View full page at forexfactory.com

 

US wholesale inflation rose 0.5% in September, more than expected

From cnbc.com

A measure of wholesale prices rose more than expected in September, indicating simmering inflation pressures for the U.S. economy. The producer price index, which measures costs for finished goods that producers pay, increased 0.5% for the month, against the Dow Jones estimate for a 0.3% rise, the Labor Department reported Wednesday. That was less than the 0.7% increase in August. Excluding food and energy, the core PPI was up 0.3%, versus the forecast for 0.2%. Excluding food, energy and trade services, the index rose 0.2%, in line with the estimate. Markets showed only a mild reaction to the PPI release, with stock ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis