# Slower U.S. producer price growth adds to improving inflation outlook | Reuters

> U.S. producer price growth slowed, which adds to the outlook for lower inflation. The Fed delivered its fourth consecutive 75-basis-point hike earlier in the month but signaled it may be nearing an inflection point in the fastest rate-hiking cycle since the 1980s.

- Date: 2022-11-15 · published 2022-11-15T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/38598-slower-u-s-producer-price-growth-adds-to-improving-inflation-outlook-reuters
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Slower price growth and signs of a turning point in rate hikes could ease pressure on the dollar over time. That would reduce the currency headwind for dollar-priced commodities, though the effect on feed prices would be gradual.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2018-07-11 | [U.S. producer inflation rises on strong services gains \| Reuters](https://feedsoft.ai/events/63949-u-s-producer-inflation-rises-on-strong-services-gains-reuters.md) | +0.5% | +0.4% |
| DXY | 2021-05-28 | [Pent-up demand, shortages fuel U.S. inflation \| Reuters](https://feedsoft.ai/events/47006-pent-up-demand-shortages-fuel-u-s-inflation-reuters.md) | -0.1% | +1.0% |
| DXY | 2021-11-10 | [Surging gasoline, food prices fan U.S. inflation](https://feedsoft.ai/events/44247-surging-gasoline-food-prices-fan-u-s-inflation.md) | +1.1% | +1.8% |
| DXY | 2023-05-10 | [Dollar in holding pattern, inflation data provides little clarity on rates \| Reuters](https://feedsoft.ai/events/36142-dollar-in-holding-pattern-inflation-data-provides-little-clarity-on-rates.md) | +0.3% | +0.9% |
| DXY | 2023-04-13 | [Dollar dips as producer prices cool, euro hits one-year high \| Reuters](https://feedsoft.ai/events/36579-dollar-dips-as-producer-prices-cool-euro-hits-one-year-high-reuters.md) | +0.3% | -0.4% |

## Sources

- reuters.com: https://www.reuters.com/markets/us/us-producer-prices-rise-less-than-expected-october-2022-11-15/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.