gerald was Deputy Assistant Secretary for Macroeconomic Analysis at the U.S. Department of Treasury where he helped formulate and evaluate the impact of policy proposals on the U.S. economy. Prior to Treasury, he co-managed a global macro fund at Ziff Brothers Investments.
Gerald holds a bachelor’s of science from the Massachusetts Institute of Technology and a Ph.D. in Economics from Harvard University and is a contributing author to 30-Second Money as well as a co-author of Political Cycles and the Macroeconomy.
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