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Producer Price Indexes - September 2018
The Producer Price Index for final demand increased 0.2 percent in September, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices declined 0.1 percent in August and were unchanged in July. (See table A.) On an unadjusted basis, the final demand index advanced 2.6 percent for the 12 months ended in September. In September, the rise in the final demand index can be traced to a 0.3-percent increase in prices for final demand services. In contrast, the index for final demand goods decreased 0.1 percent. The index for final demand less foods, energy, and trade services moved up 0.4 ... (full story)
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US producer price index rose 0.2% in Sept, as expected
U.S. producer prices increased 0.2 percent in September, reversing an unexpected decline in August and in line with expectations. A rise in services prices offset a slight drop in prices for goods. Final demand prices had fallen 0.1 percent in August. In the 12 months through September, the producer price index rose 2.6 percent, slightly less than expected. Economists polled by Reuters had forecast the PPI increasing 0.2 percent in September and advancing 2.8 percent year-on-year. A key gauge of underlying producer price pressures that excludes food, energy and trade services rose 0.4 percent last month, the largest ... (full story)