United States Redbook Index (YoY) dipped from previous 6.8% to 4% in January 10

Jan 14, 2025

US: Headline Producer Prices rose below estimates 3.3% YoY in December

The latest data from the Bureau of Labor Statistics (BLS) shows that producer prices climbed 3.3% in December compared to a year earlier.

GBP/USD Price Forecast: Tumbles below 1.2200 after US PPI data

The GBP/USD plunged below 1.2200 during the North American session following the release of US producer price inflation data, which hinted that prices dipped slightly but close to Wall Street's estimates.