๐ฅ Producer Price Index Release: 5:30 PM
โ Current: 2.3%
๐ฎ Forecast: 2.5%
๐ฅ Bullish if: 2.4% or lower
๐จ Bearish if: 2.6% or higher
โถ๏ธ Neutral if: 2.5%
๐จ WHAT IS PPI?
โ The Producer Price Index (PPI) measures the change in prices producers face when manufacturing goods within a country.
Rising PPI (Inflation) โ Signals higher production costs, often a sign the economy is under pressure.
Falling PPI โ Positive for crypto and most financial markets, but slightly negative for Gold and the US Dollar.
Higher-than-expected PPI โ Slightly negative for crypto and financial markets, bullish for Gold and the US Dollar.
