UK PPI output prices MoM came in at 0.8% for September, above the 0.6% forecast and up from 0.7% prior.
Sentimentneutral 50
Neutral · 50 of 100
Impact30
low · stays off the top drivers
Confidence95%
high confidence · 2 wires
Eventdeveloping
v2 · alerted to followers
WHAT WE KNOW
UK PPI output prices MoM: actual 0.8%
Forecast: 0.6%
Previous: 0.7%
UK producer output prices rose 0.8% month-on-month in September, above the 0.6% consensus forecast and accelerating from the prior 0.7% increase. The data is from the Office for National Statistics.
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WHY IT MATTERS••••••••••Market transmission and exposed assetsBULL / BEAR CASE•••• / ••••Competing evidence, edited togetherNEWS ON PRICE••.•% reactionConfirmation versus SPY and sectorWHAT TO WATCH•• catalystsThe facts that can change the read
BORSAPLUSWhy it matters · Bull and bear case · Reaction against SPY and the sector · What to watch