PPI Final Demand in 2015
PPI Final Demand opened 2015 at 110.10 and closed at 109.60, a -0.45% move for the year. The high of 110.50 was reached on July 1, and the low of 109.60 on February 1.
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 110.10 | 110.10 | 110.10 | 110.10 | +0.00% |
| Feb | 109.60 | 109.60 | 109.60 | 109.60 | +0.00% |
| Mar | 109.80 | 109.80 | 109.80 | 109.80 | +0.00% |
| Apr | 109.60 | 109.60 | 109.60 | 109.60 | +0.00% |
| May | 110.00 | 110.00 | 110.00 | 110.00 | +0.00% |
| Jun | 110.30 | 110.30 | 110.30 | 110.30 | +0.00% |
| Jul | 110.50 | 110.50 | 110.50 | 110.50 | +0.00% |
| Aug | 110.30 | 110.30 | 110.30 | 110.30 | +0.00% |
| Sep | 109.90 | 109.90 | 109.90 | 109.90 | +0.00% |
| Oct | 109.60 | 109.60 | 109.60 | 109.60 | +0.00% |
| Nov | 109.70 | 109.70 | 109.70 | 109.70 | +0.00% |
| Dec | 109.60 | 109.60 | 109.60 | 109.60 | +0.00% |
Events During 2015
The PBoC devalued the yuan by 1.9% in a single day on August 11, 2015, the first meaningful devaluation since 1994. Global risk assets convulsed.
Brent crude fell from $115 in June 2014 to $27 in January 2016, a 77% collapse. Shale oversupply and OPEC's refusal to cut production broke the commodity supercycle that had dominated markets since 2003.
The Swiss National Bank abandoned its 1.20 EUR/CHF floor on January 15, 2015. The franc immediately surged 30%, blowing up retail FX brokers and exposing the fragility of exchange rate commitments.
Related Metrics
Get historical context as markets unfold, regime classification, scenario triggers, and analysis in your inbox.