Inflation Contained. Sun Rose in East.

PPI-FD  (July 2015)

– PPI-FD month/month +0.2%. Previous was +0.4%
– PPI-FD year/year -0.8%. Previous was -0.7%
– PPI-FD core (less food & energy) month/month  +0.3%. Previous was +0.3%
– PPI-FD core (less food & energy) year/year  +0.6%. Previous was +0.8%
– PPI-FD core (less food, energy & trade services) month/month  +0.2%. Previous was +0.3%
– PPI-FD core (less food, energy & trade services) year/year  +0.9%. Previous was +0.7%
– PPI-FD Goods month/month  -0.1%. Previous was +0.7%
– PPI-FD Goods year/year  -3.7%. Previous was -3.7%
– PPI-FD Services month/month + 0.4%. Previous was  +0.3%
– PPI-FD Services year/year   +0.6%. Previous was +0.8%

I would regard this as market neutral showing inflation well contained which is not exactly news.

 

 

Industrial Production  (July 2015)

– Production month/month +0.6%. Previous was +0.1%
– Capacity Utilization Rate  +78.0%. Previous was 77.7%
– Manufacturing month/month +0.8%. Previous was -0.3%.

 

Consumer Sentiment (August 2015)

– Sentiment Index 92.9. Previous was 93.1.

The is the University of Michigan’s Sentiment Index.  It is supposed to be a leading indicator of Consumer Spending.