EUR/USD: PPI data

PPI data reflects changes in the prices that manufacturers and wholesalers pay for services during different stages of production. If PPI data indicates inflation, then the American consumer will be paying more for good at the retail level. Important things to not about this indicator:

- Relevance = high
- A small pickup in inflation may be bullish for the dollar because this will push U.S. short-term interest rates higher.
- Release Schedule: 8:30 AM (EST); monthly