Producer Price Index Rises 1.1%

copper tubing

Photo: apalca/Flickr

UPDATE:

1.1% headline producer price index rise is slightly ahead of expectations.

On the other hand, the core rate was just 0.0%, which was behind expectations of 0.2%.

Not going to have a huge impact on much, but the 0.0% core rate is still a sign that the trend is not inflationary.

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This is not going to be a huge market mover, but the Producer Price Index comes out at 8:30 AM ET.

Analysts expect a 0.8% rise.

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