US PPI for final demand rose 0.6% mom in October, above expectation of 0.5% yoy. For the 12 months period, PPI was unchanged at 8.6% yoy, slightly below expectation of 8.7% yoy.
PPI core came in at 0.4% mom, 6.8% yoy, versus expectation of 0.5% mom, 6.8% yoy.
