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.%
1.0850
0.0011
0.1006%
1.2958
-0.0090
0.6878%
Tadawul
7982.95
-24.44
0.31%
18.493
0.740
4.168%
53.333
1.131
2.168%
58.37
-0.94
1.58%
1643.645
58.945
3.720%
 
 
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