US Data Forecast Focus: September PPI Seen +0.2%, Core +0.2%

Repeats Story Initially Transmitted at 11:35 GMT Oct 10/07:35 EST Oct 10

     WASHINGTON (MNI) - Final demand PPI is expected to rise by 0.2% in

September after a 0.1% August decline. Energy prices are expected to slide

modestly following a 0.4% August increase, while food prices are expected to

rise slightly after a 0.6% decline. Excluding food and energy prices, PPI is

forecast to also rise 0.2% after a 0.1% July drop.

     Analysts sharply overestimated final demand PPI in August, owning to

declines in food and trade services and a softer than expected reading for core

PPI. The misses in the last ten September reports have been tilted toward

underestimate for overall PPI and have been mixed for core PPI

                                  Apr-18  May-18  Jun-18  Jul-18  Aug-18  Sep-18

--------------------------------------------------------------------------------

Overall PPI Forecast:

Median                               0.2     0.2     0.2     0.2     0.2     0.2

Range High                           0.4     0.4     0.3     0.3     0.5     0.3

Range Low                            0.2     0.1     0.2     0.1     0.1     0.0

Actual result                        0.1     0.5     0.3     0.0    -0.1    #N/A

Median-Actual                        0.1    -0.3    -0.1     0.2     0.3    #N/A

Historical Comparison             Sep-12  Sep-13  Sep-14  Sep-15  Sep-16  Sep-17

Median                               0.8     0.2     0.1    -0.2     0.2     0.4

Range High                           1.5     0.4     0.2    -0.1     0.3     0.6

Range Low                            0.4    -0.2    -0.1    -0.4     0.1     0.2

Actual result                        1.1     0.2    -0.1    -0.5     0.3     0.4

Median-Actual                       -0.3     0.0     0.2     0.3    -0.1     0.0

                                  Apr-18  May-18  Jun-18  Jul-18  Aug-18  Sep-18

Core PPI Forecast:

Median                               0.2     0.2     0.3     0.2     0.2     0.2

Range High                           0.3     0.3     0.3     0.3     0.3     0.3

Range Low                            0.2     0.2     0.2     0.2     0.1     0.1

Actual result                        0.2     0.3     0.3     0.1    -0.1    #N/A

Median-Actual                        0.0    -0.1     0.0     0.1     0.3    #N/A

Historical comparison:            Sep-12  Sep-13  Sep-14  Sep-15  Sep-16  Sep-17

Median                               0.2     0.1     0.1     0.1     0.1     0.2

Range High                           0.2     0.3     0.2     0.1     0.2     0.3

Range Low                            0.1     0.0     0.1     0.0     0.1     0.1

Actual result                        0.0     0.1     0.0    -0.3     0.2     0.4

Median-Actual                        0.2     0.0     0.1     0.4    -0.1    -0.2

NOTE: From Jan. 2014

forward, forecast data are

for Final Demand PPI and

Core

                                          May-18  Jun-18  Jul-18  Aug-18  Sep-18

ISM Mfg Index Price Index                   79.5    76.8    73.2    72.1    66.9

ISM Nonmfg Index Price Index                64.3    60.7    63.4    62.8    64.2

--MNI Washington Bureau; tel: +1 202-371-2121; email: kevin.kastner@marketnews.com

[TOPICS: MTABLE]