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October PPI Above Expected At +0.4%, Core...>

US DATA
US DATA: October PPI Above Expected At +0.4%, Core +0.3%
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- Headline PPI +0.4% vs +0.3% BBG; largest increase since April 
- Core +0.3% vs +0.2% BBG  
- Y/Y rates: headline PPI +1.1% (prev +1.4%), Core +1.6% (prev +2.0%) 
- PPI ex. food, energy, trade +0.1% (+1.5% y/y); trade services +0.8% m/m 
- Energy prices +2.8% (gas +7.3%), food prices +1.3% 
- Final demand goods -0.6% y/y; lowest since August 2016
- Personal consumption prices +0.6%, ex. food and energy +0.4%

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