U.S. Producer Price Index Rose 0.4% In September

(For September 2010)

U.S. producer price index rose 0.4% in September vs. 0.1% consensus. August reading was also at 0.4%. On year level PPI is up 4.0%.

Chart 1. U.S. Producer Price Index

Food & energy taken out U.S. producer price index rose 0.1% in September. The consensus and prior reading were also at 0.1%. On year level core PPI is up 1.6%.

Chart 2. U.S. Producer Price Index – Core

Well, data kind of going against FED deflationary fears, we’ll wait for CPI confirmation tomorrow.

This entry was posted on Thursday, October 14th, 2010 at 6:56 am and is filed under U.S. Economic Data. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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