April 2017 US PPI final demand 0.5% vs 0.2% exp m/m

• Prior -0.1%
• 2.5% vs 2.2% exp y/y. Prior 2.3%
• Ex-food & energy 0.4% vs 0.2% exp m/m. Prior 0.0%
• 1.9% vs 1.7% exp y/y. Prior 1.6%
• Ex-food, energy & trade 0.7% vs 0.1% prior m/m
• 2.1% vs 1.7% prior y/y

I originally posted 0.2% for the headline, apols.

Inflationary pressures continue to rise in the US. And yet our favorite inflationary Hedge, gold ...drops on higher inflation...funny stuff folks...funny stuff/