Prior was +2.6% PPI +0.3% m/m vs +0.3% expectedPrior m/m -0.1% Ex food and energy +2.6% y/y vs +2.7% expectedEx food and energy +0.1% m/m vs +0.2% expectedFull report here
This is September data, so it’s very old news and won’t change anything for the Fed.
From the BLS “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 unchanged.”
This article was written by Giuseppe Dellamotta at investinglive.com.