HomeLive CommentsUS PPI up 0.4% mom, 8.5% yoy in Sep

US PPI up 0.4% mom, 8.5% yoy in Sep

ActionForex
By ActionForex

US PPI for final demand rose 0.4% mom in September, above expectation of 0.2% mom. Two-thirds can be traced to a 0.4% mom prices for services. The index for goods rose 0.4%. Prices less food, energy, and trade services rose 0.4% mom.

For the 12 months ended in the period, PPI slowed from 8.7% yoy to 8.5% yoy. PPI ex food, energy and trade was unchanged at 5.6% yoy.

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