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August Final Demand PPI +0.3%; Core +0.4%

US DATA
MNI (Washington)
  • U.S. final demand PPI rose 0.3% in August, above forecasts for a 0.2% gain though still slowing from July's 0.6% increase, according to figures published Thursday by the Bureau of Labor Statistics.
  • That was mainly led by a 0.5% gain in final demand services, the same as July. A 1.2% increase in final demand trade services accounted for two-thirds of that increase, the BLS said.
  • Prices for final demand goods were up 0.1% in August.
  • Excluding food and energy, final demand PPI advanced 0.4%, also above expectations for a 0.2% gain but slowing from July's 0.5% increase.
  • Final demand PPI excluding food, energy and trade services was up 0.3% in August, the same as both July and June. Markets had expected a gain of 0.2%.
MNI Washington Bureau | +1 202-371-2121 | brooke.migdon@marketnews.com
Energy BulletsCommodities
MNI Washington Bureau | +1 202-371-2121 | brooke.migdon@marketnews.com
Energy BulletsCommodities

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