US December PPI +0.3% vs +0.3% m/m expected

• Prior was +0.4% m/m
• PPI ex food and energy +0.2% vs +0.1% exp
• PPI ex food, energy and trade +0.1% vs +0.1% exp

Year-over-year

• PPI 1.6% vs 1.6% exp
• Ex food and energy 1.6% vs 1.5% exp
• Ex food, energy and trade 1.7% vs 1.8% exp

I thought there might be a downside miss because of the stronger dollar but the numbers were a tiny bit high.