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September PPI +0.4%; Core +0.4%

US DATA
MNI (Washington)
  • U.S. PPI rose 0.4% in September, above market expectations for a 0.2% gain, according to figures released Wednesday by the Bureau of Labor Statistics.
  • Nearly two-thirds of that increase was driven by a 0.4% increase in prices for final demand services, the BLS said. Prices for final demand goods were also up 0.4%.
  • Final demand food prices were up 1.2% in September after falling 0.4% in August. Final demand energy prices dropped 0.3%.
  • Excluding food and energy, PPI rose 0.4% when financial markets had expected a 0.2% increase.
  • Excluding food, energy, and trade services, final demand PPI was up 0.4%.
MNI Washington Bureau | +1 202-371-2121 | brooke.migdon@marketnews.com
MNI Washington Bureau | +1 202-371-2121 | brooke.migdon@marketnews.com

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