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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
United StatesUS Producer Price Index ex Food & Energy MoM held to 0.2% in March 2013
FMPMonthlyReleased April 2013
US Producer Price Index ex Food & Energy MoM held to 0.2% in March 2013, released April 2013. The reading matched the 0.2% consensus.
Latest Release
0.200000
Actual
0.200000
Consensus
0.200000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| S&P 500 | ▲ Direct | +0.50 | INDEX | Bullish Stocks | → View |
| EUR/USD | ▼ Inverse | −0.45 | FOREX | Bearish EUR | → View |
| USD/JPY | ▲ Direct | +0.40 | FOREX | Bullish USD | → View |
| XAU/USD | ▼ Inverse | −0.35 | COMMODITIES | Bearish Gold | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Producer Price Index ex Food & Energy MoM (United States) was reported at 0.2% in March 2013. This matched the market consensus of 0.2% exactly. The reading was unchanged from the previous release. This is classified as a medium-impact indicator released on a monthly basis.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with S&P 500 (Bullish Stocks). A secondary relationship exists with EUR/USD, negatively correlated (Bearish EUR).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include MBA 30-Year Mortgage Rate (Jun 17) and Retail Sales MoM (Jun 17).
Auto-generated from current model state · Refreshes on each release · Last update April 2013.
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Producer Price Index ex Food & Energy MoM - US
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About Producer Price Index ex Food & Energy MoM — United States
DEFINITION
The Producer Price Index ex Food & Energy MoM is a key economic indicator that measures the change in prices received by domestic producers for their goods and services, excluding the volatile food and energy sectors, on a month-over-month basis. This index provides valuable insights into inflationary pressures in the economy and is closely monitored by policymakers, businesses, and investors to make informed decisions.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Apr 2013): actual 0.2 %, consensus 0.2 %.
WHAT'S NEXT
This indicator correlates most strongly with S&P 500 (Bullish Stocks, r=0.50) — a useful reference for index-focused traders.