US PPI rose 0.3% mom and 2.7% yoy in September, matching expectations. The entire monthly advance came from goods, where prices jumped 0.9%, while services were flat.
PPI final demand less food, energy, and trade—edged up just 0.1% mom after a firmer 0.3% mom reading in August. On a 12-month basis, core rose 2.9%.
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