PPI y/y

Source
MeasuresChange in the price of goods sold by corporations;
Usual Effect'Actual' greater than 'Forecast' is good for currency;
FrequencyReleased monthly, about 12 days after the month ends;
Next Release
Why Traders
Care
It's a leading indicator of consumer inflation - when corporations raise the price of their goods the higher costs are usually passed on to the consumer;
Also CalledCGPI;
Acro ExpandProducer Price Index (PPI), Corporate Goods Price Index (CGPI);