Economic Event | Core PPI |
Units | Percentage Change from Previous Period |
Current Period | Nov 2009 |
Release Date | Dec. 15. 09 |
Reported | 0.5 |
Consensus for Current Period | 0.2 |
Number of Forecasts | 44 |
Economic Surprise | 0.3 ( 150.00 % ) |
Prior Period | Oct 2009 |
Reported Value for Prior Period | -0.6 |
Revised From | |
Next Release Date | Jan. 20. 10 |
Next Release Time | 8:30 AM Eastern Time |
Source | http://stats.bls.gov/news.release/pdf/ppi.pdf |
Note | |
Description | Producer Price Index- Is the measure of prices received by producers at the first commercial sale. The report measures prices for goods at three stages of production: finished, intermediate and crude. The index for finished goods generally receives the most attention. Change in this index is the first aggregate inflation measure available for the month. Empirical work has shown that significant surprises in the PPI are correlated with stock price movements. |