SPPI y/y

Source
MeasuresChange in the price of services purchased by corporations;
Usual Effect'Actual' greater than 'Forecast' is good for currency;
FrequencyReleased monthly, about 25 days after the month ends;
Next Release
Why Traders
Care
It's a leading indicator of consumer inflation - when corporations pay more for services the higher costs are usually passed on to the consumer;
Also CalledCSPI;
Acro ExpandServices Producer Price Index (SPPI), Corporate Services Price Index (CSPI);