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US PPI picked up to 0.4% yoy in Sep, core PPI up to 1.2% yoy

US PPI for final demand rose 0.4% mom in September, above expectation of 0.2% mom. PPI core rose 0.4% mom, also above expectation of 0.2% mom. Annually. PPI turned positive to 0.4% yoy versus expectation of -0.3% yoy. PPI core surged to 1.2% yoy versus expectation of 0.3% yoy.

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