August final demand PPI -0.1% overall, the..>

US DATA: August final demand PPI -0.1% overall, the first decline 

since February 2017, and -0.1% ex food and energy, both lower than the 

0.2% gains expected on declines in trade services and transportation. 

PPI ex. food, energy, and trade services +0.1%.

- The overall y/y rate of inflation slowed in August to +2.8% from 

+3.3% in July, while PPI ex. food and energy +2.3% y/y, down from +2.7% 

in July. PPI ex, food, energy, and trade services +2.9% y/y vs +2.8%.

- Energy prices +0.4% in the month on residential natural gas, while 

trade services -0.9%, and food prices -0.6%.

- The personal consumption price measures, often used to preview CPI 

and PCE prices was flat overall, flat ex. food and energy, and +0.3% ex. 

food, energy, and trade services, with y/y gains all still above 2%.