US producer prices rose more than expected in January, with headline PPI climbing 0.5% mom against forecasts of 0.3%. The increase was largely driven by a sharp 0.8% gain in final demand services, while prices for final demand goods declined -0.3%. On an annual basis, PPI eased slightly from 3.0% yoy to 2.9% yoy, but […]The post US PPI rises 0.5% mom in January as services drive monthly jump appeared first on ActionForex.