US producer price index drops in Sept

2019-10-08 13:18:35 GMT (Economies.com)
US producer price index drops in Sept

The US economy released at 12:30 GMT, its monthly reading for the producer price index (PPI), which contracted by -0.3% in September (lowest level since July 2016), lower than forecasts and the previous reading of an expansion by 0.1%.

 

The core PPI reading (excluding food and fuel prices) also showed a contraction by -0.3%, lower than forecasts of 0.2% and lower than the previous reading of 0.3%.

 
 
 
  Symbol Last Change Chg.%
1.1163
-0.0003
0.0251%
1.2977
0.0025
0.1961%
17.702
0.158
0.899%
53.386
-0.322
0.599%
58.82
-0.59
0.99%
1491.195
1.040
0.070%
 
 
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