The Producer Price Index for final demand increased 0.3 percent in September, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices declined 0.1 percent in August and rose 0.8 percent in July. (See table A.) On an unadjusted basis, the index for final demand moved up 2.7 percent for the 12 months ended in September. Note that September PPI data collection was completed before the lapse in appropriations. The September advance in the index for final demand is attributable to a 0.9-percent increase in prices for final demand goods. The index for final demand services was ... (full story)

US Producer Prices rose 2.7% in September from a year earlier, according to the latest figures from the Bureau of Labour Statistics (BLS). That was broadly in line with expectations, though slightly above August’s 2.6% uptick. Stripping out food and energy, core Producer Prices were up 2.9% over the year, above the 2.7% forecast and up from the previous 2.8% increase. On a monthly basis, the headline PPI edged up 0.3%, and the core PPI rose by 0.1%. The US Dollar (USD) trades on the defensive on Tuesday, breaking below the 100.00 support to hit four-day lows as investors assess the recent data releases as well as ... (full story)