US PPI remained flat in September compared to the previous month - gasoline prices fell.
Updated date and time: October 11, 2024 21:51 JST
In September, the US Producer Price Index (PPI) remained flat compared to the previous month. Growth was restrained by a decrease in gasoline prices, hinting at further progress towards inflation control.
In September, the US Producer Price Index (PPI) remained flat compared to the previous month. Growth was restrained by a decrease in gasoline prices, hinting at further progress towards inflation control.
The Producer Price Index (PPI) for final demand goods and services remained unchanged from the previous month.
The median economist forecast is for a 0.1% increase.
It rose by 0.2% in August.
It increased by 1.8% compared to the same month last year.
Market estimates show a 1.6% increase.
In August, there was an upward revision to 1.9% increase (initial report showed a 1.7% increase).
The Core Producer Price Index (PPI), excluding volatile food and energy, increased by 0.2% from the previous month and by 2.8% compared to the same month last year.
The median economist forecast is for a 0.1% increase.
It rose by 0.2% in August.
It increased by 1.8% compared to the same month last year.
Market estimates show a 1.6% increase.
In August, there was an upward revision to 1.9% increase (initial report showed a 1.7% increase).
The Core Producer Price Index (PPI), excluding volatile food and energy, increased by 0.2% from the previous month and by 2.8% compared to the same month last year.
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