Pharaoh
Brigadier General
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Producer Price Index. This is a measure of wholesale prices of goods and services.
Generally, if the released number is greater than the forecast number, that is good for the value of the nation's currency. One of the reasons for this is that an increase of the PPI is considered inflationary, and higher inflation often leads to increased interest rates.
Generally, if the released number is greater than the forecast number, that is good for the value of the nation's currency. One of the reasons for this is that an increase of the PPI is considered inflationary, and higher inflation often leads to increased interest rates.
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