|Mar 21, 06:00||Producer Price Index (YoY)||12.7%||15.1%|
Producer Price Index (YoY)
The Producer Price Index released by the Federal State Statistics Service measures the average changes in prices in primary markets of Russian by producers of commodities in all states of processing. Changes in the PPI are widely followed as an indicator of commodity inflation. Generally speaking, a high reading is seen as positive (or bullish) for the Russian Ruble, whereas a low reading is seen as negative (or bearish).
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