Free Trial
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
US DATA
October US PPI comes in basically in line with expectations ... Energy prices pick up further, foods decelerate; on core, trade and transport/warehousing prices decelerate, services price growth steady. Details from BLS release on final demand goods/services:
- Final demand goods: "The index for final demand goods moved up 1.2 percent in October following a 1.3-percent increase in September. In October, three-quarters of the advance can be attributed to a 4.8-percent jump in prices for final demand energy. The index for final demand goods less foods and energy moved up 0.5 percent. Conversely, prices for final demand foods decreased 0.1 percent."
- Final demand services: "Prices for final demand services moved up 0.2 percent in October, the tenth consecutive advance. Nearly two-thirds of the increase in October can be attributed to the index for final demand trade services, which rose 0.4 percent. (Trade indexes measure changes in margins received by wholesalers and retailers.) Prices for final demand transportation and warehousing services advanced 1.7 percent. Conversely, the index for final demand services less trade, transportation, and warehousing fell 0.1 percent."
Source: BLS
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok